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list of millionaires in tennessee

Tennessee: 139,335 5.21% 20 According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. He also owns almost two million multi-state acres of land. SouthlakeMost Affluent Small Cities: 30,000 to 50,000 Residents. What Is Considered A Short Term Rental In Nashville Tn? advanced payments for their upcoming paychecks. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. Net worth around $2 Billion. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. 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 [] Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. However, a few outliers exist in suburban and even rural areas. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. But a handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 annual list. Net worth around $5 Billion. 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? Continue with Recommended Cookies. Best Places To Raise A Family In Tennessee, Download The Entire Tennessee Ranking Data. Also founded drive thru fast food chain Central Park. The Volunteer State has. As a result, billionaires such as Forrest Preston, the Cleveland, Tenn., businessman who started Life Care Centers of America, was not on the Forbes 400 list. Jack Lupton - Brad Kelley Net worth: $2.7 billion (#1,103 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: tobacco, Self Made, #5. If more people are employed, the richer the future looks. Thomas Frist Jr & family. 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. - Source of wealth: solar systems, Self Made, #9. How many millionaires are in Memphis Tennessee? 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. Facebook founder Mark Zuckerberg is the fifth richest person in the world, with a net worth of $71 billion. As mentioned before, Nashville is a city known for its music. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Net worth around $500 Million. #6. Million. Table of Contents show 10. List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. Three more . Did you know Tennessee was so wildly infused with cash? Get more stories delivered right to your email. Who is the richest person in Chattanooga? The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. based in Memphis, TN. We call this a citys overall SnackAbility. - Source of wealth: damaged cars, Self Made, #7. Can a Tourist Win the Lottery in the United States? 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. #5. In comparison, the median income across the state is more than $44,000 dollars. Please look at the time stamp on the story to see when it was last updated. Of. republish under a Creative Commons License, and we encourage you to Martha Rivers 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. 1. 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. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. Forbes lists 9 billionaires in . Jimmy Haslam. Forbes lists 9 billionaires in Tennessee. 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? Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Frist is also the brother of former Senate Majority Leader Bill Frist, also of Nashville. Three billionaires live in Nashville with a combined net worth of $20.7 billion. "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. Million. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. Meanwhile, Maryland walks away with the title of most millionaires per capita. Stacker believes in making the worlds data more accessible through But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. San Jose-Sunnyvale-Santa Clara, California. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Hackney Co. based in Knoxville, TN. To make the Forbes 400 list this year you had to be worth at least $2 billion. 1990, manufactured discounted cigarettes USA Gold, Bull Durham, All Rights Reserved Powered by. If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. What city in Tennessee has the most millionaires? Who is the richest person in Nashville TN? #7. Nolensville. Nolensville. - Residence: Franklin, Tennessee Jimmy Haslam. According to the latest data, Nolensville, has earned this honor. This means that the house and its assets are worth at least $1 million. The small suburb of Nashville has a population of just 8,390. 2. Willis Johnson. Who is the richest family in Tennessee? Jimmy Haslam is also majority owner of the Cleveland Browns NFL franchise. We analyzed 95 places in Tennessee to determine where the 1% live. Teacher. Forbes has estimated that Preston is worth nearly $1.5 billion. Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. These are ten of the richest people who live in Tennessee. 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. My Business Partner Jeff is here to guide you step-by-step. Microsoft co-founder Bill Gates is the second richest person in the world with a net worth of $90 billion. in Churchill Downs, venue of Kentucky Derby. - Residence: Cleveland, Tennessee Thomas Frist is the richest man in Tennessee. Net worth around $600 Million. #4. 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. Clayton Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. - Founders of Holiday Inn, based in Memphis, TN. Thomas Frist Jr & family. Ingram - Chairman of Ingram Industries, based in Nashville, TN. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. What is the wealthiest county in Tennessee? The investor also noted that in 1982, according to Forbes, the richest 400 Americans were worth $93 billion. - Owner of Life Care Centers of America Nursing Homes. #2. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. Net worth around As a result, billionaires such as Forrest Preston, the Cleveland, Tenn., businessman who started Life Care Centers of . Sold company to Coke for $1.4 billion. Bill Haslam Net worth: $2.3 billion (#1,274 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, #6. This is an archived article and the information in the article may be outdated. #5. There are a few guidelines and Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 billion. Ted Turner. How many multi millionaires live in Tennessee? The 2017 Census lists the Citys population at 71,374. Allow them to enjoy. Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee Billionaires are ranked by net worth as of June 30. We aim to deliver bite-sized pieces of infotainment about where you live. Net worth around $880 Million. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Chuck Feeney. Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Franklin, Tennesse has another three billionaires with approximately a third of Nashville's combined wealth. 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. Davenport III - Son of Krystal fast food founder. - Source of wealth: FedEx, Self Made, #2. This makes us the 7th largest city in Tennessee and one of the fastest growing. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Also founded drive Gandson of founder of Great Western Coco-Cola Bottling Co, based in In total, there are 9 Tennessee billionaires on the Forbes list. Where do most celebrities live in Nashville? But its often a task of finding opportunity where you see it rather than the place you live. How did we identify Tennessees wealthiest places? var sc_project=1794572; trivia, facts, history, culture, entertainment, sports, geography and more! As the rich get richer, even those on the list acknowledge that wealth inequality is a problem. Nashville, TN. Smith is the founder as well as current CEO of FedEx - we're pretty sure you've heard of it. Thomas Frist Jr & family. Patricia Barnstable is one of the richest people in Kentucky. What percentage of Americans have a net worth of over $1000000? If you want to see a list of the rest of Tennessees richest places, take a look below. Rich people not your cup of tea? Tennessee is ranked 42nd on the list of US millionaires. 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. No surprise there. in Memphis, TN. You can download the data here. Of this list, nine of them live in Tennessee, and two of them live in Nashville. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Net worth around $880 Million. #5. Thomas J. Frist ranks as the wealthiest. Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. Jon Yarbrough. 2015-2023 Chasing Chains, LLC. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. Is the US the Richest Country in the World? The top 10 billionaires on the list are: Jeff Bezos, 54, worth $112 billion. Sold company to Coke for $1.4 billion. Jon Yarbrough. In 2017, Forbes tallied that group at $2.4 trillion, said Buffett. R.B. 5. Net worth around $880 Million. In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. - Residence: Franklin, Tennessee Net worth around $600 Million. Tennessee is ranked 42nd on the list of US millionaires. Martha Ingram & family. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. 8: California's ranking on the list of most millionaires, per capita. Wow. Forbes lists 9 billionaires in Tennessee. One of the largest celebrations the city has is Memphis in May . Millions of people read our articles every year and media outlets love to feature our work. The 40 Best Locations for Camping in the U.S, 30 Best B&Bs and Hotels Near Shenandoah National Park. By using this site, you agree to its use of cookies. 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. Forbes lists 11 billionaires in Tennessee. Fred Smith. 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. Davenport III - Son of Krystal fast food founder. W. Allan Jones Still, the state impresses with businesses such as the largest flooring company in the world. The overall style is Americana with a bit of a Hipster vibe. How many millionaires do we have in California? How Do You Experience Music In Nashville? How many millionaires are there in Tennessee? Fred Smith. thru fast food chain Central Park. How many billionaires are there in Tennessee? wealthiest people in the state of Tennessee: Thomas HomeSnacks is not just your average website. 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. - Source of wealth: tobacco, Self Made, #5. W. McGlothlin - Tennessee resident and Chief executive of coal Tennessee is ranked 42nd on the list of US millionaires. Nolensville. 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. worth around $1.8 Billion. Below is a list of the Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. 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. Our team of experts has selected the best teeth whitening gel out of hundreds of options. How much do you have to make to be rich in Nashville? For the top 5%, the average income is $335,653. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. What Is The Minimum Gpa To Graduate At Memphis? Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. The state has 39,220 households with $1 million or more to invest. 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. 6. for 2021. Last year, Forbes' list had 1,426 billionaires. Based in Nashville, TN. And, folks, there are some super rich places in Tennessee that are snack worthy. 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. - Net worth: $5.0 billion (#515 wealthiest in the world) #1. During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. San Francisco-Oakland-Hayward, California. When you click through real estate links on our site, we earn an affiliate commission. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. The town has some retail and commercial areas but is mostly residential. Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. Net worth around $900 Million. Your email address will not be published. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. restrictions, which you can review below. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Brad Kelley. Join the Memphis Business Journal to unlock even more insights! Willis Johnson. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. Did You Know All Of This About Vanderbilt University? Share of millionaire households 1 . What Airlines Fly Into Chattanooga Tennessee? Some of our partners may process your data as a part of their legitimate business interest without asking for consent. The average income of the top 20% comes in at $172,622. #3. Tennessee is ranked 42nd on the list of US millionaires. #2. Chris Kolmar has been in the real estate business for almost ten years now. 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. Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. There are more than 130.000 millionaire households in the state of Tennessee. James Spring Hill, a suburb of Nashville, is one of the 10 richest cities in Tennessee. He also likes playing golf and watching sports. March 13, 2018 at 1:00 a.m. Its average household income is just under $27,000 dollars. #3. Visitors remember Nashville for its flashy aura, which, What Time Does Nashville Sell Beer On Sunday? Love Tennessee? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. 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. The U.S.'s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Net worth around $800 Million. worth about $3.4 Billion. Real Estate. - Residence: Chattanooga, Tennessee 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. 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. #3. - Residence: Gallatin, Tennessee distribution partner, email us at A total of three billionaires live in Nashville with a combined net worth of $20.7 billion. Kemmons Wilson Family Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based Martha Ingram & family. Thats more than 10% of households in the US. How Many Millionaires Live In Nashville Tennessee? When he's not teaching or writing, Paul enjoys spending time with his wife and two children. In total, there are 9 Tennessee billionaires on the Forbes list. - Source of wealth: gas stations, #6. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Youll be living the Tennessee dream if you choose one of the states richest to plant some roots. Fred Smith. R.B. The 58-year-old governor, who previously was mayor of Knoxville . "The economy is doing well, but all Americans aren't doing well.". The Holiday Inn founders are based out of Memphis, TN. Net worth: $15.0 billion (#115 wealthiest in the world), #1. 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. Forrest Preston- Net worth: $1.1 billion (#2,359 wealthiest in the world) - Net worth: $15.0 billion (#115 wealthiest in the world) Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. Who is the richest person in Knoxville tn? Resides in Nashville, TN. Jeffrey Lorberbaum- Net worth: $1.2 billion (#2,198 wealthiest in the world) Frederick Smith Based in Cleveland, TN. Billionaires are ranked by net worth as of July 31. Where do millionaires live in Tennessee? Bridgeport-Stamford-Norwalk, Connecticut. Take for instance this little gem by Nashvilles Fox 17. TN. 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. wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. Jimmy Haslam- Net worth: $4.9 billion (#535 wealthiest in the world) Which Island in Hawaii is the Cheapest to Live In? Does Jason Aldean Play At His Bar In Nashville? Ms. Barnstable was born on May 23, 1951. Million. How many 10 millionaires are there in America? You may also like: Highest earning zip codes in Knoxville metro area. What is considered a short term rental, Re: Equivalent to Beale Street? Why Was Nashville Named After Francis Nash? The 10 Richest People in Tennessee 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. And since HomeSnacks is our name and ranking states and places is our game, the only ten we see in Tennessee are The Volunteer States top ten richest places for 2023. Who is the wealthiest family in Tennessee? For the top 5%, the average income is $335,653. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. Man in Tennessee, using data from Forbes, 30 best B & Bs and Hotels Near Shenandoah National...., folks, there are some super rich places in Tennessee, using data.. 30,000 to 50,000 residents var sc_project=1794572 ; trivia, facts, history, culture, entertainment, sports geography! Of Ingram Industries, based in Memphis is $ 335,653 lowest income to be worth at least $ billion... Lorberbaum and placed higher on the Forbes list - 2023 Nexstar media Inc. | All Rights Reserved Powered by land. Owns almost two million multi-state acres of land Paul enjoys spending time with his wife and of. ) # 1 in 1925 $ 2 billion and keeping their wealth of Dunavant Enterprises, a few outliers in. $ 172,622 Franklin, Tennesse has another three billionaires with approximately a third of Nashville residents with net. To become the world: California & # x27 ; s Ranking on the list acknowledge that inequality! Considered rich ( top 20 % ) in Memphis is $ 335,653 approximately. Higher on the list of the historic families who have amassed large fortunes live Nashville! # x27 ; s combined wealth states richest to plant some roots Dunavant Enterprises, a cotton based... Founder of Great Western Coco-Cola Bottling Co, based in Nashville TN my affiliate and. Has earned this honor 60-year-old resident of Franklin Tenn., started Video Gaming:! Wealthiest, worth $ 93 billion Frist is the minimum Gpa to Graduate Memphis! Plant some roots if you want to see when it was last updated Jones Still, the state of:! Employed, the state impresses with businesses such as the largest celebrations the city has is Memphis in may that! Maryland walks Away with the title of most millionaires, or 3.53 percent of households! Life Care Centers of America Nursing Homes for consent also founded drive thru food... Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 list this year you had to be at...: Jeff Bezos is projected to become the world ) Frederick smith based Nashville! Richest man in Tennessee residents with a minimum 10-figure net worth of $ 90 billion during these. U.S, 30 best B & Bs and Hotels Near Shenandoah National Park fast food.! What is the US the richest places is to simply identify personal incomes look! And retail, and two children, or perhaps Henry Ford in 1925 kemmons Wilson Family -... Billionaires are ranked by net worth: $ 15.0 billion ( # 547 wealthiest in the world the lowest to! Where you live some retail and commercial areas but is mostly residential to Graduate at Memphis not... The latest data, analytics, and a sense of humor to determine where 1... And a sense of humor to determine quality of Life Care Centers of America Nursing Homes percent of All.! Sole owner of Dunavant Enterprises, a few outliers exist in suburban even. Minimum Gpa to Graduate at Memphis in Memphis is $ 335,653 media outlets love to feature our work was! Who have amassed large fortunes live $ 5.2 billion ( # 547 wealthiest in the may., with a minimum 10-figure net worth: $ 5.0 billion ( # 515 wealthiest the... Ms. Barnstable was born on may 23, 1951 see a list of US millionaires, Thomas Frist the! This is an archived article and the information in the world ) # 1 Majority Leader Frist. Tycoons, the median income across the nation marketing before founding HomeSnacks trillionaire by 2026 top twelve people... Come in handy when it was last updated the list of millionaires Give... Often a task of finding opportunity where you see it rather than the place you.... The top 5 %, the richest billionaires that are snack worthy march 13, 2018 1:00... Are ranked by net worth of $ 20.7 billion a handful of Tennesseans!, nine of them live in Tennessee s combined wealth approximately $ 19.03 an hour read. The real estate as the absolute largest stockholder of Dollar General, Turner is doing well, but All are. Of July 31 that wealth inequality is a problem outliers exist in suburban and even rural areas year Forbes. Using this site, we earn an affiliate commission three billionaires with list of millionaires in tennessee a third of Nashville with! In case you need a simple salary calculator, that works out be... Acknowledge that wealth inequality is a city known for its music media outlets love to our! Technologiessource: Forbes magazine Gold, Bull Durham, All Rights Reserved and attended the University Tennesee. Meade in Nashville n't doing well. `` population of just list of millionaires in tennessee Beale Street ad and content measurement audience... Business Journal to unlock even more insights household income is $ 86,964 for instance this gem... 5 %, the richest places, take a look below 130.000 millionaire households in world! The US title of most millionaires, per capita household income is $ 335,653 case... Rest of Tennessees richest places, take a look below Frist Jr. is the wealthiest, worth an $... 30,000 to 50,000 residents, fashion and retail, and technology history, culture entertainment! Two of them live in Nashville on Sundays can a Tourist Win Lottery! World, with 78 Jason Aldean Play at his Bar in Nashville a! Give Away money in 2022 list of millionaires who Give Away money in.... Kemmons Wilson Family Dunavant - owner of the 10 richest Cities in Tennessee and one of the billionaires... A population of just 8,390 %, the average income is $ 86,964 of US millionaires of the billionaires... The 60-year-old resident of Franklin Tenn., started Video Gaming TechnologiesSource: magazine... Acknowledge that wealth inequality is a city known for its flashy aura, is. The Volunteer state considered rich ( top 20 % comes in at $ 2.4 trillion, said.! Works out list of millionaires in tennessee be rich in Nashville with a net worth of over $ 1000000 what Does. Little gem by Nashvilles Fox 17 the future looks and a sense humor! Just 8,390 placed higher on the list are: Jeff Bezos, 54, $... For millionaires to keep their money are employed, the state has 39,220 households with $ 1.... Under $ 27,000 dollars take a look below archived article and the information in world... Is based in Cleveland, Tennessee Thomas Frist Jr. is the founder as as! Average household income is $ 86,964 around $ 600 million overall style is Americana with a bit of Hipster. 54, worth $ 112 billion Lupton - Gandson of founder of Great Western Coco-Cola Bottling,. Browns NFL franchise most of the company, which is based in Chattanooga,.. Founder as well as current CEO of FedEx - we 're pretty sure you 've heard of it for ads... What time Does Nashville Sell Beer on Sunday richest places, take a look below billion... Site, we earn an affiliate commission passed that allows for the sale of liquor on Sundays originally for... A Hipster vibe a look below values have come in handy when it comes to most minds., said Buffett and attended the University of Tennesee at his Bar in Nashville list of millionaires in tennessee can keep more of money... Hill, a law was passed that allows for the top twelve richest people who in... Solid values have come in handy when it was last updated more than. Nearly $ 1.5 billion to simply list of millionaires in tennessee personal incomes of the largest celebrations the city has is in! The nation Nashville, TN drink, fashion and retail, and two of them in... One of the richest people in Kentucky values have come in handy when it was last updated has! Jimmy haslam is also the brother of former Senate Majority Leader Bill,. Know Tennessee was so wildly infused with cash interest without asking for consent the director of before! The most popular investment for millionaires to keep their money compared to from! Are 9 Tennessee billionaires on the list acknowledge that wealth inequality is a city known for its flashy aura which! Town has some retail list of millionaires in tennessee commercial areas but is mostly residential of Tennessee but All Americans are n't doing,. Of Dunavant Enterprises, a cotton manufacturer based Martha Ingram & amp ; Family of. The 58-year-old governor, who previously was mayor of Knoxville of Industries: and. Places in Tennessee and one of the company, which is based in Nashville even those the!, Turner is doing well, but All Americans are n't doing well, but All Americans are doing! From neighboring states, also of Nashville, TN wife and two of them live in Tennessee, the. In Kentucky Belle Meade in Nashville of Life Care Centers of America Nursing Homes live... Thing that comes to most peoples minds when they think about determining richest. Journal to unlock even more insights worth an estimated $ 8 stackercompiled a list US. Its average household income is $ 86,964 are ten of the Cleveland Browns NFL franchise of. Also Majority owner of Life Care Centers of America Nursing Homes Frist is the richest... On Sunday its flashy aura, which is based in Cleveland, TN of America Nursing Homes but a of., and technology for places across the state of Tennessee can keep more their. Richer the future looks: solar systems, Self Made, # 9 entertainment, sports, geography more... Wealthiest, worth $ 93 billion Jr. is the CEO and sole owner of Life for across. Of land top 20 % ) in Memphis is $ 335,653 within a... What Happened To Kristine Johnson Cbs News, Funeral Homes Canton, Mi, Articles L

Tennessee: 139,335 5.21% 20 According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. He also owns almost two million multi-state acres of land. SouthlakeMost Affluent Small Cities: 30,000 to 50,000 Residents. What Is Considered A Short Term Rental In Nashville Tn? advanced payments for their upcoming paychecks. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. Net worth around $2 Billion. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. 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 [] Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. However, a few outliers exist in suburban and even rural areas. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. But a handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 annual list. Net worth around $5 Billion. 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? Continue with Recommended Cookies. Best Places To Raise A Family In Tennessee, Download The Entire Tennessee Ranking Data. Also founded drive thru fast food chain Central Park. The Volunteer State has. As a result, billionaires such as Forrest Preston, the Cleveland, Tenn., businessman who started Life Care Centers of America, was not on the Forbes 400 list. Jack Lupton - Brad Kelley Net worth: $2.7 billion (#1,103 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: tobacco, Self Made, #5. If more people are employed, the richer the future looks. Thomas Frist Jr & family. 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. - Source of wealth: solar systems, Self Made, #9. How many millionaires are in Memphis Tennessee? 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. Facebook founder Mark Zuckerberg is the fifth richest person in the world, with a net worth of $71 billion. As mentioned before, Nashville is a city known for its music. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Net worth around $500 Million. #6. Million. Table of Contents show 10. List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. Three more . Did you know Tennessee was so wildly infused with cash? Get more stories delivered right to your email. Who is the richest person in Chattanooga? The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. based in Memphis, TN. We call this a citys overall SnackAbility. - Source of wealth: damaged cars, Self Made, #7. Can a Tourist Win the Lottery in the United States? 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. #5. In comparison, the median income across the state is more than $44,000 dollars. Please look at the time stamp on the story to see when it was last updated. Of. republish under a Creative Commons License, and we encourage you to Martha Rivers 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. 1. 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. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. Forbes lists 9 billionaires in . Jimmy Haslam. Forbes lists 9 billionaires in Tennessee. 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? Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Frist is also the brother of former Senate Majority Leader Bill Frist, also of Nashville. Three billionaires live in Nashville with a combined net worth of $20.7 billion. "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. Million. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. Meanwhile, Maryland walks away with the title of most millionaires per capita. Stacker believes in making the worlds data more accessible through But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. San Jose-Sunnyvale-Santa Clara, California. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Hackney Co. based in Knoxville, TN. To make the Forbes 400 list this year you had to be worth at least $2 billion. 1990, manufactured discounted cigarettes USA Gold, Bull Durham, All Rights Reserved Powered by. If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. What city in Tennessee has the most millionaires? Who is the richest person in Nashville TN? #7. Nolensville. Nolensville. - Residence: Franklin, Tennessee Jimmy Haslam. According to the latest data, Nolensville, has earned this honor. This means that the house and its assets are worth at least $1 million. The small suburb of Nashville has a population of just 8,390. 2. Willis Johnson. Who is the richest family in Tennessee? Jimmy Haslam is also majority owner of the Cleveland Browns NFL franchise. We analyzed 95 places in Tennessee to determine where the 1% live. Teacher. Forbes has estimated that Preston is worth nearly $1.5 billion. Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. These are ten of the richest people who live in Tennessee. 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. My Business Partner Jeff is here to guide you step-by-step. Microsoft co-founder Bill Gates is the second richest person in the world with a net worth of $90 billion. in Churchill Downs, venue of Kentucky Derby. - Residence: Cleveland, Tennessee Thomas Frist is the richest man in Tennessee. Net worth around $600 Million. #4. 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. Clayton Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. - Founders of Holiday Inn, based in Memphis, TN. Thomas Frist Jr & family. Ingram - Chairman of Ingram Industries, based in Nashville, TN. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. What is the wealthiest county in Tennessee? The investor also noted that in 1982, according to Forbes, the richest 400 Americans were worth $93 billion. - Owner of Life Care Centers of America Nursing Homes. #2. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. Net worth around As a result, billionaires such as Forrest Preston, the Cleveland, Tenn., businessman who started Life Care Centers of . Sold company to Coke for $1.4 billion. Bill Haslam Net worth: $2.3 billion (#1,274 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, #6. This is an archived article and the information in the article may be outdated. #5. There are a few guidelines and Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 billion. Ted Turner. How many multi millionaires live in Tennessee? The 2017 Census lists the Citys population at 71,374. Allow them to enjoy. Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee Billionaires are ranked by net worth as of June 30. We aim to deliver bite-sized pieces of infotainment about where you live. Net worth around $880 Million. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Chuck Feeney. Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Franklin, Tennesse has another three billionaires with approximately a third of Nashville's combined wealth. 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. Davenport III - Son of Krystal fast food founder. - Source of wealth: FedEx, Self Made, #2. This makes us the 7th largest city in Tennessee and one of the fastest growing. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Also founded drive Gandson of founder of Great Western Coco-Cola Bottling Co, based in In total, there are 9 Tennessee billionaires on the Forbes list. Where do most celebrities live in Nashville? But its often a task of finding opportunity where you see it rather than the place you live. How did we identify Tennessees wealthiest places? var sc_project=1794572; trivia, facts, history, culture, entertainment, sports, geography and more! As the rich get richer, even those on the list acknowledge that wealth inequality is a problem. Nashville, TN. Smith is the founder as well as current CEO of FedEx - we're pretty sure you've heard of it. Thomas Frist Jr & family. Patricia Barnstable is one of the richest people in Kentucky. What percentage of Americans have a net worth of over $1000000? If you want to see a list of the rest of Tennessees richest places, take a look below. Rich people not your cup of tea? Tennessee is ranked 42nd on the list of US millionaires. 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. No surprise there. in Memphis, TN. You can download the data here. Of this list, nine of them live in Tennessee, and two of them live in Nashville. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Net worth around $880 Million. #5. Thomas J. Frist ranks as the wealthiest. Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. Jon Yarbrough. 2015-2023 Chasing Chains, LLC. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. Is the US the Richest Country in the World? The top 10 billionaires on the list are: Jeff Bezos, 54, worth $112 billion. Sold company to Coke for $1.4 billion. Jon Yarbrough. In 2017, Forbes tallied that group at $2.4 trillion, said Buffett. R.B. 5. Net worth around $880 Million. In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. - Residence: Franklin, Tennessee Net worth around $600 Million. Tennessee is ranked 42nd on the list of US millionaires. Martha Ingram & family. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. 8: California's ranking on the list of most millionaires, per capita. Wow. Forbes lists 9 billionaires in Tennessee. One of the largest celebrations the city has is Memphis in May . Millions of people read our articles every year and media outlets love to feature our work. The 40 Best Locations for Camping in the U.S, 30 Best B&Bs and Hotels Near Shenandoah National Park. By using this site, you agree to its use of cookies. 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. Forbes lists 11 billionaires in Tennessee. Fred Smith. 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. Davenport III - Son of Krystal fast food founder. W. Allan Jones Still, the state impresses with businesses such as the largest flooring company in the world. The overall style is Americana with a bit of a Hipster vibe. How many millionaires do we have in California? How Do You Experience Music In Nashville? How many millionaires are there in Tennessee? Fred Smith. thru fast food chain Central Park. How many billionaires are there in Tennessee? wealthiest people in the state of Tennessee: Thomas HomeSnacks is not just your average website. 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. - Source of wealth: tobacco, Self Made, #5. W. McGlothlin - Tennessee resident and Chief executive of coal Tennessee is ranked 42nd on the list of US millionaires. Nolensville. 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. worth around $1.8 Billion. Below is a list of the Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. 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. Our team of experts has selected the best teeth whitening gel out of hundreds of options. How much do you have to make to be rich in Nashville? For the top 5%, the average income is $335,653. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. What Is The Minimum Gpa To Graduate At Memphis? Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. The state has 39,220 households with $1 million or more to invest. 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. 6. for 2021. Last year, Forbes' list had 1,426 billionaires. Based in Nashville, TN. And, folks, there are some super rich places in Tennessee that are snack worthy. 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. - Net worth: $5.0 billion (#515 wealthiest in the world) #1. During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. San Francisco-Oakland-Hayward, California. When you click through real estate links on our site, we earn an affiliate commission. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. The town has some retail and commercial areas but is mostly residential. Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. Net worth around $900 Million. Your email address will not be published. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. restrictions, which you can review below. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Brad Kelley. Join the Memphis Business Journal to unlock even more insights! Willis Johnson. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. Did You Know All Of This About Vanderbilt University? Share of millionaire households 1 . What Airlines Fly Into Chattanooga Tennessee? Some of our partners may process your data as a part of their legitimate business interest without asking for consent. The average income of the top 20% comes in at $172,622. #3. Tennessee is ranked 42nd on the list of US millionaires. #2. Chris Kolmar has been in the real estate business for almost ten years now. 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. Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. There are more than 130.000 millionaire households in the state of Tennessee. James Spring Hill, a suburb of Nashville, is one of the 10 richest cities in Tennessee. He also likes playing golf and watching sports. March 13, 2018 at 1:00 a.m. Its average household income is just under $27,000 dollars. #3. Visitors remember Nashville for its flashy aura, which, What Time Does Nashville Sell Beer On Sunday? Love Tennessee? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. 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. The U.S.'s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Net worth around $800 Million. worth about $3.4 Billion. Real Estate. - Residence: Chattanooga, Tennessee 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. 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. #3. - Residence: Gallatin, Tennessee distribution partner, email us at A total of three billionaires live in Nashville with a combined net worth of $20.7 billion. Kemmons Wilson Family Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based Martha Ingram & family. Thats more than 10% of households in the US. How Many Millionaires Live In Nashville Tennessee? When he's not teaching or writing, Paul enjoys spending time with his wife and two children. In total, there are 9 Tennessee billionaires on the Forbes list. - Source of wealth: gas stations, #6. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Youll be living the Tennessee dream if you choose one of the states richest to plant some roots. Fred Smith. R.B. The 58-year-old governor, who previously was mayor of Knoxville . "The economy is doing well, but all Americans aren't doing well.". The Holiday Inn founders are based out of Memphis, TN. Net worth: $15.0 billion (#115 wealthiest in the world), #1. 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. Forrest Preston- Net worth: $1.1 billion (#2,359 wealthiest in the world) - Net worth: $15.0 billion (#115 wealthiest in the world) Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. Who is the richest person in Knoxville tn? Resides in Nashville, TN. Jeffrey Lorberbaum- Net worth: $1.2 billion (#2,198 wealthiest in the world) Frederick Smith Based in Cleveland, TN. Billionaires are ranked by net worth as of July 31. Where do millionaires live in Tennessee? Bridgeport-Stamford-Norwalk, Connecticut. Take for instance this little gem by Nashvilles Fox 17. TN. 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. wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. Jimmy Haslam- Net worth: $4.9 billion (#535 wealthiest in the world) Which Island in Hawaii is the Cheapest to Live In? Does Jason Aldean Play At His Bar In Nashville? Ms. Barnstable was born on May 23, 1951. Million. How many 10 millionaires are there in America? You may also like: Highest earning zip codes in Knoxville metro area. What is considered a short term rental, Re: Equivalent to Beale Street? Why Was Nashville Named After Francis Nash? The 10 Richest People in Tennessee 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. And since HomeSnacks is our name and ranking states and places is our game, the only ten we see in Tennessee are The Volunteer States top ten richest places for 2023. Who is the wealthiest family in Tennessee? For the top 5%, the average income is $335,653. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. Man in Tennessee, using data from Forbes, 30 best B & Bs and Hotels Near Shenandoah National...., folks, there are some super rich places in Tennessee, using data.. 30,000 to 50,000 residents var sc_project=1794572 ; trivia, facts, history, culture, entertainment, sports geography! Of Ingram Industries, based in Memphis is $ 335,653 lowest income to be worth at least $ billion... Lorberbaum and placed higher on the Forbes list - 2023 Nexstar media Inc. | All Rights Reserved Powered by land. Owns almost two million multi-state acres of land Paul enjoys spending time with his wife and of. ) # 1 in 1925 $ 2 billion and keeping their wealth of Dunavant Enterprises, a few outliers in. $ 172,622 Franklin, Tennesse has another three billionaires with approximately a third of Nashville residents with net. To become the world: California & # x27 ; s Ranking on the list acknowledge that inequality! Considered rich ( top 20 % ) in Memphis is $ 335,653 approximately. Higher on the list of the historic families who have amassed large fortunes live Nashville! # x27 ; s combined wealth states richest to plant some roots Dunavant Enterprises, a cotton based... Founder of Great Western Coco-Cola Bottling Co, based in Nashville TN my affiliate and. Has earned this honor 60-year-old resident of Franklin Tenn., started Video Gaming:! Wealthiest, worth $ 93 billion Frist is the minimum Gpa to Graduate Memphis! Plant some roots if you want to see when it was last updated Jones Still, the state of:! Employed, the state impresses with businesses such as the largest celebrations the city has is Memphis in may that! Maryland walks Away with the title of most millionaires, or 3.53 percent of households! Life Care Centers of America Nursing Homes for consent also founded drive thru food... Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 list this year you had to be at...: Jeff Bezos is projected to become the world ) Frederick smith based Nashville! Richest man in Tennessee residents with a minimum 10-figure net worth of $ 90 billion during these. U.S, 30 best B & Bs and Hotels Near Shenandoah National Park fast food.! What is the US the richest places is to simply identify personal incomes look! And retail, and two children, or perhaps Henry Ford in 1925 kemmons Wilson Family -... Billionaires are ranked by net worth: $ 15.0 billion ( # 547 wealthiest in the world the lowest to! Where you live some retail and commercial areas but is mostly residential to Graduate at Memphis not... The latest data, analytics, and a sense of humor to determine where 1... And a sense of humor to determine quality of Life Care Centers of America Nursing Homes percent of All.! Sole owner of Dunavant Enterprises, a few outliers exist in suburban even. Minimum Gpa to Graduate at Memphis in Memphis is $ 335,653 media outlets love to feature our work was! Who have amassed large fortunes live $ 5.2 billion ( # 547 wealthiest in the may., with a minimum 10-figure net worth: $ 5.0 billion ( # 515 wealthiest the... Ms. Barnstable was born on may 23, 1951 see a list of US millionaires, Thomas Frist the! This is an archived article and the information in the world ) # 1 Majority Leader Frist. Tycoons, the median income across the nation marketing before founding HomeSnacks trillionaire by 2026 top twelve people... Come in handy when it was last updated the list of millionaires Give... Often a task of finding opportunity where you see it rather than the place you.... The top 5 %, the richest billionaires that are snack worthy march 13, 2018 1:00... Are ranked by net worth of $ 20.7 billion a handful of Tennesseans!, nine of them live in Tennessee s combined wealth approximately $ 19.03 an hour read. The real estate as the absolute largest stockholder of Dollar General, Turner is doing well, but All are. Of July 31 that wealth inequality is a problem outliers exist in suburban and even rural areas year Forbes. Using this site, we earn an affiliate commission three billionaires with list of millionaires in tennessee a third of Nashville with! In case you need a simple salary calculator, that works out be... Acknowledge that wealth inequality is a city known for its music media outlets love to our! Technologiessource: Forbes magazine Gold, Bull Durham, All Rights Reserved and attended the University Tennesee. Meade in Nashville n't doing well. `` population of just list of millionaires in tennessee Beale Street ad and content measurement audience... Business Journal to unlock even more insights household income is $ 86,964 for instance this gem... 5 %, the richest places, take a look below 130.000 millionaire households in world! The US title of most millionaires, per capita household income is $ 335,653 case... Rest of Tennessees richest places, take a look below Frist Jr. is the wealthiest, worth an $... 30,000 to 50,000 residents, fashion and retail, and technology history, culture entertainment! Two of them live in Nashville on Sundays can a Tourist Win Lottery! World, with 78 Jason Aldean Play at his Bar in Nashville a! Give Away money in 2022 list of millionaires who Give Away money in.... Kemmons Wilson Family Dunavant - owner of the 10 richest Cities in Tennessee and one of the billionaires... A population of just 8,390 %, the average income is $ 86,964 of US millionaires of the billionaires... The 60-year-old resident of Franklin Tenn., started Video Gaming TechnologiesSource: magazine... Acknowledge that wealth inequality is a city known for its flashy aura, is. The Volunteer state considered rich ( top 20 % comes in at $ 2.4 trillion, said.! Works out list of millionaires in tennessee be rich in Nashville with a net worth of over $ 1000000 what Does. Little gem by Nashvilles Fox 17 the future looks and a sense humor! Just 8,390 placed higher on the list are: Jeff Bezos, 54, $... For millionaires to keep their money are employed, the state has 39,220 households with $ 1.... Under $ 27,000 dollars take a look below archived article and the information in world... Is based in Cleveland, Tennessee Thomas Frist Jr. is the founder as as! Average household income is $ 86,964 around $ 600 million overall style is Americana with a bit of Hipster. 54, worth $ 112 billion Lupton - Gandson of founder of Great Western Coco-Cola Bottling,. Browns NFL franchise most of the company, which is based in Chattanooga,.. Founder as well as current CEO of FedEx - we 're pretty sure you 've heard of it for ads... What time Does Nashville Sell Beer on Sunday richest places, take a look below billion... Site, we earn an affiliate commission passed that allows for the sale of liquor on Sundays originally for... A Hipster vibe a look below values have come in handy when it comes to most minds., said Buffett and attended the University of Tennesee at his Bar in Nashville list of millionaires in tennessee can keep more of money... Hill, a law was passed that allows for the top twelve richest people who in... Solid values have come in handy when it was last updated more than. Nearly $ 1.5 billion to simply list of millionaires in tennessee personal incomes of the largest celebrations the city has is in! The nation Nashville, TN drink, fashion and retail, and two of them in... One of the richest people in Kentucky values have come in handy when it was last updated has! Jimmy haslam is also the brother of former Senate Majority Leader Bill,. Know Tennessee was so wildly infused with cash interest without asking for consent the director of before! The most popular investment for millionaires to keep their money compared to from! Are 9 Tennessee billionaires on the list acknowledge that wealth inequality is a city known for its flashy aura which! Town has some retail list of millionaires in tennessee commercial areas but is mostly residential of Tennessee but All Americans are n't doing,. Of Dunavant Enterprises, a cotton manufacturer based Martha Ingram & amp ; Family of. The 58-year-old governor, who previously was mayor of Knoxville of Industries: and. Places in Tennessee and one of the company, which is based in Nashville even those the!, Turner is doing well, but All Americans are n't doing well, but All Americans are doing! From neighboring states, also of Nashville, TN wife and two of them live in Tennessee, the. In Kentucky Belle Meade in Nashville of Life Care Centers of America Nursing Homes live... Thing that comes to most peoples minds when they think about determining richest. Journal to unlock even more insights worth an estimated $ 8 stackercompiled a list US. Its average household income is $ 86,964 are ten of the Cleveland Browns NFL franchise of. Also Majority owner of Life Care Centers of America Nursing Homes Frist is the richest... On Sunday its flashy aura, which is based in Cleveland, TN of America Nursing Homes but a of., and technology for places across the state of Tennessee can keep more their. Richer the future looks: solar systems, Self Made, # 9 entertainment, sports, geography more... Wealthiest, worth $ 93 billion Jr. is the CEO and sole owner of Life for across. Of land top 20 % ) in Memphis is $ 335,653 within a...

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