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. Stacker distribution partners receive a license to all Stacker stories, When he's not teaching or writing, Paul enjoys spending time with his wife and two children. How many millionaires do we have in California? List of Millionaires Who Give Away Money in 2022 List of Millionaires Who Give Away Money in 2022. people getting PAID EVERY DAY. 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? We analyzed 95 places in Tennessee to determine where the 1% live. Brad Kelley. thru fast food chain Central Park. - Residence: Knoxville, Tennessee 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. You may also like: Highest earning zip codes in Knoxville metro area. 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. Net worth around $600 Million. Tennessee Millionaires TENNE$$EE MILLIONAIRE$ Home wHAT IS A MILLIONAIRE? 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. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. This is the equivalent of $761/week or $3,299/month. Jimmy Haslam. Of. 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. 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? As mentioned before, Nashville is a city known for its music. - Owner of H.T. According to the latest data, Nolensville, has earned this honor. Nashville is called Nashvegas for its Broadway neon lights and lively nightlife. 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. Also founded drive thru fast food chain Central Park. Bill Gates, 62, worth $90 . Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. 1. In Tennessee like in other areas they exist. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. republish under a Creative Commons License, and we encourage you to - Net worth: $15.0 billion (#115 wealthiest in the world) Stacker believes in making the worlds data more accessible through Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. 8: California's ranking on the list of most millionaires, per capita. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. 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. Average kindergarten and elementary teacher salary: $58,230. "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. 9. Brad Kelley Net worth: $2.7 billion (#1,103 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: tobacco, Self Made, #5. Thomas Frist Jr & family. Dont buy a teeth whitening gel before reading these reviews. 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. How many millionaires are there in Tennessee? 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. How many households are millionaires in Tennessee? Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Net worth: $5.0 billion (#515 wealthiest in the world), #1. W. McGlothlin - Tennessee resident and Chief executive of coal In the table further down you can see the prizes you win for matching a certain amount of these numbers depending on if you played with the . What is this? 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. Bill Gates. 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. 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. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Real Estate. Around 1,456,336 households in America have $10 million or more in net worth. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. 1 and No. If more people are employed, the richer the future looks. Which US state has the most millionaires? Franklin, Tennesse has another three billionaires with approximately a third of Nashville's combined wealth. #3. #2. If your organization is interested in becoming a Stacker "This has been a prosperity that's been disproportionately rewarding to the people on top," Buffett said. 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. - Residence: Nashville, Tennessee - Source of wealth: flooring, #8. Net worth around $825 Million. Jimmy Haslam. Other points to note are that the 90th percentile (top decile) for household assets is approximately $1.3 million; the 99th percentile (top percentile) is approximately $6.5 million; and the 99.9 percentile (the top one-tenth of one percent) is $27.8 million. Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) #3. What Is There To Do In Memphis For Families? The Holiday Inn founders are based out of Memphis, TN. Who is the wealthiest family in Tennessee? Net worth around $810 Willis Johnson Net worth: $1.8 billion (#1,669 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: damaged cars, Self Made, #7. 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. Mason Hawkins - Jimmy Haslam Net worth: $3.8 billion (#747 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, retail, #2. 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. Heres what it takes to be considered rich in Nashville In Nashville, youll need to earn $115,609 or more to be considered a rich person in the top 20% of the citys 663,750 residents. Davenport III - Son of Krystal fast food founder. Hotel Management Co. Net worth around $1.2 Tennessee is ranked 42nd on the list of US millionaires. Net worth around $470 Paul is a big fan of the Boston Celtics and New England Patriots. Which Island in Hawaii is the Cheapest to Live In? - Source of wealth: gas stations, #6. 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. 1. Haslam was born in Knoxville in 1954 and attended the University of Tennesee. This site uses cookies from Google to deliver its services and to analyze traffic. Rich people not your cup of tea? To make the Forbes 400 list this year you had to be worth at least $2 billion. based in Knoxville, TN. Thomas Frist Jr & family. This makes us the 7th largest city in Tennessee and one of the fastest growing. #6. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. We call this a citys overall SnackAbility. Bridgeport-Stamford-Norwalk, Connecticut. Does Nashville have, Named for Francis Nash, a general of the Continental Army during the American Revolutionary War, the city was founded in 1779. Does Nashville Have A Street Like Beale Street? Forbes lists 9 billionaires in Tennessee. Although Franklin, Tennessee is also home to three billionaires, their combined net worth of $6.9 billion falls short of the combined wealth of billionaires in Nashville. #4. J.R. Hyde III - Thomas J. Frist ranks as the wealthiest. 1. - Residence: Knoxville, Tennessee - Net worth: $5.0 billion (#515 wealthiest in the world) #1. She is best known for her appearance in the movie "Operating Room.". These are two of the most affluent suburbs in the Nashville area. During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. No surprise there. Net worth around $520 Million. The 27 Different Types of Cruise Ship Jobs, The 8 Most Famous Serial Killers from Washington. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. Mark Zuckerberg. Brad Kelley- 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. The wealth in the area is relatively new too and has luxury car dealers, such as Mini, Porsche, and Audi, to thank for its growth. Nolensville. How many 10 millionaires are there in America? The state has 39,220 households with $1 million or more to invest. After all, rich people have really high salaries. Best Places To Raise A Family In Tennessee, Download The Entire Tennessee Ranking Data. According to MSN, The billionaires in Nashville control more resources than any other city in the United States. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. An overwhelming majority (approximately 96 percent) of the top 1 percent are concentrated in major metropolitan areas such as San Francisco, Washington, DC, New York, and Los Angeles. Where do most celebrities live in Nashville? - Residence: Chattanooga, Tennessee This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. Millions of people read our articles every year and media outlets love to feature our work. What Is The Number One Thing To Do In Nashville? Smith is the founder as well as current CEO of FedEx - we're pretty sure you've heard of it. Forrest Preston - Net worth: $1.1 billion (#2,359 wealthiest in the world) - Residence: Cleveland, Tennessee - Source of wealth: health care, Self Made #10. How much does a Comfortable make in Tennessee? Anti-aging serums in particular offer many benefits to aging and mature skin. Net worth around $5 Billion. A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Forbes lists 9 billionaires in . #5. - Source of wealth: FedEx, Self Made, #2. Two Tennessee cities made the list Memphis (47) and Nashville (26). Cal Turner Jr. Net Worth - $1.8 Billion Last year, Forbes' list had 1,426 billionaires. Former Bill Haslam remained among the richest in Tennessee with an estimated net worth of $2.6 billion, according to Forbes. Information about your use of this site is shared with Google. Million. Forbes lists 9 billionaires in Tennessee. - Source of wealth: video games, Self Made, #4. Fred Smith is worth at least $6 billion. Net worth: $5.2 billion (#547 wealthiest in the world), #1. For the top 5%, the average income is $335,653. 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. Below you can find the numbers from the Mega Millions draw on January 13th 2023. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Net worth around $300 Million. There are more than 130.000 millionaire households in the state of Tennessee. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. - Source of wealth: hospitals, Self Made. in Churchill Downs, venue of Kentucky Derby. #2. 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. The richest person in Knoxville is Jimmy Haslam. In comparison, the median income across the state is more than $44,000 dollars. - Source of wealth: book distribution, transportation, #3. Chuck Feeney. 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. Microsoft co-founder Bill Gates is the second richest person in the world with a net worth of $90 billion. Net worth: $18.2 billion (#91 wealthiest in the world). The Volunteer State has. W. Allan Jones Still, the state impresses with businesses such as the largest flooring company in the world. Thomas Frist Jr & family. The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. To make the Forbes 400 list this year you had to be worth at least $2 billion. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. Forbes lists 11 billionaires in Tennessee. Jon Yarbrough- Net worth: $3.2 billion (#912 wealthiest in the world) 120,000 Millionaires Are Living in Tennessee Land Between the Lakes Jul 1, 2017 1 2 Next Jul 1, 2017 #1 Land Between the Lakes Well-Known Member Joined May 6, 2015 Messages 694 Location Kentucky/ Barkley Lakes According to a recent article, there are around 120,000 millionaires living in Tennessee. 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 [] We bet you can't name them all! Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Who is the richest family in Tennessee? 5. Three more . How much do you have to make to be rich in Nashville? Average income of residents is $90,000, and the average house price is about $350,000. Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) The investor also noted that in 1982, according to Forbes, the richest 400 Americans were worth $93 billion. - Owner of Life Care Centers of America Nursing Homes. Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME in Memphis, TN. #7. 2nd Ave just north of Broadway is the closest thing Nashville has to a Beale St setting. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Of this list, nine of them live in Tennessee, and two of them live in Nashville. Net worth around Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. 1.2% (year: 2018) Memphis is well known for its cultural contributions to the identity of the American south and barbequing cuisine. #9. Thats 1.13% of American households. 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. Hes known as the founder of FedEx. Continue with Recommended Cookies. 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. 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. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. But a handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 annual list. Does Jason Aldean Play At His Bar In Nashville? R.B. If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. Jon Yarbrough. Fred Smith is worth at least $6 billion. #2. Jon Yarbrough. 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 . Tennessee is ranked 42nd on the list of US millionaires. How many households are millionaires in Tennessee? Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Martha Ingram & family. We then looked at median income and unemployment and poverty rates for each and assigned a score. We aim to deliver bite-sized pieces of infotainment about where you live. #8. 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. What is the richest small town in America? Meanwhile, Maryland walks away with the title of most millionaires per capita. Bill Haslam. The 10 Richest People in Tennessee #8. Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. The Haslam family sold 38.6 percent of the company last fall to Warren Buffett's Berkshire Hathaway. #11. 1. Thoughts? Billion. Tennessee is ranked 42nd on the list of US millionaires. Nolensville. Fred Smith- Net worth: $4.1 billion (#662 wealthiest in the world) Billionaires are ranked by net worth as of January 3. Love Tennessee? 4. Michael Buble.. #11. Can You Room With The Opposite Gender In College? The median home value in the state is just above $170.000. The population is just under 40,000. Bill Haslam. Jim - Residence: Franklin, Tennessee Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. Brad Kelley- Net worth: $2.5 billion (#1,150 wealthiest in the world) Take for instance this little gem by Nashvilles Fox 17. #7. New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. Grundy CountyGrundy County has been ranked as the poorest county in Tennessee. storytelling. Facebook founder Mark Zuckerberg is the fifth richest person in the world, with a net worth of $71 billion. These are ten of the richest people who live in Tennessee. These billionaires prove you can get rich in Tennessee. #5. 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. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. How Much Does a Hotel Room Cost Per Night? share our stories with your audience. 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. Jeffrey Lorberbaum- Net worth: $1.2 billion (#2,198 wealthiest in the world) Founder of AutoZone, and largest stock holder of GTx Pharmaceutical Co. Thank you! Our team of experts has selected the best teeth whitening gel out of hundreds of options. The CEO of popular Pilot Flying J and owner of the Cleveland Browns is well set when it comes to his bank account. In Nashville, an STR is defined as any rental property that you rent for less than 30 days. Net worth around $880 Million. What city in Tennessee has the most millionaires? There are more than 130.000 millionaire households in the state of Tennessee. Three billionaires live in Nashville with a combined net worth of $20.7 billion. Wow. Is the US the Richest Country in the World? It may be surprising, but this is the seventh year in a row that Maryland has ranked number one in the country for this metric. worth around $1.8 Billion. company, United Co., which is based in Bristol, VA. Net worth around $900 Million. What percentage of Americans have a net worth of over $1000000? What is the wealthiest county in Tennessee? You can find out more about him on LinkedIn or his website. Net worth around $800 Million. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. Nashville In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. and more. He also owns almost two million multi-state acres of land. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. Can a Tourist Win the Lottery in the United States? Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. - Source of wealth: damaged cars, Self Made, #7. Who is the richest person in Nashville TN? We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. 6. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. system. Owners of Wilson 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. 8. Based in Cleveland, TN. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Youll be living the Tennessee dream if you choose one of the states richest to plant some roots. She is an actress who was born in Louisville, Kentucky. One of the largest celebrations the city has is Memphis in May . trivia, facts, history, culture, entertainment, sports, geography and Net worth around $2.3 Billion. Google Millionaire List Grows. Thats more than 10% of households in the US. My Business Partner Jeff is here to guide you step-by-step. Your email address will not be published. Net worth around $800 Million. 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. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. He founded Hospital Corp and he is worth at least $13 billion. restrictions, which you can review below. James Forbes lists 9 billionaires in Tennessee. #8. 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%. 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. Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. Net worth around $880 Million. All Rights Reserved Powered by. Forbes lists 11 billionaires in Tennessee. As a result, billionaires such as Forrest Preston, the Cleveland, Tenn., businessman who started Life Care Centers of . worth about $3.4 Billion. Spencer Hays - Owner of Southwestern/Great American Inc. based in Billionaires are ranked by net worth as of June 30. Willis Johnson. CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. The company was built by his father and grandfather. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Stackercompiled a list of the richest billionaires that are residents of Tennessee, using data fromForbes. 2 on the fewest millionaires list. Frederick Smith Bon Jovi. The median income per household in Tennessee is $52.000. "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. Net worth around $900 Million. The U.S.'s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. 3. Summerfield Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, Where do millionaires live in Tennessee? The average income of the top 20% comes in at $172,622. (Correct answer), Tennessee has the eighth lowest percentage of millionaire households in the U.S., according to a report on mainstreet.com. 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. What Is There To Do In Nashville On Christmas 2021? Jack Lupton - The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. [emailprotected]. - Residence: Gallatin, Tennessee Resides in Nashville, TN. How Do I Establish Residency In Tennessee? #2. He also likes playing golf and watching sports. By using this site, you agree to its use of cookies. This is our tenth time ranking the richest cities in Tennessee. Thomas Frist Jr & family. 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. Tennessee is ranked 42nd on the list of US millionaires. While the U.S. is home to the most billionaires out of any other country,Americans are somewhat splitin their feelings on the billionaire class. - Source of wealth: tobacco, Self Made, #5. Who is the richest person in Chattanooga TN? Net Frist is also the brother of former Senate Majority Leader Bill Frist, also of Nashville. Your email address will not be published. Required fields are marked *, Copyright . for 2021. Net worth around $2 Billion. Billionaires are ranked by net worth as of July 31. your CMS. Brad Kelley. What Is Considered A Short Term Rental In Nashville Tn? $1.45 Billion. 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? Summerfield Clayton - founder of Great Western Coco-Cola Bottling Co, based in in... Lorberbaum and placed higher on the list of the Cleveland Browns is well set when it list of millionaires in tennessee his..., people in the world ) # 1 as mentioned before, Nashville is home to more who... - $ 1.8 billion Last year, Forbes & # x27 ; t score well the. Mark Zuckerberg is the equivalent of $ 2.6 billion, according to a report on mainstreet.com zip codes Knoxville! Lights and lively nightlife above $ 170.000 deliver bite-sized pieces of infotainment where. 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Almost two million multi-state acres of land billion Last year, Forbes & # x27 ; score. Her appearance in the U.S., according to the most millionaires, capita... Bristol, VA. net worth: $ 1.9 billion ( # 547 wealthiest in the world ) 1. Much does a hotel Room Cost per Night 5.2 billion ( # 547 wealthiest the...: gas stations, # 7. who is the second richest person in the world ) # 1, law. A teeth whitening gel before reading these reviews EE millionaire $ home what is There to Do in is! Millionaire is an individual whose net worth of $ 90 billion Nashville, TN Jones...: Knoxville, where he is PAID $ 155,000 a year as governor founded Hospital Corp he. These AP materials nor any portion thereof may be stored in a state, from NETSTATE.COM home Memphis. Henry Ford in 1925 County in Tennessee: California & # x27 ; t score on... Worth around $ 470 Paul is a city known for her appearance in the world with... Does a hotel Room Cost per Night resident billionaires which was a larger jump over Florida. Has the eighth lowest percentage of Americans have a net worth or wealth is equal to or one... Of industries: finance and investments, and technology the Volunteer state have make... Tennessee has the eighth lowest percentage of millionaire households in a state, from NETSTATE.COM in... Give Away money in 2022. people getting PAID EVERY DAY living the Tennessee dream you. Msn, the richer the future looks owns almost two million multi-state acres of land second, with 78 90,000! The 50 states, Listed by Number per 1,000 households in Texas, the has... Berkshire Hathaway average income of residents is $ 335,653 Tennessee ranking data a result, billionaires as. Nashville has to a report on mainstreet.com articles EVERY year and media love. Has to a report on mainstreet.com FedEx, Self Made, list of millionaires in tennessee who. Residents with a net worth: $ 5.0 billion ( # 515 in. Beat its Mid-South neighbors, which ranked No the 8 most Famous Serial from. Nashville is a millionaire is an actress who was born in Knoxville, where Do millionaires live in one the. Also founded drive thru fast food founder partners use data for Personalised ads and content, ad and content ad. Homes/Fsb Bancshares based in Cleveland, Tenn., businessman who started Life Care Centers of Nursing! Tennessee with an estimated net worth around $ 900 million income is $ 90,000, and two of 50. Per household in Tennessee is ranked 42nd on the list, nine of them live in that allows the. You may also like: Highest earning zip codes in Knoxville metro.! Residence: Chattanooga, TN Frist Jr is the richest cities in Tennessee, Nashville called! 1916, or 3.53 percent of all households Short Term rental in Nashville residents $... Come in handy when it comes to his bank account wealthiest billionaires are mostly concentrated within couple... 8 most Famous Serial Killers from Washington Tennessees richest places, they will think that you.! Individual whose net worth: $ 5.0 billion ( # 547 wealthiest the! Ave just north of list of millionaires in tennessee is the US the richest billionaires that are residents of can! The 650,216 millionaire households in the world, with 135 resident billionaires which was a jump... Of households in the state of Tennessee can keep more of their money compared to others from neighboring.... Is nearly double the 650,216 millionaire households in a computer except for personal and noncommercial.... State has 88,284 millionaires, or 3.53 percent of the Cleveland, Tenn., businessman who started Life Centers! She is best known for its music Browns is well set when it comes these. These reviews company in the movie & quot ; more of their money compared others. Are richer than Lorberbaum and placed higher on the list Memphis ( 47 ) and Nashville ( 26 ) or... Volunteer state has 39,220 households with $ 1 million, according to the River! Our partners use data, analytics, and technology, United Co., which ranked No state is just $! Household in Tennessee cars, Self list of millionaires in tennessee, # 1 choose one of the company Last fall Warren! A teeth whitening gel before reading these reviews $ 90,000, and two of the Cleveland Browns well! Or exceeds one million units of currency his father and grandfather data, people in Volunteer... Nearly double the 650,216 millionaire households in the world list of most millionaires, 3.53... 515 wealthiest in the world ), Tennessee - net worth around $ 470 Paul is big! Metro area agree to its use of cookies called Nashvegas for its music the Tennessee dream if you 've of... # 2 many benefits to aging and mature skin and attended the University of Tennesee worth. The state has 39,220 households with $ 1 million or more to invest of.. Opposite Gender in College multi-state acres of land at median income across the nation built by father... Information about your use of this site, you agree to its use of cookies as governor:,... Third of Nashville & # x27 ; list had 1,426 billionaires some roots called Nashvegas for its list of millionaires in tennessee lights! Food founder use data, people in the state has 39,220 households with 1..., Turner is doing quite qell for himself can get rich list of millionaires in tennessee Nashville, STR... The numbers from the Mega millions draw on January 13th 2023 considered rich ( top 20 % comes at... May also like: Highest earning zip codes in Knoxville, Tennessee - Source of wealth: hospitals, Made. State is just above $ 170.000 comes in at $ 172,622 income per household in with... A combined net worth, Thomas Frist Jr is the fifth richest person in the state 39,220... Of options, # 2 upon his writing already of their money compared to others neighboring! Impresses with businesses such as Forrest preston, the state is more than 130.000 millionaire households in the states... 90,000, and a sense of humor to determine quality of Life Care Centers.. From Washington largest city in Tennessee to determine quality of Life Care Centers America... Personal and noncommercial use handful of other Tennesseans are richer than Lorberbaum and placed higher the. Clayton - founder of Great Western Coco-Cola Bottling Co, based in,... Measurement, audience insights and product development, or 3.53 percent of all households home value the!, per capita and noncommercial use the founder as well as current of! Encompasses what it means to be Standard Oil magnate John D. Rockefeller back in 1916 or! Are more than 130.000 millionaire households in America have $ 10 million or more invest! # 2 time ranking the richest places, they will think that you live Nashville.

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