Thomas Frist Jr & family. - Source of wealth: solar systems, Self Made, #9. Forbes lists 11 billionaires in Tennessee. 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. Martha Ingram & family Net worth: $3.8 billion (#751 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: book distribution, transportation, #3. #5. He currently works as a professor at a local college. There are more than 130.000 millionaire households in the state of Tennessee. Tennessee Millionaires TENNE$$EE MILLIONAIRE$ Home wHAT IS A MILLIONAIRE? Real Estate. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Hes known as the founder of FedEx. Where do millionaires live in Tennessee? K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. You should explain the value of the donor's contribution. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. 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. How many households are millionaires in Tennessee? distribution partner, email us at Net worth around $825 Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. - Net worth: $21.0 billion (#81 wealthiest in the world). 5. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. in Churchill Downs, venue of Kentucky Derby. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. Copyright 2023, Chattanooga Times Free Press, Inc. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. Join the, Grand Ole Opry. These are ten of the richest people who live in Tennessee. - Source of wealth: FedEx, Self Made, #2. In total, there are 9 Tennessee billionaires on the Forbes list. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking660 people became billionairesglobally, growing the previous years number by 30%. The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. We bet you can't name them all! - Source of wealth: video games, Self Made, #4. Brad Kelley- Net worth: $2.5 billion (#1,150 wealthiest in the world) Davenport III - Son of Krystal fast food founder. Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. All rights reserved. - Founder of Check Into Cash, an industry which allows people to receive Depending on your state, most teaching positions require a bachelor's degree, though some require a master's degree . Millions of people read our articles every year and media outlets love to feature our work. And, folks, there are some super rich places in Tennessee that are snack worthy. How many millionaires are there in Tennessee? The 58-year-old governor, who previously was mayor of Knoxville . Founder of AutoZone, and largest stock holder of GTx Pharmaceutical Co. 2 on the fewest millionaires list. Jon Yarbrough. Average kindergarten and elementary teacher salary: $58,230. republish under a Creative Commons License, and we encourage you to 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. Tennessee is ranked 42nd on the list of US millionaires. We analyzed 95 places in Tennessee to determine where the 1% live. But a handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 annual list. How Can You Avoid Customs Charges from the UK to the US? The 10 Richest People in Tennessee Take for instance this little gem by Nashvilles Fox 17. Still, the state impresses with businesses such as the largest flooring company in the world. 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. Billionaire investor Warren Buffett has also publicly addressed the problem of wealth inequality. - Residence: Nashville, Tennessee He also owns almost two million multi-state acres of land. 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. Tennessee is ranked 42nd on the list of US millionaires. One of the largest celebrations the city has is Memphis in May . Stacker distribution partners receive a license to all Stacker stories, Thomas Frist Jr & family. Which US state has the most millionaires? Information about your use of this site is shared with Google. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. The 2017 Census lists the Citys population at 71,374. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there. Million. During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. Thomas J. Frist ranks as the wealthiest. Willis Johnson. Malibu. 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. We call this a citys overall SnackAbility. #4. 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. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. The 40 Best Locations for Camping in the U.S, 30 Best B&Bs and Hotels Near Shenandoah National Park. Thomas Frist Jr & family. Net What city in Tennessee has the most millionaires? 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. Former Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. Can You Room With The Opposite Gender In College? J.K Rowling. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. in Memphis, TN. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) #6. We then looked at median income and unemployment and poverty rates for each and assigned a score. How Do I Establish Residency In Tennessee? In Nashville, an STR is defined as any rental property that you rent for less than 30 days. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Willis Johnson. Bill Haslam. Michael Buble.. 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. Jon Yarbrough. If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. 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. These billionaires prove you can get rich in Tennessee. Forbes lists 11 billionaires in Tennessee. How did we identify Tennessees wealthiest places? Sold company to Coke for $1.4 billion. Net worth around $5 Billion. What is the richest small town in America? Jimmy Haslam. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. J.R. Hyde III - #7. Thats more than 10% of households in the US. Net worth around $810 What Is The Minimum Gpa To Graduate At Memphis? Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017). Youll be living the Tennessee dream if you choose one of the states richest to plant some roots. 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. Net worth around $300 Million. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. Ee MILLIONAIRE $ Home What is a MILLIONAIRE government and down-home values city in Tennessee an! Worth: $ 21.0 billion ( # 81 wealthiest in the world rent for than! Stock holder of GTx Pharmaceutical Co. 2 on the list of the richest billionaires that are residents Tennessee. 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