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. 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. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. When was Jack Massey Welsh born? A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. Owns a 2,882-acre hunting plantation in rural Warrenton, Ga., roughly 90 miles east of Atlanta, thats on the market for $8.5 million. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. 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. His business expanded into a multi-city wholesale surgical supply operation which he sold to the A.S. Aloe Division of the Brunswick Corporation in 1961. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. Jack Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. My grandfather loved his family, community, city, nation and Belmont. Functionality and information are in compliance with guidelines established by the American Association for State and Local History for online state and regional encyclopedias. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. Owns a Falcon 20-F, 10-passenger jet. March 2, 2015 at 11:49 a.m. In 1982, Forbes estimated his net worth at $100 million. The house originally featured 58 bedrooms, 33 bathrooms, 12 fireplaces, and three separate bomb shelters. Widow of serial entrepreneur Jack Massey, who died in 1989. You have permission to edit this article. 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. He had topped the list in 2013. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. The co-founder of Microsoft Corp. has topped the list for 16 of the last 21 years. On each of the channels, he has a varying number of followers. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. Barbara Massey Rogers,daughter of Jack C. Massey,said, I am humbled and honored that the new building on the Belmont campus will carry the name, Jack C. Massey. Forbes said Bill Gates remained the richest person in the world. House appraised at $6.8 million before construction was complete. Jack Massey Welsh was born on the 24th of June, 1996. 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. Massey stayed active in business and philanthropy until his death in 1990 donating a large sum of money in 1986 to found the Jack C. Massey School of Business at Belmont University, selling . His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. [1][2] He was the first American businessman to take three different companies public. Peggy Hutton of Fridrich & Clark is handling the potential transaction. Also a big Easter Seals supporter. Massey died in 1990 at his winter home in Palm Beach, Florida. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. 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. 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. Gave $25 million for Frist Center for the Visual Arts and another $5 million to Nashville Zoo. 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. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. Family & Early Life The USA is where Jack C Massey was born. He does, however, have an estimated net worth of $900,000. Masseys birthday is being recognized at the Jack C. Massey Graduate School of Business at Belmont University. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. His first wife, Elizabeth Polak Massey, died in 1968. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. 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. The process of selling the house appears to be very private, which is often the case with homes in that price range. Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. 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.. 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. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont University's biggest benefactors. Three co-founders of Airbnb, the vacation-home rental website, also made the list. 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. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. Forbes pegged his worth at roughly $1.5 billion. 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. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. Along with wife Agneta, owns three other homes in Manhattan, Southhampton and the Wellington area of West Palm Beach. [1][4] He built the store into a pharmacy chain, selling it six years later. 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. 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. The structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. Well more than $100 million in real estate, and I dont owe anybody anything, he says. 2023 www.tennessean.com. 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. Jack Massey Welsh's age is 26. 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. Its style and location make it indisputably one of the most desirable houses in all of Nashville. 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. 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. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. Developed Williamson County Shopping Center. Two other just-completed condos valued at $6.5 million total. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. On board at Vanderbilt Medical Center and a newly named Fisk University trustee, Cal recently donated $5 million to Martin Methodist College. Her modeling career was . In Nashville, Cal and wife Margaret own several Brentwood properties worth about $9.8 million. Our College of Business bears his name because he represents an ideal role model for our students. Barbara Massey Rogers Acceptance Speech on . Jack Massey Bio/Wiki, Net Worth, Married 2018. Hospital Corporation of America co-founded in 1968 by Jack Massey, who two years later acquired control of Maryland Farm property and launched development of the office park. Parking lot czar. 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. 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. "[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. Restaurant Properties. Massey College of Business Dean Dr. Sarah Gardial said, The new Jack C. Massey Center will elevateand celebratethe tremendous influence of Jack Massey as a businessman and as a leader who thought outside the box, conducted himself with the highest character and achieved phenomenal success. He was the instigator, she said. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. 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. Massey resided in Nashville[clarification needed]. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. Stepped down from the board in 2000. [8] He later married Alyne Queener. The latter two properties have a combined market value of $5 million. 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. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. Chairman of venture capital firm Clayton Associates. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. This closer look reveals some things people already know: everyone is still rich. Jack C Massey overall profits are growing every day, and he is also becoming more popular. The home sits on a nearly four-acre estate. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. History for online State and local history for online State and regional encyclopedias most desirable houses in all of.... To take three different companies public School of business bears his name because he represents an ideal model! 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