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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. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. 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. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. Although there has been a lot of debate over the years about who was the most important of the four founders, there is no question that Massey was the one with the most business experience when HCA was founded in 1968. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. Oak Hill home worth roughly $2.3 million. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. 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 . Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. - Age. He currently resides in England, United Kingdom. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. You have permission to edit this article. 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. 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. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. 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. The process of selling the house appears to be very private, which is often the case with homes in that price range. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. 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. [1], Massey transformed Winners Corporation, one of the largest franchisees of Wendy's hamburger outlets into a major fast-food franchise operation. The latter two properties have a combined market value of $5 million. 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. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. 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. Sold it back to them in 1998, reportedly clearing $25 million. 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. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. In 2020, Jack was estimated to have a net worth of $1,245,894. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. House appraised at $6.8 million before construction was complete. 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). YouTube content creator named Jack Massey Welsh who is best known for his JackSucksAtLife channel, where he has more than 2.5 million subscribers. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. Additional properties include a $2.4 million home at Center Hill Lake and a 5,000-square-foot condo in Beaver Creek, Colo., valued at $2.9 million. Barbara Massey Rogers and the Jack C. Massey Foundation jointly announced Monday a new $15 million gift to Belmont University, matching the largest single gift in university history. Now people from all walks of life have started evaluating his merits. All rights reserved. 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. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. The Massey family prays that all who walk through this building continue to be living stones, pointing others to the grace of Jesus.. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. Your email address will not be published. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont University's biggest benefactors. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. 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. 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. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. 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. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. 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. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Jack Massey Welsh was born on the 24th of June, 1996. Rendering courtesy of Belmont University. 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. He would be very excited about the prospect of this great, new building and the future opportunities it will bring to Belmont, she said. | 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. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. Daughter Julie Stadler owns another $46 million of stock outside the trust. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. On each of the channels, he has a varying number of followers. Her modeling career was . Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. Jack Massey Bio/Wiki, Net Worth, Married 2018. Jack Dempsey /AP Show More Show Less 5 of 33. . Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. Barbara Massey Rogers Acceptance Speech on . [3], Massey was a member of the Belle Meade Country Club in Belle Meade, Tennessee; the Everglades Club and the Bath and Tennis Club in Palm Beach, Florida; the Bathing Corporation and the Meadow Club in Southampton, New York; and the Links Club in New York City. 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.. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. Your email address will not be published. 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. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. Forbes said Bill Gates remained the richest person in the world. 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. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. 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. An investor/director of San Antonio-based Kinetic Concepts, whose systems prevent and treat complications of immobility resulting from disease, surgery or obesity, and treat chronic wounds. 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. The past year wasnt an especially enriching one for the citys wealthy. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. Advertisements. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. When was Jack Massey Welsh born? At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. The writer of this article, Bill Carey, the author of Fortunes, Fiddles and Fried Chicken: A Nashville Business History, currently is working on a biography of Jack Massey that is being underwritten by Massey's daughter, Barbara Massey Rogers. You have permission to edit this article. 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. The six-story building on 15th Avenue will house a variety of University teamsincluding the Belmont Data Collaborative, the Transformational Innovation Hub and the Cone Center for Entrepreneurshipall highlighting key aspects of Mr. Masseys approach to business. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. Most of the those on the list were men. This document may not be reprinted without the express written permission of Chattanooga Times Free Press, Inc. Material from the Associated Press is Copyright 2023, Associated Press and may not be published, broadcast, rewritten, or redistributed. Massey was born in 1904 in Tennille, Georgia. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. He was originally known for his Minecraft-centric content. A trustee of Vanderbilt University and board member of the Urban Land Institute. 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. 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. 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. Three co-founders of Airbnb, the vacation-home rental website, also made the list. Jack C. 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