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.). Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. Owns a Falcon 20-F, 10-passenger jet. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. 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. The first person in history to take three unrelated companies to the New York Stock Exchange, Masseys gifts helped Belmont establish its undergraduate and graduate business programs and built both the Massey Business Center, which houses the Jack C. Massey College of Business, and the Massey Performing Arts Center. Stepped down from the board in 2000. A family partnership involving Cal paid more than $2.7 million in 98 to acquire an additional 210 acres in Williamson County. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. Its style and location make it indisputably one of the most desirable houses in all of Nashville. "[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. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. The Center will also be home to a new Welcome Center for the University and house its Admissions Team, becoming the Universitys new front door. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. His concentration, dedication, and hard work have assisted him to get this position. 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. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. His net worth rose to $79.2 billion in 2015 from $76 billion last year. The mission of the Jack C. Massey College of Business Administration is to be an innovative learning community that educates entrepreneurial, ethical and socially responsible future business leaders for the dynamic global economy. Husband made first money with Massey Surgical Supply and drugstores, using $2 million of proceeds from those businesses to acquire a 60% stake in Kentucky Fried Chicken in early 1960s. 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. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. In fact, determining an estimate for each individual is its own investigative reporting assignment. 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. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. Three co-founders of Airbnb, the vacation-home rental website, also made the list. However, his most important contribution to Nashville was probably his role in starting HCA. The Massey. 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. 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. [1][2][4] With John Y. 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. Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. He was the instigator, she said. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. Daughter Julie Stadler owns another $46 million of stock outside the trust. Gave $25 million for Frist Center for the Visual Arts and another $5 million to Nashville Zoo. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. The latter two properties have a combined market value of $5 million. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). 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. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. Massey began his career as a pharmacist and created a surgical supply operation that he sold to the A.S. Aloe Division of the Brunswick Corp. in 1961. Widow of serial entrepreneur Jack Massey, who died in 1989. Your email address will not be published. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. 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. Jack Massey Welsh has an estimated net worth of about $791.31 thousand. Sold it back to them in 1998, reportedly clearing $25 million. DETAILS BELOW Jack Massey Welsh (born June 24, 1996) is famous for being youtuber. 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 has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. anthony apocalypse costume; mark dellagrotte record; shohreh aghdashloo ever after; wendy's employment verification; is it haram to wear shorts to sleep 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). 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. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. Chairman of venture capital firm Clayton Associates. Massey was born in 1904 in Tennille, Georgia. 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. . Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. He is best known for being a YouTuber. For people like Inman, much of whose wealth is tied up in publicly traded stocks and real estate, its not too difficult to gain a reasonable approximation of net worth using publicly available documents. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. Advertisements. Largest shareholder of Ingram Micro, California-based software distributor, though share price remains stuck near the low end of its $10 to $54 historic price range. YouTube content creator named Jack Massey Welsh who is best known for his JackSucksAtLife channel, where he has more than 2.5 million subscribers. 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. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. [3] He was the owner of "403 feet of oceanfront property directly in front of Mar-a-Lago" in Palm Beach, Florida, which Donald Trump purchased for $2 million. Patriarch of the Frist family. In 1982, Forbes estimated his net worth at $100 million. A trustee of Vanderbilt University and board member of the Urban Land Institute. Massey resided in Nashville[clarification needed]. 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. You dont necessarily hear about them but theres a hell of a lot of them around here, and thats made all the difference in the world.. 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. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. 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. 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