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. Real Estate. The population is just under 40,000. Martha Ingram & family Net worth: $3.8 billion (#751 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: book distribution, transportation, #3. Sold company to Coke for $1.4 billion. Thats 1.13% of American households. Million. Franklin, Tennesse has another three billionaires with approximately a third of Nashville's combined wealth. 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. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. Millions of people read our articles every year and media outlets love to feature our work. We aim to deliver bite-sized pieces of infotainment about where you live. 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 [] What Is The Minimum Gpa To Graduate At Memphis? Hes known as the founder of FedEx. 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. Paul Arnold is an education expert with over 25 years of experience in the field. Jimmy Haslam- Net worth: $4.9 billion (#535 wealthiest in the world) Thomas J. Frist ranks as the wealthiest. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. He's known as the founder of FedEx. What city in Tennessee has the most millionaires? No surprise there. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. Join the Memphis Business Journal to unlock even more insights! Below is a list of the Brad Kelley. #2. Based in Nashville, TN. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Its average household income is just under $27,000 dollars. Summerfield trivia, facts, history, culture, entertainment, sports, geography and Visitors remember Nashville for its flashy aura, which, What Time Does Nashville Sell Beer On Sunday? To make the Forbes 400 list this year you had to be worth at least $2 billion. Mark Zuckerberg. And if you dont find what youre looking for there, head to the bottom. Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. #6. San Jose-Sunnyvale-Santa Clara, California. Fred Smith is worth at least $6 billion. If you want to make sure you have the necessary supplies on hand to treat a future breakout, acne patches are the answer. more! Willis Johnson Net worth: $1.8 billion (#1,669 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: damaged cars, Self Made, #7. Jimmy Haslam SouthlakeMost Affluent Small Cities: 30,000 to 50,000 Residents. Sold company to Coke for $1.4 billion. - Source of wealth: hospitals, Self Made. Net worth around $300 Million. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Thomas Frist is the richest man in Tennessee. - Source of wealth: book distribution, transportation, #3. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. created by his father and grandfather. And lucky for you, theyre listed below. Frist Jr. - largest individual shareholder of HCA, a healthcare Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) TN. Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 billion. Tell us in the comments! He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. based in Cleveland, CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. "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. 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. Hotel Management Co. Net worth around $1.2 All rights reserved. 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. Can You Room With The Opposite Gender In College? Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, In 2020, California had the highest number of millionaire households in the U.S., with 1.14 million households having one million or more in investible assets. These billionaires prove you can get rich in Tennessee. Warren Buffet. Join the, Grand Ole Opry. How Many Millionaires Live In Nashville Tennessee? Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. Net worth around $825 All Rights Reserved Powered by. 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. According to the latest data, Nolensville, has earned this honor. Jon Yarbrough. 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? The U.S.'s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. Also founded drive thru fast food chain Central Park. "This has been a prosperity that's been disproportionately rewarding to the people on top," Buffett said. You'll receive your first newsletter soon! Tennessee is ranked 42nd on the list of US millionaires. 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%. Martha Ingram & family. Net worth around $470 #5. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Net worth around $800 Million. Malibu. Net worth: $15.0 billion (#115 wealthiest in the world), #1. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. Thomas Frist Jr & family. based in Memphis, TN. To publish, simply grab the HTML code or text to the left and paste into - Founder of Check Into Cash, an industry which allows people to receive Is the US the Richest Country in the World? So the US is definitely the country with the most millionaires. Net 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. Share of millionaire households 1 . Which Island in Hawaii is the Cheapest to Live In? Meghan Kraft loves to travel the world, but she makes her home right here in Nashville, Tennessee. How many households are millionaires in Tennessee? Fred Smith. For the top 5%, the average income is $335,653. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8.2 billion Total households: 567,486. Our team of experts has selected the best teeth whitening gel out of hundreds of options. Jimmy Haslam is also majority owner of the Cleveland Browns NFL franchise. "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. Clayton Many of them run multiple successful companies and some of them have even inherited these large companies as is the case of Martha Ingram with Ingram Industries. and more. Tennessee Gov. Table of Contents show 10. I wonder how many live in the Nashville area? Founder of AutoZone, and largest stock holder of GTx Pharmaceutical Co. https://journeyz.co/wp-content/cache/breeze-minification/js/breeze_d6f2b5374d4034eccf68622444cf0976.js, The 100 Best Places to Travel in the World. If more people are employed, the richer the future looks. J.K Rowling. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. - Net worth: $21.0 billion (#81 wealthiest in the world). wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. How many millionaires do we have in California? This means that the house and its assets are worth at least $1 million. 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. #2. Will MPD release footage of Tyre Nichols arrest? Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) Tennessee is ranked 42nd on the list of US millionaires. However, a few outliers exist in suburban and even rural areas. #3. Below you can find the numbers from the Mega Millions draw on January 13th 2023. 1990, manufactured discounted cigarettes USA Gold, Bull Durham, 7: The percentage increase in millionaires since mid-2018. Thomas Frist Jr & family. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. 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. Google Millionaire List Grows. And, folks, there are some super rich places in Tennessee that are snack worthy. In Nashville, an STR is defined as any rental property that you rent for less than 30 days. 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. Forbes lists 11 billionaires in Tennessee. When you click through real estate links on our site, we earn an affiliate commission. How many millionaires are there in Tennessee? What Is The Number One Thing To Do In Nashville? 3. 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. How many 10 millionaires are there in America? 8: California's ranking on the list of most millionaires, per capita. How many households are millionaires in Tennessee? "And it's not fair that our wealth opens doors that are closed to most people.". What city in Tennessee has the most millionaires? company. Does Jason Aldean Play At His Bar In Nashville? WHAT ABOUT YOU, Goal setting and goal management software for. Paul is a big fan of the Boston Celtics and New England Patriots. The state has 39,220 households with $1 million or more to invest. 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. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. Net worth around $810 Mason Hawkins - How many billionaires are there in Tennessee? Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. To that end, most Stacker stories are freely available to Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME Tennesseans among the wealthiest Americans in 2018 include: Jeffrey Lorberbaum, $2.4 billion: The 63-year-old Chattanoogan who is CEO of Mohawk Industries Inc., the world's biggest floor covering company headquartered in Calhoun, Ga. Forrest Preston, 1.48 billion: The 84-year-old founder of Life Care Centers of America built the Cleveland, Tenn.-based nursing home chain into the largest privately owned senior living business in the country. Jimmy Haslam, $3.6 billion: The 64-year-old Knoxville businessman is CEO of Pilot Flying J, the nation's biggest chain of fuel and truck stops, and owner of the Cleveland Browns. Bill Haslam, $2.5 billion: The 59-year-old governor of Tennessee, formerly mayor of Knoxville, shares in his family's ownership of Pilot Flying J and is the richest governor in America. Thomas Frist Jr., $8.1 billion: The 79-year-old Nashvillian who founded Hospital Corp. of America with his father. system. 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. HomeSnacks is reader-supported. There are more than 130.000 millionaire households in the state of Tennessee. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! [emailprotected]. #4. - Residence: Chattanooga, Tennessee W. 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She is best known for her appearance in the movie "Operating Room.". As mentioned before, Nashville is a city known for its music. This is the City in Tennessee With the Most Billionaires. K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. In Tennessee like in other areas they exist. - Source of wealth: FedEx, Self Made, #2. Three more . Brad Kelley- Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. He also likes playing golf and watching sports. - Residence: Knoxville, Tennessee #11. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. Net worth around $600 Million. - Source of wealth: health care, Self Made, #10. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Get more stories delivered right to your email. - Owner of H.T. Jon Yarbrough- Net worth: $3.2 billion (#912 wealthiest in the world) Forbes has estimated that Preston is worth nearly $1.5 billion. Dunavant - Owner of Dunavant Enterprises, a cotton manufacturer based 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. Net Average kindergarten and elementary teacher salary: $58,230. What percentage of Americans have a net worth of over $1000000? The CEO of popular Pilot Flying J and owner of the Cleveland Browns is well set when it comes to his bank account. The 2017 Census lists the Citys population at 71,374. The median home value in the state is just above $170.000. We and our partners use cookies to Store and/or access information on a device. Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Jimmy Haslam. The investor also noted that in 1982, according to Forbes, the richest 400 Americans were worth $93 billion. Forbes lists 11 billionaires in Tennessee. By using this site, you agree to its use of cookies. 9. 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. Forbes lists 9 billionaires in Tennessee. Tennessee is ranked 42nd on the list of US millionaires. Willis Johnson. Billy Thomas J. Frist ranks as the wealthiest. Forbes lists 11 billionaires in Tennessee. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Brad Kelley Net worth: $2.7 billion (#1,103 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: tobacco, Self Made, #5. There are a few guidelines and for 2021. Where do most celebrities live in Nashville? New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. We bet you can't name them all! Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee Bridgeport-Stamford-Norwalk, Connecticut. 1. 2 on the fewest millionaires list. #8. 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. McWhorter - Owner of Clayton Associates, a healthcare services
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