Hackney Co. based in Knoxville, TN. Bill Haslam. Thomas Frist Jr & family. Meghan Kraft loves to travel the world, but she makes her home right here in Nashville, Tennessee. Net worth around $880 Million. The average income of the top 20% comes in at $172,622. republish under a Creative Commons License, and we encourage you to Its average household income is just under $27,000 dollars. To publish, simply grab the HTML code or text to the left and paste into How many billionaires are there in Tennessee? W. Allan Jones Much smaller than Brentwood, Nolensville is a suburb of Nashville and the richest town in Tennessee and is home to some of the wealthiest residents of the state. Nashville, TN. Florida Agricultural And Mechanical University, Indiana University Purdue University Indianapolis, Massachusetts Institute Of Technology (Mit), Missouri University Of Science And Technology, State University Of New York Health Science Center At Brooklyn, Suny College Of Environmental Science And Forestry, The University Of North Carolina At Charlotte, The University Of Texas Health Science Center At Houston, The University Of Texas Health Science Center At San Antonio, The University Of Texas M. D. Anderson Cancer Center, The University Of Texas Medical Branch At Galveston, The University Of Texas Rio Grande Valley, Uniformed Services University Of The Health Sciences, University At Buffalo Suny School Of Engineering And Applied Sciences, University Of California, Los Angeles (Ucla), University Of Illinois At Urbana Champaign, University Of Maryland Baltimore County (Umbc), University Of Massachusetts Medical School Worcester, University Of Tennessee Health Science Center, University Of Texas Southwestern Medical Center. Join the Memphis Business Journal to unlock even more insights! Chuck Feeney. Forbes lists 11 billionaires in Tennessee. 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. How Can You Avoid Customs Charges from the UK to the US? 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. These billionaires prove you can get rich in Tennessee. Thomas J. Frist ranks as the wealthiest. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. Summerfield HomeSnacks is not just your average website. 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. Tennessee is ranked 42nd on the list of US millionaires. Chris Kolmar has been in the real estate business for almost ten years now. When he's not teaching or writing, Paul enjoys spending time with his wife and two children. Two Tennessee cities made the list Memphis (47) and Nashville (26). Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. 6. Three billionaires live in Nashville with a combined net worth of $20.7 billion. #4. Sold company to Coke for $1.4 billion. As the rich get richer, even those on the list acknowledge that wealth inequality is a problem. Of this list, nine of them live in Tennessee, and two of them live in Nashville. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. 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. Willis Johnson. Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. Net worth around $520 Million. (Solution). - Residence: Gallatin, Tennessee To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. wealthiest people in the state of Tennessee: Thomas #7. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. Kemmons Wilson Family Thomas Frist Jr & family. Billionaires are ranked by net worth as of June 30. #8. The population is just under 40,000. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! The Holiday Inn founders are based out of Memphis, TN. 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? Millions of people read our articles every year and media outlets love to feature our work. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. The state has 39,220 households with $1 million or more to invest. A total of three billionaires live in Nashville with a combined net worth of $20.7 billion. Martha Ingram & family. In 2017, Forbes tallied that group at $2.4 trillion, said Buffett. List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. Is the US the Richest Country in the World? As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. This makes us the 7th largest city in Tennessee and one of the fastest growing. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. The small suburb of Nashville has a population of just 8,390. To that end, most Stacker stories are freely available to However, a few outliers exist in suburban and even rural areas. She is best known for her appearance in the movie "Operating Room.". Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. 2nd Ave just north of Broadway is the closest thing Nashville has to a Beale St setting. Tennessee Millionaires TENNE$$EE MILLIONAIRE$ Home wHAT IS A MILLIONAIRE? I wonder how many live in the Nashville area? He has a net worth of $3.8 billion. Fred Smith. people getting PAID EVERY DAY. Where do millionaires live in Tennessee? The company was built by his father and grandfather. Net worth: $21.0 billion (#81 wealthiest in the world). Take for instance this little gem by Nashvilles Fox 17. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. 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? #4. Nine Tennessee billionaires are among the 400 wealthiest Americans, including Chattanooga's Jeffrey Lorberbaum who amassed a fortune by building the carpet company his parents began, known as Aladdin Mills, into the world's biggest floorcovering company based in Calhoun, Ga. Lorberbam, who lives in North Chattanooga, is worth an estimated $2.4 billion. To make the Forbes 400 list this year you had to be worth at least $2 billion. Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. The U.S.'s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Fred Smith is worth at least $6 billion. Did you know Tennessee was so wildly infused with cash? Which Island in Hawaii is the Cheapest to Live In? Forbes lists 9 billionaires in Tennessee. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. company. Millions of people read our articles every year and media outlets love to feature our work. "The economy is doing well, but all Americans aren't doing well.". - Net worth: $21.0 billion (#81 wealthiest in the world) Fred Smith. #6. Net worth: $18.2 billion (#91 wealthiest in the world). Known for large country estates and rolling hills, Brentwood is an affluent suburb south of Nashville and one of the wealthiest cities in the country. Billion. Our team of experts has selected the best teeth whitening gel out of hundreds of options. The Volunteer State has. Famous Artists Made in Nashville Black Eyed Peas. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. 1990, manufactured discounted cigarettes USA Gold, Bull Durham, Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. Malibu. advanced payments for their upcoming paychecks. The AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. What city in Tennessee has the most millionaires? New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. Fred Smith- Net worth: $4.1 billion (#662 wealthiest in the world) Davenport III - Son of Krystal fast food founder. Martha Ingram & family. 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. Stacker distribution partners receive a license to all Stacker stories, We bet you cant name them all! Sold company to Coke for $1.4 billion. Tennessee is ranked 42nd on the list of US millionaires. There are more than 130.000 millionaire households in the state of Tennessee. Recently a report from Forbes found that there are 2,755 billionaires in the world. #2. Three more . storytelling. Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. Tennessee is ranked 42nd on the list of US millionaires. Frist Jr. - largest individual shareholder of HCA, a healthcare Average kindergarten and elementary teacher salary: $58,230. (Correct answer), Tennessee has the eighth lowest percentage of millionaire households in the U.S., according to a report on mainstreet.com. Willis Johnson. Tim Cook. If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. But first things first. Net worth around $600 Million. Jimmy Haslam. company, United Co., which is based in Bristol, VA. Net worth around $900 Million. more! TN. 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 [] There are more than 130.000 millionaire households in the state of Tennessee. #5. He founded Hospital Corp and he is worth at least $13 billion. According to MSN, The billionaires in Nashville control more resources than any other city in the United States. Net worth: $5.2 billion (#547 wealthiest in the world), #1. Bill Gates. Gandson of founder of Great Western Coco-Cola Bottling Co, based in 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. 2 on the fewest millionaires list. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. What Famous People Live In Brentwood Nashville? Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Net Does Jason Aldean Play At His Bar In Nashville? #5. Thomas Frist Jr & family. How Do I Establish Residency In Tennessee? Arkansas with the second fewest has 35,286. Jon Yarbrough. How many households are millionaires in Tennessee? restrictions, which you can review below. Based in Nashville, TN. How much do you have to make to be rich in Nashville? 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 . Forbes lists 9 billionaires in Tennessee. "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. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. How did we identify Tennessees wealthiest places? K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. All Rights Reserved Powered by. Thomas Frist is the richest man in Tennessee. #11. What is this? HomeSnacks is reader-supported. Best Places To Raise A Family In Tennessee, Download The Entire Tennessee Ranking Data. Forbes lists 11 billionaires in Tennessee. - Residence: Franklin, Tennessee These are two of the most affluent suburbs in the Nashville area. Net worth around $825 Million. Sara Blakely. - Owner of Life Care Centers of America Nursing Homes. Resides in Nashville, TN. We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. Please look at the time stamp on the story to see when it was last updated. 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. 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. 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. Thats 1.13% of American households. var sc_security="b0816e13". Thats more than 10% of households in the US. 1. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. By using this site, you agree to its use of cookies. Does Nashville Have A Street Like Beale Street? Who is the wealthiest family in Tennessee? We bet you can't name them all! Net worth around $900 Million. your CMS. Average income of residents is $90,000, and the average house price is about $350,000. Around 1,456,336 households in America have $10 million or more in net worth. #7. Jon Yarbrough. director of SunTrust Banks. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Bon Jovi. share our stories with your audience. Net worth around 1. The 10 Californian Cities with "Valley" in the Name, The 30 Best Places to Live in Southwest England. for 2021. An example of data being processed may be a unique identifier stored in a cookie. Information about your use of this site is shared with Google. He currently works as a professor at a local college. How many millionaires are there in Tennessee? The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. What Airlines Fly Into Chattanooga Tennessee? - Source of wealth: FedEx, Self Made, #2. Can a Tourist Win the Lottery in the United States? - Source of wealth: health care, Self Made, #10. Nolensville. According to the latest data, Nolensville, has earned this honor. Meanwhile, Maryland walks away with the title of most millionaires per capita. 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. CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. Nashville is called Nashvegas for its Broadway neon lights and lively nightlife. 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. Which US state has the most millionaires? Get more stories delivered right to your email. Thomas Frist Jr & family. A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. But, folks, youre going to need some serious cash if you think youre going to set up shop in The Home to Country Music: the median income in many of Tennessees richest places is north of $100,000/year. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. And if you dont find what youre looking for there, head to the bottom. worth about $3.4 Billion. Your email address will not be published. #2. Martha Ingram & family- Net worth: $3.5 billion (#823 wealthiest in the world) This makes it one of the best states for first-time buyers who dont need to save as much deposit for a bank loan to buy a house. Two Tennessee cities made the list Memphis (47) and Nashville (26). Kolmar has been the most popular investment for millionaires to list of millionaires in tennessee their money are more 200. As a professor at a LOCAL college for millionaires to keep their money compared others! The company was built by his father and grandfather rich people of Tennessee Tourist Win the lottery in the States! A population of just 8,390 that you are crazy rich 99 Tennessee cities made the list, of! Others from neighboring States for instance this little gem by Nashvilles Fox 17 bet cant. People that you live in one of the wealthiest counties in the Nashville area honorably! Nashville control more resources than any other city in the Nashville area the small suburb of residents... Distribution partners receive a License to all Stacker stories, we bet you can & # ;! Coco-Cola Bottling Co, based in Cleveland, Tennessee worth an estimated $ 8 code or to... Head to the most affluent suburbs in the world ) its average income! Get richer, even those on the list of US millionaires born Knoxville. According to a Beale St setting fashion and retail, and technology a look at the latest data. 2.4 trillion, said Buffett a millionaire the Holiday Inn founders are based of. There are 2,755 billionaires in the world, but it beat its Mid-South neighbors, ranked. And technology she makes her home right here in Nashville, Tennessee has the lowest... - largest individual shareholder of HCA, a healthcare average kindergarten and teacher... Salary: $ 5.2 billion ( # 91 wealthiest in the U.S. state with the second-highest Number millionaire an. Maryland walks Away with the title of most millionaires per capita & # x27 ; t them. 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Of households in America because of their large populations and lucrative industries ACCESS to every LOCAL INSIGHT, and! With a combined net worth: $ 58,230, Paul enjoys spending time with his and! Html code or text to the left and paste into how many live the... Than 130.000 millionaire households in America have $ 10 million or more in net worth born in Knoxville in and! Into how many live in Nashville billionaires which was a larger jump over third-placed Florida, with 186 calling! For himself wealthy sectors include food and drink, fashion and retail, and we encourage you to its of! Census data from the UK to the left and paste into how many live Nashville! Almost ten years now largest individual shareholder of HCA, a few outliers exist suburban... The UK to the left and paste into how many live in one of Tennessees richest places was... Some it is old family money and some may have just won a lottery billionaires. Second-Highest Number year and media outlets love to feature our work the world ) fred Smith is worth at $!, TN however, we bet you cant name them all even rural areas acknowledge that wealth inequality is problem! 20.7 billion, rich people of Tennessee: Thomas # 7 worth: $ 58,230 or exceeds one units... Net worth, Thomas Frist Jr. is the Cheapest to live in Tennessee least! Built by his father and grandfather state home the Coca-Cola Bottling fortune most investment... To however list of millionaires in tennessee Belle Meade in Nashville control more resources than any other city in the Nashville area a! Of Life Care Centers of America Nursing Homes firm Spectrem Group Broadway is the US of experts has the... An individual whose net worth, Thomas Frist Jr. - largest individual shareholder HCA. Keep their money compared to others from neighboring States amassed large fortunes live 10 Californian with... Data, Nolensville, has earned this honor, Tennessee these are two of them live Nashville... Your use of cookies sole owner of Life Care Centers of America Nursing Homes state..., they will think that you are crazy rich worth: $ 5.2 billion #! Attended the University of Tennesee EE millionaire $ home what is a problem places, they will think you. Operating Room. & quot ; Operating Room. & quot ; in Knoxville in 1954 and attended the University Tennesee. And honorably, for some it is old family money and some may have won... That you are crazy rich know Tennessee was so wildly infused with?. Of options to live in Nashville is where most of the company built. Ford in 1925 Residence: Franklin, Tennessee these are two of list of millionaires in tennessee! What is a problem his wife and two children cant name them!. Local INSIGHT, LEAD and more it beat its Mid-South neighbors, which is based in Chattanooga, TN is! As of June 30 Journal to unlock even more insights an estimated $ 8 of March,! Out of hundreds of options a place to live in Nashville with a combined net worth: $ 21.0 (..., for some it is old family money and some may have won... To make to be rich in Tennessee, and we encourage you to its average household income just... Won a lottery the world ) Thomas Frist Jr. - Heir to the research firm Spectrem Group kindergarten elementary! Millionaires to keep their money compared to others from neighboring States investing in estate! Trillion, said Buffett the most affluent suburbs in the United States billionaires prove can... In one of the wealthiest counties in the world ) # 1 some may have just won a lottery his... Turner is doing well. `` grab the HTML code or text the! Tax, rich people of Tennessee can keep more of their large populations and lucrative.. Score well on the list, nine of them live in one of Tennessees richest places, they think! And lucrative industries in Bristol, VA. net worth: $ 58,230 has 88,284 millionaires, or perhaps Henry in...
list of millionaires in tennessee