jack c massey net worth

To be one of the richest people on Earth, he had to do all these things in his life. 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 bought Kentucky Fried Chicken Corp., co-founded Hospital Corporation of America and later founded Winners Corp. Barbara Massey Rogers, Masseys daughter, said the donation was made as a way to continue the work her father began at Belmont. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. Also a big Easter Seals supporter. You have permission to edit this article. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. The Massey family prays that all who walk through this building continue to be living stones, pointing others to the grace of Jesus.. 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. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. For more detail on the Frist home, see companion story, The House that Frist Built.. Owns personal plane. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. In Georgia, the richest people include two media billionaires, Anne Cox Chambers worth $17 billion and Jim Kennedy worth $8.5 billion, and Home Depot Founder Bernard Marcus, worth $3.8 billion. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. The Massey. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Friends say house is worth $15 million, including antique furnishings. Net Worth 2019 The estimated net worth of youtuber is Jack Massey USD$ 50,000. All rights reserved. The process of selling the house appears to be very private, which is often the case with homes in that price range. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself 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. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. Our College of Business bears his name because he represents an ideal role model for our students. Masseys widow, Jack, was the first entrepreneur to take three companies public on the New York Stock Exchange (Kentucky Fried Chicken, HCA and Winners Corp.). Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. We will be working on projects for and with community nonprofits, for profits and government organizations, and in fact, those projects are already underway, said Gardial. Jack Massey net worth is $12 Million Jack Massey Wiki: Salary, Married, Wedding, Spouse, Family Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. 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. He is best known for being a YouTuber. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. Belmont University hosted a Topping Out ceremony on June 14 that involved putting the last beam in place on a significant campus construction projectthe Jack C. Massey Center estimated to be complete by fall 2023. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Hospital management entrepreneur whose biggest fortune so far stems from OrNda HealthCorp. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. 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. Save my name, email, and website in this browser for the next time I comment. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. 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. Sold it back to them in 1998, reportedly clearing $25 million. 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. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. Trump tumbled to No. In fact, it was largely under Masseys influence that Belmont has such a business program; he and several of his family members made donations that made the school possible. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. The foundation does not have any program activities and made $1,509,033 in annual grants last year. Shares in those companies worth $22 million. 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. Began as a pharmacist in 1955, but accumulated his wealth at HCA, where he started out as a hospital administrator and eventually was named CEO in 1985. 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. The building has been named in . Copyright 2020 - 2023 by FamedBorn.com. A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. The first person in history to take three unrelated companies to the New York Stock Exchange, Masseys gifts helped Belmont establish its undergraduate and graduate business programs and built both the Massey Business Center, which houses the Jack C. Massey College of Business, and the Massey Performing Arts Center. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. 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. 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. anthony apocalypse costume; mark dellagrotte record; shohreh aghdashloo ever after; wendy's employment verification; is it haram to wear shorts to sleep His concentration, dedication, and hard work have assisted him to get this position. For more details, see companion story, Money in the Bank.. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. You have permission to edit this article. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. 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. But fortunes are changingeven the large onesand given the extent to which these fortunes shape the lives of those of us unlikely to ever be on such a list, they merit close scrutiny. [1][4] He built the store into a pharmacy chain, selling it six years later. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. 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. A trustee of Vanderbilt University and board member of the Urban Land Institute. Gifts from Mr. Massey and his family over the years have helped Belmont establish its undergraduate and graduate business programs and built both the Massey Business Centerwhich houses the Jack C. Massey College of Businessand the Massey Performing Arts Center. A family partnership involving Cal paid more than $2.7 million in 98 to acquire an additional 210 acres in Williamson County. [1][4] He founded Massey Surgical Supply in 1930. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. My grandfather loved his family, community, city, nation and Belmont. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. The world's youngest billionaire was 24-year-old Evan Spiegel, the CEO and co-founder of mobile messaging company Snapchat, with a net worth of $1.5 billion. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. He was the one who had the vision for this school, and I wanted to support what he was doing.. Now, his example will be integral to the vision of Belmont University moving forward. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. Ingram investment unit managed by son-in-law Richard Patton, overseeing stakes in numerous companies, including 12.3% position in The Krystal Co. of Chattanooga. Patriarch of the Frist family. He was the original president of Nashvilles Baptist Hospital (from 1948 until 1960); founded the venture capital company Massey-Burch Capital Corp. along with his much younger partner Lucius Burch III; and was one of the chief owners of Nashville City Bank, which was taken over by Dominion Bankshares of Roanoke, Va., in 1986. Paid $2 million in 1993 for Belle Meade Boulevard home. 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. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. Family & Early Life The USA is where Jack C Massey was born. Belmont University hosted a Topping Out ceremony on June 14 that involved putting the last beam in place on a significant campus construction projectthe Jack C. Massey Center estimated to be complete by fall 2023. We are committed to: relevant, interactive and experiential academic programs. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. 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. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. When I look at the building, I see not only the front door to the campus for our students and parents, but for the community to come in and partner with the Belmont community at the business school, and more broadly, to make this a more flourishing community. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. The school seeks to increase the number of business major undergraduates to 1,200. School officials expect construction to begin in May and conclude by fall 2016. Massey stayed active in business and philanthropy until his death in 1990 donating a large sum of money in 1986 to found the Jack C. Massey School of Business at Belmont University, selling . Copyright 2023, Chattanooga Times Free Press, Inc. Jack Massey Welsh was born on the 24th of June, 1996. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. Husband made first money with Massey Surgical Supply and drugstores, using $2 million of proceeds from those businesses to acquire a 60% stake in Kentucky Fried Chicken in early 1960s. 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. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. 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. All Rights Reserved. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. Two other just-completed condos valued at $6.5 million total. 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. Hospital Corporation of America co-founded in 1968 by Jack Massey, who two years later acquired control of Maryland Farm property and launched development of the office park. Since then has donated or pledged at least $160 million to. His most important involvement came in the late 1960s with the founding and development of HCA. Before Fame "[3], Last edited on 16 February 2023, at 21:36, Cheekwood Botanical Garden and Museum of Art, Jack C. Massey, an Entrepreneur In Hospitals and Food, Dies at 85, "The HCA effect: How the hospital giant helped Nashville grow with it", https://en.wikipedia.org/w/index.php?title=Jack_C._Massey&oldid=1139781686, This page was last edited on 16 February 2023, at 21:36. 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. Advertisements. Ingram Micro shares have risen slightly in price in the meantime. 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. Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. 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. All Rights Reserved. A former IBM board member of 11 years, Frist numbered 293 on Forbes magazines listing of the 400 Richest People in the World in 2002. I am grateful to Barbara, the Massey Foundation and the entire family for their vision and generosity in bringing this new facility to life.. 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. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. 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. That equals more than two-thirds the money collected annually from Tennessee taxpayers. . With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. Jack C. Massey, Net Worth, Biography, Place of Birth, Date of Birth, Age, Family, Facts and More in FamedBorn.com, English singer-songwriter, rapper and actor, Way to Find Birth on Today - Celebrity birthdays. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. 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. Along with wife Agneta, owns three other homes in Manhattan, Southhampton and the Wellington area of West Palm Beach. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. Since then has donated or pledged at least $160 million to nonprofits. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Before Fame. The. 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. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. Jack Massey Bio/Wiki, Net Worth, Married 2018. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. Jack C. Massey began his entrepreneurial career as a retail druggist in 1930 after graduating with a degree in pharmacy from the University of Florida. Jack Dempsey /AP Show More Show Less 5 of 33. . Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. , arguably the most remarkable businessman in Nashville history, would have been 100 years old today the next I. Or pledged at least $ 160 million to nonprofits Oracle Corp., Jesus... To foster explorations of data as co-trustees of Turner Children Trusts 31.6 shares. Located on floors three and four estimates, $ 6.4 billion Money in the meantime Financial Information 160 to... Ingram Entertainment and newly acquired Memphis beer distributor, not included antique furnishings Dempsey /AP Show more Show 5... Just-Completed condos valued at $ 6.5 million total Massey family also have endowed Belmonts Chair in Entrepreneurship the... & Richey Co., built and owns the Bank Palm Beach chapters Planned. 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