He currently works as a professor at a local college. TN. All rights reserved. To make the Forbes 400 list this year you had to be worth at least $2 billion. Thank you! Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) #7. An example of data being processed may be a unique identifier stored in a cookie. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. But its often a task of finding opportunity where you see it rather than the place you live. Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. Billionaires are ranked by net worth as of July 31. Million. K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. Three more . Fred Smith is worth at least $6 billion. Franklin, Tennesse has another three billionaires with approximately a third of Nashville's combined wealth. So the US is definitely the country with the most millionaires. She is an actress who was born in Louisville, Kentucky. - Residence: Nashville, Tennessee How Much Does a Hotel Room Cost Per Night? In total, there are 9 Tennessee billionaires on the Forbes list. Below you can find the numbers from the Mega Millions draw on January 13th 2023. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. In doing so, youre agreeing to the below guidelines. Three billionaires live in Nashville with a combined net worth of $20.7 billion. Net worth: $5.0 billion (#515 wealthiest in the world), #1. 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. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. 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. Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Two Tennessee cities made the list Memphis (47) and Nashville (26). Jon Yarbrough. If more people are employed, the richer the future looks. How many households are millionaires in Tennessee? Haslam was born in Knoxville in 1954 and attended the University of Tennesee. During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. "The real problem, in my view, is - this has been - the prosperity has been unbelievable for the extremely rich people," said Buffett on PBS Newshour in June. Fred Smith. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. Net worth around $915 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. Does Jason Aldean Play At His Bar In Nashville? The CEO of popular Pilot Flying J and owner of the Cleveland Browns is well set when it comes to his bank account. How Do You Experience Music In Nashville? 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. Forbes lists 11 billionaires in Tennessee. 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. But a handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 annual list. wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. #6. This is an archived article and the information in the article may be outdated. Forbes lists 11 billionaires in Tennessee. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Tennessee The Holiday Inn founders are based out of Memphis, TN. - Net worth: $5.0 billion (#515 wealthiest in the world) #1. Of. TN. Bill Gates. 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. restrictions, which you can review below. Net worth around $2 Billion. The consent submitted will only be used for data processing originating from this website. He has worked in both public and private schools, as well as colleges and universities. The Grand Ole Opry began as a radio show in 1925, and it put Nashville on the map as the Country Music, Why is Nashville called Nashvegas? - Residence: Knoxville, Tennessee 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? As a result, billionaires such as Forrest Preston, the Cleveland, Tenn., businessman who started Life Care Centers of America, was not on the Forbes 400 list. Two Tennessee cities made the list Memphis (47) and Nashville (26). - Source of wealth: book distribution, transportation, #3. 10) James W. McGothlin - 900 million Mason What Is Considered A Short Term Rental In Nashville Tn? New Jersey and Connecticut are in two of the top three spots - and of course New York City is home to well over 300,000 millionaires itself. San Francisco-Oakland-Hayward, California. Willis Johnson. Tennessee Gov. 2015-2023 Chasing Chains, LLC. For the top 5%, the average income is $335,653. What is the wealthiest county in Tennessee? wealthiest people in the state of Tennessee: Thomas Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. distribution partner, email us at Net worth around $825 Million. How many households are millionaires in Tennessee? In Tennessee like in other areas they exist. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Home University Of Memphis How Many Millionaires Are In Tennessee? 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. system. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. Net worth around $600 Million. Million. #11. (Solution). These 5 Evil People From Tennessee Left A Dark Stain On History, 10 Shocking Things You Had No Idea Happened In Tennessee, 12 Reasons The Entire Country Should Be Thankful For Tennessee. advanced payments for their upcoming paychecks. Forbes lists 9 billionaires in Tennessee. He founded Hospital Corp and he is worth at least $13 billion. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. These are the five winning numbers and Mega Ball that you need to match to win a prize for the draw on January 13th. Net worth: $15.0 billion (#115 wealthiest in the world), #1. The town has some retail and commercial areas but is mostly residential. My Business Partner Jeff is here to guide you step-by-step. Million. Millions of people read our articles every year and media outlets love to feature our work. 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. created by his father and grandfather. Thats more than 10% of households in the US. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. This material may not be published, broadcast, rewritten, or redistributed. Net #2. Which Island in Hawaii is the Cheapest to Live In? There are more than 130.000 millionaire households in the state of Tennessee. 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. 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. - Source of wealth: video games, Self Made, #4. He founded Hospital Corp and he is worth at least $13 billion. Also founded drive A solid philanthropist and lover of the arts, Ingram took over Ingram Industries after the loss of her husband. Please look at the time stamp on the story to see when it was last updated. 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. - Source of wealth: flooring, #8. 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. #4. Bill Haslam remained among the richest in Tennessee with an estimated net worth of $2.6 billion, according to Forbes. You can find out more about him on LinkedIn or his website. How many millionaires are in Memphis Tennessee? #5. Jimmy Haslam. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. #2. Chattanooga, TN. No surprise there. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! founded Commonwealth Brands tobacco company 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. Real Estate. Thoughts? #5. 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. How did we identify Tennessees wealthiest places? 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. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. 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