8: California's ranking on the list of most millionaires, per capita. Dont buy a teeth whitening gel before reading these reviews. 5. Frederick Smith The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. The concentration of millionaires to the total number of people in Tennessee is 5%, which is under the national US average. What To Plant In September In Tennessee? The town has some retail and commercial areas but is mostly residential. as well as image rights, data visualizations, forward planning tools, As mentioned before, Nashville is a city known for its music. Net worth around $800 Million. Our team of experts has selected the best teeth whitening gel out of hundreds of options. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. Copyright 2023, Chattanooga Times Free Press, Inc. and more. Thomas Frist Jr & family Net worth: $15.0 billion (#115 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: hospitals, Self Made. How many millionaires live in Nashville TN? Mason Hawkins - #6. Net worth: $18.2 billion (#91 wealthiest in the world). In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Love Tennessee? Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. According to the latest data, Nolensville, has earned this honor. Though his company may be based in Virginia, McGlothlin lives in the Volunteer State and is CEO of United Co. Hyde is the founder of AutoZone and makes his home in Memphis. Haslam's wealth reflects his family's ownership of American's biggest privately held truck stop and fuel business, Pilot Flying J, which his father started in 1958. Also founded drive Brad Kelley. #2. "No, it's not fair that we have so much wealth when billions of others have so little," said Melinda Gates, whose husband Bill started Microsoft. #3. Teacher. 1. https://journeyz.co/wp-content/cache/breeze-minification/js/breeze_d6f2b5374d4034eccf68622444cf0976.js, The 100 Best Places to Travel in the World. Tennessee Gov. He currently works as a professor at a local college. Famous Artists Made in Nashville Black Eyed Peas. A solid philanthropist and lover of the arts, Ingram took over Ingram Industries after the loss of her husband. How many multi millionaires live in Tennessee? What Airlines Fly Into Chattanooga Tennessee? Cal Turner Jr. Net Worth - $1.8 Billion #8. Nolensville. To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. How many millionaires are in Memphis Tennessee? There are more than 130.000 millionaire households in the state of Tennessee. He founded Hospital Corp and he is worth at least $13 billion. Bill Haslam Net worth: $2.3 billion (#1,274 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, #6. your CMS. If your organization is interested in becoming a Stacker Spencer Hays - Owner of Southwestern/Great American Inc. based in OnlyInYourState may earn compensation through affiliate links in this article. Nolensville. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. 3. Three billionaires live in Nashville with a combined net worth of $20.7 billion. Does Jason Aldean Play At His Bar In Nashville? Spring Hill. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there. Forbes lists 9 billionaires in . San Jose-Sunnyvale-Santa Clara, California. Jimmy Haslam 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. How Do You Experience Music In Nashville? Who is the richest person in Nashville TN? R.B. Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. [emailprotected]. Brad Kelley. The median income per household in Tennessee is $52.000. What Is Considered A Short Term Rental In Nashville Tn? Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based 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. Will MPD release footage of Tyre Nichols arrest? Thomas J. Frist ranks as the wealthiest. Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) - Source of wealth: hospitals, Self Made. Forbes lists 11 billionaires in Tennessee. Heck, theres a reason famous Tennesseans like country singer Jason Aldean and hockey star Mike Fisher cant stop talking about their hometowns Spring Hill and Brentwood: these places know how to cater to the states one percent. Jimmy Haslam. Hotel Management Co. Net worth around $1.2 restrictions, which you can review below. How much does a Comfortable make in Tennessee? As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. Former Who is the wealthiest family in Tennessee? What is considered a short term rental, Re: Equivalent to Beale Street? founded Commonwealth Brands tobacco company Tennessee is ranked 42nd on the list of US millionaires. This is an archived article and the information in the article may be outdated. Thomas Frist Jr & family. Required fields are marked *, Copyright . There are more than 130.000 millionaire households in the state of Tennessee. What Is The Minimum Gpa To Graduate At Memphis? We bet you cant name them all! These are two of the most affluent suburbs in the Nashville area. #11. To that end, most Stacker stories are freely available to You'll receive your first newsletter soon! Editors Note: Data has been updated for 2023. The richest person in Knoxville is Jimmy Haslam. A new survey has found that there are 13.61 million households that have a net worth of $1 million or more, not including the value of their primary residence. Hawkins owns the Southeaster Asset Management Group and just barely scrapes in at our top five - but he's not really scraping by at all, if you ask us. 120,000 Millionaires Are Living in Tennessee Land Between the Lakes Jul 1, 2017 1 2 Next Jul 1, 2017 #1 Land Between the Lakes Well-Known Member Joined May 6, 2015 Messages 694 Location Kentucky/ Barkley Lakes According to a recent article, there are around 120,000 millionaires living in Tennessee. Part 1 or Part 2 of Morant over, Grizzlies help refurbish Springdale Elementary for, Morant returns, scores 38 in Grizzlies 8th straight, Kendric Davis buzzer beater lift Tigers over Temple,, Davis scores 42 but the Tigers fall in 2OT at UCF, Lorenzen Wrights jersey retirement scheduled, Second half comeback gives Tigers edge over Pirates, Tigers defeat SMU for first AAC win of season, Kendric Davis named to Wooden Award Midseason Top, Tigers open new year with disappointing loss at Tulane, Davis delivers in win over South Florida; Hes a, Musk says Biden may try to weaponize government, Bank of America customers report missing money, Students injured by shattered window during Newport, Grandma, teen fast friends after he returns lost, Morant gives girl jersey, Nike shoes after ball stolen, Do Not Sell or Share My Personal Information. Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. No surprise there. The average income of the top 20% comes in at $172,622. We analyzed 95 places in Tennessee to determine where the 1% live. Join the, Grand Ole Opry. #2. The investor also noted that in 1982, according to Forbes, the richest 400 Americans were worth $93 billion. Sold company to Coke for $1.4 billion. Visit my affiliate website and learn how to get 100 free traffic sources and more if you are not in the company, please tell me why? Average income of residents is $90,000, and the average house price is about $350,000. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. For the top 5%, the average income is $335,653. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. 1990, manufactured discounted cigarettes USA Gold, Bull Durham, Net worth: $21.0 billion (#81 wealthiest in the world). The company was built by his father and grandfather. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. J.R. Hyde III - Sold company to Coke for $1.4 billion. Net Net worth around $880 Million. Forbes said two third of those on the list of richest people are self-made billionaires. 9. There are more than 130.000 millionaire households in the state of Tennessee. There are more than 130.000 millionaire households in the state of Tennessee. - Founder of Check Into Cash, an industry which allows people to receive 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. My Business Partner Jeff is here to guide you step-by-step. But its often a task of finding opportunity where you see it rather than the place you live. Forrest Preston- Net worth: $1.1 billion (#2,359 wealthiest in the world) "This has been a prosperity that's been disproportionately rewarding to the people on top," Buffett said. Anti-aging serums in particular offer many benefits to aging and mature skin. Davenport III - Son of Krystal fast food founder. What is the wealthiest county in Tennessee? Net worth around $470 Best Places To Raise A Family In Tennessee, Download The Entire Tennessee Ranking Data. Hence a person must have a net worth of at least one million USD to be recognised as a millionaire anywhere in the world. #5. Forbes lists 11 billionaires in Tennessee. Which Island in Hawaii is the Cheapest to Live In? Nine Tennessee billionaires are among the 400 wealthiest Americans, including Chattanooga's Jeffrey Lorberbaum who amassed a fortune by building the carpet company his parents began, known as Aladdin Mills, into the world's biggest floorcovering company based in Calhoun, Ga. Lorberbam, who lives in North Chattanooga, is worth an estimated $2.4 billion. Founder of AutoZone, and largest stock holder of GTx Pharmaceutical Co. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Recently a report from Forbes found that there are 2,755 billionaires in the world. 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. Frist is also the brother of former Senate Majority Leader Bill Frist, also of Nashville. Depending on your state, most teaching positions require a bachelor's degree, though some require a master's degree . A total of three billionaires live in Nashville with a combined net worth of $20.7 billion. Sara Blakely. #11. Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. Last year, Forbes' list had 1,426 billionaires. These are ten of the richest people who live in Tennessee. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Rich people not your cup of tea? Which US state has the most millionaires? Tennessee worth about $3.4 Billion. This is the City in Tennessee With the Most Billionaires. We aim to deliver bite-sized pieces of infotainment about where you live. in Churchill Downs, venue of Kentucky Derby. How did we identify Tennessees wealthiest places? - Net worth: $5.2 billion (#547 wealthiest in the world) #1. - Net worth: $21.0 billion (#81 wealthiest in the world). Who is the richest family in Tennessee? If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Billionaires are ranked by net worth as of July 31. All rights reserved. - Residence: Knoxville, Tennessee It may be surprising, but this is the seventh year in a row that Maryland has ranked number one in the country for this metric. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. Chuck Feeney. Where do millionaires live in Tennessee? Net worth around $915 director of SunTrust Banks. 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. Stacker believes in making the worlds data more accessible through company, United Co., which is based in Bristol, VA. Net worth around $900 Million. You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. The state has 39,220 households with $1 million or more to invest. Smith is the founder as well as current CEO of FedEx - we're pretty sure you've heard of it. Forbes lists 9 billionaires in Tennessee. Million. 4. 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. Martha Ingram & family. He has a net worth of $3.8 billion. Fred Smith. #2. HomeSnacks is reader-supported. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Meghan Kraft loves to travel the world, but she makes her home right here in Nashville, Tennessee. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. - CEO of Pilot Flying J Truckstops. Forbes has estimated that Preston is worth nearly $1.5 billion. Net worth around $2 Billion. Brad Kelley- Willis Johnson. R.B. He has worked in both public and private schools, as well as colleges and universities. Around 1,456,336 households in America have $10 million or more in net worth. Bill Sansom Chris Kolmar has been in the real estate business for almost ten years now. Billionaires are ranked by net worth as of January 3. - Source of wealth: video games, Self Made, #4. Jimmy Haslam is also majority owner of the Cleveland Browns NFL franchise. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. Wow. In 2018, nine Nashville billionaires made their richest billionaires list. As a result, billionaires such as Forrest Preston, the Cleveland, Tenn., businessman who started Life Care Centers of America, was not on the Forbes 400 list. Of. According to MSN, The billionaires in Nashville control more resources than any other city in the United States. After all, rich people have really high salaries. 7. Morristown was ranked the poorest city in Tennessee in a 24/7 Wall St. analysis examining U.S. municipalities where households earn less than the nations median annual household income of $65,712. Continue with Recommended Cookies. We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. The unemployment rate tries to capture the prospects for more people to become rich. Known for large country estates and rolling hills, Brentwood is an affluent suburb south of Nashville and one of the wealthiest cities in the country. Is the US the Richest Country in the World? Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026. Forbes lists 9 billionaires in Tennessee. There are more than 130.000 millionaire households in the state of Tennessee. We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on. #5. What is this? Sold company to Coke for $1.4 billion. Real Estate. Join the Memphis Business Journal to unlock even more insights! Net worth around $5 Billion. 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%. W. Allan Jones Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017). Based in Nashville, TN. Turner Jr. - Largest stockholder of Dollar General Stores, which was 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. $1.45 Billion. Three more . What Famous People Live In Brentwood Nashville? Net worth around $520 Million. Of this list, nine of them live in Tennessee, and two of them live in Nashville. - Source of wealth: gas stations, #6. A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. However, a few outliers exist in suburban and even rural areas. In Tennessee like in other areas they exist. #6. based in Memphis, TN. #3. Thomas Frist Jr & family. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. 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. What city in Tennessee has the most millionaires? If you want to see a list of the rest of Tennessees richest places, take a look below. Brad Kelley- Net worth: $2.5 billion (#1,150 wealthiest in the world) | Updated March 13, 2018 at 4:46 a.m. Around the globe, Forbes magazine estimates the number of billionaires last year rose by nearly 8.1 percent to a record 2,208 individuals who collectively had a net worth of $9.1 trillion. Jon Yarbrough. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. And, folks, there are some super rich places in Tennessee that are snack worthy. 1. All Rights Reserved Powered by. 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. "And it's not fair that our wealth opens doors that are closed to most people.". Grundy CountyGrundy County has been ranked as the poorest county in Tennessee. Tim Cook. - Source of wealth: flooring, #8. Thomas Frist Jr & family. How much do you have to make to be rich in Nashville? Franklin, Tennesse has another three billionaires with approximately a third of Nashville's combined wealth. Frist Jr. - largest individual shareholder of HCA, a healthcare 9. Fred Smith is worth at least $6 billion. 6. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. 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.

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