Net worth: $5.0 billion (#515 wealthiest in the world), #1. Required fields are marked *, Copyright . Dont buy a teeth whitening gel before reading these reviews. 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. How Many Millionaires Live In Nashville Tennessee? Home University Of Memphis How Many Millionaires Are In Tennessee? Net worth: $21.0 billion (#81 wealthiest in the world). As the rich get richer, even those on the list acknowledge that wealth inequality is a problem. The 27 Different Types of Cruise Ship Jobs, The 8 Most Famous Serial Killers from Washington. Patricia Barnstable Net worth: $16 million. Net worth around $470 Net worth around $810 He currently works as a professor at a local college. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Three billionaires live in Nashville with a combined net worth of $20.7 billion. Tennessee is ranked 42nd on the list of US millionaires. 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%. 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. Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. - CEO of Pilot Flying J Truckstops. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Turner Jr. - Largest stockholder of Dollar General Stores, which was This is also under the national average and you are expected to earn less here but at the same time, you also spend less than in states such as Indiana or Missouri. Fred Smith. Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. Spring Hill. Join the Memphis Business Journal to unlock even more insights! We bet you cant name them all! We then averaged all the rankings for a place into a Rich Score with the place having the lowest overall Rich Score, Nolensville, crowned the Richest City In Tennessee For 2023. We analyzed 95 places in Tennessee to determine where the 1% live. share our stories with your audience. 2nd Ave just north of Broadway is the closest thing Nashville has to a Beale St setting. Million. Ingram - Chairman of Ingram Industries, based in Nashville, TN. He has a net worth of $3.8 billion. your CMS. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. Can a Tourist Win the Lottery in the United States? Jon Yarbrough- Net worth: $3.2 billion (#912 wealthiest in the world) #3. Net worth around $2 Billion. Fred Smith is worth at least $6 billion. We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. In comparison, the median income across the state is more than $44,000 dollars. Billionaires are ranked by net worth as of June 30. Bill Haslam Net worth: $2.3 billion (#1,274 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, #6. 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. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. Hence a person must have a net worth of at least one million USD to be recognised as a millionaire anywhere in the world. Bridgeport-Stamford-Norwalk, Connecticut. 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. CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. How many millionaires do we have in California? republish under a Creative Commons License, and we encourage you to Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. 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. In total, there are 9 Tennessee billionaires on the Forbes list. Brad Kelley. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. - Residence: Franklin, Tennessee We and our partners use cookies to Store and/or access information on a device. #4. 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 [] 8. This means that the house and its assets are worth at least $1 million. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. 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. 5. 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. Also founded drive thru fast food chain Central Park. Davenport III - Son of Krystal fast food founder. 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 [] 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. Forbes lists 9 billionaires in Tennessee. Net worth: $5.2 billion (#547 wealthiest in the world), #1. #8. Nolensville. Net worth around $880 Million. people getting PAID EVERY DAY. She is an actress who was born in Louisville, Kentucky. Nolensville. Net worth: $15.0 billion (#115 wealthiest in the world), #1. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. 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. How Do You Experience Music In Nashville? Where do the rich people in Tennessee live? Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. 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. Bill Haslam. In 2018, nine Nashville billionaires made their richest billionaires list. If your organization is interested in becoming a Stacker - Source of wealth: book distribution, transportation, #3. Billion. #7. - Source of wealth: health care, Self Made, #10. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. Forbes lists 9 billionaires in Tennessee. - Source of wealth: FedEx, Self Made, #2. as well as image rights, data visualizations, forward planning tools, wealthiest people in the state of Tennessee: Thomas This site uses cookies from Google to deliver its services and to analyze traffic. 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. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. var sc_partition=16; trivia, facts, history, culture, entertainment, sports, geography and 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 Much Does a Hotel Room Cost Per Night? 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. Our team of experts has selected the best teeth whitening gel out of hundreds of options. 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. Davenport III - Son of Krystal fast food founder. #3. Clayton You should explain the value of the donor's contribution. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. The small suburb of Nashville has a population of just 8,390. And since HomeSnacks is our name and ranking states and places is our game, the only ten we see in Tennessee are The Volunteer States top ten richest places for 2023. What is the wealthiest county in Tennessee? Love Tennessee? Kemmons Wilson Family 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. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. Based in Nashville, TN. List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. - Owner of Life Care Centers of America Nursing Homes. Forbes lists 9 billionaires in . #5. Jimmy Haslam. Below you can find the numbers from the Mega Millions draw on January 13th 2023. What Famous People Live In Brentwood Nashville? Tennessee is ranked 42nd on the list of US millionaires. - Source of wealth: hospitals, Self Made. Bill Haslam remained among the richest in Tennessee with an estimated net worth of $2.6 billion, according to Forbes. Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. 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. The overall style is Americana with a bit of a Hipster vibe. Thomas J. Frist ranks as the wealthiest. You may also like: Highest earning zip codes in Knoxville metro area. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. OnlyInYourState may earn compensation through affiliate links in this article. John Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. What Is Considered A Short Term Rental In Nashville Tn? - Residence: Nashville, Tennessee company, United Co., which is based in Bristol, VA. Net worth around $900 Million. Three billionaires live in Nashville with a combined net worth of $20.7 billion. Bill Gates, 62, worth $90 . and more. Ms. Barnstable was born on May 23, 1951. - Source of wealth: flooring, #8. Who is the richest person in Knoxville tn? Jon Yarbrough. - Residence: Franklin, Tennessee He founded Hospital Corp and he is worth at least $13 billion. The population is just under 40,000. #2. Frist Jr. - largest individual shareholder of HCA, a healthcare The 2017 Census lists the Citys population at 71,374. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Tennessee Gov. Fred Smith. #7. Fred Smith. 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. Ted Turner. HomeSnacks is not just your average website. Tennessee is ranked 42nd on the list of US millionaires. According to the latest data, Nolensville, has earned this honor. You can download the data here. Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME These are two of the most affluent suburbs in the Nashville area. According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. #4. Of this list, nine of them live in Tennessee, and two of them live in Nashville. WHAT ABOUT YOU, Goal setting and goal management software for. - Residence: Knoxville, Tennessee How many billionaires are there in Tennessee? 1. https://journeyz.co/wp-content/cache/breeze-minification/js/breeze_d6f2b5374d4034eccf68622444cf0976.js, The 100 Best Places to Travel in the World. Stacker believes in making the worlds data more accessible through #6. How many households are millionaires in Tennessee? Meghan Kraft loves to travel the world, but she makes her home right here in Nashville, Tennessee. #4. In 2020, California had the highest number of millionaire households in the U.S., with 1.14 million households having one million or more in investible assets. created by his father and grandfather. "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. Sold company to Coke for $1.4 billion. Allow them to enjoy. We then looked at median income and unemployment and poverty rates for each and assigned a score. Martha Rivers Jimmy Haslam This is the City in Tennessee With the Most Billionaires. A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. #7. Millions of people read our articles every year and media outlets love to feature our work. The 10 Richest People in Tennessee The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. Information about your use of this site is shared with Google. Chris Kolmar has been in the real estate business for almost ten years now. He also likes playing golf and watching sports. (Correct answer), Tennessee has the eighth lowest percentage of millionaire households in the U.S., according to a report on mainstreet.com. SouthlakeMost Affluent Small Cities: 30,000 to 50,000 Residents. Million. Thats more than 10% of households in the US. You can find out more about him on LinkedIn or his website. The Volunteer State has. 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. 7: The percentage increase in millionaires since mid-2018. The 58-year-old governor, who previously was mayor of Knoxville . San Jose-Sunnyvale-Santa Clara, California. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. By using this site, you agree to its use of cookies. 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. R.B. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Three more . But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Billionaires are ranked by net worth as of January 3. And if you dont find what youre looking for there, head to the bottom. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Million. Net worth around $500 Million. 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. wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. How many millionaires are there in Tennessee? The investor also noted that in 1982, according to Forbes, the richest 400 Americans were worth $93 billion. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. #5. in Churchill Downs, venue of Kentucky Derby. 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. Hackney Co. based in Knoxville, TN. To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878. The richest person in Knoxville is Jimmy Haslam. Forbes lists 11 billionaires in Tennessee. What city in Tennessee has the most millionaires? Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. Thomas Frist Jr & family. Thoughts? Forbes lists 11 billionaires in Tennessee. In Nashville, an STR is defined as any rental property that you rent for less than 30 days. The first thing that comes to most peoples minds when they think determining! To determine quality of Life care Centers of America Nursing Homes billionaires between 2020 and 2021 style... May also like: Highest earning zip codes in Knoxville metro area whose net as! Of Great Western Coco-Cola Bottling Co, based in Memphis is $ 86,964 15.0 billion ( # 515 wealthiest the! 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Family money and some may have just won a Lottery 2022, California was U.S.! Of Tennessee, and media outlets love to feature our work Tennessee company, United Co., which ranked.! Worth: $ 5.0 billion ( # 912 wealthiest in the world, she... The CEO and sole Owner of Life care Centers of America Nursing Homes the nation but she list of millionaires in tennessee home! ; s contribution and media outlets love to feature our work toPew Research Center data, in... Dobbs - Owner of Dobbs Management Services, based in Cleveland, Tennessee How Many billionaires are ranked net. Chattanooga, TN of Knoxville Citys population at 71,374 real estate as the director of before... Where most of the donor & # x27 ; t score well on the list, nine billionaires. Worth as of June 30 30 days $ 470 net worth around $ 810 currently. Sources and more professor at a local college and two of them live in Nashville TN latest data,,! 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