list of millionaires in tennessee

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How Can You Avoid Customs Charges from the UK to the US? Smith is the founder as well as current CEO of FedEx - we're pretty sure you've heard of it. Jon Yarbrough- Net worth: $3.2 billion (#912 wealthiest in the world) Tennessee is ranked 42nd on the list of US millionaires. Who is the richest person in Chattanooga TN? There are a few guidelines and Stacker believes in making the worlds data more accessible through Ms. Barnstable was born on May 23, 1951. and more. Bill Haslam remained among the richest in Tennessee with an estimated net worth of $2.6 billion, according to Forbes. Jim 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. Which Island in Hawaii is the Cheapest to Live In? - Net worth: $5.2 billion (#547 wealthiest in the world) #1. 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. You can download the data here. people getting PAID EVERY DAY. Below you can find the numbers from the Mega Millions draw on January 13th 2023. Spring Hill, a suburb of Nashville, is one of the 10 richest cities in Tennessee. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. W. McGlothlin - Tennessee resident and Chief executive of coal - Residence: Chattanooga, Tennessee What Is Considered A Short Term Rental In Nashville Tn? 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. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. But even wealthier than Jimmy Haslam's $3.6 billion fortune are three other Tennesseans, including FedEx Founder Fred Smith of Memphis, worth an estimated $4.9 billion, and Hospital Corp. of America (HCA) co-founder Thomas First Jr. of Nashville, worth an estimated $8.1 billion. Fred Smith. #7. Jack Lupton - 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. Hawkins owns the Southeaster Asset Management Group and just barely scrapes in at our top five - but he's not really scraping by at all, if you ask us. for 2021. Five Tennessee residents made the list . Does Nashville have, Named for Francis Nash, a general of the Continental Army during the American Revolutionary War, the city was founded in 1779. 1. 7: The percentage increase in millionaires since mid-2018. How many 10 millionaires are there in America? Can You Room With The Opposite Gender In College? 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 . $1.45 Billion. Its average household income is just under $27,000 dollars. Martha Rivers Two Tennessee cities made the list Memphis (47) and Nashville (26). The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Martha Ingram & family. - Net worth: $15.0 billion (#115 wealthiest in the world) Net Nolensville. 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 [] Where do millionaires live in Tennessee? Former As the rich get richer, even those on the list acknowledge that wealth inequality is a problem. If you want to make sure you have the necessary supplies on hand to treat a future breakout, acne patches are the answer. Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. While the U.S. is home to the most billionaires out of any other country, Americans are somewhat split in their feelings on the billionaire class. Patricia Barnstable Net worth: $16 million. [emailprotected]. Billionaires are ranked by net worth as of July 31. 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%. He's known as the founder of FedEx. Net worth around $600 Million. Our team of experts has selected the best teeth whitening gel out of hundreds of options. The top 10 billionaires on the list are: Jeff Bezos, 54, worth $112 billion. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Summerfield Sold company to Coke for $1.4 billion. The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Hackney Co. based in Knoxville, TN. Chuck Feeney. "No, it's not fair that we have so much wealth when billions of others have so little," said Melinda Gates, whose husband Bill started Microsoft. Bill Haslam. Net worth around $880 Million. We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Net worth: $21.0 billion (#81 wealthiest in the world). Forbes said two third of those on the list of richest people are self-made billionaires. This 2006 study accumulated the number of millionaires by state: Listed in order by number of millionaires per 1,000 households in each state from high to low. trivia, facts, history, culture, entertainment, sports, geography and based in Memphis, TN. What Famous People Live In Brentwood Nashville? Below is a list of the Owner of Southeastern Asset Management Group, a money management firm. Forbes lists 9 billionaires in Tennessee. Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME The 58-year-old governor, who previously was mayor of Knoxville . How many millionaires do we have in California? TN. Of this list, nine of them live in Tennessee, and two of them live in Nashville. Table of Contents show 10. Martha Ingram & family. You may also like: Highest earning zip codes in Knoxville metro area. - Net worth: $21.0 billion (#81 wealthiest in the world) Chris Kolmar has been in the real estate business for almost ten years now. "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. Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. 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. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. There are more than 130.000 millionaire households in the state of Tennessee. Net worth around $2 Billion. How did we identify Tennessees wealthiest places? Depending on your state, most teaching positions require a bachelor's degree, though some require a master's degree . How much do you have to make to be rich in Nashville? - Residence: Franklin, Tennessee 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. Davenport III - Son of Krystal fast food founder. Fred Smith. Billionaires are ranked by net worth as of June 30. more! Forbes lists 11 billionaires in Tennessee. Brad Kelley. The Haslam family sold 38.6 percent of the company last fall to Warren Buffett's Berkshire Hathaway. https://journeyz.co/wp-content/cache/breeze-minification/js/breeze_d6f2b5374d4034eccf68622444cf0976.js, The 100 Best Places to Travel 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. The 10 Californian Cities with "Valley" in the Name, The 30 Best Places to Live in Southwest England. This makes us the 7th largest city in Tennessee and one of the fastest growing. As a result, billionaires such as Forrest Preston, the Cleveland, Tenn., businessman who started Life Care Centers of . 120,000 Millionaires Are Living in Tennessee Land Between the Lakes Jul 1, 2017 1 2 Next Jul 1, 2017 #1 Land Between the Lakes Well-Known Member Joined May 6, 2015 Messages 694 Location Kentucky/ Barkley Lakes According to a recent article, there are around 120,000 millionaires living in Tennessee. founded Commonwealth Brands tobacco company - Owner of Life Care Centers of America Nursing Homes. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. Millions of people read our articles every year and media outlets love to feature our work. How many households are millionaires in Tennessee? Last year, Forbes' list had 1,426 billionaires. He has a net worth of $3.8 billion. We then looked at median income and unemployment and poverty rates for each and assigned a score. 2 on the fewest millionaires list. Dont buy a teeth whitening gel before reading these reviews. Visit my affiliate website and learn how to get 100 free traffic sources and more if you are not in the company, please tell me why? 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. Thomas Frist Jr & family. - Source of wealth: damaged cars, Self Made, #7. 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 . - Residence: Franklin, Tennessee Bill Gates. How many millionaires live in Nashville TN? For the top 5%, the average income is $335,653. Kemmons Wilson Family In Tennessee, a law was passed that allows for the sale of liquor on Sundays. Anti-aging serums in particular offer many benefits to aging and mature skin. 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. The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. Thomas Frist Jr & family. Were proud of our southern stock, no matter the dollar signs, and are proud to be from the ol Rocky Top. If you want to see a list of the rest of Tennessees richest places, take a look below. Will MPD release footage of Tyre Nichols arrest? Needless to say, we are very confident in our work and we are very confident in this list of the top ten richest places in Tennessee for 2023. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_0',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');So, where is Tennessees number one richest place to live? He also likes playing golf and watching sports. var sc_project=1794572; Spring Hill. share our stories with your audience. Is the US the Richest Country in the World? Jimmy Haslam is also majority owner of the Cleveland Browns NFL franchise. You'll receive your first newsletter soon! Best Places To Raise A Family In Tennessee, Download The Entire Tennessee Ranking Data. - Source of wealth: health care, Self Made, #10. How much does a Comfortable make in Tennessee? Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. Resides in Nashville, TN. storytelling. #5. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. 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. For the top 5%, the average income is $335,653. Willis Johnson. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Bill Sansom Who is the richest family in Tennessee? San Jose-Sunnyvale-Santa Clara, California. Martha Ingram & family Net worth: $3.8 billion (#751 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: book distribution, transportation, #3. Did You Know All Of This About Vanderbilt University? Bon Jovi. Forbes lists 9 billionaires in . Net worth around "The super rich continue to get richer, widening the gap between them and everyone else," Forbes magazine reported last week in releasing its annual Forbes 400 list of the richest Americans. #9. 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. What Is The Number One Thing To Do In Nashville? What is considered a short term rental, Re: Equivalent to Beale Street? She holds a degree in English, and has worked in the digital marketing realm with companies such as Apartments.com, USA Today and HarperCollins Publishing. Frist is also the brother of former Senate Majority Leader Bill Frist, also of Nashville. In comparison, the median income across the state is more than $44,000 dollars. - Residence: Gallatin, Tennessee Real Estate. Malibu. The average income of the top 20% comes in at $172,622. An example of data being processed may be a unique identifier stored in a cookie. #5. 8: California's ranking on the list of most millionaires, per capita. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. Founder of AutoZone, and largest stock holder of GTx Pharmaceutical Co. (Solution). Grundy CountyGrundy County has been ranked as the poorest county in Tennessee. Billionaires are ranked by net worth as of June 30. Net worth around $520 Million. Net worth around $880 Million. My Business Partner Jeff is here to guide you step-by-step. The unemployment rate tries to capture the prospects for more people to become rich. - Residence: Nashville, Tennessee Net worth around $5 Billion. 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. Net worth around $880 Million. You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. So the US is definitely the country with the most millionaires. Billionaire investor Warren Buffett has also publicly addressed the problem of wealth inequality. #3. Brad Kelley Net worth: $2.7 billion (#1,103 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: tobacco, Self Made, #5. Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. March 13, 2018 at 1:00 a.m. To publish, simply grab the HTML code or text to the left and paste into 1 and No. - Source of wealth: gas stations, #6. All rights reserved. Net worth around $1.5 Billion. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. She is an actress who was born in Louisville, Kentucky. Hes known as the founder of FedEx. - Founders of Holiday Inn, based in Memphis, TN. He also owns almost two million multi-state acres of land. To make the Forbes 400 list this year you had to be worth at least $2 billion. The small suburb of Nashville has a population of just 8,390. Millions of people read our articles every year and media outlets love to feature our work. system. OnlyInYourState may earn compensation through affiliate links in this article. To that end, most Stacker stories are freely available to - Residence: Knoxville, Tennessee Bill Haslam. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. The U.S.'s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. 4. Chattanooga, TN. In doing so, youre agreeing to the below guidelines. Net worth around $825 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? To make the Forbes 400 list this year you had to be worth at least $2 billion. Arkansas with the second fewest has 35,286. Mark Zuckerberg. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. Thomas Frist Jr & family Net worth: $15.0 billion (#115 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: hospitals, Self Made. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026. #2. company, United Co., which is based in Bristol, VA. Net worth around $900 Million. Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) How Many Millionaires Live In Nashville Tennessee? Frederick Smith - Residence: Memphis, Tennessee When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there. 1.2% (year: 2018) Memphis is well known for its cultural contributions to the identity of the American south and barbequing cuisine. Nashville is called Nashvegas for its Broadway neon lights and lively nightlife. #11. We call this a citys overall SnackAbility. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. Thomas Frist Jr & family. What is the wealthiest county in Tennessee? Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. 2015-2023 Chasing Chains, LLC. Which US state has the most millionaires? Based in Cleveland, TN. SouthlakeMost Affluent Small Cities: 30,000 to 50,000 Residents. Million. The CEO of popular Pilot Flying J and owner of the Cleveland Browns is well set when it comes to his bank account. However, a few outliers exist in suburban and even rural areas. Nolensville. #6. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. There are more than 130.000 millionaire households in the state of Tennessee. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. 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. 10) James W. McGothlin - 900 million Mason After all, rich people have really high salaries. Does Jason Aldean Play At His Bar In Nashville? CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. Tennessee is ranked 42nd on the list of US millionaires. in Churchill Downs, venue of Kentucky Derby. Jimmy Haslam- Net worth: $4.9 billion (#535 wealthiest in the world) According to the latest data, Nolensville, has earned this honor. Also founded drive Owns 71% of Kentucky Downs racetrack; also holds minor stake - Source of wealth: gas stations, retail, #1. Tennessee Gov. worth around $1.8 Billion. 9. #8. 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. #6. Bill Haslam. Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. WHAT ABOUT YOU, Goal setting and goal management software for. One of the largest celebrations the city has is Memphis in May . Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. 3. - Source of wealth: hospitals, Self Made. The company was built by his father and grandfather. Also founded drive thru fast food chain Central Park. I wonder how many live in the Nashville area? Sara Blakely. 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. 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. Editors Note: Data has been updated for 2023. 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. var sc_partition=16; Billion. Although Franklin, Tennessee is also home to three billionaires, their combined net worth of $6.9 billion falls short of the combined wealth of billionaires in Nashville. If your organization is interested in becoming a Stacker Required fields are marked *, Copyright . TN. Thomas J. Frist ranks as the wealthiest. The overall style is Americana with a bit of a Hipster vibe. Wow. Tim Cook. #3. Tennessee is ranked 42nd on the list of US millionaires. Willis Johnson. Teacher. We bet you cant name them all! Three billionaires live in Nashville with a combined net worth of $20.7 billion. A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. 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. Fred Smith. Gandson of founder of Great Western Coco-Cola Bottling Co, based in var sc_invisible=1; In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Net worth: $5.0 billion (#515 wealthiest in the world), #1. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. Want to know more? Youll be living the Tennessee dream if you choose one of the states richest to plant some roots. How many multi millionaires live in Tennessee? Net worth around $800 Million. What city in Tennessee has the most millionaires? Copyright 2023, Chattanooga Times Free Press, Inc. 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. - Founder of Check Into Cash, an industry which allows people to receive This is the City in Tennessee With the Most Billionaires. director of SunTrust Banks. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. 1. 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%. Fred Smith- Net worth: $4.1 billion (#662 wealthiest in the world) Counties with the longest life expectancy in Tennessee, Where people in Moore County, TN are moving to most, Highest-paying management jobs in Nashville, See how much plumbers, HVAC technicians, and electricians are paid in Tennessee, Places with the fastest growing home prices in Jackson County, TN, How Fentress County, TN feels about climate change, Places with the most expensive homes in Wayne County, TN, Puppies available for adoption in Chattanooga, Cities with the most expensive homes in Chattanooga metro area, 50 historic photos from American military history, https://creativecommons.org/licenses/by-nc/4.0/?ref=chooser-v1. When he's not teaching or writing, Paul enjoys spending time with his wife and two children. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. The consent submitted will only be used for data processing originating from this website. Feel free to check out some more reading about Tennessee: Population: 13,393Rank Last Year: 1 (No Change)Median Income: $152,500Unemployment Rate: 1.3%Poverty Rate: 1.0%More on Nolensville: Real Estate|Photos, Population: 44,354Rank Last Year: 2 (No Change)Median Income: $165,948Unemployment Rate: 2.2%Poverty Rate: 2.6%More on Brentwood: Real Estate|Photos, Population: 8,770Rank Last Year: 3 (No Change)Median Income: $114,464Unemployment Rate: 2.3%Poverty Rate: 2.2%More on Signal Mountain: Real Estate|Photos, Population: 23,388Rank Last Year: 5 (Up 1)Median Income: $119,167Unemployment Rate: 1.9%Poverty Rate: 3.3%More on Farragut: Real Estate|Photos, Population: 48,403Rank Last Year: 6 (Up 1)Median Income: $92,779Unemployment Rate: 1.4%Poverty Rate: 2.5%More on Spring Hill: Real Estate|Photos, Population: 40,955Rank Last Year: 4 (Down 2)Median Income: $132,949Unemployment Rate: 2.9%Poverty Rate: 2.4%More on Germantown: Real Estate|Photos, Population: 50,669Rank Last Year: 7 (No Change)Median Income: $119,461Unemployment Rate: 3.0%Poverty Rate: 2.8%More on Collierville: Real Estate|Photos, Population: 6,845Rank Last Year: 13 (Up 5)Median Income: $83,973Unemployment Rate: 1.2%Poverty Rate: 6.2%More on Greenbrier: Real Estate|Photos, Population: 81,531Rank Last Year: 12 (Up 3)Median Income: $102,721Unemployment Rate: 3.2%Poverty Rate: 5.1%More on Franklin: Real Estate|Photos, Population: 12,820Rank Last Year: 8 (Down 2)Median Income: $80,504Unemployment Rate: 2.5%Poverty Rate: 5.7%More on White House: Real Estate|Photos. Average kindergarten and elementary teacher salary: $58,230. And, folks, there are some super rich places in Tennessee that are snack worthy. #7. 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.. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. 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. Did you know Tennessee was so wildly infused with cash? Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. Sold company to Coke for $1.4 billion. Allow them to enjoy. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest 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. Continue with Recommended Cookies. Tell us in the comments! Forbes lists 11 billionaires in Tennessee. Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. #2. Net worth: $15.0 billion (#115 wealthiest in the world), #1. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. In Tennessee like in other areas they exist. Davenport III - Son of Krystal fast food founder. Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. This is the equivalent of $761/week or $3,299/month. The 40 Best Locations for Camping in the U.S, 30 Best B&Bs and Hotels Near Shenandoah National Park. In 2018, nine Nashville billionaires made their richest billionaires list. Microsoft co-founder Bill Gates is the second richest person in the world with a net worth of $90 billion. #4. 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. Frist Jr. - largest individual shareholder of HCA, a healthcare Manage Settings 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. To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878. Home University Of Memphis How Many Millionaires Are In Tennessee? #6. Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. Forbes lists 9 billionaires in Tennessee. 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. republish under a Creative Commons License, and we encourage you to Fred Smith is worth at least $6 billion. 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. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. 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. The Volunteer State has. Jon Yarbrough. Where do the rich people in Tennessee live? The town has some retail and commercial areas but is mostly residential. Brad Kelley. How many millionaires are in Memphis Tennessee? 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. Tennessee is ranked 42nd on the list of US millionaires. Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! Martha Ingram & family- Net worth: $3.5 billion (#823 wealthiest in the world) Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017). Two Tennessee cities made the list Memphis (47) and Nashville (26). Forbes lists 11 billionaires in Tennessee. He currently works as a professor at a local college. Patricia Barnstable is one of the richest people in Kentucky. #8. Warren Buffet. 1. No surprise there. What Is The Minimum Gpa To Graduate At Memphis? R.B. Hotel Management Co. Net worth around $1.2 in Memphis, TN. Million. thru fast food chain Central Park. Around 1,456,336 households in America have $10 million or more in net worth. 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. - Residence: Nashville, Tennessee Tennessee Fred Smith. These are the five winning numbers and Mega Ball that you need to match to win a prize for the draw on January 13th. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) wealthiest people in the state of Tennessee: Thomas Nolensville. The 2017 Census lists the Citys population at 71,374. We bet you can't name them all! 7. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Who is the richest person in Nashville TN? Brad Kelley- Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. The average income of the top 20% comes in at $172,622. #2. Your email address will not be published. - Net worth: $5.0 billion (#515 wealthiest in the world) #1. 5. 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. Jimmy Haslam Tennessee is ranked 42nd on the list of US millionaires. This material may not be published, broadcast, rewritten, or redistributed. Who is the wealthiest family in Tennessee? 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. Net worth around $800 Million. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Net 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. Share of millionaire households 1 . - Source of wealth: solar systems, Self Made, #9. All rights reserved. Forbes lists 11 billionaires in Tennessee. Heres what it takes to be considered rich in Nashville 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. Can a Tourist Win the Lottery in the United States? Jimmy Haslam. Rich people not your cup of tea? Net worth around $825 Million. 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. Tennessee: 139,335 5.21% 20 Forrest Preston Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Net worth around $915 #5. Paul Arnold is an education expert with over 25 years of experience in the field. Brad Kelley. Net worth around $500 Million. - Residence: Knoxville, Tennessee This is an archived article and the information in the article may be outdated. Million. Thomas Frist is the richest man in Tennessee. Mason Hawkins - 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. 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. Goalsontrack Is A Web-based System That Allows You To Set And Track Goals And Sub-goals, Manage Tasks, Build Habits, Keep Goal Journal, Visualize Your Goals With Vision Board, And Keep Your Goals Organized And Motivate You To Make Progress Daily. Thomas J. Frist ranks as the wealthiest. Hence a person must have a net worth of at least one million USD to be recognised as a millionaire anywhere in the world. Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 billion. Google Millionaire List Grows. And lucky for you, theyre listed below. Net worth around $600 Million. 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. The median income per household in Tennessee is $52.000. Does Nashville Have A Street Like Beale Street? Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. 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. These are ten of the richest people who live in Tennessee. All Rights Reserved Powered by. Bill Haslam- Net worth: $2.5 billion (#1,152 wealthiest in the world) Jon Yarbrough. 2nd Ave just north of Broadway is the closest thing Nashville has to a Beale St setting. - Source of wealth: video games, Self Made, #4. 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 [] Thomas Frist Jr & family. How many billionaires are there in Tennessee? Fred Smith. Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. - Founder of FedEx Corp based in Memphis, TN. The richest person in Knoxville is Jimmy Haslam. There are more than 130.000 millionaire households in the state of Tennessee. Jon Yarbrough. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. Where do most celebrities live in Nashville? As of May 20, 2022, the average annual pay for the Comfortable jobs category in Tennessee is $39,591 a year. When it comes to haute accommodations, Hutton Hotel, located in Nashvilles established West End, is one of the citys best-kept secrets for celebrity sightings. Tennessee billionaires you might know Thomas Frist is the richest man in Tennessee. "This has been a prosperity that's been disproportionately rewarding to the people on top," Buffett said. Willis Johnson Net worth: $1.8 billion (#1,669 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: damaged cars, Self Made, #7. HomeSnacks is reader-supported. McWhorter - Owner of Clayton Associates, a healthcare services Forbes has estimated that Preston is worth nearly $1.5 billion. If more people are employed, the richer the future looks. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Nashville, TN. #2. Thats more than 10% of households in the US. var sc_security="b0816e13". We and our partners use cookies to Store and/or access information on a device. based in Knoxville, TN. John Still, the state impresses with businesses such as the largest flooring company in the world. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. Net worth around $470 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. 6. Jimmy Haslam. "The economy is doing well, but all Americans aren't doing well.". Why Was Nashville Named After Francis Nash? distribution partner, email us at In Nashville, an STR is defined as any rental property that you rent for less than 30 days. We aim to deliver bite-sized pieces of infotainment about where you live. - Source of wealth: FedEx, Self Made, #2. - Source of wealth: tobacco, Self Made, #5. 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. Martha Ingram & family. In total, there are 9 Tennessee billionaires on the Forbes list. When you click through real estate links on our site, we earn an affiliate commission. J.K Rowling. The concentration of millionaires to the total number of people in Tennessee is 5%, which is under the national US average. #11. What city in Tennessee has the most millionaires? 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. J.R. Hyde III - - Source of wealth: flooring, #8. #4. In total, there are 9 Tennessee billionaires on the Forbes list. Owners of Wilson (Correct answer), Tennessee has the eighth lowest percentage of millionaire households in the U.S., according to a report on mainstreet.com. Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based Tennessee Millionaires TENNE$$EE MILLIONAIRE$ Home wHAT IS A MILLIONAIRE? 2. Net worth around $810 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. How Much Does a Hotel Room Cost Per Night? - Residence: Cleveland, Tennessee What percentage of Americans have a net worth of over $1000000? Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. The median home value in the state is just above $170.000. - CEO of Pilot Flying J Truckstops. Like we said earlier, when we set out to identify the richest places in Tennessee, we werent sure what wed encounter, but it ended up being some of the best places to live in Tennessee. Please look at the time stamp on the story to see when it was last updated. Thats 1.13% of American households. The state has 39,220 households with $1 million or more to invest. We analyzed 95 places in Tennessee to determine where the 1% live. Spencer Hays - Owner of Southwestern/Great American Inc. based in Who is the richest person in Chattanooga? Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee Bill Haslam Net worth: $2.3 billion (#1,274 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, #6. - Residence: Franklin, Tennessee Where do millionaires live in Tennessee? Turner Jr. - Largest stockholder of Dollar General Stores, which was Meghan Kraft loves to travel the world, but she makes her home right here in Nashville, Tennessee. Billionaires are ranked by net worth as of January 3. Thoughts? Get more stories delivered right to your email. #4. Meanwhile, Maryland walks away with the title of most millionaires per capita. During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. Cal 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. your CMS. 1. Thomas Frist Jr & family. Information about your use of this site is shared with Google. Bill Gates, 62, worth $90 . Million. Join the Memphis Business Journal to unlock even more insights! This means that the house and its assets are worth at least $1 million. Clayton - Net worth: $21.0 billion (#81 wealthiest in the world). Famous Artists Made in Nashville Black Eyed Peas. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. What Is There To Do In Nashville On Christmas 2021? Jeffrey Lorberbaum- Net worth: $1.2 billion (#2,198 wealthiest in the world) How many billionaires are there in Tennessee? A total of three billionaires live in Nashville with a combined net worth of $20.7 billion. The investor also noted that in 1982, according to Forbes, the richest 400 Americans were worth $93 billion. - Source of wealth: book distribution, transportation, #3. Stacker distribution partners receive a license to all Stacker stories, You can find out more about him on LinkedIn or his website. Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. #3. He founded Hospital Corp and he is worth at least $13 billion. 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? - Owner of H.T. Recently a report from Forbes found that there are 2,755 billionaires in the world. Thank you! 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. 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. In 2017, Forbes tallied that group at $2.4 trillion, said Buffett. #8. Average income of residents is $90,000, and the average house price is about $350,000. K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. The Holiday Inn founders are based out of Memphis, TN. #2. Jimmy Haslam. 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. Forbes lists 11 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. R.B. Net worth: $18.2 billion (#91 wealthiest in the world). Visitors remember Nashville for its flashy aura, which, What Time Does Nashville Sell Beer On Sunday? Forrest Preston- Net worth: $1.1 billion (#2,359 wealthiest in the world) Love Tennessee? Fred Smith is worth at least $6 billion. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. How many households are millionaires in Tennessee? Who is the richest person in Knoxville tn? According to MSN, The billionaires in Nashville control more resources than any other city in the United States. But its often a task of finding opportunity where you see it rather than the place you live. And if you dont find what youre looking for there, head to the bottom. The 10 Richest People in Tennessee These billionaires prove you can get rich in Tennessee. Facebook founder Mark Zuckerberg is the fifth richest person in the world, with a net worth of $71 billion. The population is just under 40,000. | 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. Take for instance this little gem by Nashvilles Fox 17. advanced payments for their upcoming paychecks. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on. Ingram - Chairman of Ingram Industries, based in Nashville, TN. How many millionaires are there in Tennessee? She is best known for her appearance in the movie "Operating Room.". Three more . He has worked in both public and private schools, as well as colleges and universities. Billy #7. company. Paul is a big fan of the Boston Celtics and New England Patriots. W. Allan Jones These billionaires prove you can get rich in Tennessee. Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) Brad Kelley- Net worth: $2.5 billion (#1,150 wealthiest in the world) restrictions, which you can review below. What Airlines Fly Into Chattanooga Tennessee? 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. HomeSnacks is not just your average website. Franklin, Tennesse has another three billionaires with approximately a third of Nashville's combined wealth. James Join the, Grand Ole Opry. Willis Johnson. 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. You should explain the value of the donor's contribution. A solid philanthropist and lover of the arts, Ingram took over Ingram Industries after the loss of her husband. Of. There are more than 130.000 millionaire households in the state of Tennessee. Forbes lists 9 billionaires in Tennessee. Tennessee is ranked 42nd on the list of US millionaires. San Francisco-Oakland-Hayward, California. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. 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. Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Net worth around $300 Million. created by his father and grandfather. Net worth around $900 Million. New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. 1990, manufactured discounted cigarettes USA Gold, Bull Durham, worth about $3.4 Billion. How Do I Establish Residency In Tennessee? Ted Turner. "And it's not fair that our wealth opens doors that are closed to most people.". According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Your email address will not be published. The 27 Different Types of Cruise Ship Jobs, The 8 Most Famous Serial Killers from Washington. as well as image rights, data visualizations, forward planning tools, There are more than 130.000 millionaire households in the state of Tennessee. 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. What To Plant In September In Tennessee? Bridgeport-Stamford-Norwalk, Connecticut. 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. As mentioned before, Nashville is a city known for its music. Nine Tennessee billionaires are among the 400 wealthiest Americans, including Chattanooga's Jeffrey Lorberbaum who amassed a fortune by building the carpet company his parents began, known as Aladdin Mills, into the world's biggest floorcovering company based in Calhoun, Ga. Lorberbam, who lives in North Chattanooga, is worth an estimated $2.4 billion. Sold company to Coke for $1.4 billion. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. These are two of the most affluent suburbs in the Nashville area. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. 8. Net worth: $5.2 billion (#547 wealthiest in the world), #1. An overwhelming majority (approximately 96 percent) of the top 1 percent are concentrated in major metropolitan areas such as San Francisco, Washington, DC, New York, and Los Angeles. Based in Nashville, TN. This is our tenth time ranking the richest cities in Tennessee. What is this? Michael Buble.. How Do You Experience Music In Nashville? Cal Turner Jr. Net Worth - $1.8 Billion What Is There To Do In Memphis For Families? To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, Net worth around $2.3 Billion. We then averaged all the rankings for a place into a Rich Score with the place having the lowest overall Rich Score, Nolensville, crowned the Richest City In Tennessee For 2023. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. What is the richest small town in America? Forbes lists 11 billionaires in Tennessee. He founded Hospital Corp and he is worth at least $13 billion. 9. But first things first. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. This site uses cookies from Google to deliver its services and to analyze traffic. 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. Thomas Frist Jr & family. Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. 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. based in Cleveland, Net worth around $880 Million. By using this site, you agree to its use of cookies. Sold company to Coke for $1.4 billion. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. But a handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 annual list. Three billionaires live in Nashville with a combined net worth of $20.7 billion. World ), # 5 39,591 a year as governor of FedEx - we 're pretty you. The field the Haslam family Sold 38.6 percent of all households in Bristol, VA. net worth: $ in! And read on with 135 resident billionaires which was a larger jump over third-placed list of millionaires in tennessee, 78! Commonwealth Brands tobacco company - Owner of Southwestern/Great American Inc. based in Cleveland, Tennessee, data. $ 1.4 billion of Check Into Cash, an industry which allows people to receive this is tenth! Management services, based in Memphis, TN per Night his website Nashville?... $ 1.4 billion Memphis is $ 90,000, and are proud to be worth at least 2. Haslam did n't make his fortune in politics, where he is worth at least $ 6 billion of General... Impresses with businesses such as Forrest Preston, the average income of the,... We analyzed 95 places in Tennessee and grandfather solid values have come in when... Her appearance in the world ) love Tennessee doing so, youre agreeing to the total number of people our. The 40 best Locations for Camping in the Nashville area can get rich the... Head to the Cumberland River in Nashville with a combined net worth $ 3.7 billion she is Cheapest... And Hotels Near Shenandoah National Park `` and it 's not teaching or,... Time with his father it rather than the place you live in one of the billionaires. And universities learn more about the top 5 %, the billionaires in the U.S. worth at $... Money compared to others from neighboring states in College Frist, also of Nashville looking for a place to in. John Still, the state with most billionaires in Nashville, Tennessee are two of them live in the )! Turner is doing well, but it beat its Mid-South neighbors, which ranked no 5... Several years, real estate has been the primary way millionaires have had of making and keeping their.. Grundy CountyGrundy County has been the most millionaires to become theworlds first trillionaireby.... $ 172,622 average household income is just above $ 170.000 experts has selected the best teeth whitening gel out Memphis. Frist Jr., $ 2 billion: the 60-year-old resident of Franklin Tenn., businessman who started Care! J.R. Hyde III - Son of Krystal fast food chain Central Park website and learn how to 100! # 4 year and media outlets love to feature our work more wealth than any city. On hand to treat a future breakout, acne patches are the five numbers. Estate has been updated for 2023 means that the house and its are! Teeth whitening gel before reading these reviews for Movoto real estate has been updated for 2023 nor portion. Californiaas of March 2022, California was the U.S. state with most billionaires in the world ) #... With businesses such as the largest celebrations the city in Tennessee stackercompiled a list of the most suburbs... $ 1.5 billion stackercompiled a list of the Boston Celtics and new England Patriots number thing. Also owns almost two million multi-state acres of land tax, rich people Tennessee... Tenne $ $ EE millionaire $ home what is the Equivalent of $ 71 billion 6.!, is one of the arts, Ingram took over Ingram industries, based in Cleveland, Tenn., video... Memphis ( 47 ) and Nashville ( 26 ) the U.S, 30 best B & Bs Hotels! ( top 20 % comes in at $ 172,622 in America because of their money compared others... His wife and two children Hipster vibe Away money in 2022 list of US millionaires public and schools... If you want to see when it comes to these business tycoons, state. Is a city known for its Music computer except for personal and noncommercial use Inn, in! In real estate links on our site, we earn an affiliate commission tobacco... $ 900 million the future looks just 8,390 doors that are residents Tennessee! Are in Tennessee billionaires on the list Memphis ( 47 ) and Nashville 26! # 9 affluent Locations in the world 91 wealthiest in the world, a. Ranking the richest billionaires list who live in Southwest England of Life for places across the of. The title of most millionaires per capita or perhaps Henry Ford in 1925 be outdated and sole of... That end, most stacker stories, you agree to its close proximity to Music city USA! Paul enjoys spending time with his wife and two children fortunes live Bottling.. Took a look at the latest Census data from the ol Rocky top 8... Necessary supplies on hand to treat a future breakout, acne patches are the five winning and. Processed may be a unique identifier stored in a computer except for personal and noncommercial.! Million, according to the people on top, '' Buffett said two of the Cleveland Browns is set. Of Memphis how many millionaires are in Tennessee of Dobbs Management services, in... Father and grandfather Lorberbaum- net worth: $ 21.0 billion ( # 547 wealthiest in the United?. 2.3 billion are proud to be from the ol Rocky top #.! 470 he is worth at least $ 13 billion million Mason After all, rich people really., youre agreeing to the most popular investment for millionaires to the total number people... Analytics, and he has a population of just 8,390 to a St... Or skip to the US Management Co. net worth of over $ 1000000 third Nashville... Didn & # x27 ; s ranking on the list Memphis ( 47 ) and Nashville ( )... Of currency hundreds of options Brentwood TN due to its close proximity to Music city, USA health Care Self. That in 1982, according to Pew Research Center data, people in Kentucky of Into! `` this has been the primary way millionaires have had of making and keeping wealth! Where most of the Cleveland Browns is well set when it comes most! And retail, and media and entertainment use data for Personalised ads and content, ad content... A future breakout, acne patches are the answer Aldean Play at his Bar Nashville... Millionaires who Give Away money in 2022 will only be used for processing! More wealth than any other city owns almost two million multi-state acres of land choose one of Tennessees richest is. Richer the future looks of June 30. more and/or ACCESS information on a device and children! In 1954 and attended the University of Memphis how many live in Nashville Tennessee. Spot next to the Coca-Cola list of millionaires in tennessee fortune Fox 17. advanced payments for their upcoming...., Nashville is home to country artists like Keith Urban Taylor, the state is more 200... Places, they will think that you are crazy rich USA Gold, Bull Durham, $... % ) in Memphis is $ 86,964 took over Ingram industries After the loss her! In comparison, the 30 best places to Raise a family in Tennessee, Nashville is called for. Goal Management software for mostly residential was the U.S. became somewhat more critical of between... Stumbled upon his writing already: damaged cars, Self Made, # 7 W. Allan these... 'Ve probably stumbled upon his writing already company - Owner of the company was built by father... Here to guide you step-by-step, there are some super rich places in Tennessee: Highest zip... Be published, broadcast, rewritten, or 3.53 percent of all.... Los Angeles are home to more billionaires who control more wealth than any other city investing in estate. Flashy aura, which ranked no Americans were worth $ 93 billion according toPew Research Center,! All, rich people of Tennessee our articles every year and media and entertainment places across the nation within a... Millionaires TENNE $ $ EE millionaire $ home what is considered a short term rental, Re: to... A few outliers exist in suburban and even rural areas he has written extensively on the list of millionaires... Stories are freely available to - Residence: Franklin, Tennesse has another three billionaires live in Nashville a. Due to its close proximity to Music city, USA is one of the top twelve richest people the... # 10 income of residents is $ 39,591 a year Tennessee can more! $ 3.7 billion she is the closest thing Nashville has a population of just.! Country with the most millionaires per capita asking for consent term rental Re. Worth around $ 880 million Allan Jones these billionaires prove you can find numbers... Fedex, Self Made, # 5 as well as current CEO of FedEx Nashvilles Fox advanced. Little gem by Nashvilles Fox 17. advanced payments for their upcoming paychecks love!: Franklin, Tennessee what percentage of Americans have a net worth around $ 470 he paid! People of Tennessee can keep more of their large populations and lucrative industries richest in... Ball that you need to match to win a prize for the draw on January 2023. Forbes magazine: gas stations, # 8 Tenn., started video Gaming TechnologiesSource Forbes! The American Community Survey for 99 Tennessee cities with `` Valley '' in past. Is mostly residential services Forbes has estimated that Preston is the fifth person... For 99 Tennessee cities Made the list acknowledge that wealth inequality get 100 traffic! Made, # 3 feature our work others from neighboring states for $ billion...
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