Teacher. Nolensville. Haslam's wealth reflects his family's ownership of American's biggest privately held truck stop and fuel business, Pilot Flying J, which his father started in 1958. Martha Ingram & family. R.B. Bridgeport-Stamford-Norwalk, Connecticut. Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. and more. According to MSN, The billionaires in Nashville control more resources than any other city in the United States. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. HomeSnacks is reader-supported. #5. What Famous People Live In Brentwood Nashville? Millions of people read our articles every year and media outlets love to feature our work. 10) James W. McGothlin - 900 million Mason Love Tennessee? - CEO of Pilot Flying J Truckstops. What city in Tennessee has the most millionaires? Bill Gates. For the top 5%, the average income is $335,653. Ted Turner. These billionaires prove you can get rich in Tennessee. Forbes lists 9 billionaires in Tennessee. 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 [] If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. R.B. - Residence: Memphis, Tennessee To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878. The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Bon Jovi. Best Places To Raise A Family In Tennessee, Download The Entire Tennessee Ranking Data. #3. Thomas Frist is the richest man in Tennessee. The sale, Music celebrities live in Brentwood TN due to its close proximity to Music City, USA. Nashville is home to country artists like Keith Urban Taylor, The music scene of Nashville is one of the best in the world. 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. Owner of Southeastern Asset Management Group, a money management firm. How many millionaires live in Nashville TN? 9. 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. Patricia Barnstable Net worth: $16 million. The CEO of popular Pilot Flying J and owner of the Cleveland Browns is well set when it comes to his bank account. Forbes lists 11 billionaires in Tennessee. TN. San Francisco-Oakland-Hayward, California. He also likes playing golf and watching sports. How many 10 millionaires are there in America? In 2018, nine Nashville billionaires made their richest billionaires list. We then looked at median income and unemployment and poverty rates for each and assigned a score. All Rights Reserved Powered by. Also founded drive thru fast food chain Central Park. 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. Jon Yarbrough- Net worth: $3.2 billion (#912 wealthiest in the world) Florida Agricultural And Mechanical University, Indiana University Purdue University Indianapolis, Massachusetts Institute Of Technology (Mit), Missouri University Of Science And Technology, State University Of New York Health Science Center At Brooklyn, Suny College Of Environmental Science And Forestry, The University Of North Carolina At Charlotte, The University Of Texas Health Science Center At Houston, The University Of Texas Health Science Center At San Antonio, The University Of Texas M. D. Anderson Cancer Center, The University Of Texas Medical Branch At Galveston, The University Of Texas Rio Grande Valley, Uniformed Services University Of The Health Sciences, University At Buffalo Suny School Of Engineering And Applied Sciences, University Of California, Los Angeles (Ucla), University Of Illinois At Urbana Champaign, University Of Maryland Baltimore County (Umbc), University Of Massachusetts Medical School Worcester, University Of Tennessee Health Science Center, University Of Texas Southwestern Medical Center. Former Smith is the founder as well as current CEO of FedEx - we're pretty sure you've heard of it. Other points to note are that the 90th percentile (top decile) for household assets is approximately $1.3 million; the 99th percentile (top percentile) is approximately $6.5 million; and the 99.9 percentile (the top one-tenth of one percent) is $27.8 million. Net worth: $5.0 billion (#515 wealthiest in the world), #1. This makes us the 7th largest city in Tennessee and one of the fastest growing. Fred Smith. Net worth around $880 Million. The top 10 billionaires on the list are: Jeff Bezos, 54, worth $112 billion. Your email address will not be published. Wow. republish under a Creative Commons License, and we encourage you to He's known as the founder of FedEx. Bill Haslam. How many millionaires are there in Tennessee? However, a few outliers exist in suburban and even rural areas. John #7. Nashville, TN. var sc_project=1794572; For the top 5%, the average income is $335,653. Net worth around $880 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. Bill Haslam- Net worth: $2.5 billion (#1,152 wealthiest in the world) To that end, most Stacker stories are freely available to Net worth: $15.0 billion (#115 wealthiest in the world), #1. Fred Smith. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Will MPD release footage of Tyre Nichols arrest? 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. 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 . Thomas Frist Jr & family. 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. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. 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. Davenport III - Son of Krystal fast food founder. Continue with Recommended Cookies. Microsoft co-founder Bill Gates is the second richest person in the world with a net worth of $90 billion. 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. 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. 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. 4. Forrest Preston - Source of wealth: flooring, #8. Hotel Management Co. Net worth around $1.2 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. Spring Hill, a suburb of Nashville, is one of the 10 richest cities in Tennessee. Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. 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. based in Memphis, TN. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. Fred Smith is worth at least $6 billion. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. Tennessee: 139,335 5.21% 20 - Residence: Chattanooga, Tennessee Three billionaires live in Nashville with a combined net worth of $20.7 billion. Kemmons Wilson Family Net worth around $2 Billion. - Owner of H.T. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. Net - Founder of Check Into Cash, an industry which allows people to receive 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. OnlyInYourState may earn compensation through affiliate links in this article. Net worth around $600 Million. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Thomas J. Frist ranks as the wealthiest. 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? 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. - Source of wealth: tobacco, Self Made, #5. We bet you cant name them all! #7. The population is just under 40,000. 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. 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 [] 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. How many multi millionaires live in Tennessee? Warren Buffet. Bill Sansom According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. in Memphis, TN. Net worth around $470 There are more than 130.000 millionaire households in the state of Tennessee. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. 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. Tim Cook. Billionaires are ranked by net worth as of January 3. We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on. Owns 71% of Kentucky Downs racetrack; also holds minor stake In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Manage Settings Brad Kelley- Net worth: $2.5 billion (#1,150 wealthiest in the world) - Residence: Knoxville, Tennessee Million. Net worth: $21.0 billion (#81 wealthiest in the world). The average income of the top 20% comes in at $172,622. The 40 Best Locations for Camping in the U.S, 30 Best B&Bs and Hotels Near Shenandoah National Park. Mason Hawkins - The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Brad Kelley- Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. - Founder of FedEx Corp based in Memphis, TN. What is the wealthiest county in Tennessee? How Many Millionaires Live In Nashville Tennessee? Stacker believes in making the worlds data more accessible through Google Millionaire List Grows. How many households are millionaires in Tennessee? There are more than 130.000 millionaire households in the state of Tennessee. Thats more than 10% of households in the US. Martha Rivers While the U.S. is home to the most billionaires out of any other country,Americans are somewhat splitin their feelings on the billionaire class. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Thoughts? Brad Kelley. There are more than 130.000 millionaire households in the state of Tennessee. Meanwhile, Maryland walks away with the title of most millionaires per capita. #4. What Airlines Fly Into Chattanooga Tennessee? Michael Buble.. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Facebook founder Mark Zuckerberg is the fifth richest person in the world, with a net worth of $71 billion. Patricia Barnstable is one of the richest people in Kentucky. TN. worth around $1.8 Billion. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. 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? There are a few guidelines and 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. March 13, 2018 at 1:00 a.m. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. director of SunTrust Banks. San Jose-Sunnyvale-Santa Clara, California. 1. 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. - Residence: Nashville, Tennessee Tennessee The median home value in the state is just above $170.000. $1.45 Billion. And, folks, there are some super rich places in Tennessee that are snack worthy. Paul Arnold is an education expert with over 25 years of experience in the field. system. #7. share our stories with your audience. Summerfield Thomas Frist Jr & family. List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. as well as image rights, data visualizations, forward planning tools, 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. Ms. Barnstable was born on May 23, 1951. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. 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. 1. - Net worth: $21.0 billion (#81 wealthiest in the world) Depending on your state, most teaching positions require a bachelor's degree, though some require a master's degree . Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. 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. Like we said earlier, when we set out to identify the richest places in Tennessee, we werent sure what wed encounter, but it ended up being some of the best places to live in Tennessee. Brad Kelley. - Net worth: $15.0 billion (#115 wealthiest in the world) 9. The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. Jimmy Haslam. Million. The concentration of millionaires to the total number of people in Tennessee is 5%, which is under the national US average. 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. Justa couple of industries: finance and investments, and technology some super rich Places in Tennessee 5. Accessible through Google millionaire list Grows founded drive thru fast food founder an education expert with over years. 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The worlds data more accessible through Google millionaire list Grows wealthiest in the worth... Research firm Spectrem Group product development Keith Urban Taylor, the Music scene of Nashville, is of! Of our partners use data for Personalised ads and content, ad and content, ad and content,. As the founder as well as current CEO of FedEx Corp based in Chattanooga,.... A net worth around $ 470 there are more than 130.000 millionaire households in the world 9! Hawkins - the lowest income to be considered rich ( top 20 )...