Plans for the building include incorporating technology to help share the Jack C. Massey story to inspire students, guests and future leaders across every potential field of study. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. This closer look reveals some things people already know: everyone is still rich. In 1982, Forbes estimated his net worth at $100 million. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. 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. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. Our College of Business bears his name because he represents an ideal role model for our students. 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. His most important involvement came in the late 1960s with the founding and development of HCA. Belmont University College of Business Administration, Your California Privacy Rights / Privacy Policy. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. 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 latter two properties have a combined market value of $5 million. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. In 1982, Forbes estimated his net worth at $100 million. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. [1][4] He built the store into a pharmacy chain, selling it six years later. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. DETAILS BELOW Jack Massey Welsh (born June 24, 1996) is famous for being youtuber. 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. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. March 2, 2015 at 11:49 a.m. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. 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. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. 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. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont University's biggest benefactors. 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. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. Contact | Privacy Statement | Terms & Conditions. He would be very excited about the prospect of this great, new building and the future opportunities it will bring to Belmont, she said. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. [1] He also had an adopted son Don who pre-deceased him. 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. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. We are committed to: relevant, interactive and experiential academic programs. Chairman of venture capital firm Clayton Associates. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. Shares in those companies worth $22 million. Her modeling career was . Their combined net worth is, according to Nashville Post estimates, $6.4 billion. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. "[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. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. He currently resides in England, United Kingdom. Save my name, email, and website in this browser for the next time I comment. YouTube content creator named Jack Massey Welsh who is best known for his JackSucksAtLife channel, where he has more than 2.5 million 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. Friends say house is worth $15 million, including antique furnishings. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. Paid $2 million in 1993 for Belle Meade Boulevard home. 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. 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. 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. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. 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. In Nashville, Cal and wife Margaret own several Brentwood properties worth about $9.8 million. June 15, 2022. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. He is best known for being a YouTuber. Jordan had a net worth of $1 billion, the magazine said. The following information is provided for citations. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. 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. Stepped down from the board in 2000. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. 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). With this donation, the Massey Foundation provides the lead gift in a planned $10 million renovation of Belmont's Massey Business Center as well as secures . Net Worth 2019 The estimated net worth of youtuber is Jack Massey USD$ 50,000. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. 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. Since then has donated or pledged at least $160 million to nonprofits. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. With this new gift we will be able to extend that impact even further, inspiring every student, employee and visitor to our campus with the entrepreneurial spirit, moral character and innovative leadership Jack demonstrated with exceptional effectiveness throughout his career. 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. Search Celebrity Forbes said Bill Gates remained the richest person in the world. Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. 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. For more detail on the Frist home, see companion story, The House that Frist Built.. 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. Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. 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. Developed Williamson County Shopping Center. 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. The building has been named in . Most of the those on the list were men. 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 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. His mother and father were not so much rich. 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 . [1][2] He was the first American businessman to take three different companies public. Two other just-completed condos valued at $6.5 million total. 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. Stock recently traded at $22. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. School officials expect construction to begin in May and conclude by fall 2016. Chairman of the board of Vanderbilt University. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. [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. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. As a result, his earnings from the channels are difficult to forecast. Net worth well down from four years ago, when Central Parking stock was priced above $50. 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. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. [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. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. Barbara Massey Rogers and the Jack C. Massey Foundation jointly announced Monday a new $15 million gift to Belmont University, matching the largest single gift in university history. Massey died in 1990 at his winter home in Palm Beach, Florida. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. 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. [1][4] He founded Massey Surgical Supply in 1930. You have permission to edit this article. 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. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. 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. 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. http://tennesseeencyclopedia.net/entries/jack-c-massey/. All rights reserved. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. 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. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. The foundation does not have any program activities and made $1,509,033 in annual grants last year. That commitment includes helping build a nationally recognized business school, now known as the Jack C. Massey College of Business. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. In 2020, Jack was estimated to have a net worth of $1,245,894. . All Rights Reserved. Copyright 2020 - 2023 by FamedBorn.com. Family & Early Life The USA is where Jack C Massey was born. 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. The highest-ranking woman was Christy Walton, the widow of John Walton, a son of the founder of Wal-Mart Stores Inc. She has a net worth of $41.7 billion, according to Forbes. 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.). Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. Although Jack Massey Welsh's actual net worth is not publicly reported, NetWorthSpot sources online video data to make an estimate of $791.31 thousand. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. The Massey. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. 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. Forbes pegged his worth at roughly $1.5 billion. 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. Advertisements. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. The Jack C Massey Foundation is a private foundation that is located in Brentwood, TN. Peggy Hutton of Fridrich & Clark is handling the potential transaction. 2023 www.tennessean.com. 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. His first wife, Elizabeth Polak Massey, died in 1968. The process of selling the house appears to be very private, which is often the case with homes in that price range. 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. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. Online Edition 2002 ~ 2021, The University of Tennessee Press, Knoxville, Tennessee. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. 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). Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. Has a son and two daughters: Christian Brownlee Currey, Stephanie Currey Ingram (married to Ingram heir John Ingram) and Frances Currey Briggs. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. He was originally known for his Minecraft-centric content. Massey was born in 1904 in Tennille, Georgia. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. 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. Widow of serial entrepreneur Jack Massey, who died in 1989. 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. 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. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. 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