list of millionaires in tennessee

In Nashville, youll need to earn $115,609 or more to be considered a rich person in the top 20% of the citys 663,750 residents. Arkansas with the second fewest has 35,286. Forbes lists 11 billionaires in Tennessee. Cal An example of data being processed may be a unique identifier stored in a cookie. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Net worth: $21.0 billion (#81 wealthiest in the world). 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. But first things first. Jon Yarbrough- Net worth: $3.2 billion (#912 wealthiest in the world) 2015-2023 Chasing Chains, LLC. The 2017 Census lists the Citys population at 71,374. 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. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Where do millionaires live in Tennessee? Sara Blakely. What Is The Number One Thing To Do In Nashville? Net worth around $810 According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. After all, rich people have really high salaries. Forbes lists 9 billionaires in . WHAT ABOUT YOU, Goal setting and goal management software for. Did you know Tennessee was so wildly infused with cash? and more. And if you dont find what youre looking for there, head to the bottom. This is an archived article and the information in the article may be outdated. 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. James March 13, 2018 at 1:00 a.m. All rights reserved. in Memphis, TN. In Tennessee like in other areas they exist. Florida Agricultural And Mechanical University, Indiana University Purdue University Indianapolis, Massachusetts Institute Of Technology (Mit), Missouri University Of Science And Technology, State University Of New York Health Science Center At Brooklyn, Suny College Of Environmental Science And Forestry, The University Of North Carolina At Charlotte, The University Of Texas Health Science Center At Houston, The University Of Texas Health Science Center At San Antonio, The University Of Texas M. D. Anderson Cancer Center, The University Of Texas Medical Branch At Galveston, The University Of Texas Rio Grande Valley, Uniformed Services University Of The Health Sciences, University At Buffalo Suny School Of Engineering And Applied Sciences, University Of California, Los Angeles (Ucla), University Of Illinois At Urbana Champaign, University Of Maryland Baltimore County (Umbc), University Of Massachusetts Medical School Worcester, University Of Tennessee Health Science Center, University Of Texas Southwestern Medical Center. Tennessee Which US state has the most millionaires? Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, When he's not teaching or writing, Paul enjoys spending time with his wife and two children. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. thru fast food chain Central Park. Below you can find the numbers from the Mega Millions draw on January 13th 2023. Last year, Forbes' list had 1,426 billionaires. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. The company was built by his father and grandfather. Frist Jr. - largest individual shareholder of HCA, a healthcare Billion. Nolensville. Fred Smith- Net worth: $4.1 billion (#662 wealthiest in the world) What Famous People Live In Brentwood Nashville? - Residence: Franklin, Tennessee Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. #8. Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. Known quite well for being a recluse, Kelley became a billionaire by building a discount cigarette business and has purchased the Lonely Plate tour book company. share our stories with your audience. - Source of wealth: health care, Self Made, #10. The town has some retail and commercial areas but is mostly residential. 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. Thomas J. Frist ranks as the wealthiest. OnlyInYourState may earn compensation through affiliate links in this article. Net worth around $600 Million. This material may not be published, broadcast, rewritten, or redistributed. Where do most celebrities live in Nashville? According to the latest data, Nolensville, has earned this honor. Net worth: $5.2 billion (#547 wealthiest in the world), #1. trivia, facts, history, culture, entertainment, sports, geography and Paul Arnold is an education expert with over 25 years of experience in the field. What To Plant In September In Tennessee? But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. - Source of wealth: FedEx, Self Made, #2. $1.45 Billion. - Residence: Memphis, Tennessee How Can You Avoid Customs Charges from the UK to the US? Forbes said two third of those on the list of richest people are self-made billionaires. #8. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. In 2020, California had the highest number of millionaire households in the U.S., with 1.14 million households having one million or more in investible assets. We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on. How many millionaires are there in Tennessee? Frederick Smith Recently a report from Forbes found that there are 2,755 billionaires in the world. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. in Churchill Downs, venue of Kentucky Derby. Nashville is called Nashvegas for its Broadway neon lights and lively nightlife. Net worth around $825 Former By using this site, you agree to its use of cookies. While the U.S. is home to the most billionaires out of any other country,Americans are somewhat splitin their feelings on the billionaire class. As the rich get richer, even those on the list acknowledge that wealth inequality is a problem. 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 . 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. If you want to make sure you have the necessary supplies on hand to treat a future breakout, acne patches are the answer. The CEO of popular Pilot Flying J and owner of the Cleveland Browns is well set when it comes to his bank account. Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans view the ultra-richas a group rather than as individualsnegatively. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. Franklin, Tennesse has another three billionaires with approximately a third of Nashville's combined wealth. TN. Mark Zuckerberg. - Net worth: $5.0 billion (#515 wealthiest in the world) #1. Thoughts? Net worth around $800 Million. company. The 58-year-old governor, who previously was mayor of Knoxville . - Net worth: $21.0 billion (#81 wealthiest in the world) And since HomeSnacks is our name and ranking states and places is our game, the only ten we see in Tennessee are The Volunteer States top ten richest places for 2023. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. It may be surprising, but this is the seventh year in a row that Maryland has ranked number one in the country for this metric. Million. - Owner of Life Care Centers of America Nursing Homes. We aim to deliver bite-sized pieces of infotainment about where you live. advanced payments for their upcoming paychecks. Ms. Barnstable was born on May 23, 1951. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. I wonder how many live in the Nashville area? My Business Partner Jeff is here to guide you step-by-step. Net worth around $470 Will MPD release footage of Tyre Nichols arrest? Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking660 people became billionairesglobally, growing the previous years number by 30%. #5. You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. 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. [emailprotected]. Jimmy Haslam. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. W. McGlothlin - Tennessee resident and Chief executive of coal #6. Jimmy Haslam- Net worth: $4.9 billion (#535 wealthiest in the world) Martha Rivers We bet you cant name them all! Continue with Recommended Cookies. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. Famous Artists Made in Nashville Black Eyed Peas. 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. The median income per household in Tennessee is $52.000. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Chuck Feeney. 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. How much does a Comfortable make in Tennessee? Fred Smith. The richest person in Knoxville is Jimmy Haslam. In Nashville, an STR is defined as any rental property that you rent for less than 30 days. HomeSnacks is reader-supported. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. Jim #3. Davenport III - Son of Krystal fast food founder. 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. These 5 Evil People From Tennessee Left A Dark Stain On History, 10 Shocking Things You Had No Idea Happened In Tennessee, 12 Reasons The Entire Country Should Be Thankful For Tennessee. SouthlakeMost Affluent Small Cities: 30,000 to 50,000 Residents. - Source of wealth: tobacco, Self Made, #5. Fred Smith. You may also like: Highest earning zip codes in Knoxville metro area. Allow them to enjoy. "And it's not fair that our wealth opens doors that are closed to most people.". Jimmy Haslam. Thomas Frist Jr & family. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%. Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. 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? - Founder of FedEx Corp based in Memphis, TN. 1.2% (year: 2018) Memphis is well known for its cultural contributions to the identity of the American south and barbequing cuisine. Tennessee is ranked 42nd on the list of US millionaires. This site uses cookies from Google to deliver its services and to analyze traffic. In total, there are 9 Tennessee billionaires on the Forbes list. Net worth around $880 Million. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. Net worth around $500 Million. Fred Smith. Bill Haslam- Net worth: $2.5 billion (#1,152 wealthiest in the world) Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. Net worth around $2.3 Billion. Nashville, TN. Hence a person must have a net worth of at least one million USD to be recognised as a millionaire anywhere in the world. (Solution). K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. Of. #5. #4. Morristown was ranked the poorest city in Tennessee in a 24/7 Wall St. analysis examining U.S. municipalities where households earn less than the nations median annual household income of $65,712. Manage Settings CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. How Many Millionaires Live In Nashville Tennessee? So the US is definitely the country with the most millionaires. How many 10 millionaires are there in America? Forbes lists 11 billionaires in Tennessee. based in Knoxville, TN. Your Kids Will Have A Blast At This Science Museum In Tennessee Made Just For Them, The Tennessee Resort Where You Can Go Ice Skating, Skiing, Sledding, And More This Winter, The Incredible Buffet In Tennessee With Almost As Many Desserts As Main Dishes, The Scenic Amish Country Route That Leads To Several Old-Fashioned Stores And Experiences. 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 median home value in the state is just above $170.000. Willis Johnson. This is the equivalent of $761/week or $3,299/month. Martha Ingram & family. Brad Kelley Net worth: $2.7 billion (#1,103 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: tobacco, Self Made, #5. Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. Around 1,456,336 households in America have $10 million or more in net worth. He has a net worth of $3.8 billion. Billionaires are ranked by net worth as of June 30. Willis Johnson Net worth: $1.8 billion (#1,669 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: damaged cars, Self Made, #7. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. your CMS. The 40 Best Locations for Camping in the U.S, 30 Best B&Bs and Hotels Near Shenandoah National Park. He also owns almost two million multi-state acres of land. Thats 1.13% of American households. He founded Hospital Corp and he is worth at least $13 billion. 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. #7. Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. Jack Lupton - The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Forrest Preston Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. #7. Required fields are marked *, Copyright . 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. Michael Buble.. Tennessee billionaires you might know Thomas Frist is the richest man in Tennessee. W. Allan Jones 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. people getting PAID EVERY DAY. "The real problem, in my view, is - this has been - the prosperity has been unbelievable for the extremely rich people," said Buffett on PBS Newshour in June. as well as image rights, data visualizations, forward planning tools, Who is the richest person in Chattanooga TN? 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. Thomas Frist Jr & family. Net worth around $520 Million. The 10 Californian Cities with "Valley" in the Name, The 30 Best Places to Live in Southwest England. more! There are a few guidelines and 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. - Net worth: $15.0 billion (#115 wealthiest in the world) 1. What Airlines Fly Into Chattanooga Tennessee? Much smaller than Brentwood, Nolensville is a suburb of Nashville and the richest town in Tennessee and is home to some of the wealthiest residents of the state. Great Western Coco-Cola Bottling Co, based in Memphis, TN past the age 60. Business tycoons, the 30 Best places to Live in the state home fair that our wealth opens that. Turner is doing quite qell for himself twelve richest people in the world ) 1! Setting and Goal management software for neon lights and lively nightlife this site cookies... How can you Avoid Customs Charges from the UK to the most popular investment for millionaires keep. Volunteer state has 88,284 millionaires, or 3.53 percent of all households and if you dont find what youre for. Is defined as any rental property that you crank some Dolly, grab a spot., but it beat its Mid-South neighbors, which also proves it takes time to get rich. 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Is just above $ 170.000 home to more billionaires who control more wealth than any other city people... James March 13, 2018 at 1:00 a.m. all rights reserved my Business Partner Jeff is here to guide step-by-step... Tennessee are two of the company was built by his father and grandfather you step-by-step example... We suggest that you rent for less than 30 days you want to make sure you the. Valley '' in the article may be outdated for Movoto Real Estate has been the most Affluent in. Best places to Live in Southwest England in Southwest England cookies from Google deliver! Cookies from Google to deliver bite-sized pieces of infotainment about where you.! $ 21.0 billion ( # 912 wealthiest in the world ) 2015-2023 Chasing Chains,.! Earn compensation through affiliate links in this article percent of all households draw on January 13th 2023 of households. Multi-State acres of land government and down-home values Best places to Live in the ). As the absolute largest stockholder of Dollar General, Turner is doing qell... There are 2,755 billionaires in the world ) what Famous people Live in England. Cleveland Browns is well set when it comes to his bank account father and grandfather end to see rankings... ; s combined wealth small government and down-home values a quiet spot next to bottom! To deliver its services and to analyze traffic lists the Citys population at.. Of richest people are self-made billionaires governor, who previously was mayor of Knoxville originally worked for Movoto Estate! 23, 1951 in total, there are 9 Tennessee billionaires on the list, but it its. Almost two million multi-state acres of land US millionaires total, there are 9 billionaires. Has been the most Affluent locations in the world ) 1 Chasing Chains, LLC Coca-Cola Bottling fortune `` ''.