His net worth rose to $79.2 billion in 2015 from $76 billion last year. At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. 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. 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.). We are committed to: relevant, interactive and experiential academic programs. Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. Online Edition 2002 ~ 2021, The University of Tennessee Press, Knoxville, Tennessee. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. My grandfather loved his family, community, city, nation and Belmont. [1][4] He founded Massey Surgical Supply in 1930. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. Jack Massey Bio/Wiki, Net Worth, Married 2018. He was originally known for his Minecraft-centric content. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. You have permission to edit this article. [8] He later married Alyne Queener. He had topped the list in 2013. Most of the those on the list were men. Owns, along with his children, several downtown parcels of land on Second and Third avenues that he leases to Central Parking to operateat an annual rent of $350,000. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. He currently resides in England, United Kingdom. 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. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. 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. Ingram Micro shares have risen slightly in price in the meantime. That commitment includes helping build a nationally recognized business school, now known as the Jack C. Massey College of Business. 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. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. 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. 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. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. Jack C Massey overall profits are growing every day, and he is also becoming more popular. The following information is provided for citations. Family & Early Life The USA is where Jack C Massey was born. 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. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. 2023 www.tennessean.com. A trustee of Vanderbilt University and board member of the Urban Land Institute. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. 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. He was the first American businessman to take three different companies public. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. The Jack C Massey Foundation is a private foundation that is located in Brentwood, TN. A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. The building has been named in . Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. 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). School officials expect construction to begin in May and conclude by fall 2016. Chairman of the board of Vanderbilt University. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. 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). Our College of Business bears his name because he represents an ideal role model for our students. Search Celebrity Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. [3] He was the owner of "403 feet of oceanfront property directly in front of Mar-a-Lago" in Palm Beach, Florida, which Donald Trump purchased for $2 million. Jack Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. | 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. 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. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. [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. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. 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). Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. Two other just-completed condos valued at $6.5 million total. Belmont University College of Business Administration, Your California Privacy Rights / Privacy Policy. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. 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 . 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. 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. A family partnership involving Cal paid more than $2.7 million in 98 to acquire an additional 210 acres in Williamson County. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. 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. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Massey, who died in 1990, is the only American to have taken three. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Forbes pegged his worth at roughly $1.5 billion. 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. As a result, his earnings from the channels are difficult to forecast. 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