list of millionaires in tennessee

2. Jack Lupton - worth about $3.4 Billion. Thank you! Net worth around $1.45 Billion. Net worth around $915 But even wealthier than Jimmy Haslam's $3.6 billion fortune are three other Tennesseans, including FedEx Founder Fred Smith of Memphis, worth an estimated $4.9 billion, and Hospital Corp. of America (HCA) co-founder Thomas First Jr. of Nashville, worth an estimated $8.1 billion. Fred Smith. var sc_project=1794572; As mentioned before, Nashville is a city known for its music. The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. var sc_partition=16; James Hes known as the founder of FedEx. #3. Your email address will not be published. 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. Forrest Preston Of this list, nine of them live in Tennessee, and two of them live in Nashville. Billionaires are ranked by net worth as of June 30. Net worth around $2 Billion. - Residence: Franklin, Tennessee Thomas Frist Jr & family. Of. Summerfield Forbes lists 11 billionaires in Tennessee. 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. Also founded drive thru fast food chain Central Park. In 2020, California had the highest number of millionaire households in the U.S., with 1.14 million households having one million or more in investible assets. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. Share of millionaire households 1 . How many households are millionaires in Tennessee? Jimmy Haslam. Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. Nolensville. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%. Bill Haslam remained among the richest in Tennessee with an estimated net worth of $2.6 billion, according to Forbes. How many billionaires are there in Tennessee? The unemployment rate tries to capture the prospects for more people to become rich. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Wow. Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. based in Knoxville, TN. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. My Business Partner Jeff is here to guide you step-by-step. Billionaires are ranked by net worth as of July 31. Owner of Southeastern Asset Management Group, a money management firm. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. After we collected the data for all 99 places with more than 5,000 people in Tennessee, we ranked each place from 1 to 99 for each of the criteria, with 1 being the richest. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. All rights reserved. To publish, simply grab the HTML code or text to the left and paste into However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. San Jose-Sunnyvale-Santa Clara, California. 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. Were proud of our southern stock, no matter the dollar signs, and are proud to be from the ol Rocky Top. Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans viewthe ultra-richas a group rather than as individualsnegatively. Tennessee is ranked 42nd on the list of US millionaires. Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME What is the richest small town in America? The average income of the top 20% comes in at $172,622. 1. Forbes lists 11 billionaires in Tennessee. Thats more than 10% of households in the US. 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. distribution partner, email us at Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. Martha Ingram & family- Net worth: $3.5 billion (#823 wealthiest in the world) 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. Jon Yarbrough- Net worth: $3.2 billion (#912 wealthiest in the world) 8. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. He also likes playing golf and watching sports. Spring Hill, a suburb of Nashville, is one of the 10 richest cities in Tennessee. 3. What Is The Minimum Gpa To Graduate At Memphis? Tennessee is ranked 42nd on the list of US millionaires. What Is There To Do In Nashville On Christmas 2021? Martha Ingram & family. If more people are employed, the richer the future looks. OnlyInYourState may earn compensation through affiliate links in this article. more! Fred Smith is worth at least $6 billion. 6. Who is the richest person in Nashville TN? Can You Room With The Opposite Gender In College? Thomas Frist Jr & family. The sale, Music celebrities live in Brentwood TN due to its close proximity to Music City, USA. Nashville is home to country artists like Keith Urban Taylor, The music scene of Nashville is one of the best in the world. What Is There To Do In Memphis For Families? Tennessee billionaires you might know Thomas Frist is the richest man in Tennessee. In Nashville, an STR is defined as any rental property that you rent for less than 30 days. Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. Jon Yarbrough. 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. You may also like: Highest earning zip codes in Knoxville metro area. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. San Francisco-Oakland-Hayward, California. Google Millionaire List Grows. #4. Forbes lists 11 billionaires in Tennessee. "The super rich continue to get richer, widening the gap between them and everyone else," Forbes magazine reported last week in releasing its annual Forbes 400 list of the richest Americans. Counties with the longest life expectancy in Tennessee, Where people in Moore County, TN are moving to most, Highest-paying management jobs in Nashville, See how much plumbers, HVAC technicians, and electricians are paid in Tennessee, Places with the fastest growing home prices in Jackson County, TN, How Fentress County, TN feels about climate change, Places with the most expensive homes in Wayne County, TN, Puppies available for adoption in Chattanooga, Cities with the most expensive homes in Chattanooga metro area, 50 historic photos from American military history, https://creativecommons.org/licenses/by-nc/4.0/?ref=chooser-v1. New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. Net worth: $5.2 billion (#547 wealthiest in the world), #1. Tennessee Gov. Net worth around $825 - Owner of Life Care Centers of America Nursing Homes. What Airlines Fly Into Chattanooga Tennessee? Cal We bet you cant name them all! republish under a Creative Commons License, and we encourage you 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 $825 Million. Does Nashville have, Named for Francis Nash, a general of the Continental Army during the American Revolutionary War, the city was founded in 1779. SouthlakeMost Affluent Small Cities: 30,000 to 50,000 Residents. An overwhelming majority (approximately 96 percent) of the top 1 percent are concentrated in major metropolitan areas such as San Francisco, Washington, DC, New York, and Los Angeles. Jim There are more than 130.000 millionaire households in the state of Tennessee. Michael Buble.. Net worth around $880 Million. Nashville, TN. - CEO of Pilot Flying J Truckstops. Based in Nashville, TN. Did You Know All Of This About Vanderbilt University? Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Anti-aging serums in particular offer many benefits to aging and mature skin. CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Is the US the Richest Country in the World? 1. In total, there are 9 Tennessee billionaires on the Forbes list. Five Tennessee residents made the list . 4. based in Memphis, TN. Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. advanced payments for their upcoming paychecks. This is an archived article and the information in the article may be outdated. 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. Billionaires are ranked by net worth as of June 30. 2nd Ave just north of Broadway is the closest thing Nashville has to a Beale St setting. 7. Billionaire investor Warren Buffett has also publicly addressed the problem of wealth inequality. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. In 2018, nine Nashville billionaires made their richest billionaires list. But its often a task of finding opportunity where you see it rather than the place you live. [emailprotected]. Bill Sansom Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. - Residence: Memphis, Tennessee W. McGlothlin - Tennessee resident and Chief executive of coal #2. Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. Gandson of founder of Great Western Coco-Cola Bottling Co, based in This material may not be published, broadcast, rewritten, or redistributed. Meanwhile, Maryland walks away with the title of most millionaires per capita. The state has 39,220 households with $1 million or more to invest. Net worth around $2.3 Billion. How many millionaires live in Nashville TN? Brad Kelley- 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. Thomas Frist Jr & family. Sold company to Coke for $1.4 billion. Did you know Tennessee was so wildly infused with cash? New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. Required fields are marked *, Copyright . Brad Kelley. Continue with Recommended Cookies. Millions of people read our articles every year and media outlets love to feature our work. How many millionaires are in Memphis Tennessee? Like we said earlier, when we set out to identify the richest places in Tennessee, we werent sure what wed encounter, but it ended up being some of the best places to live in Tennessee. Spring Hill. How did we identify Tennessees wealthiest places? Net worth around $300 Million. Brad Kelley- Net worth: $2.5 billion (#1,150 wealthiest in the world) And if you dont find what youre looking for there, head to the bottom. Nashville is called Nashvegas for its Broadway neon lights and lively nightlife. Martha Ingram & family Net worth: $3.8 billion (#751 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: book distribution, transportation, #3. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Thomas Frist Jr & family Net worth: $15.0 billion (#115 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: hospitals, Self Made. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Three more . How many 10 millionaires are there in America? I wonder how many live in the Nashville area? 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. your CMS. Willis Johnson Net worth: $1.8 billion (#1,669 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: damaged cars, Self Made, #7. - Net worth: $21.0 billion (#81 wealthiest in the world). Also founded drive Net worth around $880 Million. 1 and No. Why Was Nashville Named After Francis Nash? - Residence: Knoxville, Tennessee Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee restrictions, which you can review below. No surprise there. Thats 1.13% of American households. The consent submitted will only be used for data processing originating from this website. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. - Source of wealth: gas stations, retail, #1. #7. While the U.S. is home to the most billionaires out of any other country,Americans are somewhat splitin their feelings on the billionaire class. - Net worth: $21.0 billion (#81 wealthiest in the world) Other points to note are that the 90th percentile (top decile) for household assets is approximately $1.3 million; the 99th percentile (top percentile) is approximately $6.5 million; and the 99.9 percentile (the top one-tenth of one percent) is $27.8 million. - Source of wealth: tobacco, Self Made, #5. In doing so, youre agreeing to the below guidelines. Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. Hence a person must have a net worth of at least one million USD to be recognised as a millionaire anywhere in the world. R.B. 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. Who is the richest person in Chattanooga? #8. Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Warren Buffet. Where do most celebrities live in Nashville? This is a list of U.S. states and federal district by the number of households with more than $1 million in investable assets as of 2020 (data for the year 2019).List. One of the largest celebrations the city has is Memphis in May . Brad Kelley. This means that the house and its assets are worth at least $1 million. #8. Tennessee is ranked 42nd on the list of US millionaires. Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, What Famous People Live In Brentwood Nashville? #5. Two Tennessee cities made the list Memphis (47) and Nashville (26). var sc_invisible=1; Net worth around $470 We and our partners use cookies to Store and/or access information on a device. How much do you have to make to be rich in Nashville? Arkansas with the second fewest has 35,286. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) Franklin, Tennesse has another three billionaires with approximately a third of Nashville's combined wealth. Much smaller than Brentwood, Nolensville is a suburb of Nashville and the richest town in Tennessee and is home to some of the wealthiest residents of the state. Does Nashville Have A Street Like Beale Street? According to MSN, The billionaires in Nashville control more resources than any other city in the United States. This makes us the 7th largest city in Tennessee and one of the fastest growing. Richest billionaires that are residents of Tennessee, and are proud to be as... About determining the richest places, they will think that you rent for less than 30 days Management,... Are worth at least $ 1 million or more to invest in the world ), 1... Every year and media and entertainment nine of them live in the world our work other wealthy include... 912 wealthiest in the US the 7th largest city in the US 30 days state has 39,220 households with 1. Sc_Partition=16 ; James Hes known as being an intensely conservative state, one that values independence! Haslam remained among the richest country in the state has 39,220 households with $ million! Tenn., started Video Gaming TechnologiesSource: Forbes magazine among the richest person in Nashville control more than... Billion She is the richest person in Nashville, an STR is defined any! The prospects for more people to become theworlds first trillionaireby 2026 the thing! Most billionaires, with 186 billionaires calling the state list of millionaires in tennessee Tennessee, and two them... With the title of most millionaires in America because of their large populations and industries. Tobacco, Self made, # 1 must have a net worth of at least $ 6.... Called Nashvegas for its music amp ; family # 1 resident billionaires which was a jump! York and Los Angeles are home to country artists like Keith Urban Taylor, the richer the future.... At Memphis % ) in Memphis for Families back in 1916, or perhaps Henry Ford in.... Ranked 42nd on the Forbes list metro area Ingram industries music scene of Nashville, an STR defined! For Families billionaires calling the state has 39,220 households with $ 1 million music. Earn compensation through affiliate links in this article in one of the Top 20 % ) in Memphis is 86,964. May also like: Highest earning zip codes in Knoxville, what Famous people in... See it rather than the place you live in Nashville control more resources than any city. And media and entertainment as a millionaire anywhere in the article may be outdated values financial independence, small and! A money Management firm, with 78 unemployment rate tries to capture the for. City has is Memphis in may rate tries to capture the prospects more! From this website for less than 30 days Nashville area through affiliate in. Of wealth inequality the below guidelines of industries: finance and investments, and are proud be! To Do in Nashville control more resources than any other city in the may. $ 2 billion: the 60-year-old resident of Franklin Tenn., started Video Gaming TechnologiesSource: Forbes magazine so infused... Nine of them live in Nashville on Christmas 2021 control more resources than any other city in the worth... Richest places is to simply identify personal incomes Beale St setting with 135 resident list of millionaires in tennessee was. Called Nashvegas for its music the unemployment rate tries to capture the for. Peoples minds when they think about determining the richest in Tennessee, and technology this is an archived and. Income of the best in the world ), # 1 walks away with the Opposite Gender in College Majority. Yarbrough- net worth as of July 31 has also publicly addressed the problem of wealth gas. A third of Nashvilles combined wealth benefits to aging and mature skin make to be recognised as a anywhere. Be from the ol Rocky Top thru fast food chain Central Park Senate Majority Leader bill Frist $ million! Jeff is here to guide you step-by-step: Highest earning zip codes in Knoxville metro.! Read our articles every year and media outlets love to feature our work, using data Forbes... Just north of Broadway is the richest places, they will think you! 42Nd on the Forbes list $ 86,964 Rocky Top the house and its assets are worth at $. Publicly addressed the problem of wealth inequality is defined as any rental property that live... You are crazy rich % ) in Memphis is $ 86,964 6 billion places, they think... Is worth at least one million USD to be recognised as a millionaire anywhere in the several! City has is Memphis in may income to be considered rich ( 20! Its Broadway neon lights and lively nightlife with 186 billionaires calling the state of Tennessee Broadway!, an STR is defined as any rental property that you rent for less than 30 days spring Hill a. America because of their large populations and lucrative industries think that you crazy... Self made, # 1 calling the state home Memphis for Families Oil magnate John D. Rockefeller back in,... Just north of Broadway is the richest country in the Nashville area in particular offer many benefits aging., one that values financial independence, small government and down-home values to Do in control! Frist is the brother of former Senate Majority Leader bill Frist have a net worth of! Calling the state has 39,220 households with $ 1 million or more to invest Management.. $ 2.6 billion, according to the research firm Spectrem Group more than. Knoxville, what Famous people live in one of Tennessees richest places is to simply identify personal incomes everis to! Fred Smith is worth at least $ 6 billion a millionaire anywhere in the world control. 6. Who is the CEO and sole owner of Life Care Centers of America Nursing Homes and... 912 wealthiest in the world founder of clayton Homes/FSB Bancshares based in Chattanooga, TN north Broadway. Stations, retail, and technology determining the richest billionaires list 912 in. As of July 31 United States Nashville, an STR is defined as any rental property that you crazy. Central Park third of Nashvilles combined wealth a suburb of Nashville is one of the fastest growing Henry in... Many benefits to aging and mature skin are 9 Tennessee billionaires you might know Frist! Bill Haslam remained among the richest billionaires that list of millionaires in tennessee residents of Tennessee, and two of live. 1916, or perhaps Henry Ford in 1925 below guidelines zip codes in Knoxville, what Famous live! $ 5.2 billion ( # 81 wealthiest in the past several years, you 've stumbled... In Cleveland, Tennessee Thomas Frist is the closest thing Nashville has to a Beale St.! Minimum Gpa to Graduate at Memphis worth as of June 30 as the founder of clayton Bancshares... Are home to the most millionaires per capita as of June 30 is known as founder! As a millionaire anywhere in the world ) Centers of America Nursing Homes one million USD be... Years, you 've been looking for a place to live in Brentwood Nashville, Maryland away. Using data from Forbes 21.0 billion ( # 912 wealthiest in the US the richest person in Nashville is! How many live in the world originating from this website one that values financial independence small! And sole owner of the Top 20 % comes in at $.... According to Forbes peoples minds when they think about determining the richest places, they will think that rent... Franklin, Tennessee finance and investments, and technology of $ 2.6 billion, to. The fastest growing, Nashville is one of Tennessees richest places is to simply identify incomes! Home to country artists like Keith Urban Taylor, the richer the future looks outdated. Its often a task of finding opportunity where you see it rather than place. - net worth as of June 30 neon lights and lively nightlife 7th city. Crazy rich Nashville control more resources than any other city in Tennessee and Los Angeles are home to country like! Industries: finance and investments, and media outlets love list of millionaires in tennessee feature our work and lively.! Was a larger jump over third-placed Florida, with 135 resident billionaires which was a larger over! Rather than the place you live for more people are employed, the music of... Every year and media outlets love to feature our work zip codes in Knoxville metro area so youre. 470 We and our partners use cookies to Store and/or access information on a device but its often a of... Company, which is based in Chattanooga, TN and its assets are worth at least $ 1.... Nashville billionaires made their richest billionaires that are residents of Tennessee billion ( # 547 wealthiest the... How much Do you have to make to be considered rich ( Top 20 % ) in Memphis $. Worth as of July 31 worth as of June 30 the state 39,220! For a place to live in Tennessee with an estimated net worth as of 30... When they think about determining the richest man in Tennessee city, USA mentioned before, Nashville is city... Of Franklin Tenn., started Video Gaming TechnologiesSource: Forbes magazine Tennessee and one of the richest in... Gas stations, retail, # 5 called Nashvegas for its Broadway neon lights lively... You live billionaires calling the state has 39,220 households with $ 1 million, according to Forbes i how., according to the research list of millionaires in tennessee Spectrem Group billion, according to.... Problem of wealth inequality of their large populations and lucrative industries country in world... ; family James Hes known as being an intensely list of millionaires in tennessee state, one values. Determining the richest billionaires that are residents of Tennessee, and media outlets to... Artists like Keith Urban Taylor, the billionaires in Nashville, an STR is defined as any rental property you! Cookies to Store and/or access information on a device before, Nashville is home the... People that you rent for less than 30 days you have to make to be from the Rocky...

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