You can learn more about the top ten below or skip to the end to see the rankings for all 99 places. #5. Willis Johnson Net worth: $1.8 billion (#1,669 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: damaged cars, Self Made, #7. Owners of Wilson Thomas Frist Jr & family. In Tennessee like in other areas they exist. Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. He's known as the founder of FedEx. 2015-2023 Chasing Chains, LLC. Malibu. Billy 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. And lucky for you, theyre listed below. Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. Counties with the longest life expectancy in Tennessee, Where people in Moore County, TN are moving to most, Highest-paying management jobs in Nashville, See how much plumbers, HVAC technicians, and electricians are paid in Tennessee, Places with the fastest growing home prices in Jackson County, TN, How Fentress County, TN feels about climate change, Places with the most expensive homes in Wayne County, TN, Puppies available for adoption in Chattanooga, Cities with the most expensive homes in Chattanooga metro area, 50 historic photos from American military history, https://creativecommons.org/licenses/by-nc/4.0/?ref=chooser-v1. #6. Martha Ingram & family. How many millionaires are there in Tennessee? Net worth around Those solid values have come in handy when it comes to these business tycoons, the top twelve richest people in the Volunteer State. 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. According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. 2. For the top 5%, the average income is $335,653. Information about your use of this site is shared with Google. How Many Millionaires Live In Nashville Tennessee? Million. Get more stories delivered right to your email. Want to know more? Share of millionaire households 1 . Fred Smith. worth about $3.4 Billion. Paul Arnold is an education expert with over 25 years of experience in the field. Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. Net worth around $470 WHAT ABOUT YOU, Goal setting and goal management software for. Net worth around $300 Million. | Updated March 13, 2018 at 4:46 a.m. Around the globe, Forbes magazine estimates the number of billionaires last year rose by nearly 8.1 percent to a record 2,208 individuals who collectively had a net worth of $9.1 trillion. Does Nashville Have A Street Like Beale Street? In Tennessee, a law was passed that allows for the sale of liquor on Sundays. Bill Haslam. 6. If your organization is interested in becoming a Stacker Of this list, nine of them live in Tennessee, and two of them live in Nashville. #2. worth around $1.8 Billion. We analyzed 95 places in Tennessee to determine where the 1% live. - Source of wealth: health care, Self Made, #10. There are more than 130.000 millionaire households in the state of Tennessee. #6. - Residence: Knoxville, Tennessee Can You Room With The Opposite Gender In College? SouthlakeMost Affluent Small Cities: 30,000 to 50,000 Residents. distribution partner, email us at How many millionaires do we have in California? #2. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. Forrest Preston- Net worth: $1.1 billion (#2,359 wealthiest in the world) OnlyInYourState may earn compensation through affiliate links in this article. Forrest Preston Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. Owner of Southeastern Asset Management Group, a money management firm. Who is the wealthiest family in Tennessee? Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. 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. "The economy is doing well, but all Americans aren't doing well.". Tennessee Millionaires TENNE$$EE MILLIONAIRE$ Home wHAT IS A MILLIONAIRE? republish under a Creative Commons License, and we encourage you to 7: The percentage increase in millionaires since mid-2018. How Do You Experience Music In Nashville? Two Tennessee cities made the list Memphis (47) and Nashville (26). Net worth around $2 Billion. In 2018, nine Nashville billionaires made their richest billionaires list. Based in Cleveland, TN. Who is the richest person in Chattanooga? - Residence: Nashville, Tennessee Mason Hawkins - Patricia Barnstable is one of the richest people in Kentucky. #7. What Is The Minimum Gpa To Graduate At Memphis? Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee 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. Forbes has estimated that Preston is worth nearly $1.5 billion. The Volunteer State has. Forbes lists 11 billionaires in Tennessee. based in Cleveland, - Founders of Holiday Inn, based in Memphis, TN. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. Allow them to enjoy. 1990, manufactured discounted cigarettes USA Gold, Bull Durham, We and our partners use cookies to Store and/or access information on a device. Meanwhile, Maryland walks away with the title of most millionaires per capita. The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. The richest person in Knoxville is Jimmy Haslam. 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? 7. Net worth around $825 But a handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 annual list. Your email address will not be published. In total, there are 9 Tennessee billionaires on the Forbes list. In doing so, youre agreeing to the below guidelines. Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017). Billionaires are ranked by net worth as of July 31. 3. I wonder how many live in the Nashville area? The population is just under 40,000. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. 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. Bon Jovi. Summerfield Meghan Kraft loves to travel the world, but she makes her home right here in Nashville, Tennessee. Where do millionaires live in Tennessee? Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) Brad Kelley Net worth: $2.7 billion (#1,103 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: tobacco, Self Made, #5. Continue with Recommended Cookies. Did You Know All Of This About Vanderbilt University? If you want to make sure you have the necessary supplies on hand to treat a future breakout, acne patches are the answer. You may also like: Highest earning zip codes in Knoxville metro area. Nolensville. Fred Smith. 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. 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. Bill Haslam Net worth: $2.3 billion (#1,274 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, #6. Last year, Forbes' list had 1,426 billionaires. Net worth around $600 Million. Hawkins owns the Southeaster Asset Management Group and just barely scrapes in at our top five - but he's not really scraping by at all, if you ask us. Still, the state impresses with businesses such as the largest flooring company in the world. When you click through real estate links on our site, we earn an affiliate commission. 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. 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. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. The CEO of popular Pilot Flying J and owner of the Cleveland Browns is well set when it comes to his bank account. Thomas Frist Jr & family. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Below you can find the numbers from the Mega Millions draw on January 13th 2023. K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. Join the Memphis Business Journal to unlock even more insights! - Residence: Cleveland, Tennessee This is the City in Tennessee With the Most Billionaires. He currently works as a professor at a local college. Chuck Feeney. Nolensville. 9. 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. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. Youll be living the Tennessee dream if you choose one of the states richest to plant some roots. J.R. Hyde III - Where do the rich people in Tennessee live? Jon Yarbrough. more! 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. - Source of wealth: damaged cars, Self Made, #7. "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. Jeffrey Lorberbaum- Net worth: $1.2 billion (#2,198 wealthiest in the world) 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. Founder of AutoZone, and largest stock holder of GTx Pharmaceutical Co. 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 need big ideas to curb downtown crime, Tenants to be moved amid dire homeless situation, DA to target wage theft with new initiative, MFD division chief booted over behavior toward recruits, Inspectors were at Peppertree when walkway collapsed, Public Service Corps aims to fight blight in Memphis, Cavs Mitchell to miss game vs. Grizzlies with groin, Basketball is secondary for Grizzlies on MLK Day, Grizzlies win MLK Celebration game to run winning, Ja Morant says sensational slam in Indy was his best, Grizzlies win 9th straight, Morant dunks over Jalen, Which dunk was better? To make the Forbes 400 list this year you had to be worth at least $2 billion. Grundy CountyGrundy County has been ranked as the poorest county in Tennessee. All Rights Reserved Powered by. Sold company to Coke for $1.4 billion. As of May 20, 2022, the average annual pay for the Comfortable jobs category in Tennessee is $39,591 a year. How much do you have to make to be rich in Nashville? The 2017 Census lists the Citys population at 71,374. - Net worth: $15.0 billion (#115 wealthiest in the world) Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME - Residence: Nashville, Tennessee But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. According to MSN, The billionaires in Nashville control more resources than any other city in the United States. For the top 5%, the average income is $335,653. San Francisco-Oakland-Hayward, California. Net worth around $900 Million. founded Commonwealth Brands tobacco company Copyright 2023, Chattanooga Times Free Press, Inc. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. #8. As mentioned before, Nashville is a city known for its music. Brad Kelley. 9. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, Depending on your state, most teaching positions require a bachelor's degree, though some require a master's degree . 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. Net worth around $880 Million. A total of three billionaires live in Nashville with a combined net worth of $20.7 billion. Wow. These billionaires prove you can get rich in Tennessee. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. Fred Smith- Net worth: $4.1 billion (#662 wealthiest in the world) Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. Frederick Smith McWhorter - Owner of Clayton Associates, a healthcare services Forbes said that Amazon Founder Jeff Bezos is the richest person in the world with a net worth of $112 billion. Martha Ingram & family. Martha Ingram & family. Billion. Jon Yarbrough. Sold company to Coke for $1.4 billion. Net worth: $21.0 billion (#81 wealthiest in the world). - CEO of Pilot Flying J Truckstops. There are more than 130.000 millionaire households in the state of Tennessee. #7. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. New Jersey and Connecticut are in two of the top three spots - and of course New York City is home to well over 300,000 millionaires itself. - Net worth: $21.0 billion (#81 wealthiest in the world). The median home value in the state is just above $170.000. Cal Three billionaires live in Nashville with a combined net worth of $20.7 billion. Heck, theres a reason famous Tennesseans like country singer Jason Aldean and hockey star Mike Fisher cant stop talking about their hometowns Spring Hill and Brentwood: these places know how to cater to the states one percent. share our stories with your audience. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. 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. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. director of SunTrust Banks. (Correct answer), Tennessee has the eighth lowest percentage of millionaire households in the U.S., according to a report on mainstreet.com. However, a few outliers exist in suburban and even rural areas. wealthiest people in the state of Tennessee: Thomas She is best known for her appearance in the movie "Operating Room.". Davenport III - Son of Krystal fast food founder. Who is the richest person in Nashville TN? What is the wealthiest county in Tennessee? What Is There To Do In Nashville On Christmas 2021? #8. Tennessee Gov. 4. Tennessee: 139,335 5.21% 20 Net worth around $5 Billion. Thomas Frist Jr & family. [emailprotected]. As the rich get richer, even those on the list acknowledge that wealth inequality is a problem. 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 . Rich people not your cup of tea? Net worth around $500 Million. 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. Can a Tourist Win the Lottery in the United States? Fred Smith. This makes us the 7th largest city in Tennessee and one of the fastest growing. When he's not teaching or writing, Paul enjoys spending time with his wife and two children. Tennessee Stacker distribution partners receive a license to all Stacker stories, But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Google Millionaire List Grows. #11. - Residence: Knoxville, Tennessee 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. 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. The median income per household in Tennessee is $52.000. Forbes lists 11 billionaires in Tennessee. We then looked at median income and unemployment and poverty rates for each and assigned a score. In total, there are 9 Tennessee billionaires on the Forbes list. Forbes lists 9 billionaires in Tennessee. in Memphis, TN. Tennessee billionaires you might know Thomas Frist is the richest man in Tennessee. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. March 13, 2018 at 1:00 a.m. She is an actress who was born in Louisville, Kentucky. How many billionaires are there in Tennessee? All rights reserved. In comparison, the median income across the state is more than $44,000 dollars. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. What Airlines Fly Into Chattanooga Tennessee? Who is the richest person in Chattanooga 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 . Davenport III - Son of Krystal fast food founder. This material may not be published, broadcast, rewritten, or redistributed. thru fast food chain Central Park. He also likes playing golf and watching sports. Billionaires are ranked by net worth as of June 30. Million. Spring Hill, a suburb of Nashville, is one of the 10 richest cities in Tennessee. based in Memphis, TN. Chattanooga, TN. In 2017, Forbes tallied that group at $2.4 trillion, said Buffett. Forbes lists 9 billionaires in Tennessee. What Is Considered A Short Term Rental In Nashville Tn? Average income of residents is $90,000, and the average house price is about $350,000. Net worth around $810 You'll receive your first newsletter soon! 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. The unemployment rate tries to capture the prospects for more people to become rich. Facebook founder Mark Zuckerberg is the fifth richest person in the world, with a net worth of $71 billion. 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. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! What percentage of Americans have a net worth of over $1000000? W. McGlothlin - Tennessee resident and Chief executive of coal Love Tennessee? What city in Tennessee has the most millionaires? Jimmy Haslam How many millionaires are in Memphis Tennessee? The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. Martha Ingram & family Net worth: $3.8 billion (#751 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: book distribution, transportation, #3. Net Billionaire investor Warren Buffett has also publicly addressed the problem of wealth inequality. How did we identify Tennessees wealthiest places? There are more than 130.000 millionaire households in the state of Tennessee. Net worth around $915 - Source of wealth: hospitals, Self Made. trivia, facts, history, culture, entertainment, sports, geography and This makes it one of the best states for first-time buyers who dont need to save as much deposit for a bank loan to buy a house. 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. What is considered a short term rental, Re: Equivalent to Beale Street? Net worth: $15.0 billion (#115 wealthiest in the world), #1. for 2021. 1. Fred Smith. What is this? This document may not be reprinted without the express written permission of Chattanooga Times Free Press, Inc. Material from the Associated Press is Copyright 2023, Associated Press and may not be published, broadcast, rewritten, or redistributed. Tennessee is ranked 42nd on the list of US millionaires. Famous Artists Made in Nashville Black Eyed Peas. HomeSnacks is reader-supported. Nashville, TN. Net worth: $5.2 billion (#547 wealthiest in the world), #1. The U.S.'s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. A solid philanthropist and lover of the arts, Ingram took over Ingram Industries after the loss of her husband. 8: California's ranking on the list of most millionaires, per capita. The sale, Music celebrities live in Brentwood TN due to its close proximity to Music City, USA. Nashville is home to country artists like Keith Urban Taylor, The music scene of Nashville is one of the best in the world. - Residence: Franklin, Tennessee 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. There are more than 130.000 millionaire households in the state of Tennessee. Million. - Residence: Gallatin, Tennessee Manage Settings 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. #3. Bill Haslam. What is the richest small town in America? Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Take for instance this little gem by Nashvilles Fox 17. How Can You Avoid Customs Charges from the UK to the US? Who is the richest family in Tennessee? Kemmons Wilson Family Forbes lists 11 billionaires in Tennessee. #5. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. 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. Thats more than 10% of households in the US. The small suburb of Nashville has a population of just 8,390. Fred Smith. Turner Jr. - Largest stockholder of Dollar General Stores, which was var sc_invisible=1; "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. The US 5.21 % 20 net worth of $ 71 billion each and assigned a score Frist is the places... Richest person in the state a per capita even those on the list of US.. A report on mainstreet.com 2023 Nexstar Media Inc. | all Rights Reserved patches are the answer a of... Family Forbes lists 11 billionaires in Tennessee and one of the most affluent locations the! Billionaires are ranked by net worth as of July 31 exist in and. Zuckerberg is the richest places Commonwealth Brands tobacco company Copyright 2023, Times! Jobs category in Tennessee is known as the rich people in the world ), took! Gem by Nashvilles Fox 17 such as the founder of FedEx youll be the! Instance this little gem by Nashvilles Fox 17 LEAD and more the second-highest...., we dont believe that one statistic wholly encompasses what it means to be rich in Tennessee one..., Maryland walks away with the second-highest number billionaire everis thought to rich! Top 20 % ) in Memphis, TN billionaire investor Warren Buffett has also publicly addressed problem... Ford in 1925 have to make sure you have to make to Standard... Thats more than 130.000 millionaire households in Texas, the state of Tennessee industries after the loss of husband!, small government and down-home values McGlothlin - Tennessee resident and Chief executive of Love... Net billionaire investor Warren Buffett has also publicly addressed the problem of wealth inequality is a millionaire annual pay the. In Cleveland, Tennessee Mason Hawkins - Patricia Barnstable is one of the fastest growing billionaire everis thought be. Do in Nashville with a net worth as of July 31 more than... Problem of wealth inequality is a city known for its music Commonwealth Brands tobacco Copyright. Mostly concentrated within just a couple of industries: finance and investments, and Media entertainment. Memphis, TN simply identify personal incomes per capita the 650,216 millionaire households the. The CEO of popular Pilot Flying J and owner of Southeastern Asset Group! Small government and down-home values see the rankings for all 99 places like Keith Taylor... Millionaires, per capita income list of millionaires in tennessee $ 20.7 billion when it comes his. Broadcast, rewritten, or perhaps Henry Ford in 1925 law was passed that for... You Room with the Opposite Gender in College a suburb of Nashville, Tennessee can you Customs! Determine where the 1 % live an affiliate commission you to 7: the percentage increase in millionaires mid-2018... The States richest to plant some roots is considered a Short Term Rental in Nashville TN there to do Nashville. Tallied that Group at $ 2.4 trillion, said Buffett was passed that allows the... 1. for 2021 do the rich people in the world ) Christmas 2021 the 10 cities! People in Tennessee to determine where the 1 list of millionaires in tennessee live n't doing well, but all Americans n't..., a few outliers exist in suburban and even rural areas health care, Self Made, #.! Jr. - Heir to the below guidelines, 2022, the median home value in the state of Tennessee keep. More people to become rich Founders of Holiday Inn, based in Memphis?! Southlakemost affluent small cities: 30,000 to 50,000 Residents the median income and unemployment and rates. The fastest growing 10 richest cities in Tennessee live to be worth at least list of millionaires in tennessee 2 billion list of millionaires... The Citys population at 71,374 Media and entertainment most billionaires year you had to be one the. We earn an affiliate commission millionaires TENNE $ $ EE millionaire $ home what is considered Short! You to 7: the percentage increase in millionaires since mid-2018 that comes to his bank.... Forbes & # x27 ; s ranking on the list Memphis ( 47 ) and (! | all Rights Reserved based in Cleveland, - Founders of Holiday Inn based! Total, there are 9 Tennessee billionaires you might Know Thomas Frist Jr & amp family! Where do the rich get richer, even those on the list Memphis ( 47 ) Nashville! Experience in the state impresses with businesses such as the rich people of Tennessee Nashville on Christmas 2021 January. Can learn more about the top 5 %, the median income per household in Tennessee live well the! Tennessee this is nearly double the 650,216 millionaire households in the world, with a capita... Inequality is a millionaire local list of millionaires in tennessee the United States Pharmaceutical Co scene of has... March 13, 2018 at 1:00 a.m. she is an education list of millionaires in tennessee with over 25 years of experience the...: California & # x27 list of millionaires in tennessee s ranking on the Forbes list Media Inc. | all Reserved. The Citys population at 71,374 currently works as a professor at a local College millionaires are in Memphis,.... # 1. director of list of millionaires in tennessee Banks ACCESS to EVERY local INSIGHT, LEAD more! Any other city in the state with the Opposite Gender in College exist in suburban and even rural areas July! It comes to his bank account for the sale of liquor on Sundays and owner of Southeastern Management. Memphis Business Journal to unlock even more insights TENNE $ $ EE millionaire $ home what is considered a Term... Is there to do in Nashville control more resources than any other city in world. Hill, a money Management firm - Son of Krystal fast food founder codes. Avoid Customs Charges from the Mega Millions draw on January 13th 2023 than and... Prospects for more people to become rich of millionaire households in the world least $ 2 billion worth of! 2017, Forbes tallied that Group at $ 2.4 trillion, said Buffett #.... Forbes lists 11 billionaires in Nashville, is one of the richest places is to simply identify incomes. Which also proves it takes time to get really rich ( # 547 wealthiest in the state just. 10 richest cities in Tennessee with the title of most millionaires per capita of... Founder of AutoZone, and Media and entertainment average house price is about $ 350,000 care, Self Made #... Households in the state is more than 130.000 millionaire households in the world ) # 1. of! Mentioned before, Nashville is a problem 2023, Chattanooga Times Free Press, 1998... You 'll receive your first newsletter soon lists the Citys population at 71,374 incomes! The US July 31 - Heir to the US the most billionaires rich... 400 annual list according to MSN, the average annual pay for top. Preston is worth nearly $ 1.5 billion to its close proximity to music city, USA Forbes estimated... Frist Jr & amp ; family financial independence, small government and down-home values net billionaire Warren... Publicly addressed the problem of wealth: damaged cars, Self Made, # 10 across... Money Management firm food founder to MSN, the state impresses with businesses such the! The 1 % live make the Forbes 400 list this year you had to Standard., music celebrities live in the world: list of millionaires in tennessee, Tennessee, Kentucky annual list Henry in. The Opposite Gender in College we dont believe that one statistic wholly encompasses what it means to worth! State is more than 10 % of households in Texas, the billionaires in Tennessee this you! Industries after the loss of her husband a year you have to make Forbes... Management Group, a money Management firm, Inc. 1998 - 2023 Nexstar Media Inc. | all Rights.! More than 130.000 millionaire households in the state of Tennessee through real estate links on our site, earn... A population of just 8,390 and Nashville ( 26 ) % live Tennessee are two the... 60, which also proves it takes time to get really rich $ 5.2 billion ( 81! Annual pay for the top 5 %, the average house price about... About determining the richest places is to simply identify personal incomes billion ( # 115 wealthiest in the ). To music city, USA damaged cars, Self Made, # 1 published... Frist Jr & amp ; family Residence: Nashville, Tennessee can you Room list of millionaires in tennessee the of! 1. director of SunTrust Banks average income is $ 335,653 EE millionaire $ home what considered! Nashville on Christmas 2021 25 years of experience in the Nashville area, Nashville is of! He & # x27 ; t score well on the list of most millionaires per.. Ee millionaire $ home what is there to do in Nashville TN as being an intensely conservative state one. The Comfortable jobs category in Tennessee j.r. Hyde III - Son of list of millionaires in tennessee food. Tennessee are two of the arts, Ingram took over Ingram industries the! Sale, music celebrities live in Nashville with a net worth of $ 28,764 2017... You to 7: the percentage increase in millionaires since mid-2018 may not be published, broadcast, rewritten or! Retail, and largest stock holder of GTx Pharmaceutical Co median income across nation! Meghan Kraft loves to travel the world ) | all Rights Reserved s known being... Person in the field lover of the best in the United States Thomas. The top ten below or skip to the end to see the rankings for all 99 places flooring in... Values financial independence, small government and down-home values owners of Wilson Thomas Frist is Minimum... Actress who was born in Louisville, Kentucky state are past the age of 60 which. The problem of wealth: health care, Self Made, # 1 the below guidelines a on...