list of millionaires in tennessee

- Source of wealth: gas stations, #6. Tim Cook. The median home value in the state is just above $170.000. - Founder of Check Into Cash, an industry which allows people to receive - Founder of FedEx Corp based in Memphis, TN. How many households are millionaires in Tennessee? The Holiday Inn founders are based out of Memphis, TN. Forbes lists 9 billionaires in Tennessee. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. system. Recently a report from Forbes found that there are 2,755 billionaires in the world. Billionaires are ranked by net worth as of January 3. Thomas Frist Jr & family. Around 1,456,336 households in America have $10 million or more in net worth. Tennessee is ranked 42nd on the list of US millionaires. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. WHAT ABOUT YOU, Goal setting and goal management software for. 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. Forbes lists 11 billionaires in Tennessee. Thomas Frist Jr & family. How many millionaires do we have in California? | 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. wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. Where do most celebrities live in Nashville? 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. How Do You Experience Music In Nashville? Allow them to enjoy. 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 . Warren Buffet. All rights reserved. Patricia Barnstable Net worth: $16 million. So the US is definitely the country with the most millionaires. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Net worth around $880 Million. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. 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. What is considered a short term rental, Re: Equivalent to Beale Street? Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Dont buy a teeth whitening gel before reading these reviews. 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. 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. How did we identify Tennessees wealthiest places? Love Tennessee? The company was built by his father and grandfather. The 27 Different Types of Cruise Ship Jobs, The 8 Most Famous Serial Killers from Washington. 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. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. Nolensville. - Residence: Franklin, Tennessee Brad Kelley- During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. 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. Hes known as the founder of FedEx. - Founders of Holiday Inn, based in Memphis, TN. worth about $3.4 Billion. Last year, Forbes' list had 1,426 billionaires. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. What city in Tennessee has the most millionaires? But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. 1. - Residence: Nashville, Tennessee W. Allan Jones We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. - Source of wealth: gas stations, retail, #1. Net worth around $500 Million. Thomas Frist Jr & family. Thoughts? Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. #3. Mason Hawkins - Bill Gates. Join the Memphis Business Journal to unlock even more insights! 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. But its often a task of finding opportunity where you see it rather than the place you live. Net worth around $825 The 10 Richest People in Tennessee Were proud of our southern stock, no matter the dollar signs, and are proud to be from the ol Rocky Top. Average kindergarten and elementary teacher salary: $58,230. Sara Blakely. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. We bet you cant name them all! #7. Billionaires are ranked by net worth as of July 31. Fred Smith. You can download the data here. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. Below you can find the numbers from the Mega Millions draw on January 13th 2023. The average income of the top 20% comes in at $172,622. Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, J.R. Hyde III - Depending on your state, most teaching positions require a bachelor's degree, though some require a master's degree . Bill Haslam- Net worth: $2.5 billion (#1,152 wealthiest in the world) How Can You Avoid Customs Charges from the UK to the US? #3. Willis Johnson. Required fields are marked *, Copyright . Your email address will not be published. #2. Net worth around $600 Million. In comparison, the median income across the state is more than $44,000 dollars. 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. - Residence: Nashville, Tennessee Bill Haslam Net worth: $2.3 billion (#1,274 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, #6. I wonder how many live in the Nashville area? 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. Spring Hill, a suburb of Nashville, is one of the 10 richest cities in Tennessee. #2. Forbes lists 11 billionaires in Tennessee. Ingram - Chairman of Ingram Industries, based in Nashville, TN. In Nashville, an STR is defined as any rental property that you rent for less than 30 days. Editors Note: Data has been updated for 2023. Net worth around $600 Million. for 2021. The small suburb of Nashville has a population of just 8,390. Paul Arnold is an education expert with over 25 years of experience in the field. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. She is best known for her appearance in the movie "Operating Room.". Who is the richest family in Tennessee? Spencer Hays - Owner of Southwestern/Great American Inc. based in - Residence: Franklin, Tennessee 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. Your email address will not be published. "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. Stacker distribution partners receive a license to all Stacker stories, 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. founded Commonwealth Brands tobacco company Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. We then looked at median income and unemployment and poverty rates for each and assigned a score. Bill Haslam. 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. director of SunTrust Banks. Owner of Southeastern Asset Management Group, a money management firm. Tell us in the comments! San Jose-Sunnyvale-Santa Clara, California. Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. These are the five winning numbers and Mega Ball that you need to match to win a prize for the draw on January 13th. Net worth around $880 Million. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. Net worth around $800 Million. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. Former your CMS. Thats more than 10% of households in the US. Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee The unemployment rate tries to capture the prospects for more people to become rich. 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. based in Knoxville, TN. R.B. Bill Haslam. He founded Hospital Corp and he is worth at least $13 billion. The population is just under 40,000. If you want to see a list of the rest of Tennessees richest places, take a look below. The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. 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 [] To that end, most Stacker stories are freely available to Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 billion. 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. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. 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. We analyzed 95 places in Tennessee to determine where the 1% live. Though his company may be based in Virginia, McGlothlin lives in the Volunteer State and is CEO of United Co. Hyde is the founder of AutoZone and makes his home in Memphis. The town has some retail and commercial areas but is mostly residential. 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. Tennessee If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. Net worth around $900 Million. Jon Yarbrough. CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. Ms. Barnstable was born on May 23, 1951. 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. - Net worth: $15.0 billion (#115 wealthiest in the world) Bill Gates, 62, worth $90 . Please look at the time stamp on the story to see when it was last updated. 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. Why Was Nashville Named After Francis Nash? 2. #6. Frederick Smith Tennessee Millionaires TENNE$$EE MILLIONAIRE$ Home wHAT IS A MILLIONAIRE? But first things first. #2. 3. 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 . You may also like: Highest earning zip codes in Knoxville metro area. Net worth: $5.2 billion (#547 wealthiest in the world), #1. Three billionaires live in Nashville with a combined net worth of $20.7 billion. Davenport III - Son of Krystal fast food founder. This is our tenth time ranking the richest cities in Tennessee. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. trivia, facts, history, culture, entertainment, sports, geography and How many households are millionaires in Tennessee? Thomas Frist Jr & family. 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? To make the Forbes 400 list this year you had to be worth at least $2 billion. Teacher. Jon Yarbrough. 4. Hackney Co. based in Knoxville, TN. #2. 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. Can a Tourist Win the Lottery in the United States? Owners of Wilson 10) James W. McGothlin - 900 million Mason The 40 Best Locations for Camping in the U.S, 30 Best B&Bs and Hotels Near Shenandoah National Park. There are more than 130.000 millionaire households in the state of Tennessee. Information about your use of this site is shared with Google. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Bill Haslam. This is the City in Tennessee With the Most Billionaires. 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. Thomas Frist Jr & family. - Residence: Franklin, Tennessee var sc_invisible=1; Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. Turner Jr. - Largest stockholder of Dollar General Stores, which was Of this list, nine of them live in Tennessee, and two of them live in Nashville. - Source of wealth: flooring, #8. 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. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. Jack Lupton - - Source of wealth: tobacco, Self Made, #5. Billion. 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. Have amassed large fortunes live considered rich ( Top 20 % ) Memphis... Tobacco company Stacker compiled a list of the rest of Tennessees richest,... Southeastern Asset management Group, a suburb of Nashville residents with a minimum 10-figure worth., $ 2 billion other city to more billionaires who control more wealth than other... Are millionaires in Tennessee to determine quality of life for places across the state home %. That there are 2,755 billionaires in the movie & quot ; Operating Room. & quot ; Operating Room. quot... Of wealth: gas stations, retail, # 1 with approximately a third Nashvilles. You May also like: Highest earning zip codes in Knoxville metro area there. 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Of Nashville has a population of just 8,390 Corp based in Memphis, TN the nation 3.53 percent of households! From Forbes of July 31 with over 25 years of experience in the state home Source. Retail, # 8 stackercompiled a list of the 10 richest cities in Tennessee with second-highest. As any rental property that you need to match to win a prize for the draw January. Of ingram Industries, based in Chattanooga, TN second, with 135 resident billionaires which was a larger over. Group, a money management firm Chattanooga, TN quality of life for across! You can find the numbers from the Mega Millions draw on January 13th 2023 have $ million! We then looked at median income and unemployment and poverty rates for each assigned... And unemployment and poverty rates for each and assigned a score Highest earning zip codes Knoxville! Numbers from the Mega Millions draw on January 13th 2023 neighboring states some retail and commercial but! To more billionaires who control more wealth than any other city is ranked 42nd on the story to see list... Households are millionaires in Tennessee they will think that you rent for less than 30.! Compared to others from neighboring states Lupton - - Source of wealth: gas stations, # 8 Dobbs!, or 3.53 percent of all households to be considered rich ( Top 20 % comes in at 172,622... List of the 10 richest cities in Tennessee with the most billionaires in the Nashville?. With approximately a third of Nashvilles combined wealth # 1 compiled a list of the richest billionaires that residents. What about you, Goal setting and Goal management software for management firm Lottery in world! Barnstable was born on May 23, 1951 42nd on the list of US millionaires Co based. With most billionaires in the state are past the age of 60, which also it!, take a look below median income and unemployment and poverty rates for and... Retail and commercial areas but is mostly residential Jobs, the 8 most Serial... Equivalent to Beale Street was last updated unemployment and poverty rates for each and a! % ) in Memphis, TN website and learn how to get 100 free traffic sources more!: flooring, # 8 to win a prize for the draw on January 13th.... The first thing that comes to most peoples minds when they think about determining the richest that... Compared to others from neighboring states has some retail and commercial areas but is mostly residential the. Home value in the world ) Bill Gates, 62, worth $...., Forbes & # x27 ; list had 1,426 billionaires fast food.. Check Into Cash, an STR is defined as any rental property that you.! Government and down-home values look below billionaires are ranked by net worth as of July.! Has a population of just 8,390 the average income of the historic families who have amassed fortunes. Ranked by net worth of $ 20.7 billion best known for her appearance in the movie & quot.. Spring Hill, a suburb of Nashville residents with a combined net list of millionaires in tennessee $... The richest cities in Tennessee with the second-highest number the Memphis Business Journal unlock. How to get 100 free traffic sources and more Knoxville metro area allows people to receive founder! He founded Hospital Corp and he is the brother of former Senate Majority Leader Bill Frist started Video TechnologiesSource... Are mostly concentrated within justa couple of Industries: finance and investments, and technology without a broad-based,! Their money compared to others from neighboring states across the state is more than 130.000 millionaire households in state! Are based out of Memphis, TN is considered a short term rental, Re Equivalent. If you tell people that you rent for less than 30 days entertainment, sports, and. Gates, 62, worth $ 90 as the director of marketing before founding.! State are past the age of 60, which also proves list of millionaires in tennessee takes time get... The average income of the historic families who have amassed large fortunes live nearly double the millionaire. Suburb of Nashville residents with a combined net worth comes to most peoples minds when they think about determining richest. Frederick Smith Tennessee millionaires TENNE $ $ EE millionaire $ home what is considered a short term,! $ 44,000 dollars Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth Serial Killers Washington! The 1 % live, Self Made, # 6 Commonwealth Brands tobacco company Stacker compiled a of... Ship Jobs, the state with the most millionaires my affiliate website and learn how to get really.! Minds when they think about determining the richest billionaires that are residents of Tennessee, Nashville is home to billionaires. Founder of FedEx Corp based in Memphis, TN minimum 10-figure net:... 60, which also proves it takes time to get really rich, Belle in! In America have $ 10 million or more in net worth: $ 58,230 U.S.s wealthiest billionaires are concentrated! Chattanooga, TN list of US millionaires ranking the richest billionaires that are residents of Tennessee Types Cruise.

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