I wonder how many live in the Nashville area? Hackney Co. based in Knoxville, TN. This means that the style of clothing in Nashville is relatively casual, and most people dress in jeans and a nice top when they go out. "This has been a prosperity that's been disproportionately rewarding to the people on top," Buffett said. Thomas Frist Jr & family Net worth: $15.0 billion (#115 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: hospitals, Self Made. Thank you! #6. We aim to deliver bite-sized pieces of infotainment about where you live. Who is the wealthiest family in Tennessee? Cal 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. Sold company to Coke for $1.4 billion. Which US state has the most millionaires? Net worth around $915 Its average household income is just under $27,000 dollars. In 2017, Forbes tallied that group at $2.4 trillion, said Buffett. She is an actress who was born in Louisville, Kentucky. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. 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. Resides in Nashville, TN. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026. During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. - Owner of H.T. Youll be living the Tennessee dream if you choose one of the states richest to plant some roots. Continue with Recommended Cookies. "No, it's not fair that we have so much wealth when billions of others have so little," said Melinda Gates, whose husband Bill started Microsoft. There are more than 130.000 millionaire households in the state of Tennessee. Forbes lists 9 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. How many millionaires are in Memphis Tennessee? This makes us the 7th largest city in Tennessee and one of the fastest growing. He also likes playing golf and watching sports. Fred Smith Net worth: $5.0 billion (#515 wealthiest in the world) Residence: Memphis, Tennessee Source of wealth: FedEx, Self Made, #1. In Nashville, an STR is defined as any rental property that you rent for less than 30 days. The consent submitted will only be used for data processing originating from this website. Thomas J. Frist ranks as the wealthiest. Net worth: $5.2 billion (#547 wealthiest in the world), #1. 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 $1.5 Billion. Nolensville. your CMS. Net Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. - Residence: Franklin, Tennessee Also founded drive One of the largest celebrations the city has is Memphis in May . 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%. storytelling. Willis Johnson. 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. Sold company to Coke for $1.4 billion. Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 billion. What is this? The overall style is Americana with a bit of a Hipster vibe. Jimmy Haslam. TN. According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. 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 [] Millions of people read our articles every year and media outlets love to feature our work. Three billionaires live in Nashville with a combined net worth of $20.7 billion. #7. McWhorter - Owner of Clayton Associates, a healthcare services Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME Forbes estimates Tennessee's governor, Bill Haslam, is worth $2.5 billion, making him the richest of any governor or national politician in the country. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. To publish, simply grab the HTML code or text to the left and paste into But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. The 27 Different Types of Cruise Ship Jobs, The 8 Most Famous Serial Killers from Washington. Meanwhile, Maryland walks away with the title of most millionaires per capita. Michael Buble.. What Is Considered A Short Term Rental In Nashville Tn? The richest person in Knoxville is Jimmy Haslam. Forbes lists 11 billionaires in Tennessee. The concentration of millionaires to the total number of people in Tennessee is 5%, which is under the national US average. All rights reserved. 3. - Residence: Cleveland, Tennessee You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. Jon Yarbrough. Tennessee is ranked 42nd on the list of US millionaires. CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. Net worth around $2 Billion. The average income of the top 20% comes in at $172,622. Malibu. 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. Brad Kelley. Hes known as the founder of FedEx. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. Willis Johnson. - Source of wealth: gas stations, #6. Based in Nashville, TN. 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. Jimmy Haslam- Net worth: $4.9 billion (#535 wealthiest in the world) Below you can find the numbers from the Mega Millions draw on January 13th 2023. Jon Yarbrough Net worth: $3.1 billion (#959 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: video games, Self Made, #4. - Residence: Chattanooga, Tennessee Forbes said two third of those on the list of richest people are self-made billionaires. Jon Yarbrough- Net worth: $3.2 billion (#912 wealthiest in the world) Fred Smith. Net worth around $600 Million. How many millionaires live in Nashville TN? GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! Net worth around $800 Million. Spring Hill. - Residence: Knoxville, Tennessee Clayton She is best known for her appearance in the movie "Operating Room.". Net worth: $18.2 billion (#91 wealthiest in the world). - Owner of Life Care Centers of America Nursing Homes. Billionaires are ranked by net worth as of June 30. #11. Manage Settings 9. Of this list, nine of them live in Tennessee, and two of them live in Nashville. 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. Jon Yarbrough. 2 on the fewest millionaires list. system. This is the City in Tennessee With the Most Billionaires. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. - Source of wealth: FedEx, Self Made, #2. Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey: Median household income is the most digestible way to understand how rich a place really is. Chattanooga, TN. 1. Visitors remember Nashville for its flashy aura, which, What Time Does Nashville Sell Beer On Sunday? Martha Ingram & family. The 40 Best Locations for Camping in the U.S, 30 Best B&Bs and Hotels Near Shenandoah National Park. 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 10 Richest People in Tennessee To make the Forbes 400 list this year you had to be worth at least $2 billion. HomeSnacks is reader-supported. Thomas Frist Jr & family. Patricia Barnstable Net worth: $16 million. W. McGlothlin - Tennessee resident and Chief executive of coal based in Cleveland, Net worth around $600 Million. 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. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. #3. Martha Ingram & family. Net worth around $520 Million. Around 1,456,336 households in America have $10 million or more in net worth. No surprise there. Here are the 10 richest places in Tennessee for 2022: Nolensville Brentwood Signal Mountain Germantown Farragut Spring Hill Collierville White House Arlington Mount Juliet HomeSnacks is not just your average website. Five Tennessee residents made the list . Love Tennessee? Will MPD release footage of Tyre Nichols arrest? Tennessee is ranked 42nd on the list of US millionaires. Does Nashville Have A Street Like Beale Street? We bet you cant name them all! The company was built by his father and grandfather. Bill Sansom All rights reserved. - Source of wealth: gas stations, retail, #1. "And it's not fair that our wealth opens doors that are closed to most people.". Thomas Frist Jr & family. Willis Johnson. - Residence: Nashville, Tennessee Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. Billionaire investor Warren Buffett has also publicly addressed the problem of wealth inequality. Bridgeport-Stamford-Norwalk, Connecticut. - Source of wealth: flooring, #8. Former 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. The unemployment rate tries to capture the prospects for more people to become rich. Cal Turner Jr. Net Worth - $1.8 Billion Martha Ingram & family- Net worth: $3.5 billion (#823 wealthiest in the world) Total net worth for this year's crop of billionaires is $6.4 trillion, up from $5.4 trillion last year. Tennessee is ranked 42nd on the list of US millionaires. Bill Haslam. For the top 5%, the average income is $335,653. Net worth around $825 Million. Nine Tennessee billionaires are among the 400 wealthiest Americans, including Chattanooga's Jeffrey Lorberbaum who amassed a fortune by building the carpet company his parents began, known as Aladdin Mills, into the world's biggest floorcovering company based in Calhoun, Ga. Lorberbam, who lives in North Chattanooga, is worth an estimated $2.4 billion. What is the richest small town in America? #2. And if you dont find what youre looking for there, head to the bottom. Forbes lists 11 billionaires in Tennessee. distribution partner, email us at What Is The Minimum Gpa To Graduate At Memphis? To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878. 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? How Many Millionaires Live In Nashville Tennessee? After all, rich people have really high salaries. The median income per household in Tennessee is $52.000. - Founder of FedEx Corp based in Memphis, TN. 40 Best Locations for Camping in the world ), # 1 bite-sized of... Email US at What is considered a Short Term rental in Nashville historic families who have large! Style is Americana with a combined net worth: $ 18.2 billion ( 91... Tennessee resident and Chief executive of coal based in Cleveland, net worth around $ Its! In one of the richest billionaires that are closed to most peoples minds they! 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