An example of data being processed may be a unique identifier stored in a cookie. Bill Haslam. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. Ted Turner. Willis Johnson- Net worth: $1.9 billion (#1,518 wealthiest in the world) Jim Facebook founder Mark Zuckerberg is the fifth richest person in the world, with a net worth of $71 billion. Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. Around 1,456,336 households in America have $10 million or more in net worth. And if you dont find what youre looking for there, head to the bottom. San Jose-Sunnyvale-Santa Clara, California. Tell us in the comments! Fred Smith- Net worth: $4.1 billion (#662 wealthiest in the world) 2 on the fewest millionaires list. Still, the state impresses with businesses such as the largest flooring company in the world. The company was built by his father and grandfather. Net worth around $500 Million. Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. Fred Smith is worth at least $6 billion. HomeSnacks is not just your average website. Meghan Kraft loves to travel the world, but she makes her home right here in Nashville, Tennessee. R.B. Hotel Management Co. Net worth around $1.2 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. If you want to make sure you have the necessary supplies on hand to treat a future breakout, acne patches are the answer. Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. How many multi millionaires live in Tennessee? Smith is the founder as well as current CEO of FedEx - we're pretty sure you've heard of it. Tennessee for 2021. 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. Paul Arnold is an education expert with over 25 years of experience in the field. Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) Nolensville. The population is just under 40,000. Want to know more? Forbes lists 11 billionaires in Tennessee. Tennessee Gov. Martha Ingram & family. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Thomas J. Frist ranks as the wealthiest. When he's not teaching or writing, Paul enjoys spending time with his wife and two children. 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. "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. Mark Zuckerberg. Billionaires are ranked by net worth as of June 30. #2. Thomas Frist Jr & family. Where do millionaires live in Tennessee? #6. In 2017, Forbes tallied that group at $2.4 trillion, said Buffett. created by his father and grandfather. #11. Thomas Frist is the richest man in Tennessee. 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. 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. Spring Hill, a suburb of Nashville, is one of the 10 richest cities in Tennessee. Meanwhile, Maryland walks away with the title of most millionaires per capita. Resides in Nashville, TN. Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. What Is The Number One Thing To Do In Nashville? Of this list, nine of them live in Tennessee, and two of them live in Nashville. There are more than 130.000 millionaire households in the state of Tennessee. Jack Lupton - Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. 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. And lucky for you, theyre listed below. var sc_project=1794572; In total, there are 9 Tennessee billionaires on the Forbes list. Three billionaires live in Nashville with a combined net worth of $20.7 billion. - Residence: Cleveland, Tennessee #6. By using this site, you agree to its use of cookies. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026. In doing so, youre agreeing to the below guidelines. The consent submitted will only be used for data processing originating from this website. What is considered a short term rental, Re: Equivalent to Beale Street? But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Net worth around $2.3 Billion. In Tennessee like in other areas they exist. Chris Kolmar has been in the real estate business for almost ten years now. The small suburb of Nashville has a population of just 8,390. 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. The 2017 Census lists the Citys population at 71,374. 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. As the absolute largest stockholder of Dollar General, Turner is doing quite qell for himself. Share of millionaire households 1 . Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. Net worth around $800 Million. How many millionaires live in Nashville TN? How many households are millionaires in Tennessee? You may also like: Highest earning zip codes in Knoxville metro area. Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. 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. 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. Cal document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. 1.2% (year: 2018) Memphis is well known for its cultural contributions to the identity of the American south and barbequing cuisine. Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. These are ten of the richest people who live in Tennessee. 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. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. Net worth around $880 Million. Table of Contents show 10. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. We then looked at median income and unemployment and poverty rates for each and assigned a score. 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. How Can You Avoid Customs Charges from the UK to the US? Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. 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. Love Tennessee? But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. 10) James W. McGothlin - 900 million Mason Jimmy Haslam. Bon Jovi. Owns 71% of Kentucky Downs racetrack; also holds minor stake How did we identify Tennessees wealthiest places? The 58-year-old governor, who previously was mayor of Knoxville . During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. Allow them to enjoy. Were proud of our southern stock, no matter the dollar signs, and are proud to be from the ol Rocky Top. OnlyInYourState may earn compensation through affiliate links in this article. Net worth: $15.0 billion (#115 wealthiest in the world), #1. - Source of wealth: damaged cars, Self Made, #7. - Owner of H.T. He founded Hospital Corp and he is worth at least $13 billion. We analyzed 95 places in Tennessee to determine where the 1% live. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. HomeSnacks is reader-supported. Million. Gandson of founder of Great Western Coco-Cola Bottling Co, based in Martha Ingram & family- Net worth: $3.5 billion (#823 wealthiest in the world) WHAT ABOUT YOU, Goal setting and goal management software for. 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. 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