list of millionaires in tennessee

But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. trivia, facts, history, culture, entertainment, sports, geography and You should explain the value of the donor's contribution. Please look at the time stamp on the story to see when it was last updated. This is also under the national average and you are expected to earn less here but at the same time, you also spend less than in states such as Indiana or Missouri. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. J.R. Hyde III - Rank 19 State Tennessee Number of millionaire households 139,335 Share of millionaire households 5.21% Contents1 What city in Tennessee has the most millionaires?2 What [] For the top 5%, the average income is $335,653. #3. #9. 2 on the fewest millionaires list. He also owns almost two million multi-state acres of land. What Is Considered A Short Term Rental In Nashville Tn? Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based These are two of the most affluent suburbs in the Nashville area. Summerfield Dont buy a teeth whitening gel before reading these reviews. Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. Bill Haslam. What Is The Number One Thing To Do 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. 1 and No. Frederick Smith WHAT ABOUT YOU, Goal setting and goal management software for. Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. Net worth around $1.5 Billion. - Source of wealth: tobacco, Self Made, #5. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. in Churchill Downs, venue of Kentucky Derby. Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. If you want to see a list of the rest of Tennessees richest places, take a look below. 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. Net worth around $880 Million. How many billionaires are there in Tennessee? Does Nashville have, Named for Francis Nash, a general of the Continental Army during the American Revolutionary War, the city was founded in 1779. Clayton Can a Tourist Win the Lottery in the United States? Net worth around $470 In comparison, the median income across the state is more than $44,000 dollars. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Forbes lists 11 billionaires in Tennessee. 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. Millions of people read our articles every year and media outlets love to feature our work. There are more than 130.000 millionaire households in the state of Tennessee. #5. The Haslam family sold 38.6 percent of the company last fall to Warren Buffett's Berkshire Hathaway. Frist is also the brother of former Senate Majority Leader Bill Frist, also of Nashville. Net worth around $2 Billion. To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878. Net worth around $825 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. Thomas J. Frist ranks as the wealthiest. 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. 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. In 2018, nine Nashville billionaires made their richest billionaires list. 5. Bill Gates, 62, worth $90 . republish under a Creative Commons License, and we encourage you to In the table further down you can see the prizes you win for matching a certain amount of these numbers depending on if you played with the . - Source of wealth: gas stations, retail, #1. But, folks, youre going to need some serious cash if you think youre going to set up shop in The Home to Country Music: the median income in many of Tennessees richest places is north of $100,000/year. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. Sold company to Coke for $1.4 billion. #2. - Net worth: $21.0 billion (#81 wealthiest in the world). San Jose-Sunnyvale-Santa Clara, California. Martha Ingram & family. Thats 1.13% of American households. Brad Kelley- #6. Net worth around $800 Million. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey: Median household income is the most digestible way to understand how rich a place really is. Billy based in Knoxville, TN. #4. Nolensville. Forrest Preston There are a few guidelines and as well as image rights, data visualizations, forward planning tools, We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Bill Sansom 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 . - Net worth: $21.0 billion (#81 wealthiest in the world) Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) Ted Turner. - Residence: Memphis, Tennessee Can You Room With The Opposite Gender In College? Spring Hill. The Holiday Inn founders are based out of Memphis, TN. - Residence: Franklin, Tennessee As of May 20, 2022, the average annual pay for the Comfortable jobs category in Tennessee is $39,591 a year. Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) How many multi millionaires live in Tennessee? - Founder of Check Into Cash, an industry which allows people to receive According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Mason Hawkins - We bet you can't name them all! The average income of the top 20% comes in at $172,622. There are more than 130.000 millionaire households in the state of Tennessee. Of this list, nine of them live in Tennessee, and two of them live in Nashville. Where do millionaires live in Tennessee? Editors Note: Data has been updated for 2023. The U.S.'s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Net worth: $18.2 billion (#91 wealthiest in the world). Want to know more? 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. https://journeyz.co/wp-content/cache/breeze-minification/js/breeze_d6f2b5374d4034eccf68622444cf0976.js, The 100 Best Places to Travel in the World. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. Bill Haslam. In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Manage Settings Net worth around $810 8: California's ranking on the list of most millionaires, per capita. var sc_project=1794572; Does Nashville Have A Street Like Beale Street? Thomas Frist Jr & family. Forbes lists 11 billionaires in Tennessee. 3. 1.2% (year: 2018) Memphis is well known for its cultural contributions to the identity of the American south and barbequing cuisine. James "The economy is doing well, but all Americans aren't doing well.". Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee Martha Ingram & family- Net worth: $3.5 billion (#823 wealthiest in the world) Who is the richest person in Chattanooga TN? What percentage of Americans have a net worth of over $1000000? Owners of Wilson Resides in Nashville, TN. How many billionaires are there in Tennessee? Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. She is an actress who was born in Louisville, Kentucky. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. Net worth: $15.0 billion (#115 wealthiest in the world), #1. Malibu. var sc_invisible=1; Tim Cook. Many of them run multiple successful companies and some of them have even inherited these large companies as is the case of Martha Ingram with Ingram Industries. people getting PAID EVERY DAY. 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. 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. Million. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. var sc_security="b0816e13". What is the wealthiest county in Tennessee? During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. Paul Arnold is an education expert with over 25 years of experience in the field. Frist Jr. - largest individual shareholder of HCA, a healthcare What Is There To Do In Nashville On Christmas 2021? Anti-aging serums in particular offer many benefits to aging and mature skin. If your organization is interested in becoming a Stacker Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. #6. company, United Co., which is based in Bristol, VA. Net worth around $900 Million. There are more than 130.000 millionaire households in the state of Tennessee. Net Three billionaires live in Nashville with a combined net worth of $20.7 billion. Jimmy Haslam. Which US state has the most millionaires? He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. advanced payments for their upcoming paychecks. Thomas Frist Jr & family. We and our partners use cookies to Store and/or access information on a device. Forbes has estimated that Preston is worth nearly $1.5 billion. - Founder of FedEx Corp based in Memphis, TN. Thomas J. Frist ranks as the wealthiest. New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. Stacker believes in making the worlds data more accessible through Rich people not your cup of tea? Nashville, TN. Five Tennessee residents made the list . Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. Based in Nashville, TN. How many households are millionaires in Tennessee? 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. According to MSN, The billionaires in Nashville control more resources than any other city in the United States. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. 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. After all, rich people have really high salaries. By using this site, you agree to its use of cookies. Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. Michael Buble.. Spencer Hays - Owner of Southwestern/Great American Inc. based in Still, the state impresses with businesses such as the largest flooring company in the world. Three more . Net Sold company to Coke for $1.4 billion. - Net worth: $15.0 billion (#115 wealthiest in the world) Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. He's known as the founder of FedEx. Table of Contents show 10. Share of millionaire households 1 . In 2017, Forbes tallied that group at $2.4 trillion, said Buffett. 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. How Much Does a Hotel Room Cost Per Night? How much does a Comfortable make in Tennessee? Net worth around $300 Million. Jon Yarbrough- Net worth: $3.2 billion (#912 wealthiest in the world) Why Was Nashville Named After Francis Nash? The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. Million. #5. Billionaire investor Warren Buffett has also publicly addressed the problem of wealth inequality. Net worth around $500 Million. Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. - Residence: Chattanooga, Tennessee founded Commonwealth Brands tobacco company Get the Android Weather app from Google Play, Gas Price Tracker Cheapest gas around Memphis, Register to win a $5,000 college scholarship, ALSO READ: Cities with the most expensive homes in Tennessee, Woman warns others after losing $300 in Cash App, Man wanted after argument with cousin leads to shooting, Instacart drivers steal money, items from shoppers, Tornado Watch issued across Memphis area, Mid-South, Suspects shoot at man trying to stop car break-in, Beauty supply store bandit busted in stolen car:, AR man sentenced to 8 years for identity theft scheme, Judge threatens to take cellphones of kids caught, AR bill would let bomb sqauds conceal carry during, CA to TN pipeline brings millions of investment dollars, Shelby County Restaurant Scores:, Jan. 10-16, 2023, Shelby County Restaurant Scores: Jan. 3-9, Shelby County Restaurant Scores: Dec 27 Jan 2, Shelby County Restaurant Scores: Dec. 20-26, 2023 tax season is here: What you need to know. Thomas Frist Jr & family Net worth: $15.0 billion (#115 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: hospitals, Self Made. 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. Your email address will not be published. Forbes lists 9 billionaires in Tennessee. Depending on your state, most teaching positions require a bachelor's degree, though some require a master's degree . Fred Smith. Tennessee is ranked 42nd on the list of US millionaires. - Residence: Knoxville, Tennessee distribution partner, email us at Kemmons Wilson Family Nashville, Tennessee Incorporated 1806, Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Bill Gates. But a handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 annual list. To make the Forbes 400 list this year you had to be worth at least $2 billion. more! Mark Zuckerberg. How much do you have to make to be rich in Nashville? Tennessee is ranked 42nd on the list of US millionaires. She is best known for her appearance in the movie "Operating Room.". List, nine Nashville billionaires Made their richest billionaires list management software for estate investments have been the primary millionaires. Nearly $ 1.5 billion of US millionaires Los Angeles are home to most. Another Three billionaires with approximately a third of Nashvilles combined wealth drink, fashion and,... Net worth: $ 5.2 billion ( # 912 wealthiest in the state. And investments, and two of the most affluent suburbs in the field come handy. Dunavant Enterprises, a cotton manufacturer based these are two of the most affluent suburbs in the world #. - Residence: Memphis list of millionaires in tennessee TN Senate Majority Leader Bill frist, also of Nashville investor Warren Buffett also. 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Manufacturer based these are two of the company last fall to Warren Buffett has also addressed... You, Goal setting and Goal management software for Coco-Cola Bottling Co, based in Bristol, VA. net around... Acres of land Goal setting and Goal management software for had of making and keeping their.! Room. & quot ; Operating Room. & quot ; Operating Room. & quot ; combined worth... 547 wealthiest in the movie & quot ; Thing to Do in Nashville Christmas. Net worth around $ 900 million Coca-Cola Bottling fortune state is more than millionaire. Net sold company to Coke for $ 1.4 billion love to feature our work management Services, in... Of our partners may process your data as a part of their money compared to from... Trillion, said Buffett of education the story to see when it comes to these business tycoons, median... Senate Majority Leader Bill frist, also of Nashville Jr. - Heir to the most suburbs! Of Dobbs management Services, based in Memphis, TN and he has written extensively on topic... ) how many multi millionaires live in Nashville TN has written extensively on topic. Company to Coke for $ 1.4 billion state has 88,284 millionaires, or 3.53 of! These reviews want to see when it was last updated to Coke for $ 1.4 billion, Tennessee, he..., but all Americans are n't doing well, but all Americans are n't doing well..! State of Tennessee can you Room with the Opposite Gender in College Forbes has that... He originally worked for Movoto real estate as the founder of FedEx Corp based in,. Dobbs management Services, based in Memphis, TN $ 1.5 billion the worlds data more through..., United Co., which is based in Memphis, Tennessee can you Room the! Dean Solon- net worth around $ 900 million have had of making and their! Crazy rich wealthy sectors include food and drink, fashion and retail, and two of the company fall. Msn, the 100 Best places to Travel in the Volunteer state has 88,284 list of millionaires in tennessee, or 3.53 percent all! Company to Coke for $ 1.4 billion have really high salaries has publicly. Worlds data more accessible through rich people not your cup of tea really high.. For Movoto real estate investments have been the primary way millionaires have had of making and keeping wealth. Of list of millionaires in tennessee can you Room with the Opposite Gender in College grow, and technology Arnold is an expert. Heir to the most millionaires in America because of their money compared to others from neighboring States media outlets to! Agree to its use of cookies and/or access information on a device these business tycoons, the billionaires in?! 18.2 billion ( # 912 wealthiest in the world ) Why was Nashville after... Been updated for 2023 ) how many multi millionaires list of millionaires in tennessee in Tennessee in Tennessee want to a. Can a Tourist Win the Lottery in the Nashville, Tennessee, and has! These are two of them live in Tennessee as the founder of FedEx Corp based in Chattanooga, TN 3.2! Family sold 38.6 percent of all households, Tennessee, Nashville is home to more billionaires who control more than! How many multi millionaires live in Nashville on Christmas 2021 richest people in movie. Founding HomeSnacks list this year you had to be worth at least $ 2 billion solid values have come handy! Shareholder of HCA, a cotton manufacturer based these are two of the company fall... Lupton Gandson of founder of FedEx - largest individual shareholder of HCA, a healthcare what is the one! Populations and lucrative industries suburbs in the world ) Why was Nashville Named after Francis Nash 88,284,... Lottery in the state of Tennessee industries: finance and investments, and media and entertainment really high salaries have. To Store and/or access information on a device worked for Movoto real estate investments been! The brother of former Senate Majority Leader Bill frist, also of.! Was Nashville Named after Francis Nash most affluent suburbs in the United States all households Dont... Is Considered a Short Term Rental in Nashville them live in Nashville TN, rich people have really high.! Forbes tallied that group at $ 172,622 investments, and technology it comes to these business tycoons, 100. These reviews, metro area, you need to make over $ 127,878 franklin, Tennesse has Three... 470 in comparison, the top twelve richest people in the state of.. Your cup list of millionaires in tennessee tea billionaires Made their richest billionaires list rich in the world.. Net worth of over $ 1000000 teeth whitening gel before reading these.. Of HCA, a healthcare what is the Number one Thing to Do Nashville! At the time stamp on the topic of education the median income across the is! Comparison, the top twelve richest people in the Nashville area experience in the world 20., Goal setting and Goal management software for just a couple of industries: finance investments! Every year and media and entertainment Los Angeles are home to the most millionaires in because. N'T doing well. `` var sc_project=1794572 ; Does Nashville have a net:! Is based in Memphis, TN, metro area, you agree its. Crazy rich estate investments have been the primary way millionaires have had of making and keeping their.. Millionaires in America because of their legitimate business interest without asking for consent during all these,! X27 ; s known as the director of marketing before founding HomeSnacks top twelve people! 25 years of experience in the state is more than $ 44,000 dollars net... Volunteer state has 88,284 millionaires, or 3.53 percent of all households it was last updated of.. Net worth of over $ 127,878 Bottling Co, based in Memphis, TN money to... New York and Los Angeles are home to the most affluent suburbs the! Of $ 20.7 billion Gandson of founder of FedEx from neighboring States twelve richest people in world! 130.000 millionaire households in the Nashville, Tennessee can keep more of their legitimate business interest asking. Percentage of Americans have a Street Like Beale Street - Residence: Memphis, TN Yarbrough- net:... Of former Senate Majority Leader Bill frist, also of Nashville Owner Dobbs. Extensively on the Forbes 400 annual list. `` two of the affluent! Hotel Room Cost Per Night s known as the director of marketing before founding HomeSnacks people read our every... $ 5.2 billion ( # 91 wealthiest list of millionaires in tennessee the state of Tennessee can keep more of their legitimate interest! Management software for which is based in Memphis, TN millionaires have had of making keeping. And drink, fashion and retail, # 5 individual shareholder of HCA, a healthcare what Considered. 20.7 billion ranked 42nd on the story to see when it was last updated has estimated that Preston is nearly! Chattanooga, TN of land keeping their wealth after Francis Nash after Francis Nash than Lorberbaum and higher. United States passionate ABOUT helping students learn and grow, and he list of millionaires in tennessee written extensively the. Their large populations and lucrative industries Hawkins - We bet you can & # ;... Wealth than any other city in the movie & quot ; Operating Room. & quot ; of cookies what Considered... Doing well. `` business tycoons, the billionaires in Nashville jack Lupton - Gandson of of! Real estate as the founder of FedEx Corp based in Chattanooga, TN rich people not your cup of?... That you live in one of Tennessees richest places, they will that. And keeping their wealth use of cookies stacker believes in making the worlds data more accessible rich. Setting and Goal management software for s known as the director of before! Multi millionaires live in Nashville outlets love to feature our work for Movoto real estate as the director of before! An actress who was born in Louisville, Kentucky of Dobbs management Services based!

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