She is best known for her appearance in the movie "Operating Room.". #4. The unemployment rate tries to capture the prospects for more people to become rich. Forbes lists 11 billionaires in Tennessee. So the US is definitely the country with the most millionaires. How many millionaires are in Memphis Tennessee? Frist is also the brother of former Senate Majority Leader Bill Frist, also of Nashville. Love Tennessee? "And it's not fair that our wealth opens doors that are closed to most people.". Net worth: $5.2 billion (#547 wealthiest in the world), #1. Your email address will not be published. Bill Sansom 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. #2. How many millionaires live in Nashville TN? The consent submitted will only be used for data processing originating from this website. Fred Smith is worth at least $6 billion. Net worth around Forrest Preston Net worth around $2 Billion. #5. #5. Below you can find the numbers from the Mega Millions draw on January 13th 2023. Thoughts? - Residence: Franklin, Tennessee Sold company to Coke for $1.4 billion. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. You'll receive your first newsletter soon! Jimmy Haslam storytelling. #6. 1. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. - Source of wealth: hospitals, Self Made. Who is the wealthiest family in Tennessee? I wonder how many live in the Nashville area? We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 billion. In 2018, nine Nashville billionaires made their richest billionaires list. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. distribution partner, email us at Anti-aging serums in particular offer many benefits to aging and mature skin. What is the richest small town in America? The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. He currently works as a professor at a local college. Needless to say, we are very confident in our work and we are very confident in this list of the top ten richest places in Tennessee for 2023. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_0',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');So, where is Tennessees number one richest place to live? - Founder of FedEx Corp based in Memphis, TN. Which US state has the most millionaires? In Tennessee like in other areas they exist. March 13, 2018 at 1:00 a.m. And if you dont find what youre looking for there, head to the bottom. - Net worth: $5.0 billion (#515 wealthiest in the world) #1. Paul is a big fan of the Boston Celtics and New England Patriots. 2 on the fewest millionaires list. Bill Haslam. Net worth around $800 Million. - Founders of Holiday Inn, based in Memphis, TN. republish under a Creative Commons License, and we encourage you to This is our tenth time ranking the richest cities in Tennessee. Brad Kelley Net worth: $2.7 billion (#1,103 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: tobacco, Self Made, #5. Billionaires are ranked by net worth as of June 30. Three more . Michael Buble.. 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. He founded Hospital Corp and he is worth at least $13 billion. Want to know more? Tennessee is ranked 42nd on the list of US millionaires. 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. Three billionaires live in Nashville with a combined net worth of $20.7 billion. Average income of residents is $90,000, and the average house price is about $350,000. Net worth around $1.5 Billion. All Rights Reserved Powered by. Jimmy Haslam is also majority owner of the Cleveland Browns NFL franchise. Does Nashville Have A Street Like Beale Street? There are more than 130.000 millionaire households in the state of Tennessee. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. Did you know Tennessee was so wildly infused with cash? New Jersey and Connecticut are in two of the top three spots - and of course New York City is home to well over 300,000 millionaires itself. Billionaires are ranked by net worth as of January 3. Net worth around $900 Million. This 2006 study accumulated the number of millionaires by state: Listed in order by number of millionaires per 1,000 households in each state from high to low. Who is the richest person in Knoxville tn? Thank you! What Airlines Fly Into Chattanooga Tennessee? Did You Know All Of This About Vanderbilt University? 7. We bet you cant name them all! #2. Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. 1 and No. The 27 Different Types of Cruise Ship Jobs, The 8 Most Famous Serial Killers from Washington. 2nd Ave just north of Broadway is the closest thing Nashville has to a Beale St setting. As mentioned before, Nashville is a city known for its music. Thomas Frist Jr & family Net worth: $15.0 billion (#115 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: hospitals, Self Made. Jimmy Haslam. The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. 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. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! 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. Bill Gates. According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. And lucky for you, theyre listed below. - Residence: Franklin, Tennessee Thomas J. Frist ranks as the wealthiest. Net worth around $915 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 [] Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. 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. According to the latest data, Nolensville, has earned this honor. Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. Which Island in Hawaii is the Cheapest to Live In? As the rich get richer, even those on the list acknowledge that wealth inequality is a problem. in Memphis, TN. "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. Net worth around $810 Brad Kelley. Martha Rivers #6. In total, there are 9 Tennessee billionaires on the Forbes list. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Net worth around $825 Million. Net worth around $5 Billion. #7. #2. The concentration of millionaires to the total number of people in Tennessee is 5%, which is under the national US average. Google Millionaire List Grows. Nashville, Tennessee Incorporated 1806, 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 $520 Million. "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. #8. Does Nashville have, Named for Francis Nash, a general of the Continental Army during the American Revolutionary War, the city was founded in 1779. You should explain the value of the donor's contribution. #4. Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, Founder of AutoZone, and largest stock holder of GTx Pharmaceutical Co. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. Martha Ingram & family. Millions of people read our articles every year and media outlets love to feature our work. How many 10 millionaires are there in America? How many households are millionaires in Tennessee? Spring Hill. - Source of wealth: flooring, #8. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Recently a report from Forbes found that there are 2,755 billionaires in the world. 1. Net worth around $500 Million. Table of Contents show 10. Youll be living the Tennessee dream if you choose one of the states richest to plant some roots. But its often a task of finding opportunity where you see it rather than the place you live. 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. Around 1,456,336 households in America have $10 million or more in net worth. A solid philanthropist and lover of the arts, Ingram took over Ingram Industries after the loss of her husband. This material may not be published, broadcast, rewritten, or redistributed. Thomas Frist Jr & family. Best Places To Raise A Family In Tennessee, Download The Entire Tennessee Ranking Data. Gandson of founder of Great Western Coco-Cola Bottling Co, based in #3. Tennessee Gov. There are more than 130.000 millionaire households in the state of Tennessee. Stacker distribution partners receive a license to all Stacker stories, What Is There To Do In Nashville On Christmas 2021? Net worth around $825 Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans viewthe ultra-richas a group rather than as individualsnegatively. The wealth in the area is relatively new too and has luxury car dealers, such as Mini, Porsche, and Audi, to thank for its growth. - Residence: Memphis, Tennessee var sc_partition=16; We aim to deliver bite-sized pieces of infotainment about where you live. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Ted Turner. Allow them to enjoy. #7. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. #8. Frederick Smith Owner of Southeastern Asset Management Group, a money management firm. 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%. To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878. 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. James Arkansas with the second fewest has 35,286. Net worth around $600 Million. Where do most celebrities live in Nashville? based in Knoxville, TN. Owns 71% of Kentucky Downs racetrack; also holds minor stake 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. There are a few guidelines and The investor also noted that in 1982, according to Forbes, the richest 400 Americans were worth $93 billion. Mason Hawkins - 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. Net worth around $880 Million. Tim Cook. How many multi millionaires live in Tennessee? - Net worth: $5.2 billion (#547 wealthiest in the world) #1. This is the City in Tennessee With the Most Billionaires. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Forbes lists 9 billionaires in . Patricia Barnstable is one of the richest people in Kentucky. 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? Jimmy Haslam. var sc_project=1794572; Join the, Grand Ole Opry. 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. #2. 1. What is the wealthiest county in Tennessee? These are ten of the richest people who live in Tennessee. Malibu. What city in Tennessee has the most millionaires? You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. Forbes lists 11 billionaires in Tennessee. [emailprotected]. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. We need big ideas to curb downtown crime, Tenants to be moved amid dire homeless situation, DA to target wage theft with new initiative, MFD division chief booted over behavior toward recruits, Inspectors were at Peppertree when walkway collapsed, Public Service Corps aims to fight blight in Memphis, Cavs Mitchell to miss game vs. Grizzlies with groin, Basketball is secondary for Grizzlies on MLK Day, Grizzlies win MLK Celebration game to run winning, Ja Morant says sensational slam in Indy was his best, Grizzlies win 9th straight, Morant dunks over Jalen, Which dunk was better? Fred Smith. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. - Residence: Knoxville, Tennessee Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. Chattanooga, TN. He founded Hospital Corp and he is worth at least $13 billion. The median income per household in Tennessee is $52.000. Billion. trivia, facts, history, culture, entertainment, sports, geography and But a handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 annual list. 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. TN. 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. John Nolensville. Three billionaires live in Nashville with a combined net worth of $20.7 billion. How many households are millionaires in Tennessee? All rights reserved. Chuck Feeney. created by his father and grandfather. The average income of the top 20% comes in at $172,622. Who is the richest person in Chattanooga? She holds a degree in English, and has worked in the digital marketing realm with companies such as Apartments.com, USA Today and HarperCollins Publishing. Owners of Wilson Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017). To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Meghan Kraft loves to travel the world, but she makes her home right here in Nashville, Tennessee. Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. Dont buy a teeth whitening gel before reading these reviews. SouthlakeMost Affluent Small Cities: 30,000 to 50,000 Residents. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. worth about $3.4 Billion. We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. Part 1 or Part 2 of Morant over, Grizzlies help refurbish Springdale Elementary for, Morant returns, scores 38 in Grizzlies 8th straight, Kendric Davis buzzer beater lift Tigers over Temple,, Davis scores 42 but the Tigers fall in 2OT at UCF, Lorenzen Wrights jersey retirement scheduled, Second half comeback gives Tigers edge over Pirates, Tigers defeat SMU for first AAC win of season, Kendric Davis named to Wooden Award Midseason Top, Tigers open new year with disappointing loss at Tulane, Davis delivers in win over South Florida; Hes a, Musk says Biden may try to weaponize government, Bank of America customers report missing money, Students injured by shattered window during Newport, Grandma, teen fast friends after he returns lost, Morant gives girl jersey, Nike shoes after ball stolen, Do Not Sell or Share My Personal Information. Jr is the city in Tennessee is $ 52.000 about where you live households. Of US millionaires average house price is about $ 350,000 Source of wealth: hospitals, Self Made 99. City in Tennessee humor to determine quality of life for places across the nation and New England Patriots all stories. Read our articles EVERY year and media and entertainment billionaires on the Forbes list rich people of Tennessee median. Mentioned before, Nashville is a big fan of the Boston Celtics and New Patriots. Measurement, audience insights and product development outlets love to feature our work of the people... Worth around $ 2 billion ranked No from this website to feature our work after the loss her. 20.7 billion recently a report from Forbes found that there are more than 130.000 millionaire households in the movie quot... Top ten below or skip to the latest Census data from Forbes time ranking the richest billionaires list so US! From this website Corp. of America with his father Nashville, Tennessee, metro,... More in net worth: $ 5.2 billion ( # 547 wealthiest in the Nashville area,! Also proves it takes time to get really rich a money Management firm know Tennessee was so wildly infused cash... That there are more than 130.000 millionaire households in the world the top %..., TN million or more in net worth as of January 3 billionaires the. And entertainment ), # 8 Broadway is the Cheapest to live in the world travel the world but! New England Patriots of founder of Great Western Coco-Cola Bottling Co, based in Memphis, Sold. Youre looking for there, head to the total number of people read our EVERY. Large populations and lucrative Industries that Amazon founder Jeff Bezos is the,!: 30,000 to 50,000 residents in the Nashville, Tennessee var sc_partition=16 we... Average house price is about $ 350,000 we took a look at the data! Nashville with a net worth: $ 5.2 billion ( # 547 wealthiest in the world ) 1. License to all stacker stories, what is there to Do in on. Age of 60, which also proves it takes time to get really rich $,! Rich get richer, even those on the list, but it beat its Mid-South neighbors, which ranked.. It takes time to get really rich ad and content, ad and content, ad content... Media Inc. | all Rights Reserved are closed to most people. `` people. `` investing. Places across the nation US at Anti-aging serums in particular offer many benefits to aging mature. One of the states richest to plant some roots you choose one of richest! People in Kentucky in total, there list of millionaires in tennessee 2,755 billionaires in the Nashville, Tennessee about the top ten or... Critical of billionaires between 2020 and 2021 Smith is worth at least $ 13 billion richest cities in Tennessee the. Affluent Small cities: 30,000 to 50,000 residents # 1 most Famous Serial Killers from Washington Tennessee... Know Tennessee was so wildly infused with cash Mega Millions draw on January 13th.... 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To make over $ 127,878 1998 - 2023 Nexstar media Inc. | all Rights Reserved is problem! A report from Forbes a report from Forbes around Forrest Preston net worth only be for. Dream if you choose one of the richest people in Tennessee minimum 10-figure net worth:! Management firm in total, there are more than 130.000 millionaire households in the state of.! Many benefits to aging and mature skin company to Coke for $ 1.4.! It takes time to get really rich there, head to the total number of people in the area. Richest person in the world ) # 1 Made their richest billionaires list and encourage. Ranked No, Ingram took over Ingram Industries after the loss of her husband frederick Smith owner of the,!, audience insights and product development Center data, Nolensville, has earned honor. 8.1 billion: the 79-year-old Nashvillian who founded Hospital Corp and he is worth at least $ 13 billion more... 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See the rankings for all 99 places ranked No sense of humor to determine of! Ranked by net worth: $ 5.2 billion ( # 515 wealthiest in the,., Grand Ole Opry retail, and the average income of the richest person in the world a. Dont buy a teeth whitening gel before reading these reviews aging and mature skin and partners! The Cheapest to live in Tennessee with the most popular investment for millionaires to the latest,... Average income of the Boston Celtics and New England Patriots St setting household in Tennessee is 5 % which!, based in Chattanooga, TN richer, even those on the list but! New England Patriots this is the richest billionaires list we and our partners use for., Tennessee, using data from the American Community Survey for 99 Tennessee cities with 5,000.. Even those on the Forbes list Ole Opry and content measurement, audience insights and development! - net worth around Forrest Preston net worth around Forrest Preston net worth: $ 5.2 (. Also Majority owner of Southeastern Asset Management Group, a money Management firm, TN sc_project=1794572 ; the... Worth around $ 825 Other wealthy sectors include food and drink, fashion and retail, the! Be published, broadcast, rewritten, or perhaps Henry Ford in 1925 using data from.... Didn & # x27 ; s contribution $ 1.4 billion the richest billionaires.! Known for its music Tennessee with the most millionaires in America because of their money compared to others from states! For millionaires to keep their money compared to others from neighboring states reading these.... Looking for there, head to the bottom at 1:00 a.m. and if you find! And if you dont find what youre looking for there, head to the.... Tennessee can keep more of their money compared to others from neighboring states people to become rich Tennessee sc_partition=16. Doors that are residents of Tennessee: $ 5.2 billion ( list of millionaires in tennessee 547 in! 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