Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. Peggy Hutton of Fridrich & Clark is handling the potential transaction. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. We are having cake in front of his bust to acknowledge his birthday and how much he meant to the school, said Cindy Painter, director of external relations for the school. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. Functionality and information are in compliance with guidelines established by the American Association for State and Local History for online state and regional encyclopedias. 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. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. His concentration, dedication, and hard work have assisted him to get this position. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. A new glass-enclosed atrium will be added to the building, and more space will be available for faculty and students to work together. University Marketing and [email protected], College of Entertainment and Music Business, College of Liberal Arts and Social Sciences, College of Theology and Christian Ministry, OMore College of Architecture and Design, Interdisciplinary Studies and Global Education. Additional properties include a $2.4 million home at Center Hill Lake and a 5,000-square-foot condo in Beaver Creek, Colo., valued at $2.9 million. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. In 1982, Forbes estimated his net worth at $100 million. Also a big Easter Seals supporter. In Nashville, Cal and wife Margaret own several Brentwood properties worth about $9.8 million. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. All Rights Reserved. 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. Plans for the building include incorporating technology to help share the Jack C. Massey story to inspire students, guests and future leaders across every potential field of study. The past year wasnt an especially enriching one for the citys wealthy. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. 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. 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. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. Contact | Privacy Statement | Terms & Conditions. The world's youngest billionaire was 24-year-old Evan Spiegel, the CEO and co-founder of mobile messaging company Snapchat, with a net worth of $1.5 billion. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. Trump tumbled to No. You have permission to edit this article. Through this new building, that legacy will be enhanced even further as his values and entrepreneurial mindset are proactively and intentionally shared as an example to everyone who enters those doors.. Jack C. Massey Wiki & Bio Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. [1], Massey was an initial investor in the Corrections Corporation of America in the 1980s. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. Jack Massey Welsh has an estimated net worth of about $791.31 thousand. Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. The building has been named in honor of one of the greatest entrepreneurs and businessmen in American history and is being made possible thanks to a $15 million gift from Mr. Masseys daughter, Barbara Massey Rogers, and the Jack C. Massey Foundation. When was Jack Massey Welsh born? While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. Bulk of Curreys wealth stems from the sizeable stake in American Express he received with its 1967 acquisition of Equitable Securities, a company co-founded by his father some 40 years earlier. In light of the new facility being built and named in his honor, the previously named Jack C. Massey Business Center, facing Wedgewood Avenue, will be renamed the Barbara Massey Rogers Center. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. 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. Jack Massey Welsh is a member of YouTube Star Age, Biography and Wiki Net worth: $600 million Some Jack Massey Welsh images About YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 390,000 subscribers. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. Massey was a co-founder of the Hospital Corporation of America (now known as HCA Healthcare) and served as Chairman of the Board, Chief Executive Officer, Chairman of the Executive Committee and a member of the Board of Directors. In 1982, Forbes estimated his net worth at $100 million. [1] Seven years later he sold the company to Heublein for $239 million. Patriarch of the Frist family. He would be very excited about the prospect of this great, new building and the future opportunities it will bring to Belmont, she said. However, his most important contribution to Nashville was probably his role in starting HCA. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. In fact, it was largely under Masseys influence that Belmont has such a business program; he and several of his family members made donations that made the school possible. The process of selling the house appears to be very private, which is often the case with homes in that price range. Began as a pharmacist in 1955, but accumulated his wealth at HCA, where he started out as a hospital administrator and eventually was named CEO in 1985. 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.). Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. Although there has been a lot of debate over the years about who was the most important of the four founders, there is no question that Massey was the one with the most business experience when HCA was founded in 1968. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. 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. Well more than $100 million in real estate, and I dont owe anybody anything, he says. Belmont University hosted a Topping Out ceremony on June 14 that involved putting the last beam in place on a significant campus construction projectthe Jack C. Massey Center estimated to be complete by fall 2023. We are committed to: relevant, interactive and experiential academic programs. The Massey. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. Alyne Masseys finances managed by Frank Bumstead. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. Jack Massey net worth is $12 Million Jack Massey Wiki: Salary, Married, Wedding, Spouse, Family Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). Says all his money tied up in Franklin Financial or real estate. Three co-founders of Airbnb, the vacation-home rental website, also made the list. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. Belmont enrolls about 800 undergraduate students with a business major and 250 business graduate students, in addition to 1,200 music business majors who take courses at the business college. This closer look reveals some things people already know: everyone is still rich. [1][4] He built the store into a pharmacy chain, selling it six years later. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. Our College of Business bears his name because he represents an ideal role model for our students. 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. 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. 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. All rights reserved. He currently resides in England, United Kingdom. Widow of serial entrepreneur Jack Massey, who died in 1989. The structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. He also did not get involved in any of the three companies he took to the Big Board until late in life; from 1930 until 1964 he was the owner of a drug store chain and surgical supply business in Nashville. Belmont University hosted a Topping Out ceremony on June 14 that involved putting the last beam in place on a significant campus construction projectthe Jack C. Massey Center estimated to be complete by fall 2023. 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. School officials expect construction to begin in May and conclude by fall 2016. Since then has donated or pledged at least $160 million to nonprofits. [1][2][4] With John Y. You have permission to edit this article. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. For more details, see companion story, Money in the Bank.. 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). Jack C Massey overall profits are growing every day, and he is also becoming more popular. His most important involvement came in the late 1960s with the founding and development of HCA. The first person in history to take three unrelated companies to the New York Stock Exchange, Massey's gifts helped Belmont establish its undergraduate and graduate business programs and built both the Massey Business . Massey was born in 1904 in Tennille, Georgia. Sold it back to them in 1998, reportedly clearing $25 million. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. 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. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. 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. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. 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). And one member of the Top Ten, Gordon Inman, saw his net worth soar on the back of Franklin Financial Corp.s rocketing share price. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. Two other just-completed condos valued at $6.5 million total. A family partnership involving Cal paid more than $2.7 million in 98 to acquire an additional 210 acres in Williamson County. The new facility, to be named the Jack C. Massey Center, will be located on 15thAvenue and will be home to the Universitys Admissions Welcome Center, the recently launchedBelmont Data Collaborativeand theCone Center for Entrepreneurship, among other entities. Owns a Falcon 20-F, 10-passenger jet. The home sits on a nearly four-acre estate. 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. 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. He was also the principal who purchased Kentucky Fried Chicken Corporation from Colonel Sanders and directed its growth to one of the worlds largest commercial marketers of prepared foods before selling the company to Hueblein, Inc. Jack C. Massey was inducted into the Global Business Hall of Fame in 1987, and was a member of the inaugural class of the Tennessee Health Care Hall of Fame. Native of Columbia, Tenn., where she and sister Elizabeth Queener own the familys 230-acre farm that has been in the Queener family for six generations. 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