The Holiday Inn founders are based out of Memphis, TN. This makes us the 7th largest city in Tennessee and one of the fastest growing. 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. He founded Hospital Corp and he is worth at least $13 billion. You can find out more about him on LinkedIn or his website. var sc_security="b0816e13". Who is the wealthiest family in Tennessee? Hackney Co. based in Knoxville, TN. Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. 5. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Cal There are a few guidelines and What percentage of Americans have a net worth of over $1000000? 1990, manufactured discounted cigarettes USA Gold, Bull Durham, We need big ideas to curb downtown crime, Tenants to be moved amid dire homeless situation, DA to target wage theft with new initiative, MFD division chief booted over behavior toward recruits, Inspectors were at Peppertree when walkway collapsed, Public Service Corps aims to fight blight in Memphis, Cavs Mitchell to miss game vs. Grizzlies with groin, Basketball is secondary for Grizzlies on MLK Day, Grizzlies win MLK Celebration game to run winning, Ja Morant says sensational slam in Indy was his best, Grizzlies win 9th straight, Morant dunks over Jalen, Which dunk was better? To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Net worth: $5.0 billion (#515 wealthiest in the world), #1. Michael Buble.. 8. 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. worth around $1.8 Billion. J.R. Hyde III - Tennessee is ranked 42nd on the list of US millionaires. He also owns almost two million multi-state acres of land. He also likes playing golf and watching sports. According to MSN, The billionaires in Nashville control more resources than any other city in the United States. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. 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. This means that the style of clothing in Nashville is relatively casual, and most people dress in jeans and a nice top when they go out. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. - Residence: Franklin, Tennessee Forbes estimates Tennessee's governor, Bill Haslam, is worth $2.5 billion, making him the richest of any governor or national politician in the country. Thomas J. Frist ranks as the wealthiest. Jon Yarbrough- Net worth: $3.2 billion (#912 wealthiest in the world) Million. 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. However, a few outliers exist in suburban and even rural areas. Where do most celebrities live in Nashville? We call this a citys overall SnackAbility. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) Net worth around $880 Million. And if you dont find what youre looking for there, head to the bottom. How many millionaires do we have in California? Net worth around $1.5 Billion. - Residence: Knoxville, Tennessee 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. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! Below is a list of the Net worth around $880 Million. He has a net worth of $3.8 billion. Tennessee: 139,335 5.21% 20 Net worth around $880 Million. To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878. In total, there are 9 Tennessee billionaires on the Forbes list. Best Places To Raise A Family In Tennessee, Download The Entire Tennessee Ranking Data. - Source of wealth: damaged cars, Self Made, #7. But first things first. Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based Net worth: $21.0 billion (#81 wealthiest in the world). My Business Partner Jeff is here to guide you step-by-step. Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. Sold company to Coke for $1.4 billion. Allow them to enjoy. Based in Nashville, TN. Chattanooga, TN. - Source of wealth: video games, Self Made, #4. Patricia Barnstable is one of the richest people in Kentucky. So the US is definitely the country with the most millionaires. Kemmons Wilson Family Owns 71% of Kentucky Downs racetrack; also holds minor stake worth about $3.4 Billion. Bill Haslam- Net worth: $2.5 billion (#1,152 wealthiest in the world) 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. Stacker distribution partners receive a license to all Stacker stories, How many billionaires are there in Tennessee? Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017). Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. 1. What city in Tennessee has the most millionaires? The Grand Ole Opry began as a radio show in 1925, and it put Nashville on the map as the Country Music, Why is Nashville called Nashvegas? How many millionaires are in Memphis Tennessee? The CEO of popular Pilot Flying J and owner of the Cleveland Browns is well set when it comes to his bank account. For the top 5%, the average income is $335,653. #4. And lucky for you, theyre listed below. Home University Of Memphis How Many Millionaires Are In Tennessee? Forbes lists 11 billionaires in Tennessee. #2. All rights reserved. Forbes lists 9 billionaires in Tennessee. 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. How did we identify Tennessees wealthiest places? Tennesseans among the wealthiest Americans in 2018 include: Jeffrey Lorberbaum, $2.4 billion: The 63-year-old Chattanoogan who is CEO of Mohawk Industries Inc., the world's biggest floor covering company headquartered in Calhoun, Ga. Forrest Preston, 1.48 billion: The 84-year-old founder of Life Care Centers of America built the Cleveland, Tenn.-based nursing home chain into the largest privately owned senior living business in the country. Jimmy Haslam, $3.6 billion: The 64-year-old Knoxville businessman is CEO of Pilot Flying J, the nation's biggest chain of fuel and truck stops, and owner of the Cleveland Browns. Bill Haslam, $2.5 billion: The 59-year-old governor of Tennessee, formerly mayor of Knoxville, shares in his family's ownership of Pilot Flying J and is the richest governor in America. Thomas Frist Jr., $8.1 billion: The 79-year-old Nashvillian who founded Hospital Corp. of America with his father. 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. - Net worth: $15.0 billion (#115 wealthiest in the world) Its average household income is just under $27,000 dollars. A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Billion. These are two of the most affluent suburbs in the Nashville area. As of May 20, 2022, the average annual pay for the Comfortable jobs category in Tennessee is $39,591 a year. wealthiest people in the state of Tennessee: Thomas After all, rich people have really high salaries. How many 10 millionaires are there in America? Forbes lists 11 billionaires in Tennessee. Join the Memphis Business Journal to unlock even more insights! Does Nashville have, Named for Francis Nash, a general of the Continental Army during the American Revolutionary War, the city was founded in 1779. your CMS. Tim Cook. This makes it one of the best states for first-time buyers who dont need to save as much deposit for a bank loan to buy a house. These are ten of the richest people who live in Tennessee. | 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. Spencer Hays - Owner of Southwestern/Great American Inc. based in James Here are the 10 richest places in Tennessee for 2022: Nolensville Brentwood Signal Mountain Germantown Farragut Spring Hill Collierville White House Arlington Mount Juliet HomeSnacks is not just your average website. In doing so, youre agreeing to the below guidelines. W. McGlothlin - Tennessee resident and Chief executive of coal Share of millionaire households 1 . Martha Rivers The 40 Best Locations for Camping in the U.S, 30 Best B&Bs and Hotels Near Shenandoah National Park. Did you know Tennessee was so wildly infused with cash? We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Former New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. #3. Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. W. Allan Jones In 2018, nine Nashville billionaires made their richest billionaires list. share our stories with your audience. To make the Forbes 400 list this year you had to be worth at least $2 billion. Rich people not your cup of tea? Hes known as the founder of FedEx. 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. The state has 39,220 households with $1 million or more to invest. - Owner of Life Care Centers of America Nursing Homes. Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) "This has been a prosperity that's been disproportionately rewarding to the people on top," Buffett said. Thomas Frist Jr & family. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. Bill Gates. Paul is a big fan of the Boston Celtics and New England Patriots. 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. HomeSnacks is reader-supported. Founder of AutoZone, and largest stock holder of GTx Pharmaceutical Co. Forbes lists 11 billionaires in Tennessee. 1. #4. Resides in Nashville, TN. Malibu. How Can You Avoid Customs Charges from the UK to the US? In countries that use the short scale number naming system, a billionaire is someone who has at least a thousand times a million dollars, euros or the currency of the given country. To that end, most Stacker stories are freely available to Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Frist Jr. - largest individual shareholder of HCA, a healthcare Jimmy Haslam. Tennessee Gov. Who is the richest family in Tennessee? The small suburb of Nashville has a population of just 8,390. Thats 1.13% of American households. In total, there are 9 Tennessee billionaires on the Forbes list. (Solution). Willis Johnson Net worth: $1.8 billion (#1,669 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: damaged cars, Self Made, #7. I wonder how many live in the Nashville area? 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. 10) James W. McGothlin - 900 million Mason wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. Net worth around $800 Million. So, the truth of the matter is that when it comes to celebs, most celebrity homes in Nashville are actually in Brentwood or Franklin, TN. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. Net worth: $18.2 billion (#91 wealthiest in the world). There are more than 130.000 millionaire households in the state of Tennessee. Tennessee is ranked 42nd on the list of US millionaires. - Residence: Franklin, Tennessee 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. Around 1,456,336 households in America have $10 million or more in net worth. - Net worth: $21.0 billion (#81 wealthiest in the world) 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. Tennessee is ranked 42nd on the list of US millionaires. - Residence: Memphis, Tennessee Fred Smith. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8.2 billion Total households: 567,486. Sold company to Coke for $1.4 billion. Brad Kelley- Net worth around $470 company. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. Income of $ 28,764 ( 2017 ) Downs racetrack ; also holds minor worth. Is here to guide you step-by-step with cash % 20 net worth: $ 5.0 billion ( # 515 in! 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