Below you can find the numbers from the Mega Millions draw on January 13th 2023. Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. Can You Room With The Opposite Gender In College? How many multi millionaires live in Tennessee? The CEO of popular Pilot Flying J and owner of the Cleveland Browns is well set when it comes to his bank account. trivia, facts, history, culture, entertainment, sports, geography and - Net worth: $5.2 billion (#547 wealthiest in the world) #1. 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. 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. Fred Smith is worth at least $6 billion. We bet you can't name them all! Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. In doing so, youre agreeing to the below guidelines. - Founder of Check Into Cash, an industry which allows people to receive Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. director of SunTrust Banks. I wonder how many live in the Nashville area? This material may not be published, broadcast, rewritten, or redistributed. worth about $3.4 Billion. Jimmy Haslam. 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. Sara Blakely. Net worth: $15.0 billion (#115 wealthiest in the world), #1. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. - Residence: Nashville, Tennessee Nolensville. In total, there are 9 Tennessee billionaires on the Forbes list. What is the richest small town in America? After all, rich people have really high salaries. Required fields are marked *, Copyright . Bridgeport-Stamford-Norwalk, Connecticut. Tim Cook. #8. He is the brother of former Senate Majority Leader Bill Frist. Frederick Smith, $4.9 billion: The 73-year-old Memphis businessman who founded FedEx, one of the world's biggest package delivery companies.Other Tennesseans on the Forbes 400 list include: Martha Ingram, $4.7 billion: The 82-year-old Nashvillian whose family owns Ingram Industries, a distribution and marine firm. Brad Kelley, $2.3 billion: The 61-year-old resident of Franklin, Tenn., who founded Commonwealth Brands, maker of UA Gold and Malibu cigarettes and is one of the largest land owners in the United States. Jon Yarbrough, $2 billion: The 60-year-old resident of Franklin Tenn., started Video Gaming TechnologiesSource: Forbes magazine. Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. 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. Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans view the ultra-richas a group rather than as individualsnegatively. Copyright 2023, Chattanooga Times Free Press, Inc. Spencer Hays - Owner of Southwestern/Great American Inc. based in Tennessee Gov. 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. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. Youll be living the Tennessee dream if you choose one of the states richest to plant some roots. When he's not teaching or writing, Paul enjoys spending time with his wife and two children. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. A new survey has found that there are 13.61 million households that have a net worth of $1 million or more, not including the value of their primary residence. What Is There To Do In Memphis For Families? How much does a Comfortable make in Tennessee? If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. 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. - Owner of Life Care Centers of America Nursing Homes. 10) James W. McGothlin - 900 million Mason Facebook founder Mark Zuckerberg is the fifth richest person in the world, with a net worth of $71 billion. R.B. Forbes lists 9 billionaires in Tennessee. Nolensville. He founded Hospital Corp and he is worth at least $13 billion. 1. Will MPD release footage of Tyre Nichols arrest? Tennessee is ranked 42nd on the list of US millionaires. What is the wealthiest county in Tennessee? Thomas J. Frist ranks as the wealthiest. Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. The small suburb of Nashville has a population of just 8,390. The consent submitted will only be used for data processing originating from this website. The state has 39,220 households with $1 million or more to invest. Michael Buble.. Sold company to Coke for $1.4 billion. 120,000 Millionaires Are Living in Tennessee Land Between the Lakes Jul 1, 2017 1 2 Next Jul 1, 2017 #1 Land Between the Lakes Well-Known Member Joined May 6, 2015 Messages 694 Location Kentucky/ Barkley Lakes According to a recent article, there are around 120,000 millionaires living in Tennessee. This is the equivalent of $761/week or $3,299/month. in Memphis, TN. Meanwhile, Maryland walks away with the title of most millionaires per capita. Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. Net worth around $800 Million. But even wealthier than Jimmy Haslam's $3.6 billion fortune are three other Tennesseans, including FedEx Founder Fred Smith of Memphis, worth an estimated $4.9 billion, and Hospital Corp. of America (HCA) co-founder Thomas First Jr. of Nashville, worth an estimated $8.1 billion. system. Net worth around $600 Million. #5. Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) 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. 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 $520 Million. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. Mark Zuckerberg. Although Franklin, Tennessee is also home to three billionaires, their combined net worth of $6.9 billion falls short of the combined wealth of billionaires in Nashville. Jimmy Haslam We bet you cant name them all! Thomas Frist Jr & family. 3. These billionaires prove you can get rich in Tennessee. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Forbes lists 9 billionaires in Tennessee. In 2018, nine Nashville billionaires made their richest billionaires list. Want to know more? - Residence: Memphis, Tennessee "The real problem, in my view, is - this has been - the prosperity has been unbelievable for the extremely rich people," said Buffett on PBS Newshour in June. Patricia Barnstable Net worth: $16 million. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. Willis Johnson Net worth: $1.8 billion (#1,669 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: damaged cars, Self Made, #7. Net worth around $900 Million. Net worth around 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. company, United Co., which is based in Bristol, VA. Net worth around $900 Million. Net worth around $825 Tennessee: 139,335 5.21% 20 Forbes lists 11 billionaires in Tennessee. There are a few guidelines and Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. The average income of the top 20% comes in at $172,622. (Solution). Of this list, nine of them live in Tennessee, and two of them live in Nashville. Thomas Frist Jr & family Net worth: $15.0 billion (#115 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: hospitals, Self Made. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Martha Ingram & family Net worth: $3.8 billion (#751 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: book distribution, transportation, #3. 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. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey: Median household income is the most digestible way to understand how rich a place really is. 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. Grundy CountyGrundy County has been ranked as the poorest county in Tennessee. FRANKLIN, TN Williamson County is once again the wealthiest county in Tennessee and among the wealthiest in the nation, according to data released by the United States Census Bureau. This is our tenth time ranking the richest cities in Tennessee. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. Based in Nashville, TN. - Source of wealth: book distribution, transportation, #3. Tennessee is ranked 42nd on the list of US millionaires. Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. 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. 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. Jon Yarbrough. Below is a list of the for 2021. Thomas Frist is the richest man in Tennessee. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Counties with the longest life expectancy in Tennessee, Where people in Moore County, TN are moving to most, Highest-paying management jobs in Nashville, See how much plumbers, HVAC technicians, and electricians are paid in Tennessee, Places with the fastest growing home prices in Jackson County, TN, How Fentress County, TN feels about climate change, Places with the most expensive homes in Wayne County, TN, Puppies available for adoption in Chattanooga, Cities with the most expensive homes in Chattanooga metro area, 50 historic photos from American military history, https://creativecommons.org/licenses/by-nc/4.0/?ref=chooser-v1. Last year, Forbes' list had 1,426 billionaires. Five Tennessee residents made the list . 1.2% (year: 2018) Memphis is well known for its cultural contributions to the identity of the American south and barbequing cuisine. 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. Clayton Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. Fred Smith. Frederick Smith Tennessee is ranked 42nd on the list of US millionaires. Continue with Recommended Cookies. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. #7. If your organization is interested in becoming a Stacker Microsoft co-founder Bill Gates is the second richest person in the world with a net worth of $90 billion. However, a few outliers exist in suburban and even rural areas. Tell us in the comments! Smith is the founder as well as current CEO of FedEx - we're pretty sure you've heard of it. You'll receive your first newsletter soon! Your email address will not be published. According to the latest data, Nolensville, has earned this honor. 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. How many 10 millionaires are there in America? Net worth around $1.5 Billion. Brad Kelley. Nolensville. To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878. Who is the wealthiest family in Tennessee? - Source of wealth: video games, Self Made, #4. Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. #6. We call this a citys overall SnackAbility. Forbes lists 11 billionaires in Tennessee. There are more than 130.000 millionaire households in the state of Tennessee. If you want to make sure you have the necessary supplies on hand to treat a future breakout, acne patches are the answer. - Residence: Franklin, Tennessee wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. There are more than 130.000 millionaire households in the state of Tennessee. Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. Net Forbes has estimated that Preston is worth nearly $1.5 billion. Nashville, TN. What city in Tennessee has the most millionaires? He's known as the founder of FedEx. Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. Also founded drive The 10 Richest People in Tennessee What is this? - Net worth: $21.0 billion (#81 wealthiest in the world). Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) 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? Millions of people read our articles every year and media outlets love to feature our work. 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. Net worth: $21.0 billion (#81 wealthiest in the world). W. McGlothlin - Tennessee resident and Chief executive of coal Three billionaires live in Nashville with a combined net worth of $20.7 billion. Willis Johnson. Does Jason Aldean Play At His Bar In Nashville? - Residence: Cleveland, Tennessee Net worth around $2.3 Billion. What Airlines Fly Into Chattanooga Tennessee? Mason Hawkins - "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. There are more than 130.000 millionaire households in the state of Tennessee. What percentage of Americans have a net worth of over $1000000? Of. - Residence: Franklin, Tennessee #2. Martha Rivers Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. How Much Does a Hotel Room Cost Per Night? During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. How many millionaires live in Nashville TN? Net worth around $500 Million. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. Stacker believes in making the worlds data more accessible through Million. Tennessee is ranked 42nd on the list of US millionaires. Does Nashville Have A Street Like Beale Street? Owners of Wilson 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Jeffrey Lorberbaum- Net worth: $1.2 billion (#2,198 wealthiest in the world) Chris Kolmar has been in the real estate business for almost ten years now. #8. #8. Tennessee Millionaires TENNE$$EE MILLIONAIRE$ Home wHAT IS A MILLIONAIRE? Bill Gates. Thomas Frist Jr & family. Which Island in Hawaii is the Cheapest to Live In? 9. 5. 2015-2023 Chasing Chains, LLC. A solid philanthropist and lover of the arts, Ingram took over Ingram Industries after the loss of her husband. #9. HomeSnacks is reader-supported. - Source of wealth: damaged cars, Self Made, #7. 1. Martha Ingram & family. Bill Sansom Our team of experts has selected the best teeth whitening gel out of hundreds of options. 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. In Tennessee like in other areas they exist. Billion. Hes known as the founder of FedEx. The average income of the top 20% comes in at $172,622. 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. How did we identify Tennessees wealthiest places? Net worth around $880 Million. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. There are more than 130.000 millionaire households in the state of Tennessee. James Jon Yarbrough. When you click through real estate links on our site, we earn an affiliate commission. All Rights Reserved Powered by. McWhorter - Owner of Clayton Associates, a healthcare services , Thomas Frist Jr., $ 8.1 billion: the 79-year-old Nashvillian who founded Corp... Be published, broadcast, rewritten, or redistributed wealthiest in the world ) #! March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state most... Been the most popular investment for millionaires to keep their money in Hawaii is the brother of Senate... Millions draw on January 13th 2023 the topic of education have a net worth $. Californiaas of March 2022, California was the U.S. state with most billionaires with. 115 wealthiest in the world ), # 3 Texas, the top twelve richest people in Tennessee billion! Keep their money compared to others from neighboring states transportation, #.. Franklin, Tennessee, Nashville is home to more billionaires who control more wealth than any other.... A broad-based tax, rich people have really high salaries about helping students learn grow... As the founder of FedEx - we 're pretty sure you 've stumbled! Mcwhorter - Owner of Dobbs Management Services, based in Chattanooga, TN just won lottery. At $ 172,622 his father articles every year and media outlets love feature... $ 19.03 an hour media outlets love to feature our work the second-highest number this! Took over Ingram industries after the loss of her husband 139,335 5.21 % 20 Forbes lists billionaires. Per capita two of them live in Nashville with a minimum 10-figure net worth of over $ 127,878 VA. worth. My affiliate website and learn how to get 100 Free traffic sources and more richest billionaires that are residents Tennessee! Suburban and even rural areas $ 172,622 Nursing Homes 60-year-old resident of Franklin,... Feature our work 5.21 % 20 Forbes lists 11 billionaires in Tennessee, metro area, you heard... Outlets love to feature our work for some it is old family money and some may have just won lottery... 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