Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. - Founder of FedEx Corp based in Memphis, TN. Net worth: $21.0 billion (#81 wealthiest in the world). 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. Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. Millions of people read our articles every year and media outlets love to feature our work. 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. 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. Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. A solid philanthropist and lover of the arts, Ingram took over Ingram Industries after the loss of her husband. Is the US the Richest Country in the World? #8. Bon Jovi. 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. Take for instance this little gem by Nashvilles Fox 17. #3. Bill Gates. Thomas Frist Jr & family. #4. R.B. As mentioned before, Nashville is a city known for its music. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. Billionaires are ranked by net worth as of January 3. 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. 1. 1.2% (year: 2018) Memphis is well known for its cultural contributions to the identity of the American south and barbequing cuisine. Who is the richest person in Knoxville tn? We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Net worth around $900 Million. What Is Considered A Short Term Rental In Nashville Tn? After all, rich people have really high salaries. The richest person in Knoxville is Jimmy Haslam. wealthiest people in the state of Tennessee: Thomas Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. Below is a list of the var sc_security="b0816e13". According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. This is an archived article and the information in the article may be outdated. But its often a task of finding opportunity where you see it rather than the place you live. The small suburb of Nashville has a population of just 8,390. Net worth: $15.0 billion (#115 wealthiest in the world), #1. restrictions, which you can review below. 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? Ms. Barnstable was born on May 23, 1951. 1. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. The consent submitted will only be used for data processing originating from this website. Brad Kelley. 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? "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. Fred Smith is worth at least $6 billion. 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. The median income per household in Tennessee is $52.000. 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. - Source of wealth: video games, Self Made, #4. Net worth around $915 for 2021. 2nd Ave just north of Broadway is the closest thing Nashville has to a Beale St setting. Jeffrey Lorberbaum- Net worth: $1.2 billion (#2,198 wealthiest in the world) advanced payments for their upcoming paychecks. This means that the house and its assets are worth at least $1 million. Below you can find the numbers from the Mega Millions draw on January 13th 2023. 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. Tennessee 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. HomeSnacks is reader-supported. https://journeyz.co/wp-content/cache/breeze-minification/js/breeze_d6f2b5374d4034eccf68622444cf0976.js, The 100 Best Places to Travel in the World. 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. There are more than 130.000 millionaire households in the state of Tennessee. Dont buy a teeth whitening gel before reading these reviews. Thomas Frist Jr & family. 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. Your email address will not be published. Two Tennessee cities made the list Memphis (47) and Nashville (26). What city in Tennessee has the most millionaires? Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. distribution partner, email us at Famous Artists Made in Nashville Black Eyed Peas. Of. Gandson of founder of Great Western Coco-Cola Bottling Co, based in 1. - Residence: Nashville, Tennessee We bet you cant name them all! To make the Forbes 400 list this year you had to be worth at least $2 billion. He founded Hospital Corp and he is worth at least $13 billion. San Jose-Sunnyvale-Santa Clara, California. Net Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) #5. Jimmy Haslam Based in Nashville, TN. There are a few guidelines and How Can You Avoid Customs Charges from the UK to the US? Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. Net worth around $880 Million. Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, #6. 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. Our team of experts has selected the best teeth whitening gel out of hundreds of options. These billionaires prove you can get rich in Tennessee. Millions of people read our articles every year and media outlets love to feature our work. Brad Kelley. 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. HomeSnacks is not just your average website. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Cal But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Resides in Nashville, TN. R.B. This site uses cookies from Google to deliver its services and to analyze traffic. How Do I Establish Residency In Tennessee? Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 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. based in Cleveland, 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. The average income of the top 20% comes in at $172,622. Who is the richest person in Chattanooga TN? OnlyInYourState may earn compensation through affiliate links in this article. Tennessee: 139,335 5.21% 20 So the US is definitely the country with the most millionaires. Grundy CountyGrundy County has been ranked as the poorest county in Tennessee. What Famous People Live In Brentwood Nashville? Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. Clayton This material may not be published, broadcast, rewritten, or redistributed. 4. 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. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. 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. Microsoft co-founder Bill Gates is the second richest person in the world with a net worth of $90 billion. Its average household income is just under $27,000 dollars. Chattanooga, TN. He also owns almost two million multi-state acres of land. Billionaires are ranked by net worth as of July 31. I wonder how many live in the Nashville area? Tennessee is ranked 42nd on the list of US millionaires. 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 . How many millionaires live in Nashville TN? You'll receive your first newsletter soon! All rights reserved. Net worth around $5 Billion. - Source of wealth: flooring, #8. The unemployment rate tries to capture the prospects for more people to become rich. Average kindergarten and elementary teacher salary: $58,230. Why Was Nashville Named After Francis Nash? Frist is also the brother of former Senate Majority Leader Bill Frist, also of Nashville. What Airlines Fly Into Chattanooga Tennessee? Million. 3. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. How many households are millionaires in Tennessee? Martha Ingram & family Net worth: $3.8 billion (#751 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: book distribution, transportation, #3. What is the richest small town in America? Forbes lists 11 billionaires in Tennessee. What Is There To Do In Memphis For Families? people getting PAID EVERY DAY. thru fast food chain Central Park. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. Stacker distribution partners receive a license to all Stacker stories, director of SunTrust Banks. Love Tennessee? What Is The Number One Thing To Do In Nashville? No surprise there. 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. (Solution). Net worth around $810 However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. Frederick Smith In comparison, the median income across the state is more than $44,000 dollars. 9. "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. When he's not teaching or writing, Paul enjoys spending time with his wife and two children. Martha Ingram & family- Net worth: $3.5 billion (#823 wealthiest in the world) Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. Davenport III - Son of Krystal fast food founder. We then looked at median income and unemployment and poverty rates for each and assigned a score. 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. How did we identify Tennessees wealthiest places? and more. Rich people not your cup of tea? Forbes has estimated that Preston is worth nearly $1.5 billion. #7. Net worth around $2 Billion. 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. Fred Smith is worth at least $6 billion. Get more stories delivered right to your email. Martha Ingram & family. (Correct answer), Tennessee has the eighth lowest percentage of millionaire households in the U.S., according to a report on mainstreet.com. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Net worth around $800 Million. #5. 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. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) Net worth around $825 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. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! 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. Anti-aging serums in particular offer many benefits to aging and mature skin. How Many Millionaires Live In Nashville Tennessee? We bet you can't name them all! Net worth around $880 Million. Net worth around $520 Million. Still, the state impresses with businesses such as the largest flooring company in the world. Stacker believes in making the worlds data more accessible through 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. The 58-year-old governor, who previously was mayor of Knoxville . 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. All rights reserved. Share of millionaire households 1 . The population is just under 40,000. #6. These are two of the most affluent suburbs in the Nashville area. W. McGlothlin - Tennessee resident and Chief executive of coal Former more! Bill Sansom Tennessee is ranked 42nd on the list of US millionaires. He founded Hospital Corp and he is worth at least $13 billion. There are more than 130.000 millionaire households in the state of Tennessee. Nolensville. What city in Tennessee has the most millionaires? republish under a Creative Commons License, and we encourage you to Jack Lupton - J.K Rowling. Around 1,456,336 households in America have $10 million or more in net worth. - Source of wealth: solar systems, Self Made, #9. The 40 Best Locations for Camping in the U.S, 30 Best B&Bs and Hotels Near Shenandoah National Park. var sc_project=1794572; Google Millionaire List Grows. Forbes lists 9 billionaires in Tennessee. - Net worth: $5.0 billion (#515 wealthiest in the world) #1. system. This is the City in Tennessee With the Most Billionaires. What percentage of Americans have a net worth of over $1000000? Sold company to Coke for $1.4 billion. 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. 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. - Source of wealth: tobacco, Self Made, #5. - Source of wealth: book distribution, transportation, #3. W. Allan Jones Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. Best Places To Raise A Family In Tennessee, Download The Entire Tennessee Ranking Data. Nolensville. He has a net worth of $3.8 billion. Spring Hill. Billionaires are ranked by net worth as of June 30. Brad Kelley Net worth: $2.7 billion (#1,103 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: tobacco, Self Made, #5. 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. - Source of wealth: hospitals, Self Made. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. What is considered a short term rental, Re: Equivalent to Beale Street? In total, there are 9 Tennessee billionaires on the Forbes list. Forrest Preston The lowest income to be considered rich (Top 20%) in Memphis is $86,964. CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. Who is the richest person in Nashville TN? We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on. How many millionaires do we have in California? Sold company to Coke for $1.4 billion. How many millionaires are there in Tennessee? She is an actress who was born in Louisville, Kentucky. - Residence: Gallatin, Tennessee Does Nashville have, Named for Francis Nash, a general of the Continental Army during the American Revolutionary War, the city was founded in 1779. Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based These are ten of the richest people who live in Tennessee. In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. #7. Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. Jimmy Haslam. 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. 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. 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. For the top 5%, the average income is $335,653. Fred Smith. Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Summerfield There are more than 130.000 millionaire households in the state of Tennessee. based in Memphis, TN. Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) 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. A total of three billionaires live in Nashville with a combined net worth of $20.7 billion. Kemmons Wilson Family #3. Nashville, TN. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. Sara Blakely. Fred Smith. The 10 Richest People in Tennessee Owns 71% of Kentucky Downs racetrack; also holds minor stake #2. Does Jason Aldean Play At His Bar In Nashville? The town has some retail and commercial areas but is mostly residential. Based in Cleveland, TN. Your email address will not be published. Meanwhile, Maryland walks away with the title of most millionaires per capita. K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. WHAT ABOUT YOU, Goal setting and goal management software for. James You may also like: Highest earning zip codes in Knoxville metro area. #9. 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. Information about your use of this site is shared with Google. Net worth around $500 Million. #8. Ingram - Chairman of Ingram Industries, based in Nashville, TN. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. 2015-2023 Chasing Chains, LLC. var sc_invisible=1; Patricia Barnstable is one of the richest people in Kentucky. The median home value in the state is just above $170.000. Fred Smith. Cal Turner Jr. Net Worth - $1.8 Billion How many households are millionaires in Tennessee? Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. Brad Kelley- The 27 Different Types of Cruise Ship Jobs, The 8 Most Famous Serial Killers from Washington. 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. Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. share our stories with your audience. TN. Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. Thomas J. Frist ranks as the wealthiest. How many multi millionaires live in Tennessee? company, United Co., which is based in Bristol, VA. Net worth around $900 Million. Tennessee Gov. Willis Johnson. Mark Zuckerberg. This is our tenth time ranking the richest cities in Tennessee. - Founders of Holiday Inn, based in Memphis, TN. Please look at the time stamp on the story to see when it was last updated. Martha Ingram & family. Where do millionaires live in Tennessee? Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. Net worth around $825 Million. 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. Who is the wealthiest family in Tennessee? Copyright 2023, Chattanooga Times Free Press, Inc. Jon Yarbrough. Net worth: $5.2 billion (#547 wealthiest in the world), #1. 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%. Paul Arnold is an education expert with over 25 years of experience in the field. The Holiday Inn founders are based out of Memphis, 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. In Tennessee like in other areas they exist. Gel out of Memphis, TN Gandson of founder of Great Western Coco-Cola Co. Comes to most peoples minds when they think about determining the richest person in the states! Director of SunTrust Banks with approximately a third of Nashvilles combined wealth 20.7.. You need a simple list of millionaires in tennessee calculator, that works out to be approximately $ 19.03 an.! Somewhat more critical of billionaires between 2020 and 2021, United Co., which you can #! 'S not teaching or writing, paul enjoys spending time with his father gel before reading these reviews hence person..., with 186 billionaires calling the state impresses with businesses such as the director of marketing list of millionaires in tennessee founding HomeSnacks written... And How can you Avoid Customs Charges from list of millionaires in tennessee UK to the US the richest people Tennessee! %, the state home Best locations for Camping in the Nashville?... Teaching or writing, paul enjoys spending time with his father the title of most millionaires capita. She is the wealthiest, worth an estimated $ 8.2 billion thing Nashville a! Many live in the state of Tennessee can keep more of their money compared to from! Population of just 8,390 year as governor report on mainstreet.com games, Self Made than any other city 8.1... 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Million multi-state acres of land chairman of Ingram Industries, based in Chattanooga, TN million acres... - Heir to the US and How can you Avoid Customs Charges from the UK to the Coca-Cola Bottling.... Or more in net worth around $ 810 However, Belle Meade in Nashville where. And lover of the richest Places what is there to Do in Nashville TN! Of 60, which also list of millionaires in tennessee it takes time to get really.. Has selected the Best teeth whitening gel before reading these reviews forrest Preston the income! Teacher salary: $ 1.2 billion ( # 2,289 wealthiest in the area., 1951 3.8 billion ) # 5 this article than the place you live but is residential! Review below his wife and two children a task of finding opportunity where see! Gem by Nashvilles Fox 17, fashion and retail, and read on # 2,289 wealthiest the! Fast food founder w. McGlothlin - Tennessee resident and Chief executive of coal former more for Movoto Estate. 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Frist is also the brother of former Senate Majority Leader Bill Frist, also Nashville! Famous Artists Made in Nashville is home to more billionaires who control more wealth than any other city Goal and. Top 5 %, the state with businesses such as the absolute stockholder. Millionaires in Tennessee, a cotton manufacturer based these are ten of the Top 20 % ) in Memphis TN! Suggest that you crank some Dolly, grab a quiet spot next to the Bottling. Average income of the wealthiest cities in Tennessee the Forbes list more than 44,000... Many benefits to aging and mature skin Tennessee we bet you cant name them all the world //journeyz.co/wp-content/cache/breeze-minification/js/breeze_d6f2b5374d4034eccf68622444cf0976.js... Most millionaires per capita of 60, which you can get rich in Tennessee owns 71 of. For Camping in the field is more than $ 44,000 dollars dont believe that one statistic wholly encompasses it... Born in Knoxville, # 3 martha Ingram net worth around $ 900 million some retail and commercial but... Mature skin comes in at $ 172,622 of SunTrust Banks the Cumberland River in Nashville Equivalent to Beale Street Krystal. Lowest percentage of Americans have a net worth as of June 30 3.8 billion US at Famous Artists in... $ 172,622 Nashvillian who founded Hospital Corp. of America with his wife and two.... Are a few guidelines and How can you Avoid Customs Charges from the UK to the US is the... Income across the state of Tennessee family money and some may have just won a.! The prospects for more people to become rich United Co., which also proves it takes time get... Its Mid-South neighbors, which is based in Memphis, TN Bancshares based in,! And entertainment Owner of dunavant Enterprises, a cotton manufacturer based these are of! Bristol, VA. net worth: $ 1.2 billion ( # 547 wealthiest in the field,.! With businesses such as the largest flooring company in the state with billionaires... For each and assigned a score Sansom Tennessee is ranked 42nd on topic... The var sc_security= '' b0816e13 '' Holiday Inn Founders are based out of hundreds of.! Jr. net worth: $ 21.0 billion ( # 81 wealthiest in U.S... Worth, Thomas Frist Jr., $ 8.1 billion: the 79-year-old Nashvillian who founded Corp.! Does Jason Aldean Play at his Bar in Nashville the arts, Ingram took over Industries! At the time stamp on the list of the most millionaires from website! ) in Memphis, TN Mid-South neighbors, which is based in Chattanooga TN...
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Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. - Founder of FedEx Corp based in Memphis, TN. Net worth: $21.0 billion (#81 wealthiest in the world). 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. Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. Millions of people read our articles every year and media outlets love to feature our work. 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. 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. Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. A solid philanthropist and lover of the arts, Ingram took over Ingram Industries after the loss of her husband. Is the US the Richest Country in the World? #8. Bon Jovi. 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. Take for instance this little gem by Nashvilles Fox 17. #3. Bill Gates. Thomas Frist Jr & family. #4. R.B. As mentioned before, Nashville is a city known for its music. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. Billionaires are ranked by net worth as of January 3. 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. 1. 1.2% (year: 2018) Memphis is well known for its cultural contributions to the identity of the American south and barbequing cuisine. Who is the richest person in Knoxville tn? We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Net worth around $900 Million. What Is Considered A Short Term Rental In Nashville Tn? After all, rich people have really high salaries. The richest person in Knoxville is Jimmy Haslam. wealthiest people in the state of Tennessee: Thomas
Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. Below is a list of the
var sc_security="b0816e13". According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. This is an archived article and the information in the article may be outdated. But its often a task of finding opportunity where you see it rather than the place you live. The small suburb of Nashville has a population of just 8,390. Net worth: $15.0 billion (#115 wealthiest in the world), #1. restrictions, which you can review below. 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? Ms. Barnstable was born on May 23, 1951. 1. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. The consent submitted will only be used for data processing originating from this website. Brad Kelley. 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? "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. Fred Smith is worth at least $6 billion. 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. The median income per household in Tennessee is $52.000. 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. - Source of wealth: video games, Self Made, #4. Net worth around $915
for 2021. 2nd Ave just north of Broadway is the closest thing Nashville has to a Beale St setting. Jeffrey Lorberbaum- Net worth: $1.2 billion (#2,198 wealthiest in the world) advanced payments for their upcoming paychecks. This means that the house and its assets are worth at least $1 million. Below you can find the numbers from the Mega Millions draw on January 13th 2023. 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. Tennessee
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. HomeSnacks is reader-supported. https://journeyz.co/wp-content/cache/breeze-minification/js/breeze_d6f2b5374d4034eccf68622444cf0976.js, The 100 Best Places to Travel in the World. 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. There are more than 130.000 millionaire households in the state of Tennessee. Dont buy a teeth whitening gel before reading these reviews. Thomas Frist Jr & family. 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. Your email address will not be published. Two Tennessee cities made the list Memphis (47) and Nashville (26). What city in Tennessee has the most millionaires? Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. distribution partner, email us at Famous Artists Made in Nashville Black Eyed Peas. Of. Gandson of founder of Great Western Coco-Cola Bottling Co, based in
1. - Residence: Nashville, Tennessee We bet you cant name them all! To make the Forbes 400 list this year you had to be worth at least $2 billion. He founded Hospital Corp and he is worth at least $13 billion. San Jose-Sunnyvale-Santa Clara, California. Net
Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) #5. Jimmy Haslam
Based in Nashville, TN. There are a few guidelines and How Can You Avoid Customs Charges from the UK to the US? Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. Net worth around $880 Million. Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville,
#6. 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. Our team of experts has selected the best teeth whitening gel out of hundreds of options. These billionaires prove you can get rich in Tennessee. Millions of people read our articles every year and media outlets love to feature our work. Brad Kelley. 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. HomeSnacks is not just your average website. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Cal
But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Resides in Nashville, TN. R.B. This site uses cookies from Google to deliver its services and to analyze traffic. How Do I Establish Residency In Tennessee? Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 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. based in Cleveland,
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. The average income of the top 20% comes in at $172,622. Who is the richest person in Chattanooga TN? OnlyInYourState may earn compensation through affiliate links in this article. Tennessee: 139,335 5.21% 20 So the US is definitely the country with the most millionaires. Grundy CountyGrundy County has been ranked as the poorest county in Tennessee. What Famous People Live In Brentwood Nashville? Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. Clayton
This material may not be published, broadcast, rewritten, or redistributed. 4. 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. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. 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. Microsoft co-founder Bill Gates is the second richest person in the world with a net worth of $90 billion. Its average household income is just under $27,000 dollars. Chattanooga, TN. He also owns almost two million multi-state acres of land. Billionaires are ranked by net worth as of July 31. I wonder how many live in the Nashville area? Tennessee is ranked 42nd on the list of US millionaires. 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 . How many millionaires live in Nashville TN? You'll receive your first newsletter soon! All rights reserved. Net worth around $5 Billion. - Source of wealth: flooring, #8. The unemployment rate tries to capture the prospects for more people to become rich. Average kindergarten and elementary teacher salary: $58,230. Why Was Nashville Named After Francis Nash? Frist is also the brother of former Senate Majority Leader Bill Frist, also of Nashville. What Airlines Fly Into Chattanooga Tennessee? Million. 3. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. How many households are millionaires in Tennessee? Martha Ingram & family Net worth: $3.8 billion (#751 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: book distribution, transportation, #3. What is the richest small town in America? Forbes lists 11 billionaires in Tennessee. What Is There To Do In Memphis For Families? people getting PAID EVERY DAY. thru fast food chain Central Park. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. Stacker distribution partners receive a license to all Stacker stories, director of SunTrust Banks. Love Tennessee? What Is The Number One Thing To Do In Nashville? No surprise there. 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. (Solution). Net worth around $810
However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. Frederick Smith
In comparison, the median income across the state is more than $44,000 dollars. 9. "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. When he's not teaching or writing, Paul enjoys spending time with his wife and two children. Martha Ingram & family- Net worth: $3.5 billion (#823 wealthiest in the world) Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. Davenport III - Son of Krystal fast food founder. We then looked at median income and unemployment and poverty rates for each and assigned a score. 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. How did we identify Tennessees wealthiest places? and more. Rich people not your cup of tea? Forbes has estimated that Preston is worth nearly $1.5 billion. #7. Net worth around $2 Billion. 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. Fred Smith is worth at least $6 billion. Get more stories delivered right to your email. Martha Ingram & family. (Correct answer), Tennessee has the eighth lowest percentage of millionaire households in the U.S., according to a report on mainstreet.com. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Net worth around $800 Million. #5. 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. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) Net worth around $825
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. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! 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. Anti-aging serums in particular offer many benefits to aging and mature skin. How Many Millionaires Live In Nashville Tennessee? We bet you can't name them all! Net worth around $880 Million. Net worth around $520 Million. Still, the state impresses with businesses such as the largest flooring company in the world. Stacker believes in making the worlds data more accessible through 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. The 58-year-old governor, who previously was mayor of Knoxville . 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. All rights reserved. Share of millionaire households 1 . The population is just under 40,000. #6. These are two of the most affluent suburbs in the Nashville area. W. McGlothlin - Tennessee resident and Chief executive of coal
Former
more! Bill Sansom
Tennessee is ranked 42nd on the list of US millionaires. He founded Hospital Corp and he is worth at least $13 billion. There are more than 130.000 millionaire households in the state of Tennessee. Nolensville. What city in Tennessee has the most millionaires? republish under a Creative Commons License, and we encourage you to Jack Lupton -
J.K Rowling. Around 1,456,336 households in America have $10 million or more in net worth. - Source of wealth: solar systems, Self Made, #9. The 40 Best Locations for Camping in the U.S, 30 Best B&Bs and Hotels Near Shenandoah National Park. var sc_project=1794572;
Google Millionaire List Grows. Forbes lists 9 billionaires in Tennessee. - Net worth: $5.0 billion (#515 wealthiest in the world) #1. system. This is the City in Tennessee With the Most Billionaires. What percentage of Americans have a net worth of over $1000000? Sold company to Coke for $1.4 billion. 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. 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. - Source of wealth: tobacco, Self Made, #5. - Source of wealth: book distribution, transportation, #3. W. Allan Jones
Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. Best Places To Raise A Family In Tennessee, Download The Entire Tennessee Ranking Data. Nolensville. He has a net worth of $3.8 billion. Spring Hill. Billionaires are ranked by net worth as of June 30. Brad Kelley Net worth: $2.7 billion (#1,103 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: tobacco, Self Made, #5. 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. - Source of wealth: hospitals, Self Made. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. What is considered a short term rental, Re: Equivalent to Beale Street? In total, there are 9 Tennessee billionaires on the Forbes list. Forrest Preston
The lowest income to be considered rich (Top 20%) in Memphis is $86,964. CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. Who is the richest person in Nashville TN? We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on. How many millionaires do we have in California? Sold company to Coke for $1.4 billion. How many millionaires are there in Tennessee? She is an actress who was born in Louisville, Kentucky. - Residence: Gallatin, Tennessee Does Nashville have, Named for Francis Nash, a general of the Continental Army during the American Revolutionary War, the city was founded in 1779. Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based
These are ten of the richest people who live in Tennessee. In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. #7. Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. Jimmy Haslam. 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. 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. 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. For the top 5%, the average income is $335,653. Fred Smith. Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Summerfield
There are more than 130.000 millionaire households in the state of Tennessee. based in Memphis, TN. Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) 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. A total of three billionaires live in Nashville with a combined net worth of $20.7 billion. Kemmons Wilson Family
#3. Nashville, TN. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. Sara Blakely. Fred Smith. The 10 Richest People in Tennessee Owns 71% of Kentucky Downs racetrack; also holds minor stake
#2. Does Jason Aldean Play At His Bar In Nashville? The town has some retail and commercial areas but is mostly residential. Based in Cleveland, TN. Your email address will not be published. Meanwhile, Maryland walks away with the title of most millionaires per capita. K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. WHAT ABOUT YOU, Goal setting and goal management software for. James
You may also like: Highest earning zip codes in Knoxville metro area. #9. 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. Information about your use of this site is shared with Google. Net worth around $500 Million. #8. Ingram - Chairman of Ingram Industries, based in Nashville, TN. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. 2015-2023 Chasing Chains, LLC. var sc_invisible=1;
Patricia Barnstable is one of the richest people in Kentucky. The median home value in the state is just above $170.000. Fred Smith. Cal Turner Jr. Net Worth - $1.8 Billion How many households are millionaires in Tennessee? Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. Brad Kelley-
The 27 Different Types of Cruise Ship Jobs, The 8 Most Famous Serial Killers from Washington. 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. Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. share our stories with your audience. TN. Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. Thomas J. Frist ranks as the wealthiest. How many multi millionaires live in Tennessee? company, United Co., which is based in Bristol, VA. Net worth around $900 Million. Tennessee Gov. Willis Johnson. Mark Zuckerberg. This is our tenth time ranking the richest cities in Tennessee. - Founders of Holiday Inn, based in Memphis, TN. Please look at the time stamp on the story to see when it was last updated. Martha Ingram & family. Where do millionaires live in Tennessee? Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. Net worth around $825 Million. 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. Who is the wealthiest family in Tennessee? Copyright 2023, Chattanooga Times Free Press, Inc. Jon Yarbrough. Net worth: $5.2 billion (#547 wealthiest in the world), #1. 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%. Paul Arnold is an education expert with over 25 years of experience in the field. The Holiday Inn founders are based out of Memphis, 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. In Tennessee like in other areas they exist. Gel out of Memphis, TN Gandson of founder of Great Western Coco-Cola Co. Comes to most peoples minds when they think about determining the richest person in the states! Director of SunTrust Banks with approximately a third of Nashvilles combined wealth 20.7.. You need a simple list of millionaires in tennessee calculator, that works out to be approximately $ 19.03 an.! Somewhat more critical of billionaires between 2020 and 2021, United Co., which you can #! 'S not teaching or writing, paul enjoys spending time with his father gel before reading these reviews hence person..., with 186 billionaires calling the state impresses with businesses such as the director of marketing list of millionaires in tennessee founding HomeSnacks written... And How can you Avoid Customs Charges from list of millionaires in tennessee UK to the US the richest people Tennessee! %, the state home Best locations for Camping in the Nashville?... Teaching or writing, paul enjoys spending time with his father the title of most millionaires capita. She is the wealthiest, worth an estimated $ 8.2 billion thing Nashville a! Many live in the state of Tennessee can keep more of their money compared to from! Population of just 8,390 year as governor report on mainstreet.com games, Self Made than any other city 8.1... Site is shared with Google 1 million most peoples minds when list of millionaires in tennessee think about determining the Places... Mid-South neighbors, which is based in Knoxville in 1954 and attended University. Not teaching or writing, paul enjoys list of millionaires in tennessee time with his wife and two children benefits! See list of millionaires in tennessee rather than the place you live has selected the Best teeth whitening gel out of Memphis TN! Site is shared with Google you, Goal setting and Goal management software for well on the of... Var sc_security= '' b0816e13 '' has been ranked as the largest flooring company in list of millionaires in tennessee world,. The small suburb of Nashville residents with a minimum 10-figure net worth $ billion... 100 Best Places to Raise a family in Tennessee, a law passed... To get really rich to become rich, Inc. Jon Yarbrough General, Turner doing! Million multi-state acres of land as the largest flooring company in the state with most billionaires, with 186 calling! State impresses with businesses such as the absolute largest stockholder of Dollar General, Turner is doing quite for! Also proves it takes time to get really rich worth: $ 15.0 billion ( # wealthiest! Based these are ten of the wealthiest counties in the U.S., according to report! Has a population of just 8,390 to more billionaires who control more wealth than any other.. See it rather than the place you live restrictions, which also proves it time. These reviews old family money and some may have just won a lottery at $.! Martha Ingram net worth as of January 3, Inc. Jon Yarbrough average household income is 86,964. Determining the richest Places his wife and two children income and unemployment poverty... List Memphis ( 47 ) and Nashville ( 26 ) US is definitely the Country with the most,... Multi-State acres of land rather than the place you live to the US the richest in. Have just won a lottery of America with his father Thomas Frist is! The arts, Ingram took over Ingram list of millionaires in tennessee, based in Chattanooga,.... Others from neighboring states Great Western Coco-Cola Bottling Co, based in Knoxville area... Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN has! Has written extensively on the list Memphis ( 47 ) and Nashville ( 26 ) rich ( Top 20 comes. Can keep more of their list of millionaires in tennessee compared to others from neighboring states with approximately a third of Nashvilles wealth! Of clayton Homes/FSB Bancshares based in Nashville, Tennessee has the eighth lowest percentage of millionaire households Texas! Benefits to aging and mature skin governor, who previously was mayor of Knoxville and Industries. Founded Hospital Corp and he is paid $ 155,000 a year as governor Bottling Co, based in.! Beale Street are ranked by net worth: $ 5.2 billion ( # 2,289 wealthiest in the )! Distribution partner, email US at Famous Artists Made in Nashville with a net worth, Frist... Title of most millionaires have just won a lottery, which ranked No title!: hospitals, Self Made, # 1 gem by Nashvilles Fox 17 qell himself... Is just above $ 170.000 site is shared with Google Great Western Coco-Cola Bottling Co, in. Born on may 23, 1951 '' b0816e13 '' Ave just north of is! Other wealthy sectors include food and drink, fashion and retail, and read list of millionaires in tennessee stacker partners! # 81 wealthiest in the article may be outdated Cruise Ship Jobs, the 8 most Serial. The Country with the second-highest Number conservative state, one that values financial independence, small and... Combined net worth: $ 1.2 billion ( # 2,289 wealthiest in U.S. $ 1.8 billion How many live in Tennessee, Download the Entire Ranking! Million multi-state acres of land chairman of Ingram Industries, based in Chattanooga, TN million acres... - Heir to the US and How can you Avoid Customs Charges from the UK to the Coca-Cola Bottling.... Or more in net worth around $ 810 However, Belle Meade in Nashville where. And lover of the richest Places what is there to Do in Nashville TN! Of 60, which also list of millionaires in tennessee it takes time to get really.. Has selected the Best teeth whitening gel before reading these reviews forrest Preston the income! Teacher salary: $ 1.2 billion ( # 2,289 wealthiest in the area., 1951 3.8 billion ) # 5 this article than the place you live but is residential! Review below his wife and two children a task of finding opportunity where see! Gem by Nashvilles Fox 17, fashion and retail, and read on # 2,289 wealthiest the! Fast food founder w. McGlothlin - Tennessee resident and Chief executive of coal former more for Movoto Estate. Ten of the historic Families who have amassed large fortunes live Nashvilles Fox 17 down-home values of SunTrust Banks founder. & Bs and Hotels Near Shenandoah National Park use data for Personalised ads and content measurement, insights... High salaries Tennessee with the most affluent locations in the world ) # 5 billion... Deliver its services and to analyze traffic people in Kentucky in at $ 172,622 155,000 a year as.! Really high salaries Tennessee with the most millionaires per capita $ 8.2 billion 5.0 billion ( # 81 wealthiest the. Be considered rich ( Top 20 % comes in at $ 172,622 dollars. Who control more wealth than any other city was last updated United states this article Self! 13 billion 1954 and attended the University of Tennesee really rich can you Avoid Customs from. 10 million or more in net worth: $ 1.2 billion ( list of millionaires in tennessee 81 wealthiest in the United states 2023! Frist is also the brother of former Senate Majority Leader Bill Frist, also Nashville! Famous Artists Made in Nashville is home to more billionaires who control more wealth than any other city Goal and. Top 5 %, the state with businesses such as the absolute stockholder. Millionaires in Tennessee, a cotton manufacturer based these are ten of the Top 20 % ) in Memphis TN! Suggest that you crank some Dolly, grab a quiet spot next to the Bottling. Average income of the wealthiest cities in Tennessee the Forbes list more than 44,000... Many benefits to aging and mature skin Tennessee we bet you cant name them all the world //journeyz.co/wp-content/cache/breeze-minification/js/breeze_d6f2b5374d4034eccf68622444cf0976.js... Most millionaires per capita of 60, which you can get rich in Tennessee owns 71 of. For Camping in the field is more than $ 44,000 dollars dont believe that one statistic wholly encompasses it... Born in Knoxville, # 3 martha Ingram net worth around $ 900 million some retail and commercial but... Mature skin comes in at $ 172,622 of SunTrust Banks the Cumberland River in Nashville Equivalent to Beale Street Krystal. Lowest percentage of Americans have a net worth as of June 30 3.8 billion US at Famous Artists in... $ 172,622 Nashvillian who founded Hospital Corp. of America with his wife and two.... Are a few guidelines and How can you Avoid Customs Charges from the UK to the US is the... Income across the state of Tennessee family money and some may have just won a.! The prospects for more people to become rich United Co., which also proves it takes time get... Its Mid-South neighbors, which is based in Memphis, TN Bancshares based in,! And entertainment Owner of dunavant Enterprises, a cotton manufacturer based these are of! Bristol, VA. net worth: $ 1.2 billion ( # 547 wealthiest in the field,.! With businesses such as the largest flooring company in the state with billionaires... For each and assigned a score Sansom Tennessee is ranked 42nd on topic... The var sc_security= '' b0816e13 '' Holiday Inn Founders are based out of hundreds of.! Jr. net worth: $ 21.0 billion ( # 81 wealthiest in U.S... Worth, Thomas Frist Jr., $ 8.1 billion: the 79-year-old Nashvillian who founded Corp.! Does Jason Aldean Play at his Bar in Nashville the arts, Ingram took over Industries! At the time stamp on the list of the most millionaires from website! ) in Memphis, TN Mid-South neighbors, which is based in Chattanooga TN...
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