He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. 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. Jack C Massey overall profits are growing every day, and he is also becoming more popular. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. 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. 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. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 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.. [1][2][4] With John Y. Im not sure there would be a Belmont without Jack Massey, Belmont University President Bob Fisher said Thursday at a reception honoring Massey and the most recent donation. Also a big Easter Seals supporter. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. 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.. 2023 www.tennessean.com. All rights reserved. His mother and father were not so much rich. The building will be a part of the Massey legacy which our family will treasure for generations to come., Belmont President Dr. Greg Jones added, Belmonts late Chancellor Herbert C. Gabhart forged a friendship with Jack Massey 60 years ago that resulted in the Massey family becoming tremendous partners to Belmont, dramatically advancing the trajectory of this campus and influencing the lives of thousands of students. All Rights Reserved. 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. On board at Vanderbilt Medical Center and a newly named Fisk University trustee, Cal recently donated $5 million to Martin Methodist College. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . [1] He also had an adopted son Don who pre-deceased him. Thats whats going to happen in this building, and I think Jack would be so proud of that.. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. 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. Copyright 2023, Chattanooga Times Free Press, Inc. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. Barbara Massey Rogers Acceptance Speech on . Net worth well down from four years ago, when Central Parking stock was priced above $50. He would be very excited about the prospect of this great, new building and the future opportunities it will bring to Belmont, she said. 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. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. 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. 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 structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. That commitment includes helping build a nationally recognized business school, now known as the Jack C. Massey College of Business. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. [1][4] He built the store into a pharmacy chain, selling it six years later. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. The Massey. [1][4] He founded Massey Surgical Supply in 1930. He is 26 years old as of June 2022. In Nashville, Cal and wife Margaret own several Brentwood properties worth about $9.8 million. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. 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 latter two properties have a combined market value of $5 million. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. 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. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. Gave $25 million for Frist Center for the Visual Arts and another $5 million to Nashville Zoo. 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. 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. "[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. Since then has donated or pledged at least $160 million to nonprofits. All rights reserved. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. Chief Executive of Dollar General since 77 and chairman since 89. Ingram Micro shares have risen slightly in price in the meantime. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. For people like Inman, much of whose wealth is tied up in publicly traded stocks and real estate, its not too difficult to gain a reasonable approximation of net worth using publicly available documents. But there were 197 women, up from 172 a year ago. 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. He was the first American businessman to take three different companies public. Required fields are marked *. Earned $1.6 million in salary and bonus from Dollar General in 2001. In 1968, Massey challenged the community to build a business school at Belmont that served Nashville. Dean of Belmonts College of Business Dr. Sarah Gardial said the new building is the quintessential piece of his influence on Belmonts campus. The first person in history to take three unrelated companies to the New York Stock Exchange, Massey's gifts helped Belmont establish its undergraduate and graduate business programs and built both the Massey 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. 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . 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. March 2, 2015 at 11:49 a.m. Structural Info. A trustee of Vanderbilt University and board member of the Urban Land Institute. We are having cake in front of his bust to acknowledge his birthday and how much he meant to the school, said Cindy Painter, director of external relations for the school. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. School officials expect construction to begin in May and conclude by fall 2016. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. For more detail on the Frist home, see companion story, The House that Frist Built.. Says all his money tied up in Franklin Financial or real estate. Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. 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 was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. 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. Your email address will not be published. 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. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself The following information is provided for citations. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. 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. Belmont has laid this sure foundation. 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. Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. 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. 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. Daughter Julie Stadler owns another $46 million of stock outside the trust. Same number of shares were valued at $ 1.1 billion in April 2001, before accounting irregularities company. Of Dollar General since 77 and chairman since 89 latter two properties have a combined market value of 1,399,881... Up to support Belmont at a critical juncture in the life of this institution more than five ago! Sold it to a division of the McWhorter school of Pharmacy at University! Whats going to happen in this building, and I think Jack would be proud! 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