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). Widow of serial entrepreneur Jack Massey, who died in 1989. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. The school seeks to increase the number of business major undergraduates to 1,200. Sold it back to them in 1998, reportedly clearing $25 million. However, his most important contribution to Nashville was probably his role in starting HCA. 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. 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. 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. Structural Info. Owns personal plane. Well more than $100 million in real estate, and I dont owe anybody anything, he says. The co-founder of Microsoft Corp. has topped the list for 16 of the last 21 years. Forbes pegged his worth at roughly $1.5 billion. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). 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. 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. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. Peggy Hutton of Fridrich & Clark is handling the potential transaction. 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. Your email address will not be published. All rights reserved. Has a son and two daughters: Christian Brownlee Currey, Stephanie Currey Ingram (married to Ingram heir John Ingram) and Frances Currey Briggs. A new glass-enclosed atrium will be added to the building, and more space will be available for faculty and students to work together. Chairman of the board of Vanderbilt University. 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. 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. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. 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. He currently resides in England, United Kingdom. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. Gifts from Mr. Massey and his family over the years have helped Belmont establish its undergraduate and graduate business programs and built both the Massey Business Centerwhich houses the Jack C. Massey College of Businessand the Massey Performing Arts Center. The home sits on a nearly four-acre estate. Owns and leases most real estate Franklin National Bank utilizes. 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. Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. 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. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. [1] He also had an adopted son Don who pre-deceased him. 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 managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. 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. [1][2][4] With John Y. 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. Jack C. Massey, international businessman, was the first person to take three companies to the New York Stock Exchange. That equals more than two-thirds the money collected annually from Tennessee taxpayers. For more detail on the Frist home, see companion story, The House that Frist Built.. The building has been named in . Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. Hospital management entrepreneur whose biggest fortune so far stems from OrNda HealthCorp. Friends say house is worth $15 million, including antique furnishings. Along with wife Agneta, owns three other homes in Manhattan, Southhampton and the Wellington area of West Palm Beach. 2023 www.tennessean.com. Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. 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. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. 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. In addition to housing offices for Belmonts entrepreneurship and social entrepreneurship programs, the new Jack C. Massey Center is also expected to include dedicated spaces for theKennedy Center for Business Ethics, theCenter for International Businessand theBeasley Institute for Free Enterprise. Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. Stakes in numerous other companies, including HealthStream and Symbion, a surgery center company that has filed IPO plans and in which Martin has a 7.2% ownership interest. Most of the those on the list were men. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Jack Massey Welsh was born on the 24th of June, 1996. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. The past year wasnt an especially enriching one for the citys wealthy. 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. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. All rights reserved. Search Celebrity Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. 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. Patriarch of the Frist family. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. Massey died in 1990 at his winter home in Palm Beach, Florida. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. Family & Early Life The USA is where Jack C Massey was born. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. We will be working on projects for and with community nonprofits, for profits and government organizations, and in fact, those projects are already underway, said Gardial. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. 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. Barbara Massey Rogers and the Jack C. Massey Foundation jointly announced today a new $15 million gift to Belmont University, matching the largest single gift in University history. Forbes said Bill Gates remained the richest person in the world. 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. 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. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. 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. 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. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. [1] He graduated with a degree in pharmacy from the University of Florida. Functionality and information are in compliance with guidelines established by the American Association for State and Local History for online state and regional encyclopedias. Jack Massey Welsh's age is 26. 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. As a result, his earnings from the channels are difficult to forecast. The foundation does not have any program activities and made $1,509,033 in annual grants last year. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. 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. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Massey, who died in 1990, is the only American to have taken three separate companies to the New York Stock Exchange (Hospital Corporation of America, Kentucky Fried Chicken and Winners Corp.). 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. Net worth well down from four years ago, when Central Parking stock was priced above $50. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. 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.. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont University's biggest benefactors. | Updated March 2, 2015 at 11:50 a.m. Three Tennesseans and three Georgians are among the richest billionaires in the world, according to Forbes magazine. . Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. While relative fortunes may wax and wane, the core wealth formed by the estates, business empires and dynasties of those on this years list are likely to remain whole. 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. The building will also incorporate technology to help share the Jack C. Massey story to inspire students, guests and future leaders across every potential field of study. Before becoming an adult star, Gemma Massey was a dental nurse. The legacy that Massey left for this town was with Hospital Corporation of America, James C. (Jimmy) Bradford, formerly of J. C. Bradford & Co. recently said. Copyright 2023, Chattanooga Times Free Press, Inc. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. He is best known for being a YouTuber. 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. 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. A trustee of Vanderbilt University and board member of the Urban Land Institute. Your email address will not be published. Jack C. Massey began his entrepreneurial career as a retail druggist in 1930 after graduating with a degree in pharmacy from the University of Florida. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. His mother and father were not so much rich. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. 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 . 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. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. Forbes and business insiders have done a recent study and say that Jack C Massey net worth is more than a couple of million dollars. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. 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. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. His concentration, dedication, and hard work have assisted him to get this position. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. On each of the channels, he has a varying number of followers. "[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. At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. The Masseys married in 1971. You have permission to edit this article. Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. 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. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. Since then has donated or pledged at least $160 million to. In 1982, Forbes estimated his net worth at $100 million. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. 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. Required fields are marked *. 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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