list of millionaires in tennessee

The median income per household in Tennessee is $52.000. You should explain the value of the donor's contribution. Net worth around $5 Billion. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . If you want to make sure you have the necessary supplies on hand to treat a future breakout, acne patches are the answer. You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. There are more than 130.000 millionaire households in the state of Tennessee. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. R.B. Ted Turner. What To Plant In September In Tennessee? Fred Smith. #8. - Source of wealth: hospitals, Self Made. #8. When it comes to haute accommodations, Hutton Hotel, located in Nashvilles established West End, is one of the citys best-kept secrets for celebrity sightings. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Were proud of our southern stock, no matter the dollar signs, and are proud to be from the ol Rocky Top. 1990, manufactured discounted cigarettes USA Gold, Bull Durham, Bill Haslam Net worth: $2.3 billion (#1,274 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, #6. Forbes said two third of those on the list of richest people are self-made billionaires. Arkansas with the second fewest has 35,286. In doing so, youre agreeing to the below guidelines. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. Billionaires are ranked by net worth as of July 31. However, a few outliers exist in suburban and even rural areas. storytelling. Thomas J. Frist ranks as the wealthiest. This is the City in Tennessee With the Most Billionaires. Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. As a result, billionaires such as Forrest Preston, the Cleveland, Tenn., businessman who started Life Care Centers of . company, United Co., which is based in Bristol, VA. Net worth around $900 Million. 2 on the fewest millionaires list. Owner of Southeastern Asset Management Group, a money management firm. - Residence: Franklin, Tennessee Thats 1.13% of American households. So, the truth of the matter is that when it comes to celebs, most celebrity homes in Nashville are actually in Brentwood or Franklin, TN. Bill Gates, 62, worth $90 . var sc_partition=16; 9. #8. 8. By using this site, you agree to its use of cookies. Nashville, TN. - Residence: Franklin, Tennessee Three billionaires live in Nashville with a combined net worth of $20.7 billion. Forbes lists 9 billionaires in Tennessee. If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. Join the Memphis Business Journal to unlock even more insights! Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. Summerfield K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. - Owner of H.T. - CEO of Pilot Flying J Truckstops. The unemployment rate tries to capture the prospects for more people to become rich. for 2021. He is the brother of former Senate Majority Leader Bill Frist. Frederick Smith, $4.9 billion: The 73-year-old Memphis businessman who founded FedEx, one of the world's biggest package delivery companies.Other Tennesseans on the Forbes 400 list include: Martha Ingram, $4.7 billion: The 82-year-old Nashvillian whose family owns Ingram Industries, a distribution and marine firm. Brad Kelley, $2.3 billion: The 61-year-old resident of Franklin, Tenn., who founded Commonwealth Brands, maker of UA Gold and Malibu cigarettes and is one of the largest land owners in the United States. Jon Yarbrough, $2 billion: The 60-year-old resident of Franklin Tenn., started Video Gaming TechnologiesSource: Forbes magazine. 1.2% (year: 2018) Memphis is well known for its cultural contributions to the identity of the American south and barbequing cuisine. Patricia Barnstable Net worth: $16 million. Average kindergarten and elementary teacher salary: $58,230. Net worth: $5.0 billion (#515 wealthiest in the world), #1. Net worth around $825 #4. CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. The wealth in the area is relatively new too and has luxury car dealers, such as Mini, Porsche, and Audi, to thank for its growth. Tennessee Gov. Warren Buffet. This means that the style of clothing in Nashville is relatively casual, and most people dress in jeans and a nice top when they go out. In Nashville, an STR is defined as any rental property that you rent for less than 30 days. To make the Forbes 400 list this year you had to be worth at least $2 billion. He also likes playing golf and watching sports. - Residence: Chattanooga, Tennessee Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. J.R. Hyde III - Dont buy a teeth whitening gel before reading these reviews. Gandson of founder of Great Western Coco-Cola Bottling Co, based in Rank 19 State Tennessee Number of millionaire households 139,335 Share of millionaire households 5.21% Contents1 What city in Tennessee has the most millionaires?2 What [] 9. He founded Hospital Corp and he is worth at least $13 billion. There are more than 130.000 millionaire households in the state of Tennessee. We then averaged all the rankings for a place into a Rich Score with the place having the lowest overall Rich Score, Nolensville, crowned the Richest City In Tennessee For 2023. Stacker distribution partners receive a license to all Stacker stories, How Can You Avoid Customs Charges from the UK to the US? This means that the house and its assets are worth at least $1 million. We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. Chattanooga, TN. wealthiest people in the state of Tennessee: Thomas The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. - Residence: Memphis, Tennessee Sold company to Coke for $1.4 billion. He currently works as a professor at a local college. Net worth around $600 Million. This is an archived article and the information in the article may be outdated. Willis Johnson. Bill Haslam. Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans view the ultra-richas a group rather than as individualsnegatively. Jimmy Haslam Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. Smith is the founder as well as current CEO of FedEx - we're pretty sure you've heard of it. New Jersey and Connecticut are in two of the top three spots - and of course New York City is home to well over 300,000 millionaires itself. Florida Agricultural And Mechanical University, Indiana University Purdue University Indianapolis, Massachusetts Institute Of Technology (Mit), Missouri University Of Science And Technology, State University Of New York Health Science Center At Brooklyn, Suny College Of Environmental Science And Forestry, The University Of North Carolina At Charlotte, The University Of Texas Health Science Center At Houston, The University Of Texas Health Science Center At San Antonio, The University Of Texas M. D. Anderson Cancer Center, The University Of Texas Medical Branch At Galveston, The University Of Texas Rio Grande Valley, Uniformed Services University Of The Health Sciences, University At Buffalo Suny School Of Engineering And Applied Sciences, University Of California, Los Angeles (Ucla), University Of Illinois At Urbana Champaign, University Of Maryland Baltimore County (Umbc), University Of Massachusetts Medical School Worcester, University Of Tennessee Health Science Center, University Of Texas Southwestern Medical Center. A solid philanthropist and lover of the arts, Ingram took over Ingram Industries after the loss of her husband. Thomas Frist Jr & family Net worth: $15.0 billion (#115 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: hospitals, Self Made. Can You Room With The Opposite Gender In College? How many households are millionaires in Tennessee? Tennessee billionaires you might know Thomas Frist is the richest man in Tennessee. Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking660 people became billionairesglobally, growing the previous years number by 30%. Patricia Barnstable is one of the richest people in Kentucky. A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Tennessee is ranked 42nd on the list of US millionaires. During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. Million. What city in Tennessee has the most millionaires? Join the, Grand Ole Opry. These billionaires prove you can get rich in Tennessee. Grundy CountyGrundy County has been ranked as the poorest county in Tennessee. Nolensville. How many millionaires are in Memphis Tennessee? Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee Google Millionaire List Grows. Needless to say, we are very confident in our work and we are very confident in this list of the top ten richest places in Tennessee for 2023. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_0',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');So, where is Tennessees number one richest place to live? Thomas Frist Jr & family. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Sold company to Coke for $1.4 billion. Million. Home University Of Memphis How Many Millionaires Are In Tennessee? Tim Cook. Bill Haslam remained among the richest in Tennessee with an estimated net worth of $2.6 billion, according to Forbes. And since HomeSnacks is our name and ranking states and places is our game, the only ten we see in Tennessee are The Volunteer States top ten richest places for 2023. - Net worth: $5.0 billion (#515 wealthiest in the world) #1. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. FRANKLIN, TN Williamson County is once again the wealthiest county in Tennessee and among the wealthiest in the nation, according to data released by the United States Census Bureau. Share of millionaire households 1 . The median home value in the state is just above $170.000. For the top 5%, the average income is $335,653. Brad Kelley. #11. Visitors remember Nashville for its flashy aura, which, What Time Does Nashville Sell Beer On Sunday? - Net worth: $21.0 billion (#81 wealthiest in the world). How much does a Comfortable make in Tennessee? Forbes lists 11 billionaires in Tennessee. #5. var sc_security="b0816e13". How Do I Establish Residency In Tennessee? 7. Hotel Management Co. Net worth around $1.2 Goalsontrack Is A Web-based System That Allows You To Set And Track Goals And Sub-goals, Manage Tasks, Build Habits, Keep Goal Journal, Visualize Your Goals With Vision Board, And Keep Your Goals Organized And Motivate You To Make Progress Daily. HomeSnacks is not just your average website. To that end, most Stacker stories are freely available to But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Net worth around $880 Million. thru fast food chain Central Park. - Source of wealth: tobacco, Self Made, #5. - Net worth: $15.0 billion (#115 wealthiest in the world) The 40 Best Locations for Camping in the U.S, 30 Best B&Bs and Hotels Near Shenandoah National Park. Martha Ingram & family Net worth: $3.8 billion (#751 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: book distribution, transportation, #3. Thomas J. Frist ranks as the wealthiest. How many households are millionaires in Tennessee? Hackney Co. based in Knoxville, TN. There are more than 130.000 millionaire households in the state of Tennessee. If your organization is interested in becoming a Stacker 2. Nolensville. Net worth around $800 Million. - Residence: Cleveland, Tennessee 1. Heres what it takes to be considered rich in Nashville In Nashville, youll need to earn $115,609 or more to be considered a rich person in the top 20% of the citys 663,750 residents. For the top 5%, the average income is $335,653. Jeffrey Lorberbaum- Net worth: $1.2 billion (#2,198 wealthiest in the world) This is also under the national average and you are expected to earn less here but at the same time, you also spend less than in states such as Indiana or Missouri. Nashville, Tennessee Incorporated 1806, Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. This makes us the 7th largest city in Tennessee and one of the fastest growing. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. #3. Thomas Frist Jr & family. He also owns almost two million multi-state acres of land. Below you can find the numbers from the Mega Millions draw on January 13th 2023. Net worth around $800 Million. As mentioned before, Nashville is a city known for its music. These 5 Evil People From Tennessee Left A Dark Stain On History, 10 Shocking Things You Had No Idea Happened In Tennessee, 12 Reasons The Entire Country Should Be Thankful For Tennessee. These are the five winning numbers and Mega Ball that you need to match to win a prize for the draw on January 13th. What Is There To Do In Nashville On Christmas 2021? as well as image rights, data visualizations, forward planning tools, How many millionaires live in Nashville TN? Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Last year, Forbes' list had 1,426 billionaires. Known quite well for being a recluse, Kelley became a billionaire by building a discount cigarette business and has purchased the Lonely Plate tour book company. based in Knoxville, TN. Meanwhile, Maryland walks away with the title of most millionaires per capita. - Source of wealth: gas stations, retail, #1. Net worth around $500 Million. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. Facebook founder Mark Zuckerberg is the fifth richest person in the world, with a net worth of $71 billion. 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