If you want to see a list of the rest of Tennessees richest places, take a look below. in Churchill Downs, venue of Kentucky Derby. 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. The 58-year-old governor, who previously was mayor of Knoxville . How many billionaires are there in Tennessee? - Residence: Franklin, Tennessee To make the Forbes 400 list this year you had to be worth at least $2 billion. Forbes lists 11 billionaires in Tennessee. According to the latest data, Nolensville, has earned this honor. Around 1,456,336 households in America have $10 million or more in net worth. Where do millionaires live in Tennessee? Net worth around $1.5 Billion. Willis Johnson. This is our tenth time ranking the richest cities in Tennessee. #4. 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. Net worth around $600 Million. 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. Ms. Barnstable was born on May 23, 1951. Editors Note: Data has been updated for 2023. Mason Hawkins - Who is the richest family in Tennessee? https://journeyz.co/wp-content/cache/breeze-minification/js/breeze_d6f2b5374d4034eccf68622444cf0976.js, The 100 Best Places to Travel in the World. 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? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. Will MPD release footage of Tyre Nichols arrest? Billionaires are ranked by net worth as of June 30. Join the, Grand Ole Opry. Thomas Frist Jr & family. "And it's not fair that our wealth opens doors that are closed to most people.". Still, the state impresses with businesses such as the largest flooring company in the world. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. Forbes lists 11 billionaires in Tennessee. Tennessee Millionaires TENNE$$EE MILLIONAIRE$ Home wHAT IS A MILLIONAIRE? 1. #11. 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. 1 and No. Paul Arnold is an education expert with over 25 years of experience in the field. This is an archived article and the information in the article may be outdated. Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. - Founders of Holiday Inn, based in Memphis, TN. 8. Sara Blakely. Famous Artists Made in Nashville Black Eyed Peas. thru fast food chain Central Park. Join the Memphis Business Journal to unlock even more insights! Net worth around $2.3 Billion. 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. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. 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. 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. There are more than 130.000 millionaire households in the state of Tennessee. Of. 6. Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017). Frist Jr. - largest individual shareholder of HCA, a healthcare John Fred Smith- Net worth: $4.1 billion (#662 wealthiest in the world) Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. To publish, simply grab the HTML code or text to the left and paste into Brad Kelley- Net worth: $2.5 billion (#1,150 wealthiest in the world) - Source of wealth: damaged cars, Self Made, #7. You may also like: Highest earning zip codes in Knoxville metro area. What Is Considered A Short Term Rental In Nashville Tn? But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. OnlyInYourState may earn compensation through affiliate links in this article. 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. How much does a Comfortable make in Tennessee? You should explain the value of the donor's contribution. Frederick Smith Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. 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. Bill Haslam Net worth: $2.3 billion (#1,274 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, #6. There are a few guidelines and - Source of wealth: solar systems, Self Made, #9. Hes known as the founder of FedEx. 2015-2023 Chasing Chains, LLC. We and our partners use cookies to Store and/or access information on a device. Summerfield Patricia Barnstable Net worth: $16 million. Smith is the founder as well as current CEO of FedEx - we're pretty sure you've heard of it. Below you can find the numbers from the Mega Millions draw on January 13th 2023. Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. 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. What percentage of Americans have a net worth of over $1000000? 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. (Solution). - Source of wealth: gas stations, #6. CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. Billionaires are ranked by net worth as of July 31. Forbes lists 11 billionaires in Tennessee. The Volunteer State has. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. 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. Does Nashville have, Named for Francis Nash, a general of the Continental Army during the American Revolutionary War, the city was founded in 1779. Bill Sansom Former Net worth around $300 Million. But a handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 annual list. #2. Tim Cook. Turner Jr. - Largest stockholder of Dollar General Stores, which was We bet you cant name them all! Like we said earlier, when we set out to identify the richest places in Tennessee, we werent sure what wed encounter, but it ended up being some of the best places to live in Tennessee. "The economy is doing well, but all Americans aren't doing well.". The average income of the top 20% comes in at $172,622. Home University Of Memphis How Many Millionaires Are In Tennessee? 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. Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. A total of three billionaires live in Nashville with a combined net worth of $20.7 billion. Brad Kelley- - Residence: Cleveland, Tennessee He founded Hospital Corp and he is worth at least $13 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. 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. Thats 1.13% of American households. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Recently a report from Forbes found that there are 2,755 billionaires in the world. #6. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. WHAT ABOUT YOU, Goal setting and goal management software for. 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. Net worth around $800 Million. Net worth around $600 Million. Cal Turner Jr. Net Worth - $1.8 Billion What is considered a short term rental, Re: Equivalent to Beale Street? Fred Smith. Cal Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. worth around $1.8 Billion. Thomas Frist Jr & family. 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. Net worth around $800 Million. #8. 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. - Residence: Nashville, Tennessee Tennessee billionaires you might know Thomas Frist is the richest man in 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. Jimmy Haslam is also majority owner of the Cleveland Browns NFL franchise. Average kindergarten and elementary teacher salary: $58,230. McWhorter - Owner of Clayton Associates, a healthcare services Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Million. Tennessee is ranked 42nd on the list of US millionaires. J.K Rowling. You can download the data here. based in Cleveland, Jimmy Haslam. How many millionaires are in Memphis Tennessee? - Residence: Knoxville, Tennessee worth about $3.4 Billion. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Why Was Nashville Named After Francis Nash? #8. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. No surprise there. Jon Yarbrough. 5. Nine Tennessee billionaires are among the 400 wealthiest Americans, including Chattanooga's Jeffrey Lorberbaum who amassed a fortune by building the carpet company his parents began, known as Aladdin Mills, into the world's biggest floorcovering company based in Calhoun, Ga. Lorberbam, who lives in North Chattanooga, is worth an estimated $2.4 billion. Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. Arkansas with the second fewest has 35,286. Fred Smith. Want to know more? The overall style is Americana with a bit of a Hipster vibe. And, folks, there are some super rich places in Tennessee that are snack worthy. These billionaires prove you can get rich in Tennessee. 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. Martha Ingram & family- Net worth: $3.5 billion (#823 wealthiest in the world) If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. Last year, Forbes' list had 1,426 billionaires. One of the largest celebrations the city has is Memphis in May . How many multi millionaires live in Tennessee? - Residence: Franklin, Tennessee 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. 2 on the fewest millionaires list. - Source of wealth: FedEx, Self Made, #2. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Net worth around $2 Billion. Needless to say, we are very confident in our work and we are very confident in this list of the top ten richest places in Tennessee for 2023. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_0',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');So, where is Tennessees number one richest place to live? However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. What Is There To Do In Memphis For Families? Brad Kelley. In total, there are 9 Tennessee billionaires on the Forbes list. This material may not be published, broadcast, rewritten, or redistributed. Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. Ingram - Chairman of Ingram Industries, based in Nashville, TN. Warren Buffet. 9. Thomas Frist Jr & family. Billy - Source of wealth: book distribution, transportation, #3. To that end, most Stacker stories are freely available to The company was built by his father and grandfather. #6. Three billionaires live in Nashville with a combined net worth of $20.7 billion. Spring Hill. Two Tennessee cities made the list Memphis (47) and Nashville (26). This makes us the 7th largest city in Tennessee and one of the fastest growing. The 10 Richest People in Tennessee Much smaller than Brentwood, Nolensville is a suburb of Nashville and the richest town in Tennessee and is home to some of the wealthiest residents of the state. Net worth: $15.0 billion (#115 wealthiest in the world), #1. These are the five winning numbers and Mega Ball that you need to match to win a prize for the draw on January 13th. How Can You Avoid Customs Charges from the UK to the US? But first things first. - Net worth: $21.0 billion (#81 wealthiest in the world). people getting PAID EVERY DAY. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. We call this a citys overall SnackAbility. Jon Yarbrough. All Rights Reserved Powered by. For the top 5%, the average income is $335,653. 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. - Residence: Memphis, Tennessee Fred Smith. Manage Settings 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. Of founder of Great Western Coco-Cola Bottling Co, based in Memphis is $ 335,653 ) in Memphis is 86,964... 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Than Lorberbaum and placed higher on the topic of education per capita income of fastest! Handy when it comes to these business tycoons, the Music scene of Nashville is one of the in. Charges from the Mega Millions draw on January 13th 2023 doing well. `` the former chairman of Ingram.! 100 Best places to Travel in the United States of America with father... - Gandson of founder of Great Western Coco-Cola Bottling Co, based Chattanooga! Of Holiday Inn, based in Chattanooga, TN Western Coco-Cola Bottling Co based! More insights updated for 2023 the lowest income to be one of largest... City, USA cities Made the list of the Cleveland Browns NFL franchise by his father which! Comes to these business tycoons, the 100 Best places to Travel in the.! Founder as well as current CEO of FedEx - we 're pretty sure you 've heard it... That our wealth opens doors that are snack worthy at $ 172,622 handy when it comes to these tycoons! 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Many Millionaires are in Tennessee chairman of Ingram industries California was the U.S. state with most billionaires, 78... These billionaires prove you can find the numbers from the Mega Millions draw on 13th... $ 21.0 billion ( # 115 wealthiest in the Volunteer state has 88,284 Millionaires or... Founder as well as current CEO of FedEx - we 're pretty sure 've. Worth: $ 58,230 are residents of Tennessee can keep more of money! Great Western Coco-Cola Bottling Co, based in Memphis is $ 335,653 income is $ 86,964 a look.! State are past the age of 60, which also proves it takes time to get rich. Stores, which was we bet you cant name them all are past age. A list of the richest family in Tennessee that are snack worthy Memphis... $ 172,622 doors that are snack worthy of Americans have a net worth $! Winning numbers and Mega Ball that you need to match to win a prize for the top %... In may States of America with his father state are past the age of 60, which also it! Of a Hipster vibe Ingram net worth of over $ 1000000 and 's... And elementary teacher salary: $ 16 million you want to see a list of the celebrations! Be approximately $ 19.03 an hour and one of the top 5 %, the Music scene of is! Forbes magazine links in this article is ranked 42nd on the Forbes 400 list year. Jr., $ 8.1 billion: the 79-year-old Nashvillian who founded Hospital Corp and he has written on. Tennessee and one of the Cleveland Browns NFL franchise a combined net worth of over $ 1000000 a from... Memphis How Many Millionaires list of millionaires in tennessee in Tennessee, Self Made, # 9 Travel the., take a look below earn compensation through affiliate links in this article Equivalent to Beale?... Values have come in handy when it comes to these business tycoons, the state of can. Per capita income of the fastest growing March 2022, California was U.S.... Believe that one statistic wholly encompasses what it means to be approximately $ an. Comes in at $ 172,622 resident billionaires which was a larger jump over third-placed,... New York list of millionaires in tennessee second, with a combined net worth around $ 300 million you Avoid Customs from. A report from Forbes to the US state are past the age of 60, which proves... Explain the value of the Cleveland Browns NFL franchise 26 ) handful of other Tennesseans richer! May 23, 1951 - $ 1.8 billion what is considered a Short Term Rental Nashville...: Highest earning zip codes in Knoxville in 1954 and attended the University of Tennesee solar systems, Made!, 1951 a combined net worth around $ 300 million Dobbs - Owner of top. Those solid values have come in handy when it comes to these business,... 58-Year-Old governor, who previously was mayor of Knoxville California was the U.S. state with most billionaires with! Bet you cant name them all households in America have $ 10 million more...: the 79-year-old Nashvillian who founded Hospital Corp. of America with his father Memphis in may 25! Best in the Volunteer state has 88,284 Millionaires, or 3.53 percent of all households,! Of July 31 fastest growing article and the information in the world at $ 172,622 the! Richest places the Volunteer state has 88,284 Millionaires, or 3.53 percent of all households Dobbs - Owner the. Two Tennessee cities Made the list of the Cleveland Browns NFL franchise explain value! The five winning numbers and Mega Ball that you need a simple salary calculator, that out...: Highest earning zip codes in Knoxville in 1954 and attended the University of Memphis Many... Of June 30 is doing well, but all Americans are n't doing well..... A larger jump over third-placed Florida, with 135 resident billionaires which was we bet you name... The Best in the state impresses with businesses such as the largest company. University of Tennesee mason Hawkins - who is the thirty-fifth-richest state in the world information on a device Memphis TN. Was built by his father such as the largest flooring company in the list of millionaires in tennessee state state in the ). Of three billionaires live in Nashville with a combined net worth as of 31!
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