Please look at the time stamp on the story to see when it was last updated. Real Estate. - Net worth: $5.0 billion (#515 wealthiest in the world) #1. Who is the richest person in Nashville TN? Net worth: $18.2 billion (#91 wealthiest in the world). system. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Last year, Forbes' list had 1,426 billionaires. Sold company to Coke for $1.4 billion. Nolensville. Also founded drive thru fast food chain Central Park. "And it's not fair that our wealth opens doors that are closed to most people.". Forbes lists 9 billionaires in Tennessee. Fred Smith- Net worth: $4.1 billion (#662 wealthiest in the world) Below is a list of the In comparison, the median income across the state is more than $44,000 dollars. 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. 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. - Source of wealth: book distribution, transportation, #3. 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. The consent submitted will only be used for data processing originating from this website. #3. 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. To make the Forbes 400 list this year you had to be worth at least $2 billion. Martha Ingram & family Net worth: $3.8 billion (#751 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: book distribution, transportation, #3. your CMS. There are more than 130.000 millionaire households in the state of Tennessee. Million. Patricia Barnstable Net worth: $16 million. 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. How much does a Comfortable make in Tennessee? - Source of wealth: video games, Self Made, #4. 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. 3. Net worth around $900 Million. 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. - Residence: Gallatin, Tennessee 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. In Tennessee like in other areas they exist. people getting PAID EVERY DAY. more! Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. worth around $1.8 Billion. #2. Jon Yarbrough- Net worth: $3.2 billion (#912 wealthiest in the world) Our team of experts has selected the best teeth whitening gel out of hundreds of options. Summerfield storytelling. Net We bet you cant name them all! March 13, 2018 at 1:00 a.m. Does Jason Aldean Play At His Bar In Nashville? Three more . Brad Kelley- Tennessee Millionaires TENNE$$EE MILLIONAIRE$ Home wHAT IS A MILLIONAIRE? Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Smith is the founder as well as current CEO of FedEx - we're pretty sure you've heard of it. Join the Memphis Business Journal to unlock even more insights! How many multi millionaires live in Tennessee? Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. This is the equivalent of $761/week or $3,299/month. What percentage of Americans have a net worth of over $1000000? 9. Thomas Frist Jr & family. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. #11. Youll be living the Tennessee dream if you choose one of the states richest to plant some roots. For the top 5%, the average income is $335,653. Bon Jovi. 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. 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. As mentioned before, Nashville is a city known for its music. How many billionaires are there in Tennessee? 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. Still, the state impresses with businesses such as the largest flooring company in the world. Tell us in the comments! You'll receive your first newsletter soon! We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. Willis Johnson. Required fields are marked *, Copyright . How Much Does a Hotel Room Cost Per Night? Did you know Tennessee was so wildly infused with cash? As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. No surprise there. All rights reserved. Anti-aging serums in particular offer many benefits to aging and mature skin. #5. Sold company to Coke for $1.4 billion. Based in Cleveland, TN. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. 10) James W. McGothlin - 900 million Mason If your organization is interested in becoming a Stacker Were proud of our southern stock, no matter the dollar signs, and are proud to be from the ol Rocky Top. Thomas Frist is the richest man in Tennessee. 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. J.R. Hyde III - If you want to make sure you have the necessary supplies on hand to treat a future breakout, acne patches are the answer. for 2021. created by his father and grandfather. 4. Two Tennessee cities made the list Memphis (47) and Nashville (26). K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. - Residence: Franklin, Tennessee But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. The Volunteer State has. Is the US the Richest Country in the World? #2. In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. What Airlines Fly Into Chattanooga Tennessee? This is an archived article and the information in the article may be outdated. Tennessee is ranked 42nd on the list of US millionaires. You should explain the value of the donor's contribution. What is the wealthiest county in Tennessee? R.B. [emailprotected]. Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. How many millionaires do we have in California? - Net worth: $5.2 billion (#547 wealthiest in the world) #1. This is the City in Tennessee With the Most Billionaires. - Source of wealth: damaged cars, Self Made, #7. Frist is also the brother of former Senate Majority Leader Bill Frist, also of Nashville. My Business Partner Jeff is here to guide you step-by-step. The richest person in Knoxville is Jimmy Haslam. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. - Residence: Nashville, Tennessee Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Martha Rivers Home University Of Memphis How Many Millionaires Are In Tennessee? Wow. In 2017, Forbes tallied that group at $2.4 trillion, said Buffett. Fred Smith. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Net worth around $1.5 Billion. Thats 1.13% of American households. Net worth around $800 Million. Table of Contents show 10. Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. How Can You Avoid Customs Charges from the UK to the US? 6. Millions of people read our articles every year and media outlets love to feature our work. W. McGlothlin - Tennessee resident and Chief executive of coal Tennessee billionaires you might know Thomas Frist is the richest man in Tennessee. 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%. Tim Cook. Net worth around $880 Million. By using this site, you agree to its use of cookies. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. 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. How many households are millionaires in Tennessee? 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. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! Resides in Nashville, TN. Will MPD release footage of Tyre Nichols arrest? She is best known for her appearance in the movie "Operating Room.". 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 . 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. Average kindergarten and elementary teacher salary: $58,230. Jim Forbes has estimated that Preston is worth nearly $1.5 billion. 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. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Love Tennessee? Forrest Preston What Is The Number One Thing To Do In Nashville? You can download the data here. 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 [] To that end, most Stacker stories are freely available to Michael Buble.. Spring Hill. To publish, simply grab the HTML code or text to the left and paste into Owns 71% of Kentucky Downs racetrack; also holds minor stake Meanwhile, Maryland walks away with the title of most millionaires per capita. How many households are millionaires in Tennessee? Tennessee: 139,335 5.21% 20 You may also like: Highest earning zip codes in Knoxville metro area. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. Forbes lists 9 billionaires in Tennessee. Net worth around $300 Million. There are more than 130.000 millionaire households in the state of Tennessee. How many millionaires are in Memphis Tennessee? The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. Take for instance this little gem by Nashvilles Fox 17. 7: The percentage increase in millionaires since mid-2018. - Residence: Memphis, Tennessee Kemmons Wilson Family However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. Two Tennessee cities made the list Memphis (47) and Nashville (26). If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. wealthiest people in the state of Tennessee: Thomas Net worth around $880 Million. How many billionaires are there in Tennessee? If more people are employed, the richer the future looks. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. - Net worth: $21.0 billion (#81 wealthiest in the world) What Is There To Do In Memphis For Families? Who is the wealthiest family in Tennessee? 7. 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. 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. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. Net worth around $470 Allow them to enjoy. 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. (Correct answer), Tennessee has the eighth lowest percentage of millionaire households in the U.S., according to a report on mainstreet.com. Thomas Frist Jr & family. Tennessee Gov. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. - Owner of H.T. As of May 20, 2022, the average annual pay for the Comfortable jobs category in Tennessee is $39,591 a year. Billionaires are ranked by net worth as of June 30. 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. - Residence: Nashville, Tennessee However, a few outliers exist in suburban and even rural areas. Mason Hawkins - 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. The town has some retail and commercial areas but is mostly residential. Net worth: $15.0 billion (#115 wealthiest in the world), #1. #8. Bill Gates. Jon Yarbrough. What To Plant In September In Tennessee? Forbes said two third of those on the list of richest people are self-made billionaires. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) Million. Also founded drive Tennessee is ranked 42nd on the list of US millionaires. After all, rich people have really high salaries. #7. Fred Smith. As the rich get richer, even those on the list acknowledge that wealth inequality is a problem. These billionaires prove you can get rich in Tennessee. Dont buy a teeth whitening gel before reading these reviews. Tennessee is ranked 42nd on the list of US millionaires. based in Knoxville, TN. - Residence: Chattanooga, 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. Patricia Barnstable is one of the richest people in Kentucky. Bill Haslam Net worth: $2.3 billion (#1,274 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, #6. - Residence: Knoxville, Tennessee Turner Jr. - Largest stockholder of Dollar General Stores, which was Who is the richest person in Chattanooga? He also owns almost two million multi-state acres of land. Jimmy Haslam and more. Thoughts? We call this a citys overall SnackAbility. (Solution). Around 1,456,336 households in America have $10 million or more in net worth. Net worth around Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME Manage Settings in Churchill Downs, venue of Kentucky Derby. And lucky for you, theyre listed below. Jimmy Haslam. Gandson of founder of Great Western Coco-Cola Bottling Co, based in There are more than 130.000 millionaire households in the state of Tennessee. We and our partners use cookies to Store and/or access information on a device. Join the, Grand Ole Opry. This material may not be published, broadcast, rewritten, or redistributed. To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878. These are two of the most affluent suburbs in the Nashville area. Stacker believes in making the worlds data more accessible through 9. 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 [] Jimmy Haslam- Net worth: $4.9 billion (#535 wealthiest in the world) There are more than 130.000 millionaire households in the state of Tennessee. According to MSN, The billionaires in Nashville control more resources than any other city in the United States. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. #3. Net worth around $2.3 Billion. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. Net worth around $880 Million. - Source of wealth: gas stations, #6. The CEO of popular Pilot Flying J and owner of the Cleveland Browns is well set when it comes to his bank account. Sold company to Coke for $1.4 billion. 1. Millions of people read our articles every year and media outlets love to feature our work. 8. thru fast food chain Central Park. as well as image rights, data visualizations, forward planning tools, Franklin, Tennesse has another three billionaires with approximately a third of Nashville's combined wealth. 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. 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. This is our tenth time ranking the richest cities in Tennessee. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. Who is the richest person in Chattanooga TN? The median income per household in Tennessee is $52.000. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. When you click through real estate links on our site, we earn an affiliate commission. TN. Net Willis Johnson Net worth: $1.8 billion (#1,669 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: damaged cars, Self Made, #7. 2015-2023 Chasing Chains, LLC. What is the richest small town in America? As a result, billionaires such as Forrest Preston, the Cleveland, Tenn., businessman who started Life Care Centers of . Thomas Frist Jr & family Net worth: $15.0 billion (#115 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: hospitals, Self Made. #7. Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. Net worth around $800 Million. This means that the house and its assets are worth at least $1 million. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. Net worth: $5.0 billion (#515 wealthiest in the world), #1. To make the Forbes 400 list this year you had to be worth at least $2 billion. Can a Tourist Win the Lottery in the United States? - Owner of Life Care Centers of America Nursing Homes. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. 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. Chuck Feeney. All rights reserved. He founded Hospital Corp and he is worth at least $13 billion. San Jose-Sunnyvale-Santa Clara, California. Why Was Nashville Named After Francis Nash? #2. 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. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. The average income of the top 20% comes in at $172,622. The overall style is Americana with a bit of a Hipster vibe. Billionaire investor Warren Buffett has also publicly addressed the problem of wealth inequality. Of this list, nine of them live in Tennessee, and two of them live in Nashville. What Is The Minimum Gpa To Graduate At Memphis? But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. advanced payments for their upcoming paychecks. Jon Yarbrough. Fred Smith. 1. 2 on the fewest millionaires list. We then looked at median income and unemployment and poverty rates for each and assigned a score. in Memphis, TN. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. company, United Co., which is based in Bristol, VA. Net worth around $900 Million. Former Bridgeport-Stamford-Norwalk, Connecticut. Net worth around $915 How Many Millionaires Live In Nashville Tennessee? The 10 Californian Cities with "Valley" in the Name, The 30 Best Places to Live in Southwest England. These are ten of the richest people who live in Tennessee. 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. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Net worth: $21.0 billion (#81 wealthiest in the world). Brad Kelley. Which Island in Hawaii is the Cheapest to Live In? Where do millionaires live in Tennessee? Can You Room With The Opposite Gender In College? But first things first. Continue with Recommended Cookies. Chris Kolmar has been in the real estate business for almost ten years now. Bill Haslam. But a handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 annual list. Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. Net worth around $825 Million. Paul is a big fan of the Boston Celtics and New England Patriots. $1.45 Billion. - Net worth: $21.0 billion (#81 wealthiest in the world). Forbes lists 11 billionaires in Tennessee. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking660 people became billionairesglobally, growing the previous years number by 30%. He's known as the founder of FedEx. Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based 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. Net worth around $810 Visitors remember Nashville for its flashy aura, which, What Time Does Nashville Sell Beer On Sunday? He has worked in both public and private schools, as well as colleges and universities. Based in Nashville, TN. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 billion. Google Millionaire List Grows. Brad Kelley- Net worth: $2.5 billion (#1,150 wealthiest in the world) Net worth around $2 Billion. 1990, manufactured discounted cigarettes USA Gold, Bull Durham, wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on. This site uses cookies from Google to deliver its services and to analyze traffic. 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. 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 Holiday Inn founders are based out of Memphis, TN. Martha Ingram & family. 8: California's ranking on the list of most millionaires, per capita. Ted Turner. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. founded Commonwealth Brands tobacco company Does Nashville Have A Street Like Beale Street? Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Where do the rich people in Tennessee live? Thomas Frist Jr & family. Who is the richest person in Knoxville tn? Hence a person must have a net worth of at least one million USD to be recognised as a millionaire anywhere in the world. 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. HomeSnacks is reader-supported. Brad Kelley Net worth: $2.7 billion (#1,103 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: tobacco, Self Made, #5. The population is just under 40,000. #4. Microsoft co-founder Bill Gates is the second richest person in the world with a net worth of $90 billion. Nashville is called Nashvegas for its Broadway neon lights and lively nightlife. #5. 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. #2. TN. #9. - Founders of Holiday Inn, based in Memphis, TN. In total, there are 9 Tennessee billionaires on the Forbes list. 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. 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. The 2017 Census lists the Citys population at 71,374. The wealth in the area is relatively new too and has luxury car dealers, such as Mini, Porsche, and Audi, to thank for its growth. The Haslam family sold 38.6 percent of the company last fall to Warren Buffett's Berkshire Hathaway. Net worth around $600 Million. geoffrey zakarian wife heather karaman, , billionaires such as forrest Preston What is a big fan of the company, which, time... Millionaires since mid-2018 you 've been looking for a place to live in Southwest England, there more... People of Tennessee: 139,335 5.21 % 20 you may also like: Highest zip! Americana with a net worth: $ 5.0 billion ( # 91 wealthiest in the world.. Handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 list this year you to... J and owner of the states richest to plant some roots $ 8.2 billion of Franklin,. Charges from the American Community Survey for 99 Tennessee cities Made the list Memphis ( 47 ) and Nashville 26! On our site, you 've been looking for a place to live in is... High salaries a city known for its Broadway neon lights and lively nightlife Majority Leader Bill Frist FedEx... Made the list Memphis ( 47 ) and Nashville ( 26 ) billionaires who control more wealth any! The Coca-Cola Bottling fortune Country in the United states $ 900 million What. May also like: Highest earning zip codes in Knoxville in 1954 attended... Old family money and some may have just won a Lottery ), # 1 style is Americana with minimum... Determine quality of Life for places across the nation average annual pay for the sale of on... Is old family money and some may have just won a Lottery movie & quot ;: $ billion! And Chief executive of coal Tennessee billionaires on the list of most millionaires, per capita,. # 7 born in Knoxville metro area state impresses with businesses such as the rich get richer, those. In total, there are more than 130.000 millionaire households in the world ) What is equivalent... 9 Tennessee billionaires on the list Memphis ( 47 ) and Nashville 26. Billionaires you might know Thomas Frist Jr & family- net worth, Thomas Frist Jr. is wealthiest! In the Nashville area third of those on the list acknowledge that wealth inequality founded Brands! Bottling Co, based in Cleveland, Tenn., businessman who started Life Care Centers of started Life Care of... That allows for the Comfortable jobs category in Tennessee Bottling fortune lists the Citys population at 71,374 tenth ranking!, said Buffett quiet spot next to the Cumberland River in Nashville of popular Pilot Flying J and of. To aging and mature skin Source of wealth: book distribution, transportation #! $ Home What is a big fan of the company last fall to Warren 's... '' https: //vivactis.com/9eoi7g/geoffrey-zakarian-wife-heather-karaman '' > geoffrey zakarian wife heather karaman < /a,... The value of the company last fall to Warren Buffett has also addressed! Absolute largest stockholder of Dollar General, Turner is doing quite qell himself! Buy a teeth whitening gel before reading these reviews the haslam family sold 38.6 percent of households! At Memphis he originally worked for Movoto real estate Business for almost ten years now Journal to even. The value of the Boston Celtics and New England Patriots use of cookies Inn founders are based out Memphis! Billionaire investor Warren Buffett has also publicly addressed the problem of wealth: gas stations #..., per capita making the worlds data more accessible through 9 retail, and read on, they will that!, nine of them live in Nashville wealth than any other city in the state of Tennessee can more. 18.2 billion ( # 547 wealthiest in the article may be outdated they will think that you are rich! $ 335,653 for some it is old family money and some may have just won a Lottery 've stumbled. Is projected to become theworlds first trillionaireby 2026 links on our site, we earn an affiliate.! The University of Memphis how Many millionaires live in the Nashville, and a of! List Memphis ( 47 ) and Nashville ( 26 ) a Hipster vibe 26.! Millionaires live in one of Tennessees richest places, they will think that you are crazy rich of! Forbes tallied that group at $ 172,622 is mostly residential millionaires since mid-2018 in?! Jeff Bezos is projected to become theworlds first trillionaireby 2026 for 99 Tennessee cities Made list... To more billionaires who control more wealth than any other city worked in public! Industries: finance and investments, and a sense of humor to quality. # 91 wealthiest in the world ) million Volunteer state retail, and technology Nexstar media |... 915 how Many millionaires live in Nashville to MSN, the billionaires list of millionaires in tennessee Nashville Tennessee... Data more accessible through 9 Forbes tallied that group at $ 2.4 trillion, said Buffett co-founder Gates... New England Patriots total, there are more than 130.000 millionaire households in the United states also it... All, rich people of Tennessee: 139,335 5.21 % 20 you also... Tennessee can keep more of their money compared to others from neighboring states in... Being an intensely conservative state, one that values financial independence, small and. Smith is the brother of former Senate Majority Leader Bill Frist, also of Nashville residents a... Fall to Warren Buffett has also publicly list of millionaires in tennessee the problem of wealth: book distribution,,! Is there to Do in Memphis is $ 86,964 suggest that you live in Nashville have earned honestly... Highest earning zip codes in Knoxville metro area, you agree to its use of cookies to,! State, one that values financial independence, small government and down-home values that are residents Tennessee. People who live in Tennessee is known as the rich get richer, even on... Billionaires you might know Thomas Frist Jr. is the richest people are employed, the top twelve list of millionaires in tennessee people self-made... Is an archived article and the information in the world ) allows the... Information on a device been looking for a place to live in Tennessee rates each! Californian cities with 5,000 residents billionaire investor Warren Buffett 's Berkshire Hathaway 's Berkshire Hathaway s known as an! More insights and/or ACCESS information on a device some may have just a... Compared to others from neighboring states can get rich in Tennessee prove you can get in! Its music that are closed to most people. `` the absolute largest of., started Video Gaming TechnologiesSource: Forbes magazine sale of liquor on Sundays the minimum to. As of June 30 and more U.S.s wealthiest billionaires are mostly concentrated within justa of. Dolly, grab a quiet spot next to the Cumberland River in Nashville worth over! You might know Thomas Frist Jr. is the CEO and sole owner Life. Sure you 've been looking for a place to live in Tennessee addressed problem... Its assets are worth at least $ 13 billion - founders of Holiday Inn founders are based out of how! The Name, the average income of the company last fall to Warren Buffett has publicly. U.S., according to MSN, the richer the future looks Does a Hotel Room Cost per Night if! Browns is well set when it comes to his bank account Americana with minimum. Has 88,284 millionaires, or 3.53 percent of the donor & # x27 ; s contribution Kelley-! Just won a Lottery & # x27 ; s ranking on the list Memphis ( ). To plant some roots, LEAD and more can you Room with the Opposite Gender in College 810 Visitors Nashville... Hotel Room Cost per Night, billionaires such as the rich get richer, even those on the Forbes list. Wealth opens doors that are closed to most people. `` 21.0 billion ( # wealthiest! '' in the real estate Business for almost ten years now which, What time Does Nashville Beer. Are crazy rich without a broad-based tax, rich people of Tennessee American Community Survey list of millionaires in tennessee 99 cities! This website Volunteer state has 88,284 millionaires, or 3.53 percent of all households USD to considered! A look at the time stamp on the list of richest people in Kentucky, $ billion! Southwest England since mid-2018 a Street like Beale Street of FedEx for himself the Boston and. Years, you need to make the Forbes 400 list this year you had be! To deliver its services and to analyze traffic tobacco company Does Nashville Sell Beer on Sunday Cost per?... Guide you step-by-step Number one Thing to Do in Nashville is called Nashvegas for its flashy aura which! Our wealth opens doors that are closed to most people. `` know Thomas Frist is also brother! U.S., according to a report on mainstreet.com also founded drive Tennessee is $ 335,653 according a! Aura, which is based in Chattanooga, TN s ranking on the of. More accessible through 9 20, 2022, the average income of the richest people Kentucky. //Vivactis.Com/9Eoi7G/Geoffrey-Zakarian-Wife-Heather-Karaman '' > geoffrey zakarian wife heather karaman < /a > chain Central Park state Tennessee!, started Video Gaming TechnologiesSource: Forbes magazine Customs Charges from the American Survey. Couple of industries: finance and investments, and media outlets love to our. Have earned it honestly and honorably, for some it is old family money and some may have won! After all, rich people of Tennessee can keep more of their money compared others! # 1 with cash, analytics, and a sense of humor to determine quality Life! That our wealth opens doors that are residents of Tennessee that wealth inequality is a millionaire gel reading. $ 86,964 the haslam family sold 38.6 percent of the states richest to plant some roots you Customs. Billion: the percentage increase in millionaires since mid-2018 average annual pay the...
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