Want to know more? Net worth around $900 Million. 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. 8: California's ranking on the list of most millionaires, per capita. company. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Cal Millions of people read our articles every year and media outlets love to feature our work. What is this? Three billionaires live in Nashville with a combined net worth of $20.7 billion. 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. To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878. If you want to make sure you have the necessary supplies on hand to treat a future breakout, acne patches are the answer. Forbes lists 9 billionaires in Tennessee. Brad Kelley. 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. The population is just under 40,000. 10) James W. McGothlin - 900 million Mason 1.2% (year: 2018) Memphis is well known for its cultural contributions to the identity of the American south and barbequing cuisine. Owner of Southeastern Asset Management Group, a money management firm. - Residence: Franklin, Tennessee Jimmy Haslam. #7. Mark Zuckerberg. - Residence: Knoxville, Tennessee 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. There are more than 130.000 millionaire households in the state of Tennessee. Patricia Barnstable is one of the richest people in Kentucky. - Source of wealth: damaged cars, Self Made, #7. Forbes lists 9 billionaires in . Bill Haslam. You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. "And it's not fair that our wealth opens doors that are closed to most people.". Willis Johnson Net worth: $1.8 billion (#1,669 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: damaged cars, Self Made, #7. Tennessee is ranked 42nd on the list of US millionaires. We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. Billionaires are ranked by net worth as of January 3. Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. My Business Partner Jeff is here to guide you step-by-step. These are the five winning numbers and Mega Ball that you need to match to win a prize for the draw on January 13th. What Is There To Do In Memphis For Families? He also owns almost two million multi-state acres of land. #4. Forrest Preston- Net worth: $1.1 billion (#2,359 wealthiest in the world) These billionaires prove you can get rich in Tennessee. Net based in Memphis, TN. Thomas Frist Jr & family. #8. The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. 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. Tell us in the comments! Jimmy Haslam. Average kindergarten and elementary teacher salary: $58,230. Arkansas with the second fewest has 35,286. 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. Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. thru fast food chain Central Park. Bill Haslam- Net worth: $2.5 billion (#1,152 wealthiest in the world) Million. Who is the wealthiest family in Tennessee? What Is Considered A Short Term Rental In Nashville Tn? The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Average income of residents is $90,000, and the average house price is about $350,000. "The economy is doing well, but all Americans aren't doing well.". 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. The Holiday Inn founders are based out of Memphis, TN. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. If more people are employed, the richer the future looks. This is the City in Tennessee With the Most Billionaires. Billionaires are ranked by net worth as of July 31. 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. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%. Thats 1.13% of American households. There are more than 130.000 millionaire households in the state of Tennessee. #8. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8.2 billion Total households: 567,486. 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. How many households are millionaires in Tennessee? Thomas Frist is the richest man in Tennessee. You'll receive your first newsletter soon! Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. Who is the richest person in Knoxville tn? Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. Forbes lists 11 billionaires in Tennessee. 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. Net worth around $800 Million. He has a net worth of $3.8 billion. Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. republish under a Creative Commons License, and we encourage you to 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 . R.B. Bridgeport-Stamford-Norwalk, Connecticut. Best Places To Raise A Family In Tennessee, Download The Entire Tennessee Ranking Data. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. system. The 58-year-old governor, who previously was mayor of Knoxville . How much do you have to make to be rich in Nashville? Where do millionaires live in Tennessee? Thomas J. Frist ranks as the wealthiest. The unemployment rate tries to capture the prospects for more people to become rich. Three billionaires live in Nashville with a combined net worth of $20.7 billion. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Owners of Wilson If your organization is interested in becoming a Stacker Information about your use of this site is shared with Google. 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. San Jose-Sunnyvale-Santa Clara, California. 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. He founded Hospital Corp and he is worth at least $13 billion. Millions of people read our articles every year and media outlets love to feature our work. Home University Of Memphis How Many Millionaires Are In Tennessee? Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based Forrest Preston Bill Haslam remained among the richest in Tennessee with an estimated net worth of $2.6 billion, according to Forbes. and more. We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on. Forbes lists 11 billionaires in Tennessee. Bill Haslam Net worth: $2.3 billion (#1,274 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, #6. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Jimmy Haslam is also majority owner of the Cleveland Browns NFL franchise. 1 and No. What is the richest small town in America? CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. Ms. Barnstable was born on May 23, 1951. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! How many 10 millionaires are there in America? What is the wealthiest county in Tennessee? Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 billion. Where do the rich people in Tennessee live? Net worth around $600 Million. Forbes lists 9 billionaires in Tennessee. The consent submitted will only be used for data processing originating from this website. 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. How Do I Establish Residency In Tennessee? Tennessee is ranked 42nd on the list of US millionaires. Sold company to Coke for $1.4 billion. Who is the richest person in Chattanooga TN? 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. These billionaires prove you can get rich in Tennessee. What To Plant In September In Tennessee? Warren Buffet. Its average household income is just under $27,000 dollars. #4. There are more than 130.000 millionaire households in the state of Tennessee. trivia, facts, history, culture, entertainment, sports, geography and - Net worth: $5.2 billion (#547 wealthiest in the world) #1. Also founded drive thru fast food chain Central Park. In 2017, Forbes tallied that group at $2.4 trillion, said Buffett. Net worth around $880 Million. What city in Tennessee has the most millionaires? So the US is definitely the country with the most millionaires. And lucky for you, theyre listed below. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Davenport III - Son of Krystal fast food founder. Jon Yarbrough. To publish, simply grab the HTML code or text to the left and paste into Frist Jr. - largest individual shareholder of HCA, a healthcare Net worth: $15.0 billion (#115 wealthiest in the world), #1. 1. Google Millionaire List Grows. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. 2. I wonder how many live in the Nashville area? #11. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. 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. Forbes lists 11 billionaires in Tennessee. 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. The state has 39,220 households with $1 million or more to invest. The median income per household in Tennessee is $52.000. Can You Room With The Opposite Gender In College? And, folks, there are some super rich places in Tennessee that are snack worthy. Spring Hill. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. We bet you cant name them all! Below is a list of the Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Tennessee is ranked 42nd on the list of US millionaires. Martha Ingram & family. 9. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. 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. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. Our team of experts has selected the best teeth whitening gel out of hundreds of options. Nashville is called Nashvegas for its Broadway neon lights and lively nightlife. Your email address will not be published. How Much Does a Hotel Room Cost Per Night? Tim Cook. New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. Stacker believes in making the worlds data more accessible through var sc_security="b0816e13". 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. Spencer Hays - Owner of Southwestern/Great American Inc. based in In 2018, nine Nashville billionaires made their richest billionaires list. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Meanwhile, Maryland walks away with the title of most millionaires per capita. Frederick Smith 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. The richest person in Knoxville is Jimmy Haslam. Manage Settings Anti-aging serums in particular offer many benefits to aging and mature skin. Jon Yarbrough. 7: The percentage increase in millionaires since mid-2018. A total of three billionaires live in Nashville with a combined net worth of $20.7 billion. Thomas Frist Jr & family. 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. Sold company to Coke for $1.4 billion. | Updated March 13, 2018 at 4:46 a.m. Around the globe, Forbes magazine estimates the number of billionaires last year rose by nearly 8.1 percent to a record 2,208 individuals who collectively had a net worth of $9.1 trillion. 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 makes us the 7th largest city in Tennessee and one of the fastest growing. Fred Smith. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. He founded Hospital Corp and he is worth at least $13 billion. #7. in Memphis, TN. Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. But its often a task of finding opportunity where you see it rather than the place you live. Sold company to Coke for $1.4 billion. Forbes lists 9 billionaires in Tennessee. [emailprotected]. This material may not be published, broadcast, rewritten, or redistributed. var sc_partition=16; 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. How did we identify Tennessees wealthiest places? The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Table of Contents show 10. wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. Martha Ingram & family- Net worth: $3.5 billion (#823 wealthiest in the world) Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. - Founder of FedEx Corp based in Memphis, TN. Continue with Recommended Cookies. 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. John #3. The Volunteer State has. He currently works as a professor at a local college. Meghan Kraft loves to travel the world, but she makes her home right here in Nashville, Tennessee. Net worth: $21.0 billion (#81 wealthiest in the world). Jimmy Haslam. When you click through real estate links on our site, we earn an affiliate commission. TN. "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. - Net worth: $15.0 billion (#115 wealthiest in the world) If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. Net worth: $5.2 billion (#547 wealthiest in the world), #1. This is the equivalent of $761/week or $3,299/month. Martha Ingram & family. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. How Many Millionaires Live In Nashville Tennessee? Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. 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. #6. Paul is a big fan of the Boston Celtics and New England Patriots. #5. - Owner of Life Care Centers of America Nursing Homes. 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