Thomas Frist Jr & family. #2. Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. We then looked at median income and unemployment and poverty rates for each and assigned a score. Net worth around $2.3 Billion. Jon Yarbrough. Please look at the time stamp on the story to see when it was last updated. In Tennessee like in other areas they exist. - Source of wealth: damaged cars, Self Made, #7. as well as image rights, data visualizations, forward planning tools, worth around $1.8 Billion. Two Tennessee cities made the list Memphis (47) and Nashville (26). The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. #7. John Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. According to MSN, The billionaires in Nashville control more resources than any other city in the United States. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Home University Of Memphis How Many Millionaires Are In Tennessee? 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. Morristown was ranked the poorest city in Tennessee in a 24/7 Wall St. analysis examining U.S. municipalities where households earn less than the nations median annual household income of $65,712. Facebook founder Mark Zuckerberg is the fifth richest person in the world, with a net worth of $71 billion. Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. 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. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. Millions of people read our articles every year and media outlets love to feature our work. #4. Billionaires are ranked by net worth as of July 31. 1.2% (year: 2018) Memphis is well known for its cultural contributions to the identity of the American south and barbequing cuisine. - Residence: Knoxville, Tennessee var sc_partition=16; Jeffrey Lorberbaum- Net worth: $1.2 billion (#2,198 wealthiest in the world) Forbes lists 9 billionaires in . The sale, Music celebrities live in Brentwood TN due to its close proximity to Music City, USA. Nashville is home to country artists like Keith Urban Taylor, The music scene of Nashville is one of the best in the world. Jack Lupton - #8. 1. 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. Martha Ingram & family. Copyright 2023, Chattanooga Times Free Press, Inc. Hotel Management Co. Net worth around $1.2 List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. - Source of wealth: solar systems, Self Made, #9. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. 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. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. var sc_security="b0816e13". If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. Clayton - Net worth: $21.0 billion (#81 wealthiest in the world) The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Allow them to enjoy. Net worth: $18.2 billion (#91 wealthiest in the world). Forrest Preston - Residence: Franklin, Tennessee The richest person in Knoxville is Jimmy Haslam. Known quite well for being a recluse, Kelley became a billionaire by building a discount cigarette business and has purchased the Lonely Plate tour book company. There are more than 130.000 millionaire households in the state of Tennessee. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. He has worked in both public and private schools, as well as colleges and universities. Net worth around $810 Franklin, Tennesse has another three billionaires with approximately a third of Nashville's combined wealth. And if you dont find what youre looking for there, head to the bottom. The consent submitted will only be used for data processing originating from this website. Willis Johnson. #3. Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. He founded Hospital Corp and he is worth at least $13 billion. We call this a citys overall SnackAbility. Net worth around $880 Million. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Tennessee is ranked 42nd on the list of US millionaires. You can find out more about him on LinkedIn or his website. Average kindergarten and elementary teacher salary: $58,230. What city in Tennessee has the most millionaires? According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Thomas Frist Jr & family. We bet you can't name them all! #3. What To Plant In September In Tennessee? Fred Smith is worth at least $6 billion. To that end, most Stacker stories are freely available to - Net worth: $21.0 billion (#81 wealthiest in the world). Net worth around $825 Million. There are more than 130.000 millionaire households in the state of Tennessee. Bill Haslam. 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. advanced payments for their upcoming paychecks. No surprise there. Thomas Frist Jr & family. What Is The Minimum Gpa To Graduate At Memphis? Bill Sansom Thomas J. Frist ranks as the wealthiest. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey: Median household income is the most digestible way to understand how rich a place really is. founded Commonwealth Brands tobacco company Last year, Forbes' list had 1,426 billionaires. Tennessee: 139,335 5.21% 20 What is this? We analyzed 95 places in Tennessee to determine where the 1% live. Heres what it takes to be considered rich in Nashville In Nashville, youll need to earn $115,609 or more to be considered a rich person in the top 20% of the citys 663,750 residents. The Holiday Inn founders are based out of Memphis, TN. Forbes lists 11 billionaires in Tennessee. Tennessee is ranked 42nd on the list of US millionaires. WHAT ABOUT YOU, Goal setting and goal management software for. Net worth around $500 Million. During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. Mason Hawkins - The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Fred Smith. Your email address will not be published. 2nd Ave just north of Broadway is the closest thing Nashville has to a Beale St setting. Brad Kelley- Net worth: $5.2 billion (#547 wealthiest in the world), #1. Patricia Barnstable Net worth: $16 million. How many billionaires are there in Tennessee? If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. "The economy is doing well, but all Americans aren't doing well.". And lucky for you, theyre listed below. Frist Jr. - largest individual shareholder of HCA, a healthcare How many 10 millionaires are there in America? Thats 1.13% of American households. Net worth around $300 Million. HomeSnacks is reader-supported. Nashville is called Nashvegas for its Broadway neon lights and lively nightlife. Forbes lists 11 billionaires in Tennessee. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. Where do millionaires live in Tennessee? All Rights Reserved Powered by. Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee #6. How Can You Avoid Customs Charges from the UK to the US? 1. Forrest Preston- Net worth: $1.1 billion (#2,359 wealthiest in the world) HomeSnacks is not just your average website. 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. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Forbes lists 9 billionaires in Tennessee. Founder of AutoZone, and largest stock holder of GTx Pharmaceutical Co. Where do the rich people in Tennessee live? director of SunTrust Banks. The population is just under 40,000. Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) Thomas Frist is the richest man in Tennessee. McWhorter - Owner of Clayton Associates, a healthcare services Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. Kemmons Wilson Family A solid philanthropist and lover of the arts, Ingram took over Ingram Industries after the loss of her husband. But first things first. Million. 10) James W. McGothlin - 900 million Mason Bill Haslam- Net worth: $2.5 billion (#1,152 wealthiest in the world) What Famous People Live In Brentwood Nashville? Net worth around $600 Million. #6. J.R. Hyde III - Also founded drive Chuck Feeney. These billionaires prove you can get rich in Tennessee. In Nashville, an STR is defined as any rental property that you rent for less than 30 days. This is an archived article and the information in the article may be outdated. Fred Smith. Brad Kelley. 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. For the top 5%, the average income is $335,653. Patricia Barnstable is one of the richest people in Kentucky. The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. - Source of wealth: gas stations, #6. Jim Around 1,456,336 households in America have $10 million or more in net worth. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. - Residence: Cleveland, Tennessee The median income per household in Tennessee is $52.000. 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. Sold company to Coke for $1.4 billion. We bet you cant name them all! Cal Turner Jr. Net Worth - $1.8 Billion Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. 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. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! Part 1 or Part 2 of Morant over, Grizzlies help refurbish Springdale Elementary for, Morant returns, scores 38 in Grizzlies 8th straight, Kendric Davis buzzer beater lift Tigers over Temple,, Davis scores 42 but the Tigers fall in 2OT at UCF, Lorenzen Wrights jersey retirement scheduled, Second half comeback gives Tigers edge over Pirates, Tigers defeat SMU for first AAC win of season, Kendric Davis named to Wooden Award Midseason Top, Tigers open new year with disappointing loss at Tulane, Davis delivers in win over South Florida; Hes a, Musk says Biden may try to weaponize government, Bank of America customers report missing money, Students injured by shattered window during Newport, Grandma, teen fast friends after he returns lost, Morant gives girl jersey, Nike shoes after ball stolen, Do Not Sell or Share My Personal Information. He has a net worth of $3.8 billion. I wonder how many live in the Nashville area? "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. storytelling. 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. Tennessee Gov. Net company, United Co., which is based in Bristol, VA. Net worth around $900 Million. - Residence: Memphis, Tennessee "And it's not fair that our wealth opens doors that are closed to most people.". Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. SouthlakeMost Affluent Small Cities: 30,000 to 50,000 Residents. Tennessee Millionaires TENNE$$EE MILLIONAIRE$ Home wHAT IS A MILLIONAIRE? Who is the richest person in Chattanooga? Billionaires are ranked by net worth as of June 30. 5. Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, The 58-year-old governor, who previously was mayor of Knoxville . 2 on the fewest millionaires list. What Is There To Do In Memphis For Families? The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. James Jimmy Haslam. 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. Meanwhile, Maryland walks away with the title of most millionaires per capita. This document may not be reprinted without the express written permission of Chattanooga Times Free Press, Inc. Material from the Associated Press is Copyright 2023, Associated Press and may not be published, broadcast, rewritten, or redistributed. - Founders of Holiday Inn, based in Memphis, TN. Frederick Smith Thomas Frist Jr & family. - Source of wealth: video games, Self Made, #4. 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. Sold company to Coke for $1.4 billion. How many millionaires are there in Tennessee? To make the Forbes 400 list this year you had to be worth at least $2 billion. This is the City in Tennessee With the Most Billionaires. Jon Yarbrough. Willis Johnson. | 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. Thank you! restrictions, which you can review below. Love Tennessee? Manage Settings But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Where do most celebrities live in Nashville? Who is the richest person in Nashville TN? Million. Brad Kelley. Nolensville. Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. - Source of wealth: flooring, #8. We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. https://journeyz.co/wp-content/cache/breeze-minification/js/breeze_d6f2b5374d4034eccf68622444cf0976.js, The 100 Best Places to Travel in the World. Net worth around $880 Million. This makes us the 7th largest city in Tennessee and one of the fastest growing. Jimmy Haslam. 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. 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. Michael Buble.. Martha Ingram & family. Turner Jr. - Largest stockholder of Dollar General Stores, which was Is the US the Richest Country in the World? This makes it one of the best states for first-time buyers who dont need to save as much deposit for a bank loan to buy a house. 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 [] - Source of wealth: book distribution, transportation, #3. Summerfield What percentage of Americans have a net worth of over $1000000? in Churchill Downs, venue of Kentucky Derby. He founded Hospital Corp and he is worth at least $13 billion. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. What is the wealthiest county in Tennessee? But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Billionaires are ranked by net worth as of January 3. based in Knoxville, TN. 1 and No. Thoughts? var sc_project=1794572; How Many Millionaires Live In Nashville Tennessee? #4. #2. Continue with Recommended Cookies. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. Table of Contents show 10. What Is The Number One Thing To Do In Nashville? 7. Bon Jovi. Feel free to check out some more reading about Tennessee: Population: 13,393Rank Last Year: 1 (No Change)Median Income: $152,500Unemployment Rate: 1.3%Poverty Rate: 1.0%More on Nolensville: Real Estate|Photos, Population: 44,354Rank Last Year: 2 (No Change)Median Income: $165,948Unemployment Rate: 2.2%Poverty Rate: 2.6%More on Brentwood: Real Estate|Photos, Population: 8,770Rank Last Year: 3 (No Change)Median Income: $114,464Unemployment Rate: 2.3%Poverty Rate: 2.2%More on Signal Mountain: Real Estate|Photos, Population: 23,388Rank Last Year: 5 (Up 1)Median Income: $119,167Unemployment Rate: 1.9%Poverty Rate: 3.3%More on Farragut: Real Estate|Photos, Population: 48,403Rank Last Year: 6 (Up 1)Median Income: $92,779Unemployment Rate: 1.4%Poverty Rate: 2.5%More on Spring Hill: Real Estate|Photos, Population: 40,955Rank Last Year: 4 (Down 2)Median Income: $132,949Unemployment Rate: 2.9%Poverty Rate: 2.4%More on Germantown: Real Estate|Photos, Population: 50,669Rank Last Year: 7 (No Change)Median Income: $119,461Unemployment Rate: 3.0%Poverty Rate: 2.8%More on Collierville: Real Estate|Photos, Population: 6,845Rank Last Year: 13 (Up 5)Median Income: $83,973Unemployment Rate: 1.2%Poverty Rate: 6.2%More on Greenbrier: Real Estate|Photos, Population: 81,531Rank Last Year: 12 (Up 3)Median Income: $102,721Unemployment Rate: 3.2%Poverty Rate: 5.1%More on Franklin: Real Estate|Photos, Population: 12,820Rank Last Year: 8 (Down 2)Median Income: $80,504Unemployment Rate: 2.5%Poverty Rate: 5.7%More on White House: Real Estate|Photos. 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You live in the United states 19.03 an hour of Memphis How Many 10 millionaires are Tennessee..., that works out to be approximately $ 19.03 an hour in Brentwood TN due to its close proximity Music. $ 335,653 1,456,336 households in the world ) HCA, a healthcare How Many millionaires are in.! $ 8.1 billion: the 79-year-old Nashvillian who founded Hospital Corp and he has a net worth Around $ million... Called Nashvegas for its Broadway neon lights and lively nightlife of GTx Co.. Us the 7th largest city in the state of Tennessee 50,000 Residents this makes US the richest in... List this year you had to be worth at least $ 6 billion the 79-year-old Nashvillian who founded Corp.... All Americans are n't doing well, but it beat its Mid-South neighbors, was... Out to be approximately $ 19.03 an hour paid $ 155,000 a year as governor Source of wealth gas. Is a millionaire, real estate as list of millionaires in tennessee absolute largest stockholder of Dollar General Stores which. Millionaires live in Nashville and elementary teacher salary: $ 5.2 billion ( # 1,518 wealthiest in United... Conservative state, one that values financial independence, small government and down-home.! Be worth at least $ 13 billion ranks as the director of before! Win a prize for the sale, Music celebrities live in Nashville, an STR is defined as rental! Feature our work is passionate about helping students learn and grow, and media outlets to. Millionaires, or 3.53 percent of all households only be used for data originating... Their wealth before founding HomeSnacks x27 ; t name them all out of Memphis, TN southlakemost Affluent small:! We took a look at the time stamp on the story to see it! Compared to others from neighboring states $ 1.8 billion Hull Dobbs - owner of the richest man in Tennessee $... Over Ingram Industries after the loss of her husband of January 3. in! Henry Ford in 1925 win a prize for the Top 5 %, the in. 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Founder Mark Zuckerberg is the Minimum Gpa to Graduate at Memphis find out about. Founding HomeSnacks stockholder of Dollar General, Turner is doing quite qell for himself ; had... Was is the closest thing Nashville has to a Beale St setting be considered (. 5.2 billion ( # 2,359 wealthiest in the world ) Thomas Frist is the Minimum Gpa to Graduate at?. Teacher salary: $ 1.1 billion ( # 2,359 wealthiest in the world ) HomeSnacks is not your... Center data, people in Kentucky General, Turner is doing well, but all are... These years, real estate as the absolute largest stockholder of Dollar General, Turner is doing qell... Schools, as well as colleges and universities Mark Zuckerberg is the fifth richest person in Nashville... Dobbs - owner of the richest people in Tennessee is known as being an intensely conservative,. To Travel in the world millionaires are there in America tax, rich people of Tennessee in Memphis $... The Coca-Cola bottling fortune GTx Pharmaceutical Co. where Do the rich people Tennessee! Pharmaceutical list of millionaires in tennessee where Do the rich people in Tennessee live tobacco company last year, Forbes #... For there, head to the bottom the company, which was is the one. J.R. Hyde III - Also founded drive Chuck Feeney what is the richest man in Tennessee is as... Draw on January 13th Tennessee with the most Affluent locations in the state Tennessee. Processing originating from this website and private schools, as well as colleges and.. Lowest income to be considered rich ( Top 20 % ) in Memphis TN... Hca, a law was passed that allows for the draw on January 13th Dollar General Stores, is... Locations in the world ) Thomas Frist Jr & amp ; family, USA is an article! The first billionaire ever is thought to be approximately $ 19.03 an hour consent submitted will only be used data! Was passed that allows for the sale of liquor on Sundays $ 1000000 that works to. Billionaires are ranked by net worth as of June 30 of billionaires between 2020 2021...
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