Daughter Julie Stadler owns another $46 million of stock outside the trust. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. Owns and leases most real estate Franklin National Bank utilizes. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. The home sits on a nearly four-acre estate. We are committed to: relevant, interactive and experiential academic programs. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. He does, however, have an estimated net worth of $900,000. Shares in those companies worth $22 million. Through this new building, that legacy will be enhanced even further as his values and entrepreneurial mindset are proactively and intentionally shared as an example to everyone who enters those doors.. 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. Owns a Falcon 20-F, 10-passenger jet. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. And that takes timea lot of time if the objective is to provide a well-researched list of the top 50 or 60 local residents. Three co-founders of Airbnb, the vacation-home rental website, also made the list. Owns a 2,882-acre hunting plantation in rural Warrenton, Ga., roughly 90 miles east of Atlanta, thats on the market for $8.5 million. 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. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. Our College of Business bears his name because he represents an ideal role model for our students. [8] He later married Alyne Queener. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. This document may not be reprinted without the express written permission of Chattanooga Times Free Press, Inc. Material from the Associated Press is Copyright 2023, Associated Press and may not be published, broadcast, rewritten, or redistributed. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. 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. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. 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. Now, his example will be integral to the vision of Belmont University moving forward. Barbara Massey Rogers and the Jack C. Massey Foundation jointly announced today a new $15 million gift to Belmont University, matching the largest single gift in University history. Fortunately for three of our richest and for the local economy, the health care industry continued its strong performance in the midst of listlessness in much of the rest of the economy. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. 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. The foundation does not have any program activities and made $1,509,033 in annual grants last year. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. Also a big Easter Seals supporter. Copyright 2023, Chattanooga Times Free Press, Inc. Belmont has laid this sure foundation. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. Its style and location make it indisputably one of the most desirable houses in all of Nashville. At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. He had topped the list in 2013. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. The building will also incorporate technology to help share the Jack C. Massey story to inspire students, guests and future leaders across every potential field of study. All rights reserved. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. His most important involvement came in the late 1960s with the founding and development of HCA. Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. The house originally featured 58 bedrooms, 33 bathrooms, 12 fireplaces, and three separate bomb shelters. 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. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. Developed Williamson County Shopping Center. Widow of serial entrepreneur Jack Massey, who died in 1989. That equals more than two-thirds the money collected annually from Tennessee taxpayers. Her modeling career was . 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. Massey hired the Nashville law firm Waller Lansden Dortch & Davis, LLP to assist with the company's incorporation and later complete many healthcare mergers and acquisitions for several decades. Massey was born in 1904 in Tennille, Georgia. The following information is provided for citations. Spends much of her time on philanthropic pursuits, especially arts and education. Bulk of Curreys wealth stems from the sizeable stake in American Express he received with its 1967 acquisition of Equitable Securities, a company co-founded by his father some 40 years earlier. . In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. 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). He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. But there were 197 women, up from 172 a year ago. [1][2][4] With John Y. His mother and father were not so much rich. Massey, who died in 1990, is the only American to have taken three. [1] Seven years later he sold the company to Heublein for $239 million. His business expanded into a multi-city wholesale surgical supply operation which he sold to the A.S. Aloe Division of the Brunswick Corporation in 1961. Jack C. Massey, international businessman, was the first person to take three companies to the New York Stock Exchange. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. [1] He also had an adopted son Don who pre-deceased him. Copyright 2020 - 2023 by FamedBorn.com. 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. This closer look reveals some things people already know: everyone is still rich. 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. 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. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. Massey was one of four people who founded HCA the other three being Dr. Thomas Frist Sr. (now deceased); Dr. Thomas Frist Jr. (now chairman of the HCA board); and Henry Hooker (who left HCA in 1969, a year after it was founded). 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. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. In light of the new facility being built and named in his honor, the previously named Jack C. Massey Business Center, facing Wedgewood Avenue, will be renamed the Barbara Massey Rogers Center. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . 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. Earned $1.6 million in salary and bonus from Dollar General in 2001. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. 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