He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. 2023 www.tennessean.com. On each of the channels, he has a varying number of followers. With this donation, the Massey Foundation provides the lead gift in a planned $10 million renovation of Belmont's Massey Business Center as well as secures . 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. 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. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. Trump tumbled to No. 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. [3], Massey was a member of the Belle Meade Country Club in Belle Meade, Tennessee; the Everglades Club and the Bath and Tennis Club in Palm Beach, Florida; the Bathing Corporation and the Meadow Club in Southampton, New York; and the Links Club in New York City. When was Jack Massey Welsh born? Owns at least eight cars, minimum value $530,000: a 2000 Ferrari, 2001 Porsche, 2002 Mercedes Sedan, 2003 Mercedes convertible, a 2001 Lexus 470, 2002 and 1992 Ford pickups. 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. 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. | Updated March 2, 2015 at 11:50 a.m. Three Tennesseans and three Georgians are among the richest billionaires in the world, according to Forbes magazine. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. However, his most important contribution to Nashville was probably his role in starting HCA. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Advertisements. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. High level tennis player, serves as a trustee of the U.S. Equestrian Team when not watching over his investments or planning his next major charitable gift. 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. 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. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. 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. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. Belmont has laid this sure foundation. 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). All rights reserved. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. NashvillePost.com has learned that Alyne Queener Massey, widow of the late business icon Jack Massey, has begun the process of selling her house at the intersection of Tyne Boulevard and Belle Meade Boulevard, across the street from the Belle Meade Country Club. Massey was a co-founder of the Hospital Corporation of America (now known as HCA Healthcare) and served as Chairman of the Board, Chief Executive Officer, Chairman of the Executive Committee and a member of the Board of Directors. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. Jack Massey Bio/Wiki, Net Worth, Married 2018. In fact, determining an estimate for each individual is its own investigative reporting assignment. Paid $2 million in 1993 for Belle Meade Boulevard home. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). Widow of serial entrepreneur Jack Massey, who died in 1989. Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. 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. 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 gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. Well more than $100 million in real estate, and I dont owe anybody anything, he says. Jack Massey Welsh was born on the 24th of June, 1996. Alyne Masseys finances managed by Frank Bumstead. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. 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. Hospital management entrepreneur whose biggest fortune so far stems from OrNda HealthCorp. 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. You have permission to edit this article. 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. Search Celebrity Sold it back to them in 1998, reportedly clearing $25 million. Someone knowledgeable of the Belle Meade real estate market suggested to NashvillePost.com that an asking price of as much as $7.5 million would not be out of the question. Save my name, email, and website in this browser for the next time I comment. At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. 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. For more detail on the Frist home, see companion story, The House that Frist Built.. We are committed to: relevant, interactive and experiential academic programs. The donation will allow the school to upgrade classrooms, floors, office space and technology. He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. Thats whats going to happen in this building, and I think Jack would be so proud of that.. His most important involvement came in the late 1960s with the founding and development of HCA. 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. Forbes pegged his worth at roughly $1.5 billion. 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. 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. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. 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. 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. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. 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. Net worth well down from four years ago, when Central Parking stock was priced above $50. A lifelong entrepreneur and businessman, savvy investor and devoted philanthropist, Jack C. Massey is an inaugural inductee of the Tennessee Health Care Hall of Fame. 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. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. Three co-founders of Airbnb, the vacation-home rental website, also made the list. Owns personal plane. 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. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. He was the instigator, she said. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. 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). Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. 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. Her modeling career was . House appraised at $6.8 million before construction was complete. The following information is provided for citations. Jack C. Massey Wiki & Bio 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. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. 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. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. 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. Recently moved into new 22,609-square-foot home on 47.5 acres of Alvin Beamans former farm on Hidden River Lane in Franklin, next to Alan Jackson. It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. A family partnership involving Cal paid more than $2.7 million in 98 to acquire an additional 210 acres in Williamson County. You dont necessarily hear about them but theres a hell of a lot of them around here, and thats made all the difference in the world.. 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. He is 26 years old as of June 2022. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. Before Fame The house originally featured 58 bedrooms, 33 bathrooms, 12 fireplaces, and three separate bomb shelters. 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