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4. 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. Hes known as the founder of FedEx. WHAT ABOUT YOU, Goal setting and goal management software for. This is our tenth time ranking the richest cities in Tennessee. Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans viewthe ultra-richas a group rather than as individualsnegatively. Net worth around $880 Million. Bridgeport-Stamford-Norwalk, Connecticut. Did you know Tennessee was so wildly infused with cash? SouthlakeMost Affluent Small Cities: 30,000 to 50,000 Residents. Billionaires are ranked by net worth as of June 30. Net worth around $1.5 Billion. Mark Zuckerberg. Tennessee is ranked 42nd on the list of US millionaires. Table of Contents show 10. Martha Ingram & family. based in Memphis, TN. Join the Memphis Business Journal to unlock even more insights! Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. HomeSnacks is reader-supported. Visitors remember Nashville for its flashy aura, which, What Time Does Nashville Sell Beer On Sunday? Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. What Is Considered A Short Term Rental In Nashville Tn? #5. However, a few outliers exist in suburban and even rural areas. All rights reserved. Forbes lists 9 billionaires in Tennessee. Continue with Recommended Cookies. How many billionaires are there in Tennessee? Jeffrey Lorberbaum- Net worth: $1.2 billion (#2,198 wealthiest in the world) How many households are millionaires in Tennessee? distribution partner, email us at 1. Home University Of Memphis How Many Millionaires Are In Tennessee? Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 billion. In total, there are 9 Tennessee billionaires on the Forbes list. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. Rich people not your cup of tea? Summerfield There are more than 130.000 millionaire households in the state of Tennessee. - Founder of FedEx Corp based in Memphis, TN. In comparison, the median income across the state is more than $44,000 dollars. Net worth around $2 Billion. What Is There To Do In Nashville On Christmas 2021? Bill Gates, 62, worth $90 . Sold company to Coke for $1.4 billion. Forbes lists 11 billionaires in Tennessee. Patricia Barnstable Net worth: $16 million. Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. HomeSnacks is not just your average website. Thomas J. Frist ranks as the wealthiest. 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. Net worth around $825 Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. Recently a report from Forbes found that there are 2,755 billionaires in the world. How did we identify Tennessees wealthiest places? storytelling. Owns 71% of Kentucky Downs racetrack; also holds minor stake Teacher. All rights reserved. Tennessee is ranked 42nd on the list of US millionaires. The CEO of popular Pilot Flying J and owner of the Cleveland Browns is well set when it comes to his bank account. Net worth around $810 Forbes lists 11 billionaires in Tennessee. March 13, 2018 at 1:00 a.m. - Source of wealth: gas stations, #6. We analyzed 95 places in Tennessee to determine where the 1% live. #7. OnlyInYourState may earn compensation through affiliate links in this article. This makes us the 7th largest city in Tennessee and one of the fastest growing. Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, Millions of people read our articles every year and media outlets love to feature our work. To publish, simply grab the HTML code or text to the left and paste into 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. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Love Tennessee? - Residence: Chattanooga, 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. Nolensville. How Do I Establish Residency 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. Forbes lists 11 billionaires in Tennessee. For the top 5%, the average income is $335,653. This is an archived article and the information in the article may be outdated. How much do you have to make to be rich in Nashville? Who is the richest person in Chattanooga TN? This is also under the national average and you are expected to earn less here but at the same time, you also spend less than in states such as Indiana or Missouri. Forbes lists 11 billionaires in Tennessee. My Business Partner Jeff is here to guide you step-by-step. 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. 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. TN. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026. Forbes lists 11 billionaires in Tennessee. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Thomas Frist Jr & family. - Residence: Knoxville, Tennessee Gandson of founder of Great Western Coco-Cola Bottling Co, based in As of May 20, 2022, the average annual pay for the Comfortable jobs category in Tennessee is $39,591 a year. Tennessee: 139,335 5.21% 20 Net worth around $900 Million. Known for large country estates and rolling hills, Brentwood is an affluent suburb south of Nashville and one of the wealthiest cities in the country. Net worth around $880 Million. Tennessee is ranked 42nd on the list of US millionaires. This site uses cookies from Google to deliver its services and to analyze traffic. #11. Forbes said two third of those on the list of richest people are self-made billionaires. How many billionaires are there in Tennessee? 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? 3. And if you dont find what youre looking for there, head to the bottom. created by his father and grandfather. Two Tennessee cities made the list Memphis (47) and Nashville (26). We aim to deliver bite-sized pieces of infotainment about where you live. Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. Depending on your state, most teaching positions require a bachelor's degree, though some require a master's degree . Million. Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. Tennessee Gov. Net worth around $470 Bill Haslam remained among the richest in Tennessee with an estimated net worth of $2.6 billion, according to Forbes. Who is the richest person in Nashville TN? 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. Patricia Barnstable is one of the richest people in Kentucky. And lucky for you, theyre listed below. She is an actress who was born in Louisville, Kentucky. 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. - Net worth: $5.2 billion (#547 wealthiest in the world) #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. Tell us in the comments! based in Knoxville, TN. #7. In Tennessee like in other areas they exist. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. Who is the richest family in Tennessee? Five Tennessee residents made the list . Goalsontrack Is A Web-based System That Allows You To Set And Track Goals And Sub-goals, Manage Tasks, Build Habits, Keep Goal Journal, Visualize Your Goals With Vision Board, And Keep Your Goals Organized And Motivate You To Make Progress Daily. Sold company to Coke for $1.4 billion. Chris Kolmar has been in the real estate business for almost ten years now. Nashville, TN. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. For the top 5%, the average income is $335,653. Average kindergarten and elementary teacher salary: $58,230. Spencer Hays - Owner of Southwestern/Great American Inc. based in 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. #11. 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. Youll be living the Tennessee dream if you choose one of the states richest to plant some roots. So the US is definitely the country with the most millionaires. 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%. Get more stories delivered right to your email. He founded Hospital Corp and he is worth at least $13 billion. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Stacker believes in making the worlds data more accessible through Copyright 2023, Chattanooga Times Free Press, Inc. Billionaires are ranked by net worth as of June 30. The population is just under 40,000. Your email address will not be published. Tim Cook. Jimmy Haslam is also majority owner of the Cleveland Browns NFL franchise. - CEO of Pilot Flying J Truckstops. Frederick Smith - Source of wealth: damaged cars, Self Made, #7. 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. List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. Net The 10 Richest People in Tennessee How many millionaires are there in Tennessee? 9. In doing so, youre agreeing to the below guidelines. advanced payments for their upcoming paychecks. Its average household income is just under $27,000 dollars. Our team of experts has selected the best teeth whitening gel out of hundreds of options. She is best known for her appearance in the movie "Operating Room.". This material may not be published, broadcast, rewritten, or redistributed. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. These billionaires prove you can get rich in Tennessee. people getting PAID EVERY DAY. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money.
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