#2. The town has some retail and commercial areas but is mostly residential. How Much Does a Hotel Room Cost Per Night? Bill Gates. Billionaires are ranked by net worth as of June 30. We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on. Forbes lists 11 billionaires in Tennessee. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. She is an actress who was born in Louisville, Kentucky. trivia, facts, history, culture, entertainment, sports, geography and (Solution). According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Paul is a big fan of the Boston Celtics and New England Patriots. She is best known for her appearance in the movie "Operating Room.". Ted Turner. Thomas Frist is the richest man in Tennessee. "And it's not fair that our wealth opens doors that are closed to most people.". Hes known as the founder of FedEx. These are two of the most affluent suburbs in the Nashville area. We then looked at median income and unemployment and poverty rates for each and assigned a score. Martha Rivers https://journeyz.co/wp-content/cache/breeze-minification/js/breeze_d6f2b5374d4034eccf68622444cf0976.js, The 100 Best Places to Travel in the World. In countries that use the short scale number naming system, a billionaire is someone who has at least a thousand times a million dollars, euros or the currency of the given country. as well as image rights, data visualizations, forward planning tools, Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, How did we identify Tennessees wealthiest places? The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. According to the latest data, Nolensville, has earned this honor. If more people are employed, the richer the future looks. Net worth around $5 Billion. in Churchill Downs, venue of Kentucky Derby. 6. 1.2% (year: 2018) Memphis is well known for its cultural contributions to the identity of the American south and barbequing cuisine. Based in Cleveland, TN. Net worth around $2 Billion. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. Our team of experts has selected the best teeth whitening gel out of hundreds of options. Chuck Feeney. Net worth around $880 Million. The small suburb of Nashville has a population of just 8,390. - Net worth: $21.0 billion (#81 wealthiest in the world) The lowest income to be considered rich (Top 20%) in Memphis is $86,964. McWhorter - Owner of Clayton Associates, a healthcare services In comparison, the median income across the state is more than $44,000 dollars. Required fields are marked *, Copyright . For the top 5%, the average income is $335,653. How Many Millionaires Live In Nashville Tennessee? Sara Blakely. How many millionaires are there in Tennessee? What city in Tennessee has the most millionaires? - Founders of Holiday Inn, based in Memphis, TN. Meanwhile, Maryland walks away with the title of most millionaires per capita. Spencer Hays - Owner of Southwestern/Great American Inc. based in 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. The investor also noted that in 1982, according to Forbes, the richest 400 Americans were worth $93 billion. $1.45 Billion. Net worth around $915 We analyzed 95 places in Tennessee to determine where the 1% live. Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) 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. Did you know Tennessee was so wildly infused with cash? - Residence: Cleveland, 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. and more. Brad Kelley. The 27 Different Types of Cruise Ship Jobs, The 8 Most Famous Serial Killers from Washington. Billionaires are ranked by net worth as of January 3. Former Around 1,456,336 households in America have $10 million or more in net worth. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. var sc_project=1794572; 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? We took a look at the latest Census data from the American Community Survey for 99 Tennessee cities with 5,000 residents. How many billionaires are there in Tennessee? What Is There To Do In Memphis For Families? - Residence: Memphis, Tennessee #8. During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. 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. 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. Your email address will not be published. Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. Frederick Smith Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. var sc_partition=16; 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. 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. Fred Smith. TN. Teacher. We bet you cant name them all! Founder of AutoZone, and largest stock holder of GTx Pharmaceutical Co. Malibu. A total of three billionaires live in Nashville with a combined net worth of $20.7 billion. Five Tennessee residents made the list . company. Where do millionaires live in Tennessee? Haslam was born in Knoxville in 1954 and attended the University of Tennesee. 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 . James Last year, Forbes' list had 1,426 billionaires. Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. Does Nashville have, Named for Francis Nash, a general of the Continental Army during the American Revolutionary War, the city was founded in 1779. How many multi millionaires live in Tennessee? 5. #9. Forrest Preston Bill Haslam. Average income of residents is $90,000, and the average house price is about $350,000. We aim to deliver bite-sized pieces of infotainment about where you live. How Do You Experience Music In Nashville? The company was built by his father and grandfather. Billionaires are ranked by net worth as of July 31. In Tennessee like in other areas they exist. Net worth around $800 Million. List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. 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. How many millionaires live in Nashville TN? 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. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. worth about $3.4 Billion. This is the City in Tennessee With the Most Billionaires. Two Tennessee cities made the list Memphis (47) and Nashville (26). - Source of wealth: tobacco, Self Made, #5. for 2021. Hotel Management Co. Net worth around $1.2 Million. #11. Net worth around $2.3 Billion. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Grundy CountyGrundy County has been ranked as the poorest county in Tennessee. "The economy is doing well, but all Americans aren't doing well.". Does Jason Aldean Play At His Bar In Nashville? 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. Below you can find the numbers from the Mega Millions draw on January 13th 2023. Thomas J. Frist ranks as the wealthiest. HomeSnacks is reader-supported. Chris Kolmar has been in the real estate business for almost ten years now. Owner of Southeastern Asset Management Group, a money management firm. 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 millionaires are in Memphis Tennessee? 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. 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. Of. The median home value in the state is just above $170.000. - Founder of FedEx Corp based in Memphis, 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. What Is There To Do In Nashville On Christmas 2021? Fred Smith is worth at least $6 billion. The overall style is Americana with a bit of a Hipster vibe. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there. 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