jack c massey net worth
Owns and leases most real estate Franklin National Bank utilizes. 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. 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. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. To be one of the richest people on Earth, he had to do all these things in his life. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. Structural Info. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. 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.). Has a son and two daughters: Christian Brownlee Currey, Stephanie Currey Ingram (married to Ingram heir John Ingram) and Frances Currey Briggs. All Rights Reserved. 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. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. Net worth well down from four years ago, when Central Parking stock was priced above $50. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. Massey died in 1990 at his winter home in Palm Beach, Florida. 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. The Jack C Massey Foundation is a private foundation that is located in Brentwood, TN. Rendering courtesy of Belmont University. All rights reserved. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. The Masseys married in 1971. Massey was born in 1904 in Tennille, Georgia. He does, however, have an estimated net worth of $900,000. Also instrumental in the formation of the new John Paul II Catholic High School in Hendersonville. His net worth rose to $79.2 billion in 2015 from $76 billion last year. 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. At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. Jack Massey Welsh's age is 26. 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. When was Jack Massey Welsh born? Shares in those companies worth $22 million. 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. 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. 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. 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. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. He was the one who had the vision for this school, and I wanted to support what he was doing.. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Jack C Massey is a famous person who is known worldwide for his work. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. 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.. Before Fame Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. A family partnership involving Cal paid more than $2.7 million in 98 to acquire an additional 210 acres in Williamson County. 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. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. 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. When I look at the building, I see not only the front door to the campus for our students and parents, but for the community to come in and partner with the Belmont community at the business school, and more broadly, to make this a more flourishing community. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. 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. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. 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 Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. Massey, who died in 1990, is the only American to have taken three. The latter two properties have a combined market value of $5 million. [8] He later married Alyne Queener. Patriarch of the Frist family. He is 26 years old as of June 2022. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. 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. The school seeks to increase the number of business major undergraduates to 1,200. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. 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. 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. Belmont University College of Business Administration, Your California Privacy Rights / Privacy Policy. 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. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. Says all his money tied up in Franklin Financial or real estate. Jack C. Massey, international businessman, was the first person to take three companies to the New York Stock Exchange. 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. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. Daughter Julie Stadler owns another $46 million of stock outside the trust. 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. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. The Nashville Health Care Council, a Chamber of Commerce-related organization, today estimates that there are 300 health care companies in Nashville that operated on a multi-state level or larger. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. Copyright 2020 - 2023 by FamedBorn.com. 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. 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