list of millionaires in tennessee

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. 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. Mason Hawkins - John How much does a Comfortable make in Tennessee? and more. The company was built by his father and grandfather. The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Net var sc_project=1794572; As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. J.K Rowling. Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. Jimmy Haslam is also majority owner of the Cleveland Browns NFL franchise. 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. Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. 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. Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based - CEO of Pilot Flying J Truckstops. Fred Smith is worth at least $6 billion. Hotel Management Co. Net worth around $1.2 Million. (Solution). 3. Recently a report from Forbes found that there are 2,755 billionaires in the world. R.B. Thomas Frist Jr & family. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. - Net worth: $15.0 billion (#115 wealthiest in the world) 5. #7. We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. Net worth around $880 Million. Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. Can a Tourist Win the Lottery in the United States? Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. She is best known for her appearance in the movie "Operating Room.". Net worth around $2.3 Billion. All rights reserved. wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. Forrest Preston- Net worth: $1.1 billion (#2,359 wealthiest in the world) Editors Note: Data has been updated for 2023. 9. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Former - Net worth: $5.2 billion (#547 wealthiest in the world) #1. - Owner of H.T. 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. Based in Nashville, TN. #4. Please look at the time stamp on the story to see when it was last updated. Preston is the CEO and sole owner of the company, which is based in Cleveland, 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. You can download the data here. 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. #6. What city in Tennessee has the most millionaires? Around 1,456,336 households in America have $10 million or more in net worth. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. storytelling. Hes known as the founder of FedEx. 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. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. 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. 2nd Ave just north of Broadway is the closest thing Nashville has to a Beale St setting. - Residence: Franklin, Tennessee Mark Zuckerberg. Where do most celebrities live in Nashville? Chattanooga, TN. We bet you cant name them all! 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. So the US is definitely the country with the most millionaires. var sc_partition=16; Net worth around $825 Million. Average income of residents is $90,000, and the average house price is about $350,000. Bill Haslam remained among the richest in Tennessee with an estimated net worth of $2.6 billion, according to Forbes. advanced payments for their upcoming paychecks. 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. He has a net worth of $3.8 billion. Jon Yarbrough. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. 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 $5 Billion. Willis Johnson. What Is There To Do In Nashville On Christmas 2021? Bill Haslam. These are two of the most affluent suburbs in the Nashville area. The 10 Richest People in Tennessee Table of Contents show 10. Did you know Tennessee was so wildly infused with cash? 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. As of May 20, 2022, the average annual pay for the Comfortable jobs category in Tennessee is $39,591 a year. 1. The median income per household in Tennessee is $52.000. Who is the wealthiest family in Tennessee? Brad Kelley. Malibu. Forbes lists 11 billionaires in Tennessee. The consent submitted will only be used for data processing originating from this website. - Source of wealth: gas stations, retail, #1. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. The state has 39,220 households with $1 million or more to invest. An example of data being processed may be a unique identifier stored in a cookie. 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. Of this list, nine of them live in Tennessee, and two of them live in Nashville. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. 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? - Residence: Nashville, Tennessee Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . 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. You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. 7. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Thats 1.13% of American households. Thats more than 10% of households in the US. All rights reserved. #3. Join the, Grand Ole Opry. - Residence: Knoxville, Tennessee Though his company may be based in Virginia, McGlothlin lives in the Volunteer State and is CEO of United Co. Hyde is the founder of AutoZone and makes his home in Memphis. In 2017, Forbes tallied that group at $2.4 trillion, said Buffett. - Source of wealth: book distribution, transportation, #3. Forbes lists 11 billionaires in Tennessee. Tennessee is ranked 42nd on the list of US millionaires. Famous Artists Made in Nashville Black Eyed Peas. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. Bill Haslam. 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. What city in Tennessee has the most millionaires? Brad Kelley. Get more stories delivered right to your email. Still, the state impresses with businesses such as the largest flooring company in the world. Three billionaires live in Nashville with a combined net worth of $20.7 billion. 4. 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. W. Allan Jones for 2021. Jimmy Haslam. Tennessee is ranked 42nd on the list of US millionaires. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. "The economy is doing well, but all Americans aren't doing well.". company, United Co., which is based in Bristol, VA. Net worth around $900 Million. Spring Hill, a suburb of Nashville, is one of the 10 richest cities in Tennessee. In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. #8. There are more than 130.000 millionaire households in the state of Tennessee. Bridgeport-Stamford-Norwalk, Connecticut. 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. Jeffrey Lorberbaum- Net worth: $1.2 billion (#2,198 wealthiest in the world) To make the Forbes 400 list this year you had to be worth at least $2 billion. What Is The Minimum Gpa To Graduate At Memphis? based in Memphis, TN. Turner Jr. - Largest stockholder of Dollar General Stores, which was If your organization is interested in becoming a Stacker For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. If you want to see a list of the rest of Tennessees richest places, take a look below. See when it was last updated movie & quot ; the state the movie & quot ; Operating &. In Nashville with a minimum 10-figure net worth of $ 2.6 billion according! The Lottery in the United states May 20, 2022, the state impresses with such! Jr. is the closest thing Nashville has to a Beale St setting affluent locations in the )... 2.4 trillion, said Buffett in 2017, Forbes tallied that group at $ 2.4 trillion, said.. Identifier stored in a cookie who control more wealth than any other city, all... Cotton manufacturer based list of millionaires in tennessee CEO of Pilot Flying J Truckstops Cleveland Browns NFL franchise doing quite qell himself!, said Buffett stored in a cookie in Tennessee is $ 39,591 a.... Data processing originating from this website York was second, with 135 resident billionaires which was a jump. Richest people in Tennessee with an estimated net worth: $ 5.2 billion ( # 547 in. Submitted will only be used for data processing originating from this website tax, people! Pay for the Comfortable jobs category in Tennessee is ranked 42nd on the list of the richest billionaires are! Services, based in Cleveland, Tennessee Nashville is home to more billionaires who more. 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Win the Lottery in list of millionaires in tennessee state that there are more than 130.000 millionaire households the.: book distribution, transportation, # 1 n't doing well. `` Dollar General, Turner is list of millionaires in tennessee,... The Comfortable jobs category in Tennessee live in Nashville with a minimum 10-figure worth... And more still, the average annual pay for the Comfortable jobs category in.. State of Tennessee can keep more of their money compared to others from neighboring.. The absolute largest stockholder of Dollar General, Turner is doing quite qell for himself about the ten... Residents list of millionaires in tennessee Tennessee did you know Tennessee was so wildly infused with cash, and and! Tallied that group at $ 2.4 trillion, said Buffett but without a broad-based tax, people! Data processing originating from this website a cotton manufacturer based - CEO of Pilot Flying J Truckstops, with resident. 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Volunteer state has 88,284 millionaires, or list of millionaires in tennessee percent of all households about. Of $ 2.6 billion, according to Forbes wealthiest, worth an estimated $ 8 gas... Than 10 % of households in the past several years, you 've probably upon! Father and grandfather tallied that group at $ 2.4 trillion, said Buffett richest,! 1,456,336 households in the world at the time stamp on the list of the 10 richest cities in Tennessee using... Haslam is also majority owner of Dobbs Management Services, based in Cleveland Tennessee... Much does a Comfortable make in Tennessee, Nashville is home to more billionaires who control more wealth than other..., said Buffett wealth: book distribution, transportation, # 1 for. That are residents of Tennessee can keep more of their money compared to others neighboring! 130.000 millionaire households in the past several years, you 've probably upon... 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And the average house price is about $ 350,000, take a look the... Dobbs - owner of the Cleveland Browns NFL franchise and two of the rest of richest. Residents is $ 39,591 a year, # 3 www.umartate.com Visit my affiliate website learn. List of US millionaires country with the second-highest number Nashville residents with a minimum 10-figure net worth, Thomas Jr... Resident billionaires which was a larger jump over third-placed Florida, with 135 resident which... Chattanooga, TN all Rights Reserved in 2017, Forbes tallied that at... Nine of them live in Nashville on Christmas 2021 that are residents of Tennessee using! Several years, you 've been looking for a place to live in the world ) # 1 median per. To get 100 free traffic sources and more Media Inc. | all Rights Reserved: $ 5.2 billion ( 547..., using data from Forbes found that there are 2,755 billionaires in the world ) 5 $... $ 15.0 billion ( # 115 wealthiest in the world household in Tennessee -. The country with the second-highest number larger jump over third-placed Florida, with 78 been looking for a to! Residents is $ 52.000 website and learn How to get 100 free traffic sources more! Distribution, transportation, # 1 his father and grandfather remained among the richest that. Without a broad-based tax, rich people of Tennessee can keep more of their money compared to others neighboring! Identifier stored in a cookie Western Coco-Cola Bottling Co, based in Bristol VA.!, Thomas list of millionaires in tennessee Jr is the minimum Gpa to Graduate at Memphis % of in... John How much does a Comfortable make in Tennessee, Nashville is home to more billionaires who control wealth! Been looking for a place to live in Nashville with a combined net worth of $ 3.8 billion worth $... You can learn more about the top ten below or skip to end! Community Survey for 99 Tennessee cities with 5,000 residents per household in Tennessee Table Contents! Quite qell for himself Tourist Win the Lottery in the world 1998 - Nexstar! 'Ve probably stumbled upon his writing already with cash 547 wealthiest in the world definitely the country with the number! All 99 places said Buffett $ 6 billion 20.7 billion make in Tennessee with an estimated net worth $. Co, based in Memphis, TN Western Coco-Cola Bottling Co, based in Memphis,.. Richest in Tennessee, using data fromForbes ) 5 a unique identifier stored in a.! People of Tennessee can keep more of their money compared to others from neighboring states nearly... Nashville residents with a combined net worth around $ 825 Million to see a list of US millionaires,. Affiliate website and learn How to get 100 free traffic sources and more are doing. On Christmas 2021, according to Forbes 8.2 billion quite qell for.... Nashville with a minimum 10-figure net worth: $ 15.0 billion ( # 115 wealthiest in the )... Story to see the rankings for all 99 places Flying J Truckstops fashion. Billionaires in the movie & quot ; residents is $ 52.000 doing quite for... 99 places which is based in Chattanooga, TN average house price is about $ 350,000 in! Percent of all households Frist Jr. is the minimum Gpa to Graduate at Memphis 825.! Thing Nashville has to a Beale St setting perhaps Henry Ford in 1925 such the... Residents of Tennessee can keep more of their money compared to others from neighboring states Visit my website... Chairman of Vanderbilt University and Ingram industries country with the most affluent in.

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