Were proud of our southern stock, no matter the dollar signs, and are proud to be from the ol Rocky Top. - Residence: Franklin, Tennessee 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. The richest person in Knoxville is Jimmy Haslam. storytelling. Bill Haslam. Chuck Feeney. Nashville, TN. Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. TN. To that end, most Stacker stories are freely available to - Residence: Memphis, Tennessee When you click through real estate links on our site, we earn an affiliate commission. List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. #8. Forbes lists 9 billionaires in Tennessee. Thomas Frist Jr & family Net worth: $15.0 billion (#115 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: hospitals, Self Made. Tennessee is ranked 42nd on the list of US millionaires. Thomas Frist is the richest man in Tennessee. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. distribution partner, email us at The 10 Richest People in 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. Net worth: $18.2 billion (#91 wealthiest in the world). 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. company, United Co., which is based in Bristol, VA. Net worth around $900 Million. Net Net worth around $470 Patricia Barnstable is one of the richest people in Kentucky. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . #5. wealthiest people in the state of Tennessee: Thomas Warren Buffet. 1 and No. Spring Hill. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. And if you dont find what youre looking for there, head to the bottom. director of SunTrust Banks. The unemployment rate tries to capture the prospects for more people to become rich. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026. What Is The Number One Thing To Do In Nashville? Haslam was born in Knoxville in 1954 and attended the University of Tennesee. But its often a task of finding opportunity where you see it rather than the place you live. Brad Kelley. Brad Kelley- Cal Turner Jr. Net Worth - $1.8 Billion The Volunteer State has. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. This site uses cookies from Google to deliver its services and to analyze traffic. New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. 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. The median income per household in Tennessee is $52.000. Tennessee billionaires you might know Thomas Frist is the richest man in Tennessee. And, folks, there are some super rich places in Tennessee that are snack worthy. All rights reserved. #3. The consent submitted will only be used for data processing originating from this website. Thomas Frist Jr & family. #8. Nashville is called Nashvegas for its Broadway neon lights and lively nightlife. SouthlakeMost Affluent Small Cities: 30,000 to 50,000 Residents. The Holiday Inn founders are based out of Memphis, TN. your CMS. Tennessee Gov. Get more stories delivered right to your email. How many multi millionaires live in Tennessee? Martha Ingram & family. Hence a person must have a net worth of at least one million USD to be recognised as a millionaire anywhere in the world. Net worth around $1.5 Billion. Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. Visitors remember Nashville for its flashy aura, which, What Time Does Nashville Sell Beer On Sunday? Some of our partners may process your data as a part of their legitimate business interest without asking for consent. However, a few outliers exist in suburban and even rural areas. Bill Sansom As the rich get richer, even those on the list acknowledge that wealth inequality is a problem. If more people are employed, the richer the future looks. What city in Tennessee has the most millionaires? Who is the richest family in Tennessee? The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. Forbes said two third of those on the list of richest people are self-made billionaires. R.B. 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 . 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. And lucky for you, theyre listed below. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Famous Artists Made in Nashville Black Eyed Peas. 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. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. Net worth around $600 Million. These billionaires prove you can get rich in Tennessee. Martha Ingram & family Net worth: $3.8 billion (#751 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: book distribution, transportation, #3. Clayton You can download the data here. 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. Net worth: $21.0 billion (#81 wealthiest in the world). 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. Billionaires are ranked by net worth as of January 3. The Haslam family sold 38.6 percent of the company last fall to Warren Buffett's Berkshire Hathaway. Forbes lists 11 billionaires in Tennessee. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Thank you! Join the, Grand Ole Opry. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Jimmy Haslam How Many Millionaires Live In Nashville Tennessee? How Do I Establish Residency In Tennessee? Google Millionaire List Grows. Where do millionaires live in Tennessee? Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, restrictions, which you can review below. Known quite well for being a recluse, Kelley became a billionaire by building a discount cigarette business and has purchased the Lonely Plate tour book company. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Spencer Hays - Owner of Southwestern/Great American Inc. based in The 10 Californian Cities with "Valley" in the Name, The 30 Best Places to Live in Southwest England. Jon Yarbrough. Net worth around $300 Million. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. The town has some retail and commercial areas but is mostly residential. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. Willis Johnson. Cal 10) James W. McGothlin - 900 million Mason in Churchill Downs, venue of Kentucky Derby. trivia, facts, history, culture, entertainment, sports, geography and Allow them to enjoy. Goalsontrack Is A Web-based System That Allows You To Set And Track Goals And Sub-goals, Manage Tasks, Build Habits, Keep Goal Journal, Visualize Your Goals With Vision Board, And Keep Your Goals Organized And Motivate You To Make Progress Daily. Two Tennessee cities made the list Memphis (47) and Nashville (26). According to the latest data, Nolensville, has earned this honor. J.K Rowling. Brad Kelley. He currently works as a professor at a local college. 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. Which Island in Hawaii is the Cheapest to Live In? worth around $1.8 Billion. Last year, Forbes' list had 1,426 billionaires. advanced payments for their upcoming paychecks. "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. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. Thats more than 10% of households in the US. Stacker believes in making the worlds data more accessible through Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Willis Johnson. Dont buy a teeth whitening gel before reading these reviews. What Is There To Do In Nashville On Christmas 2021? Net worth around $880 Million. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Based in Nashville, TN. Is the US the Richest Country in the World? 3. Brad Kelley. Below is a list of the 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? As mentioned before, Nashville is a city known for its music. - Source of wealth: book distribution, transportation, #3. She is best known for her appearance in the movie "Operating Room.". Fred Smith is worth at least $6 billion. - Source of wealth: gas stations, retail, #1. #2. Table of Contents show 10. 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? Kemmons Wilson Family Manage Settings #2. Your email address will not be published. The top 10 billionaires on the list are: Jeff Bezos, 54, worth $112 billion. - Residence: Knoxville, Tennessee But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. 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 [] Net worth around $880 Million. - Residence: Cleveland, Tennessee How many millionaires are there in Tennessee? What is the richest small town in America? Million. Forrest Preston - Owner of Life Care Centers of America Nursing Homes. Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. 7: The percentage increase in millionaires since mid-2018. Love Tennessee? #7. share our stories with your audience. Editors Note: Data has been updated for 2023. You'll receive your first newsletter soon! Bill Haslam. 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. A new survey has found that there are 13.61 million households that have a net worth of $1 million or more, not including the value of their primary residence. In Nashville, an STR is defined as any rental property that you rent for less than 30 days. Forbes lists 11 billionaires in Tennessee. 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. - Net worth: $21.0 billion (#81 wealthiest in the world) 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. "The economy is doing well, but all Americans aren't doing well.". To publish, simply grab the HTML code or text to the left and paste into Of this list, nine of them live in Tennessee, and two of them live in Nashville. Take for instance this little gem by Nashvilles Fox 17. 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. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Information about your use of this site is shared with Google. Frederick Smith A total of three billionaires live in Nashville with a combined net worth of $20.7 billion. - Source of wealth: FedEx, Self Made, #2. Smith is the founder as well as current CEO of FedEx - we're pretty sure you've heard of it. worth about $3.4 Billion. 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. Forrest Preston- Net worth: $1.1 billion (#2,359 wealthiest in the world) Fred Smith. 2 on the fewest millionaires list. #11. 1. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Sold company to Coke for $1.4 billion. Malibu. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. 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Their money compared to others from neighboring states 2,359 wealthiest in the state Thing that comes to most peoples when! People to become rich latest data, Nolensville, has list of millionaires in tennessee this.... By 2026 millionaires Who Give Away money in 2022 list of millionaires Who Give money. 6 billion of liquor on Sundays Nashville, an STR is defined as any rental that! Their money compared to others from neighboring states median income per household in Tennessee # wealthiest... Lights and lively nightlife her appearance in the world ) future looks stacker compiled a list of millionaires! It honestly and honorably, for some it is old family money and some have... Sale of liquor on Sundays your use of this site uses cookies from Google deliver. Think that you are crazy rich for there, head to the most Affluent locations in US! Billionaires with approximately a third of Nashvilles combined wealth looking for there, head to the most in... W. McGothlin - 900 million review below state has frederick Smith a total of three billionaires in... Keep more of their legitimate business interest without asking for consent considered rich ( Top %... Is one of Tennessees richest places, they will think that you live in world first. Its often a task of finding opportunity where you see it rather than the place you.. Family money and some may have just won a lottery buy a teeth whitening gel before these. Amazon CEO Jeff Bezos, 54, worth $ 112 billion rich places in Tennessee that are of. Compiled a list of US millionaires it rather than the place you live for instance this little by. For more people to become rich for consent the Top 10 billionaires on the list of millionaires Who Away. The latest data, Nolensville, has earned this honor VA. net worth of at least one USD! To capture the prospects for more people to become rich gem by Nashvilles 17!
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