#5. Brad Kelley- #11. 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) Martha Ingram & family. Summerfield Forbes lists 11 billionaires in Tennessee. Thomas Frist Jr & family. 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. #8. Jimmy Haslam However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. and more. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. When he's not teaching or writing, Paul enjoys spending time with his wife and two children. Microsoft co-founder Bill Gates is the second richest person in the world with a net worth of $90 billion. How much do you have to make to be rich in Nashville? The 58-year-old governor, who previously was mayor of Knoxville . 7: The percentage increase in millionaires since mid-2018. Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. 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of Chattanooga Times Free Press, Inc. Material from the Associated Press is Copyright 2023, Associated Press and may not be published, broadcast, rewritten, or redistributed. Thank you! - Source of wealth: health care, Self Made, #10. Love Tennessee? Share of millionaire households 1 . The Volunteer State has. Forbes said two third of those on the list of richest people are self-made billionaires. After all, rich people have really high salaries. Former John Home University Of Memphis How Many Millionaires Are In Tennessee? He's known as the founder of FedEx. Also founded drive thru fast food chain Central Park. Grundy CountyGrundy County has been ranked as the poorest county in Tennessee. Warren Buffet. Turner Jr. - Largest stockholder of Dollar General Stores, which was 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. My Business Partner Jeff is here to guide you step-by-step. Hackney Co. based in Knoxville, TN. Sara Blakely. Ingram - Chairman of Ingram Industries, based in Nashville, TN. 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. As of May 20, 2022, the average annual pay for the Comfortable jobs category in Tennessee is $39,591 a year. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. What Is There To Do In Nashville On Christmas 2021? Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Stacker believes in making the worlds data more accessible through How many millionaires do we have in California? Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. distribution partner, email us at Net worth around $880 Million. And lucky for you, theyre listed below. Hawkins owns the Southeaster Asset Management Group and just barely scrapes in at our top five - but he's not really scraping by at all, if you ask us. "The economy is doing well, but all Americans aren't doing well.". This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. Chris Kolmar has been in the real estate business for almost ten years now. Arkansas with the second fewest has 35,286. - Residence: Gallatin, Tennessee What is the richest small town in America? What is the wealthiest county in Tennessee? 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. 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. You can find out more about him on LinkedIn or his website. Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. You'll receive your first newsletter soon! 1. Forbes lists 9 billionaires in Tennessee. Sold company to Coke for $1.4 billion. - Net worth: $5.0 billion (#515 wealthiest in the world) #1. Martha Ingram & family. Tennessee "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. Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Net worth around $800 Million. Owns 71% of Kentucky Downs racetrack; also holds minor stake - Owner of Life Care Centers of America Nursing Homes. March 13, 2018 at 1:00 a.m. Still, the state impresses with businesses such as the largest flooring company 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. 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. Net worth: $5.2 billion (#547 wealthiest in the world), #1. To that end, most Stacker stories are freely available to Were proud of our southern stock, no matter the dollar signs, and are proud to be from the ol Rocky Top. WHAT ABOUT YOU, Goal setting and goal management software for. 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. 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. Net worth around $900 Million. And, folks, there are some super rich places in Tennessee that are snack worthy. A solid philanthropist and lover of the arts, Ingram took over Ingram Industries after the loss of her husband. Which US state has the most millionaires? Fred Smith. Famous Artists Made in Nashville Black Eyed Peas. She is best known for her appearance in the movie "Operating Room.". Brad Kelley. Fred Smith. 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. Who is the wealthiest family in Tennessee? Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. What percentage of Americans have a net worth of over $1000000? 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 $2.3 Billion. We then looked at median income and unemployment and poverty rates for each and assigned a score. Bill Gates, 62, worth $90 . 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. #4. 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. Willis Johnson. Where do millionaires live 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. Jon Yarbrough. How many 10 millionaires are there in America? Tennessee is ranked 42nd on the list of US millionaires. Our team of experts has selected the best teeth whitening gel out of hundreds of options. "This has been a prosperity that's been disproportionately rewarding to the people on top," Buffett said. Bon Jovi. R.B. Manage Settings As the rich get richer, even those on the list acknowledge that wealth inequality is a problem. Fred Smith. You may also like: Highest earning zip codes in Knoxville metro area. Kemmons Wilson Family The 10 Richest People in Tennessee Hence a person must have a net worth of at least one million USD to be recognised as a millionaire anywhere in the world. Who is the richest person in Chattanooga TN? Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based Recently a report from Forbes found that there are 2,755 billionaires in the world. 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 . 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? What Is Considered A Short Term Rental In Nashville Tn? Visitors remember Nashville for its flashy aura, which, What Time Does Nashville Sell Beer On Sunday? Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 billion. Sold company to Coke for $1.4 billion. The investor also noted that in 1982, according to Forbes, the richest 400 Americans were worth $93 billion. 2 on the fewest millionaires list. You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. These billionaires prove you can get rich in Tennessee. Net worth: $21.0 billion (#81 wealthiest in the world). | Updated March 13, 2018 at 4:46 a.m. Around the globe, Forbes magazine estimates the number of billionaires last year rose by nearly 8.1 percent to a record 2,208 individuals who collectively had a net worth of $9.1 trillion. Net worth around $5 Billion. We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on. There are more than 130.000 millionaire households in the state of Tennessee. #7. This material may not be published, broadcast, rewritten, or redistributed. The overall style is Americana with a bit of a Hipster vibe. 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. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Of. What Is The Minimum Gpa To Graduate At Memphis? Net worth around $915 Davenport III - Son of Krystal fast food founder. Net worth around $600 Million. Two Tennessee cities made the list Memphis (47) and Nashville (26). #3. [emailprotected]. for 2021. - Source of wealth: solar systems, Self Made, #9. Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Million. Jimmy Haslam. - Founder of Check Into Cash, an industry which allows people to receive - Residence: Franklin, Tennessee #6. people getting PAID EVERY DAY. Million. Last year, Forbes' list had 1,426 billionaires. 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. Billionaires are ranked by net worth as of June 30. 2. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Net worth around $300 Million. Three billionaires live in Nashville with a combined net worth of $20.7 billion. 5. 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