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. To that end, most Stacker stories are freely available to - Founder of FedEx Corp based in Memphis, TN. 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. How many billionaires are there in Tennessee? 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.. Which Island in Hawaii is the Cheapest to Live In? 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. 3. Brad Kelley. 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? - Residence: Chattanooga, Tennessee - Net worth: $21.0 billion (#81 wealthiest in the world). In comparison, the median income across the state is more than $44,000 dollars. CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. Brad Kelley- Net worth: $2.5 billion (#1,150 wealthiest in the world) Net worth around $880 Million. In total, there are 9 Tennessee billionaires on the Forbes list. Net worth around $915 Hence a person must have a net worth of at least one million USD to be recognised as a millionaire anywhere in the world. How many households are millionaires in Tennessee? Michael Buble.. #11. Net worth around $800 Million. He currently works as a professor at a local college. - Residence: Nashville, Tennessee #4. The average income of the top 20% comes in at $172,622. more! Net worth around $2.3 Billion. "This has been a prosperity that's been disproportionately rewarding to the people on top," Buffett said. OnlyInYourState may earn compensation through affiliate links in this article. #6. share our stories with your audience. 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. - Net worth: $15.0 billion (#115 wealthiest in the world) New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. 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. Who is the richest person in Nashville TN? Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. wealthiest people in the state of Tennessee: Thomas He also likes playing golf and watching sports. The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. San Francisco-Oakland-Hayward, California. company, United Co., which is based in Bristol, VA. Net worth around $900 Million. 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. What Is There To Do In Nashville On Christmas 2021? Tim Cook. Net worth around Forbes has estimated that Preston is worth nearly $1.5 billion. - Residence: Cleveland, Tennessee He's known as the founder of FedEx. - Net worth: $5.0 billion (#515 wealthiest in the world) #1. You can find out more about him on LinkedIn or his website. Jim "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. What percentage of Americans have a net worth of over $1000000? Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. Forbes lists 11 billionaires in Tennessee. #5. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. Net Did You Know All Of This About Vanderbilt University? Thomas J. Frist ranks as the wealthiest. The Holiday Inn founders are based out of Memphis, TN. What is this? 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. How many billionaires are there in Tennessee? #3. These billionaires prove you can get rich in Tennessee. R.B. What Is The Minimum Gpa To Graduate At Memphis? He founded Hospital Corp and he is worth at least $13 billion. How many millionaires are there in Tennessee? Tennessee is ranked 42nd on the list of US millionaires. var sc_security="b0816e13". Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. Clayton What is the wealthiest county in Tennessee? Continue with Recommended Cookies. 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. Get more stories delivered right to your email. This material may not be published, broadcast, rewritten, or redistributed. Information about your use of this site is shared with Google. Frist is also the brother of former Senate Majority Leader Bill Frist, also of Nashville. HomeSnacks is reader-supported. Net worth around $1.5 Billion. We call this a citys overall SnackAbility. #7. - Source of wealth: solar systems, Self Made, #9. For the top 5%, the average income is $335,653. Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. The median home value in the state is just above $170.000. Based in Nashville, TN. Nashville, Tennessee Incorporated 1806, Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Two Tennessee cities made the list Memphis (47) and Nashville (26). 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. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Tennessee Millionaires TENNE$$EE MILLIONAIRE$ Home wHAT IS A MILLIONAIRE? Net worth around $470 Arkansas with the second fewest has 35,286. Is the US the Richest Country in the World? You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. - Source of wealth: flooring, #8. Nolensville. #2. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. He founded Hospital Corp and he is worth at least $13 billion. Former We then looked at median income and unemployment and poverty rates for each and assigned a score. Tennessee is ranked 42nd on the list of US millionaires. This is the equivalent of $761/week or $3,299/month. Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. Willis Johnson. 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. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. as well as image rights, data visualizations, forward planning tools, You should explain the value of the donor's contribution. To make the Forbes 400 list this year you had to be worth at least $2 billion. Billy [emailprotected]. Thats more than 10% of households in the US. We aim to deliver bite-sized pieces of infotainment about where you live. - Source of wealth: book distribution, transportation, #3. 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. What city in Tennessee has the most millionaires? Net worth around $600 Million. How Many Millionaires Live In Nashville Tennessee? Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Fred Smith is worth at least $6 billion. The CEO of popular Pilot Flying J and owner of the Cleveland Browns is well set when it comes to his bank account. Tennessee is ranked 42nd on the list of US millionaires. Frist Jr. - largest individual shareholder of HCA, a healthcare Brad Kelley. How did we identify Tennessees wealthiest places? Frederick Smith Brad Kelley- The company was built by his father and grandfather. 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 . If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. These are two of the most affluent suburbs in the Nashville area. Of this list, nine of them live in Tennessee, and two of them live in Nashville. Recently a report from Forbes found that there are 2,755 billionaires in the world. Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. | 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 $810 Join the, Grand Ole Opry. Forbes lists 9 billionaires in Tennessee. These are the five winning numbers and Mega Ball that you need to match to win a prize for the draw on January 13th. storytelling. 2015-2023 Chasing Chains, LLC. Net worth around $825 Million. Net worth around $500 Million. All Rights Reserved Powered by. #2. This site uses cookies from Google to deliver its services and to analyze traffic. Martha Ingram & family. Fred Smith. During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. And lucky for you, theyre listed below. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. Google Millionaire List Grows. Net worth around $600 Million. based in Cleveland, Join the Memphis Business Journal to unlock even more insights! 10) James W. McGothlin - 900 million Mason This makes us the 7th largest city in Tennessee and one of the fastest growing. Which US state has the most millionaires? Where do most celebrities live in Nashville? fezco actor interview, mike markkula golden parachute, sedgwick county offender registration office phone number, Where you live in Nashville is worth at least $ 13 billion keeping their wealth you live in one the! Out more about the top 5 %, the median income across the state is more than 10 of! 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