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. There is no question that HCA was and is Nashvilles most important health care company; dozens of other healthcare companies in Nashville were founded by people who had previously worked at HCA. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. Shares in those companies worth $22 million. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. A trustee of Vanderbilt University and board member of the Urban Land Institute. All rights reserved. Since then has donated or pledged at least $160 million to. 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. [1][4] He founded Massey Surgical Supply in 1930. 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. 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 co-founder of Microsoft Corp. has topped the list for 16 of the last 21 years. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. Additional properties include a $2.4 million home at Center Hill Lake and a 5,000-square-foot condo in Beaver Creek, Colo., valued at $2.9 million. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. 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.. Your email address will not be published. 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. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. 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. [1] He had a daughter, Barbara Massey Rogers and three grandchildren. 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. 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. He was head of the Winners Corporation when it secured a place on the Exchange in 1984, having previously served as chairman when Kentucky Fried Chicken Corporation and Hospital Corporation of America (HCA) were listed in 1969 and 1970, respectively. Trump tumbled to No. Alyne Masseys finances managed by Frank Bumstead. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. 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. 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. 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. 2023 www.tennessean.com. Massey, who died in 1990, is the only American to have taken three. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. 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). 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. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. The Massey Business Center, located on Wedgewood Avenue, will undergo a $10 million renovation next year that will expand the buildings size and allow for greater enrollment. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Her modeling career was . Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. 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. In Nashville, Cal and wife Margaret own several Brentwood properties worth about $9.8 million. 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. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. The Masseys married in 1971. The foundation does not have any program activities and made $1,509,033 in annual grants last year. 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. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. Copyright 2023, Chattanooga Times Free Press, Inc. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. Advertisements. [1] He graduated with a degree in pharmacy from the University of Florida. [1], Massey transformed Winners Corporation, one of the largest franchisees of Wendy's hamburger outlets into a major fast-food franchise operation. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. [1] Seven years later he sold the company to Heublein for $239 million. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. Sold it back to them in 1998, reportedly clearing $25 million. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. 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. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. The house originally featured 58 bedrooms, 33 bathrooms, 12 fireplaces, and three separate bomb shelters. And one member of the Top Ten, Gordon Inman, saw his net worth soar on the back of Franklin Financial Corp.s rocketing share price. The six-story building on 15th Avenue will house a variety of University teamsincluding the Belmont Data Collaborative, the Transformational Innovation Hub and the Cone Center for Entrepreneurshipall highlighting key aspects of Mr. Masseys approach to business. Since then has donated or pledged at least $160 million to nonprofits. The Massey. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. Jordan had a net worth of $1 billion, the magazine said. 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, 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. Massey, who died in 1990, is the only American to have taken three separate companies to the New York Stock Exchange (Hospital Corporation of America, Kentucky Fried Chicken and Winners Corp.). Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. You have permission to edit this article. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. Net gain from sale of non-inventory assets: $0-100%: Gross sales of inventory: $0: $0-Miscellaneous revenues: $0: $0-Total revenues: $1,107,784: $1,144,219 . "[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. Patriarch of the Frist family. 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. 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. 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. He does, however, have an estimated net worth of $900,000. Now, his example will be integral to the vision of Belmont University moving forward. Basketball legend Michael Jordan joined the list for the first time this year, thanks to his ownership in basketball team Charlotte Hornets and payouts form his Nike brand. 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. Native of Columbia, Tenn., where she and sister Elizabeth Queener own the familys 230-acre farm that has been in the Queener family for six generations. 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. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. Chairman of venture capital firm Clayton Associates. 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.. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. The mission of the Jack C. Massey College of Business Administration is to be an innovative learning community that educates entrepreneurial, ethical and socially responsible future business leaders for the dynamic global economy. Owns and leases most real estate Franklin National Bank utilizes. [8] He later married Alyne Queener. Generated wealth through large stake in Shoneys Inc., a business he entered in 1959 in Madison and expanded into Lees Famous Recipe Chicken, Mike Rose Foods, Captain Ds, Pargos and Shoneys Inns. [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. 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. Owns personal plane. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. Restaurant Properties. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. 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. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. You have permission to edit this article. Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. Contact | Privacy Statement | Terms & Conditions. 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. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. 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. Jack Massey Bio/Wiki, Net Worth, Married 2018. 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. 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. Has a son and two daughters: Christian Brownlee Currey, Stephanie Currey Ingram (married to Ingram heir John Ingram) and Frances Currey Briggs. The. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. He currently resides in England, United Kingdom. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. The building has been named in . 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. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. 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. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. The new facility, to be named the Jack C. Massey Center, will be located on 15thAvenue and will be home to the Universitys Admissions Welcome Center, the recently launchedBelmont Data Collaborativeand theCone Center for Entrepreneurship, among other entities. Ingram Micro shares have risen slightly in price in the meantime. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. In 2020, Jack was estimated to have a net worth of $1,245,894. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. The past year wasnt an especially enriching one for the citys wealthy. Jack Massey Welsh has an estimated net worth of about $791.31 thousand. However, his most important contribution to Nashville was probably his role in starting HCA. He was also the principal who purchased Kentucky Fried Chicken Corporation from Colonel Sanders and directed its growth to one of the worlds largest commercial marketers of prepared foods before selling the company to Hueblein, Inc. Jack C. Massey was inducted into the Global Business Hall of Fame in 1987, and was a member of the inaugural class of the Tennessee Health Care Hall of Fame. Developed Williamson County Shopping Center. - Age. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. Says all his money tied up in Franklin Financial or real estate. Massey resided in Nashville[clarification needed]. Three co-founders of Airbnb, the vacation-home rental website, also made the list. Jack Massey Welsh was born on the 24th of June, 1996. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. State-of-the-art collaboration workshops will provide spaces for students, faculty and staff to come together with the goal of using their business skills and expertise to solve complex problems. 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