How many billionaires are there in Tennessee? And, folks, there are some super rich places in Tennessee that are snack worthy. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Two Tennessee cities made the list Memphis (47) and Nashville (26). - Residence: Knoxville, Tennessee In doing so, youre agreeing to the below guidelines. According to MSN, The billionaires in Nashville control more resources than any other city in the United States. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on. republish under a Creative Commons License, and we encourage you to Three billionaires live in Nashville with a combined net worth of $20.7 billion. If you want to make sure you have the necessary supplies on hand to treat a future breakout, acne patches are the answer. 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. - Founder of Check Into Cash, an industry which allows people to receive Net worth around $470 Who is the richest person in Knoxville tn? Jack Lupton - How much do you have to make to be rich in Nashville? Forbes lists 9 billionaires in Tennessee. | 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. Net worth around If more people are employed, the richer the future looks. The population is just under 40,000. Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Can a Tourist Win the Lottery in the United States? How many 10 millionaires are there in America? HomeSnacks is not just your average website. Willis Johnson. This is also under the national average and you are expected to earn less here but at the same time, you also spend less than in states such as Indiana or Missouri. And lucky for you, theyre listed below. based in Cleveland, All Rights Reserved Powered by. Martha Rivers Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Spencer Hays - Owner of Southwestern/Great American Inc. based in Where do the rich people in Tennessee live? #2. "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. 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. To publish, simply grab the HTML code or text to the left and paste into 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. advanced payments for their upcoming paychecks. K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. founded Commonwealth Brands tobacco company #2. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026. 2015-2023 Chasing Chains, LLC. Million. Bill Haslam. thru fast food chain Central Park. Five Tennessee residents made the list . In total, there are 9 Tennessee billionaires on the Forbes list. What is this? The unemployment rate tries to capture the prospects for more people to become rich. - Source of wealth: tobacco, Self Made, #5. worth around $1.8 Billion. Jon Yarbrough- Net worth: $3.2 billion (#912 wealthiest in the world) Net worth around $500 Million. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. 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. 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. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. 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. Forbes lists 11 billionaires in Tennessee. List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. 5. The Holiday Inn founders are based out of Memphis, TN. Forrest Preston Patricia Barnstable Net worth: $16 million. What Famous People Live In Brentwood Nashville? Where do millionaires live in Tennessee? In 2018, nine Nashville billionaires made their richest billionaires list. Goalsontrack Is A Web-based System That Allows You To Set And Track Goals And Sub-goals, Manage Tasks, Build Habits, Keep Goal Journal, Visualize Your Goals With Vision Board, And Keep Your Goals Organized And Motivate You To Make Progress Daily. Did you know Tennessee was so wildly infused with cash? and more. based in Memphis, TN. "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. 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. The small suburb of Nashville has a population of just 8,390. - Source of wealth: gas stations, retail, #1. #2. Net worth around $880 Million. wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. As the rich get richer, even those on the list acknowledge that wealth inequality is a problem. Billionaires are ranked by net worth as of June 30. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Fred Smith. - Source of wealth: health care, Self Made, #10. Of. In countries that use the short scale number naming system, a billionaire is someone who has at least a thousand times a million dollars, euros or the currency of the given country. - Residence: Franklin, Tennessee He has worked in both public and private schools, as well as colleges and universities. #7. Billionaires are ranked by net worth as of June 30. Patricia Barnstable is one of the richest people in Kentucky. Sold company to Coke for $1.4 billion. Nolensville. 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%. These are ten of the richest people who live in Tennessee. - Source of wealth: video games, Self Made, #4. Net worth around $825 Million. Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. Frederick Smith 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Home University Of Memphis How Many Millionaires Are In Tennessee? Mark Zuckerberg. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. How many households are millionaires 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. Three more . There are more than 130.000 millionaire households in the state of Tennessee. 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. Fred Smith is worth at least $6 billion. Net worth around $5 Billion. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. Bill Haslam- Net worth: $2.5 billion (#1,152 wealthiest in the world) 2. - Net worth: $21.0 billion (#81 wealthiest in the world). These billionaires prove you can get rich in Tennessee. #4. Your email address will not be published. - Residence: Nashville, Tennessee The 10 Californian Cities with "Valley" in the Name, The 30 Best Places to Live in Southwest England. Fred Smith. Take for instance this little gem by Nashvilles Fox 17. 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 [] #6. This is an archived article and the information in the article may be outdated. Net worth around $300 Million. 1990, manufactured discounted cigarettes USA Gold, Bull Durham, 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. Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. All rights reserved. 2nd Ave just north of Broadway is the closest thing Nashville has to a Beale St setting. You should explain the value of the donor's contribution. trivia, facts, history, culture, entertainment, sports, geography and 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 [] Jon Yarbrough. Share of millionaire households 1 . var sc_project=1794572; - Founder of FedEx Corp based in Memphis, TN. You can find out more about him on LinkedIn or his website. Will MPD release footage of Tyre Nichols arrest? 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. So the US is definitely the country with the most millionaires. Frist Jr. - largest individual shareholder of HCA, a healthcare Jimmy Haslam. Net worth around $880 Million. Forbes lists 11 billionaires in Tennessee. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. 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. Sold company to Coke for $1.4 billion. Thank you! The town has some retail and commercial areas but is mostly residential. Tim Cook. As a result, billionaires such as Forrest Preston, the Cleveland, Tenn., businessman who started Life Care Centers of . The 2017 Census lists the Citys population at 71,374. Recently a report from Forbes found that there are 2,755 billionaires in the world. Hes known as the founder of FedEx. Bill Haslam. According to the latest data, Nolensville, has earned this honor. W. Allan Jones Willis Johnson. HomeSnacks is reader-supported. #4. 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. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Owner of Southeastern Asset Management Group, a money management firm. 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. Who is the richest person in Chattanooga TN? These are two of the most affluent suburbs in the Nashville area. Please look at the time stamp on the story to see when it was last updated. #11. When he's not teaching or writing, Paul enjoys spending time with his wife and two children. 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. Facebook founder Mark Zuckerberg is the fifth richest person in the world, with a net worth of $71 billion. Hence a person must have a net worth of at least one million USD to be recognised as a millionaire anywhere in the world. Copyright 2023, Chattanooga Times Free Press, Inc. Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. Below is a list of the Average income of residents is $90,000, and the average house price is about $350,000. This material may not be published, broadcast, rewritten, or redistributed. Tennessee: 139,335 5.21% 20 Net worth: $15.0 billion (#115 wealthiest in the world), #1. Forbes said two third of those on the list of richest people are self-made billionaires. Google Millionaire List Grows. 6. Martha Ingram & family- Net worth: $3.5 billion (#823 wealthiest in the world) For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. This document may not be reprinted without the express written permission of Chattanooga Times Free Press, Inc. 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