jack c massey net worth

Jack Carroll Massey (June 15, 1904 - February 15, 1990) was an American venture capitalist and entrepreneur who owned Kentucky Fried Chicken, co-founded the Hospital Corporation of America, and owned one of the largest franchisees of Wendy's. He was the first American businessman to take three different companies public. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. Since then has donated or pledged at least $160 million to nonprofits. Two other just-completed condos valued at $6.5 million total. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. Earned $1.6 million in salary and bonus from Dollar General in 2001. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. His most important involvement came in the late 1960s with the founding and development of HCA. At 73, Curreys investment portfolio is still weighted with American Express stock, though he has donated or sold chunks over the years to support many philanthropic endeavors (Montgomery Bell Academys Currey Gymnasium, Vanderbilts Brownlee O. Currey Jr. Tennis Center, and most recently, the Currey Ingram Academy in Williamson County). Family has controlling interest in Farmers National Bank, based in Scottsville, Ky. Steve serves as chairman and CEO of banks parent company, FNB Financial Corp., and pursues commercial real estate projects and other investments as a founder and senior partner of Marketstreet Management and Marketstreet Equities companies. His net worth rose to $79.2 billion in 2015 from $76 billion last year. When was Jack Massey Welsh born? That equals more than two-thirds the money collected annually from Tennessee taxpayers. University Marketing and Communications615-460-6650communication@belmont.edu, College of Entertainment and Music Business, College of Liberal Arts and Social Sciences, College of Theology and Christian Ministry, OMore College of Architecture and Design, Interdisciplinary Studies and Global Education. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. At the age of 56, becoming bored with retirement, he went on to secure a place in American business history by helping take three separate companies to the New York Stock Exchange. You have permission to edit this article. Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. His mother and father were not so much rich. Search Celebrity Along with wife Agneta, owns three other homes in Manhattan, Southhampton and the Wellington area of West Palm Beach. The past year wasnt an especially enriching one for the citys wealthy. It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. All rights reserved. Jack Carroll Massey (June 15, 1904 February 15, 1990) was an American venture capitalist and entrepreneur who owned Kentucky Fried Chicken, co-founded the Hospital Corporation of America, and owned one of the largest franchisees of Wendy's. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. Transformative innovation spacesincludingthe Belmont Data Collaborative,the Cone Center for Entrepreneurship and other business/design functionsas well as state-of-the-art collaboration workspacesfor students and facultywill occupy the upper two floors,welcoming people to come together with the goal of solving complex problems. Paid $2 million in 1993 for Belle Meade Boulevard home. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. He also did not get involved in any of the three companies he took to the Big Board until late in life; from 1930 until 1964 he was the owner of a drug store chain and surgical supply business in Nashville. Jack C. Massey Wiki & Bio The building has been named in honor of one of the greatest entrepreneurs and businessmen in American history and is being made possible thanks to a $15 million gift from Mr. Masseys daughter, Barbara Massey Rogers, and the Jack C. Massey Foundation. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. Jordan had a net worth of $1 billion, the magazine said. Masseys birthday is being recognized at the Jack C. Massey Graduate School of Business at Belmont University. The highest-ranking woman was Christy Walton, the widow of John Walton, a son of the founder of Wal-Mart Stores Inc. She has a net worth of $41.7 billion, according to Forbes. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. An investor/director of San Antonio-based Kinetic Concepts, whose systems prevent and treat complications of immobility resulting from disease, surgery or obesity, and treat chronic wounds. You have permission to edit this article. Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. Developed Williamson County Shopping Center. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. Well more than $100 million in real estate, and I dont owe anybody anything, he says. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. Massey resided in Nashville[clarification needed]. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). Your email address will not be published. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. A foundation honoring HCA Holdings Inc. founder Jack C. Massey donated $6.75 million to Belmont University College of Business Administration to help renovate its building. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. His first wife, Elizabeth Polak Massey, died in 1968. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). Owns the former Brooke House at the corner of Tyne and Belle Meade Boulevards, currently on the market for more than $7 million, a house on Chickering Road appraised at $2.6 million, and a home on South Ocean Boulevard in Palm Beach, Fla. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. Company holdings include Danner-Eller Golf Properties, owner of Hermitage Golf Course, Stonebridge Golf Course (Memphis), and a course in Greenville, S.C.; Fifth Quarter Restaurants; several car dealerships, including stakes in Neill-Sandler Toyota, Buick, Pontiac, GMC Truck, Ford, Lincoln, Mercury, and Toyota dealerships in Murfreesboro, Knoxville and Alcoa; and, according to Hoovers Inc., stakes in salmon farms and eucalyptus tree farms in South America. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. All rights reserved. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. June 15, 2022. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. As a result, his earnings from the channels are difficult to forecast. [1] Seven years later he sold the company to Heublein for $239 million. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. University Marketing and Communications615-460-6650communication@belmont.edu, College of Entertainment and Music Business, College of Liberal Arts and Social Sciences, College of Theology and Christian Ministry, OMore College of Architecture and Design, Interdisciplinary Studies and Global Education, Belmont University Tops Out New Jack C. Massey Center, Belmont University Data Collaborative Launches Online Data Platform to Further Support Collaboration around Community Issues, Guaranteed Admittance, Scholarship for Middle Tennessee Community College Students through Phi Theta Kappa, Belmont Cuts Ribbon on New Rooftop Tennis Facility on Campus, Belmont University Admissions to Remain Test Optional for Next Year. He was the instigator, she said. My grandfather loved his family, community, city, nation and Belmont. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Copyright 2020 - 2023 by FamedBorn.com. Jack Massey Welsh has an estimated net worth of about $791.31 thousand. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. On each of the channels, he has a varying number of followers. The co-founder of Microsoft Corp. has topped the list for 16 of the last 21 years. He is the brother of former Senate Majority Leader Bill Frist, R-Tenn. Other Tennesseans on the Forbes list of the richest people include Nashville's Martha Ingram, whose family made a fortune in book publishing and transportation and is worth $4.1 billion, and FedEx Founder Fred Smith of Memphis, worth $3.9 billion. Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. The Massey. The legacy that Massey left for this town was with Hospital Corporation of America, James C. (Jimmy) Bradford, formerly of J. C. Bradford & Co. recently said. [1][2] He was the first American businessman to take three different companies public. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Jack Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. The home sits on a nearly four-acre estate. Largest shareholder of Ingram Micro, California-based software distributor, though share price remains stuck near the low end of its $10 to $54 historic price range. Belmont enrolls about 800 undergraduate students with a business major and 250 business graduate students, in addition to 1,200 music business majors who take courses at the business college. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. Forbes and business insiders have done a recent study and say that Jack C Massey net worth is more than a couple of million dollars. - Age. The late Jack C. Massey (1904-1990) and his family have collectively been among one of Belmonts biggest benefactors, supporting Belmonts efforts for decades and providing incredible examples for students across campus. The Center will also be home to a new Welcome Center for the University and house its Admissions Team, becoming the Universitys new front door. Three co-founders of Airbnb, the vacation-home rental website, also made the list. These companies operate a total of 2,400 facilities outside of Nashville and employ 310,000 people outside of Nashville and 86,000 inside the city. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. Friends say house is worth $15 million, including antique furnishings. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. He was the one who had the vision for this school, and I wanted to support what he was doing.. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Jack Dempsey /AP Show More Show Less 5 of 33. . Daughter Julie Stadler owns another $46 million of stock outside the trust. Has a son and two daughters: Christian Brownlee Currey, Stephanie Currey Ingram (married to Ingram heir John Ingram) and Frances Currey Briggs. In addition, Massey gifts have endowed Belmonts Chair in Entrepreneurship, leading that program to beamong the best in the nation, as well as the Massey Center for Financial Information, the first financial training lab in Tennessee when it opened in 2005. In fact, determining an estimate for each individual is its own investigative reporting assignment. House appraised at $6.8 million before construction was complete. [1], Massey was an initial investor in the Corrections Corporation of America in the 1980s. Furthermore, Jack Massey Welsh stands tall with a height 5 Feet 7 Inches tall (1.70 m) and his body weight is 65 kg (143 Pounds). The AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. Jack Massey Welsh is a member of YouTube Star Age, Biography and Wiki Net worth: $600 million Some Jack Massey Welsh images About YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 390,000 subscribers. The six-story building will serve multiple functions with the first and second floors designed to welcome campus visitors, prospective students and families while also providing space for the Universitys Career & Professional Development team and GPS office. The following information is provided for citations. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. You have permission to edit this article. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. Remaining 4.2 million Shoneys shares traded for $1.5 million in cash this year after chain was acquired by Lone Star U.S. Acquisitions and U.S. School officials expect construction to begin in May and conclude by fall 2016. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. He was originally known for his Minecraft-centric content. Most of the those on the list were men. Stakes in numerous other companies, including HealthStream and Symbion, a surgery center company that has filed IPO plans and in which Martin has a 7.2% ownership interest. The donationwhich secures the naming rights to a to-be-constructed building designed to foster explorations of data, discovery and designcontinues a longstanding tradition of generous support of Belmont by the Massey family while honoring the legacy of one of the greatest entrepreneurs and businessmen in American history. The school seeks to increase the number of business major undergraduates to 1,200. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. Although there has been a lot of debate over the years about who was the most important of the four founders, there is no question that Massey was the one with the most business experience when HCA was founded in 1968. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. [1][2][4] With John Y. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. While relative fortunes may wax and wane, the core wealth formed by the estates, business empires and dynasties of those on this years list are likely to remain whole. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. Jack C. Massey Jack Carroll Massey (June 15, 1904 - February 15, 1990) was an American venture capitalist and entrepreneur who owned Kentucky Fried Chicken, co-founded the Hospital Corporation of America, and owned one of the largest franchisees of Wendy's. [1] [2] He was the first American businessman to take three different companies public. Shares in those companies worth $22 million. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. Required fields are marked *. In addition to housing offices for Belmonts entrepreneurship and social entrepreneurship programs, the new Jack C. Massey Center is also expected to include dedicated spaces for theKennedy Center for Business Ethics, theCenter for International Businessand theBeasley Institute for Free Enterprise. Structural Info. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. The writer of this article, Bill Carey, the author of Fortunes, Fiddles and Fried Chicken: A Nashville Business History, currently is working on a biography of Jack Massey that is being underwritten by Massey's daughter, Barbara Massey Rogers. Oak Hill home worth roughly $2.3 million. To be honest, it was a really hard way to walk. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. We are committed to: relevant, interactive and experiential academic programs. The Jack C Massey Foundation is a private foundation that is located in Brentwood, TN. The donation will allow the school to upgrade classrooms, floors, office space and technology. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. 2023 www.tennessean.com. Patriarch of the Frist family. His generous contributions are most visible in the form of the Jack C. Massey Business Center on the Belmont University Campus, but he also played a role in Nashvilles cultural life as the first chairman of the Tennessee Performing Arts Center. The Nashville Health Care Council, a Chamber of Commerce-related organization, today estimates that there are 300 health care companies in Nashville that operated on a multi-state level or larger. Massey began his career as a pharmacist and created a surgical supply operation that he sold to the A.S. Aloe Division of the Brunswick Corp. in 1961. March 2, 2015 at 11:49 a.m. Belmont has laid this sure foundation. Forbes said Bill Gates remained the richest person in the world. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. Plans for the building include incorporating technology to help share the Jack C. Massey story to inspire students, guests and future leaders across every potential field of study. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. Although Jack Massey Welsh's actual net worth is not publicly reported, NetWorthSpot sources online video data to make an estimate of $791.31 thousand. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. Stepped down from the board in 2000. Known throughout his business career for backing people, not propositions, Massey believed that wealth could not be measured fully by making money, but through accomplishments. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. Net Worth 2019 The estimated net worth of youtuber is Jack Massey USD$ 50,000. Trump tumbled to No. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. 100th anniversary of the birth of Nashville's most accomplished entrepreneur, Jack C. Massey Graduate School of Business at Belmont University, Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Jack C Massey is a famous person who is known worldwide for his work. 100 years old today the Minecraft-centric channel Jack Sucks at Life, where he holds 5.3 million shares Nashville,... 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