http://tennesseeencyclopedia.net/entries/jack-c-massey/. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. 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. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. Spends much of her time on philanthropic pursuits, especially arts and education. 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. . [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. The school seeks to increase the number of business major undergraduates to 1,200. 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. 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.). For more on Martha Ingram, see companion story, An Enrich List Charter Member.. For more details, see companion story, Money in the Bank.. 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. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. [8] He later married Alyne Queener. All Rights Reserved. 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. 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. 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 . Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. Shares in those companies worth $22 million. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. 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. 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. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. The new facility, to be named the Jack C. Massey Center, will be located on 15thAvenue and will be home to the Universitys Admissions Welcome Center, the recently launchedBelmont Data Collaborativeand theCone Center for Entrepreneurship, among other entities. We are committed to: relevant, interactive and experiential academic programs. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. The past year wasnt an especially enriching one for the citys wealthy. Earned $1.6 million in salary and bonus from Dollar General in 2001. Oak Hill home worth roughly $2.3 million. 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. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. 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. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. That equals more than two-thirds the money collected annually from Tennessee taxpayers. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. 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. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. All rights reserved. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. Furthermore, Jack Massey Welsh stands tall with a height 5 Feet 7 Inches tall (1.70 m) and his body weight is 65 kg (143 Pounds). Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Chairman of venture capital firm Clayton Associates. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. Known throughout his business career for backing people, not propositions, Massey believed that wealth could not be measured fully by making money, but through accomplishments. Before becoming an adult star, Gemma Massey was a dental nurse. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. 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. It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. Belmont has laid this sure foundation. Three co-founders of Airbnb, the vacation-home rental website, also made the list. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. Contact | Privacy Statement | Terms & Conditions. The co-founder of Microsoft Corp. has topped the list for 16 of the last 21 years. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. 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. Functionality and information are in compliance with guidelines established by the American Association for State and Local History for online state and regional encyclopedias. 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. House appraised at $6.8 million before construction was complete. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. 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. 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. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. The process of selling the house appears to be very private, which is often the case with homes in that price range. Jack C. Massey Wiki & Bio With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. Transformative innovation spacesincludingthe Belmont Data Collaborative,the Cone Center for Entrepreneurship and other business/design functionsas well as state-of-the-art collaboration workspacesfor students and facultywill occupy the upper two floors,welcoming people to come together with the goal of solving complex problems. Jack Dempsey /AP Show More Show Less 5 of 33. . Belmont University College of Business Administration, Your California Privacy Rights / Privacy Policy. [1], Massey transformed Winners Corporation, one of the largest franchisees of Wendy's hamburger outlets into a major fast-food franchise operation. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. The following information is provided for citations. 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. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. He had topped the list in 2013. Before Fame You have permission to edit this article. Peggy Hutton of Fridrich & Clark is handling the potential transaction. 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 . Since then has donated or pledged at least $160 million to nonprofits. The AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. He was head of the Winners Corporation when it secured a place on the Exchange in 1984, having previously served as chairman when Kentucky Fried Chicken Corporation and Hospital Corporation of America (HCA) were listed in 1969 and 1970, respectively. He was the one who had the vision for this school, and I wanted to support what he was doing.. School officials expect construction to begin in May and conclude by fall 2016. 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.. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. There is no question that HCA was and is Nashvilles most important health care company; dozens of other healthcare companies in Nashville were founded by people who had previously worked at HCA. The late Jack C. Massey (1904-1990) and his family have collectively been among one of Belmonts biggest benefactors, supporting Belmonts efforts for decades and providing incredible examples for students across campus. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Jack Massey Welsh is a member of YouTube Star Age, Biography and Wiki Net worth: $600 million Some Jack Massey Welsh images About YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 390,000 subscribers. Parking lot czar. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Also a big Easter Seals supporter. When was Jack Massey Welsh born? Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. State-of-the-art collaboration workshops will provide spaces for students, faculty and staff to come together with the goal of using their business skills and expertise to solve complex problems. My grandfather loved his family, community, city, nation and Belmont. Net Worth 2019 The estimated net worth of youtuber is Jack Massey USD$ 50,000. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. And one member of the Top Ten, Gordon Inman, saw his net worth soar on the back of Franklin Financial Corp.s rocketing share price. 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.. Search Celebrity Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. 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. 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. Online Edition 2002 ~ 2021, The University of Tennessee Press, Knoxville, Tennessee. The Masseys married in 1971. Sold it back to them in 1998, reportedly clearing $25 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. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. Stock recently traded at $22. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. Before Fame. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. Jordan had a net worth of $1 billion, the magazine said. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. Husband made first money with Massey Surgical Supply and drugstores, using $2 million of proceeds from those businesses to acquire a 60% stake in Kentucky Fried Chicken in early 1960s. Since then has donated or pledged at least $160 million to. 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. Says all his money tied up in Franklin Financial or real estate. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. 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. 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. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. Jack Massey Welsh's age is 26. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. The donation will allow the school to upgrade classrooms, floors, office space and technology. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. He was the instigator, she said. 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. Required fields are marked *. Owns a Falcon 20-F, 10-passenger jet. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. All rights reserved. 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. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. 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. The structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. Jack C Massey overall profits are growing every day, and he is also becoming more popular. Now people from all walks of life have started evaluating his merits. Jack Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. 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. 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