Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. Belmont has laid this sure foundation. Jack Massey Welsh's age is 26. Now people from all walks of life have started evaluating his merits. Also a big Easter Seals supporter. [1], Massey transformed Winners Corporation, one of the largest franchisees of Wendy's hamburger outlets into a major fast-food franchise operation. 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. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. NashvillePost.com has learned that Alyne Queener Massey, widow of the late business icon Jack Massey, has begun the process of selling her house at the intersection of Tyne Boulevard and Belle Meade Boulevard, across the street from the Belle Meade Country Club. [1][4] He founded Massey Surgical Supply in 1930. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. [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. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. 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. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. [1] He graduated with a degree in pharmacy from the University of Florida. He is the brother of former Senate Majority Leader Bill Frist, R-Tenn. Other Tennesseans on the Forbes list of the richest people include Nashville's Martha Ingram, whose family made a fortune in book publishing and transportation and is worth $4.1 billion, and FedEx Founder Fred Smith of Memphis, worth $3.9 billion. That equals more than two-thirds the money collected annually from Tennessee taxpayers. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. 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. He bought Kentucky Fried Chicken Corp., co-founded Hospital Corporation of America and later founded Winners Corp. Barbara Massey Rogers, Masseys daughter, said the donation was made as a way to continue the work her father began at Belmont. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. 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. In 1982, Forbes estimated his net worth at $100 million. Its style and location make it indisputably one of the most desirable houses in all of Nashville. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. He currently resides in England, United Kingdom. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. Two other just-completed condos valued at $6.5 million total. He was the instigator, she said. House appraised at $6.8 million before construction was complete. http://tennesseeencyclopedia.net/entries/jack-c-massey/. 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. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. In Georgia, the richest people include two media billionaires, Anne Cox Chambers worth $17 billion and Jim Kennedy worth $8.5 billion, and Home Depot Founder Bernard Marcus, worth $3.8 billion. That commitment includes helping build a nationally recognized business school, now known as the Jack C. Massey College of Business. 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. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. Jack C. Massey 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. [1] [2] He was the first American businessman to take three different companies public. 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. 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . His mother and father were not so much rich. [1], Massey was an initial investor in the Corrections Corporation of America in the 1980s. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. The Jack C Massey Foundation is a private foundation that is located in Brentwood, TN. 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.). At the age of 56, becoming bored with retirement, he went on to secure a place in American business history by helping take three separate companies to the New York Stock Exchange. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. Barbara Massey Rogers,daughter of Jack C. Massey,said, I am humbled and honored that the new building on the Belmont campus will carry the name, Jack C. Massey. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Advertisements. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. 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.). Restaurant Properties. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. 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. The process of selling the house appears to be very private, which is often the case with homes in that price range. It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. 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. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. Someone knowledgeable of the Belle Meade real estate market suggested to NashvillePost.com that an asking price of as much as $7.5 million would not be out of the question. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. 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. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. For more detail on the Frist home, see companion story, The House that Frist Built.. anthony apocalypse costume; mark dellagrotte record; shohreh aghdashloo ever after; wendy's employment verification; is it haram to wear shorts to sleep Gave $25 million for Frist Center for the Visual Arts and another $5 million to Nashville Zoo. Thats whats going to happen in this building, and I think Jack would be so proud of that.. Patriarch of the Frist family. 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. 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. Remaining 4.2 million Shoneys shares traded for $1.5 million in cash this year after chain was acquired by Lone Star U.S. Acquisitions and U.S. The school seeks to increase the number of business major undergraduates to 1,200. He was the one who had the vision for this school, and I wanted to support what he was doing.. Massey was born in 1904 in Tennille, Georgia. Massey, who died in 1990, is the only American to have taken three. Rendering courtesy of Belmont University. He is 26 years old as of June 2022. He was originally known for his Minecraft-centric content. Chief Executive of Dollar General since 77 and chairman since 89. In 2020, Jack was estimated to have a net worth of $1,245,894. He was the original president of Nashvilles Baptist Hospital (from 1948 until 1960); founded the venture capital company Massey-Burch Capital Corp. along with his much younger partner Lucius Burch III; and was one of the chief owners of Nashville City Bank, which was taken over by Dominion Bankshares of Roanoke, Va., in 1986. 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 . At 73, Curreys investment portfolio is still weighted with American Express stock, though he has donated or sold chunks over the years to support many philanthropic endeavors (Montgomery Bell Academys Currey Gymnasium, Vanderbilts Brownlee O. Currey Jr. Tennis Center, and most recently, the Currey Ingram Academy in Williamson County). 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. 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