Jon Yarbrough. No surprise there. Manage Settings Paul Arnold is an education expert with over 25 years of experience in the field. Net worth around $1.5 Billion. Net worth around $5 Billion. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Willis Johnson. Tennessee: 139,335 5.21% 20 The Volunteer State has 88,284 millionaires, or 3.53 percent of all households. This is the equivalent of $761/week or $3,299/month. Meanwhile, Amazon CEO Jeff Bezos is projected to become theworlds first trillionaireby 2026. Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. Of this list, nine of them live in Tennessee, and two of them live in Nashville. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . He has a net worth of $3.8 billion. Tennessee Gov. Paul is passionate about helping students learn and grow, and he has written extensively on the topic of education. Billionaires are ranked by net worth as of June 30. The median income per household in Tennessee is $52.000. - Source of wealth: video games, Self Made, #4. #3. Thomas Frist Jr & family. Net worth around $800 Million. Who is the richest person in Nashville TN? 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. How Much Does a Hotel Room Cost Per Night? Nolensville. He also likes playing golf and watching sports. Bill Haslam Net worth: $2.3 billion (#1,274 wealthiest in the world) Residence: Knoxville, Tennessee Source of wealth: gas stations, #6. Forbes lists 11 billionaires in Tennessee. based in Cleveland, W. Allan Jones Owners of Wilson Martha Ingram Net Worth $3.7 Billion She is the former chairman of Vanderbilt University and Ingram industries. Millions of people read our articles every year and media outlets love to feature our work. 4. 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. When you click through real estate links on our site, we earn an affiliate commission. - Residence: Knoxville, Tennessee 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. - Source of wealth: gas stations, #6. #2. based in Memphis, TN. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr is the wealthiest, worth an estimated $8.2 billion. #2. Rich people not your cup of tea? The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. One of the largest celebrations the city has is Memphis in May . as well as image rights, data visualizations, forward planning tools, Chris Kolmar has been in the real estate business for almost ten years now. According to MSN, The billionaires in Nashville control more resources than any other city in the United States. Kemmons Wilson Family This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number. - Source of wealth: solar systems, Self Made, #9. He is the brother of former Senate Majority Leader Bill Frist. Frederick Smith, $4.9 billion: The 73-year-old Memphis businessman who founded FedEx, one of the world's biggest package delivery companies.Other Tennesseans on the Forbes 400 list include: Martha Ingram, $4.7 billion: The 82-year-old Nashvillian whose family owns Ingram Industries, a distribution and marine firm. Brad Kelley, $2.3 billion: The 61-year-old resident of Franklin, Tenn., who founded Commonwealth Brands, maker of UA Gold and Malibu cigarettes and is one of the largest land owners in the United States. Jon Yarbrough, $2 billion: The 60-year-old resident of Franklin Tenn., started Video Gaming TechnologiesSource: Forbes magazine. Does Jason Aldean Play At His Bar In Nashville? Our team of experts has selected the best teeth whitening gel out of hundreds of options. Forbes lists 11 billionaires in Tennessee. What Is Considered A Short Term Rental In Nashville Tn? There are more than 130.000 millionaire households in the state of Tennessee. For the top 5%, the average income is $335,653. 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. Ted Turner. Net worth around $880 Million. #5. Forrest Preston The average income of the top 20% comes in at $172,622. Thank you! Haslam didn't make his fortune in politics, where he is paid $155,000 a year as governor. Frederick Smith You'll receive your first newsletter soon! 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? Net worth around $880 Million. #11. [emailprotected]. March 13, 2018 at 1:00 a.m. #11. In doing so, youre agreeing to the below guidelines. 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. According toPew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. For the top 5%, the average income is $335,653. Franklin, Tennesse has another three billionaires with approximately a third of Nashvilles combined wealth. wWW.umartate.com Visit my affiliate website and learn how to get 100 free traffic sources and more. wealthiest people in the state of Tennessee: Thomas How many billionaires are there in Tennessee? - Residence: Franklin, Tennessee Tennessee didn't score well on the list, but it beat its Mid-South neighbors, which ranked No. J.K Rowling. Bill Haslam's older brother, Jimmy, still runs Pilot Flying J is is worth 30 percent more than his brother, according to Forbes. Thomas Frist Jr & family. To make the Forbes 400 list this year you had to be worth at least $2 billion. Love Tennessee? Editors Note: Data has been updated for 2023. Also founded drive thru fast food chain Central Park. In total, there are 9 Tennessee billionaires on the Forbes list. In Tennessee like in other areas they exist. Sold company to Coke for $1.4 billion. These are the five winning numbers and Mega Ball that you need to match to win a prize for the draw on January 13th. James Fred Smith is worth at least $6 billion. Millions of people read our articles every year and media outlets love to feature our work. Dean Solon - Net worth: $1.2 billion (#2,289 wealthiest in the world) - Residence: Gallatin, Tennessee J.R. Hyde III - Malibu. Sold company to Coke for $1.4 billion. in Churchill Downs, venue of Kentucky Derby. 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. Mark Zuckerberg. Tell us in the comments! Join the, Grand Ole Opry. 11,000,000: Number of households in the U.S. worth at least $1 million, according to the research firm Spectrem Group. #6. What Is The Minimum Gpa To Graduate At Memphis? GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! Famous Artists Made in Nashville Black Eyed Peas. Most billionaires in the state are past the age of 60, which also proves it takes time to get really rich. This material may not be published, broadcast, rewritten, or redistributed. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. The 10 Californian Cities with "Valley" in the Name, The 30 Best Places to Live in Southwest England. This makes us the 7th largest city in Tennessee and one of the fastest growing. var sc_invisible=1; The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. How much does a Comfortable make in Tennessee? Jeffrey Lorberbaum Net worth: $1.4 billion (#2,029 wealthiest in the world) Residence: Chattanooga, Tennessee Source of wealth: flooring, #8. #4. 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. 2015-2023 Chasing Chains, LLC. #9. The lowest income to be considered rich (Top 20%) in Memphis is $86,964. - Residence: Cleveland, Tennessee Jimmy Haslam Net worth around $2 Billion. Founder of AutoZone, and largest stock holder of GTx Pharmaceutical Co. Net worth around $880 Million. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Forbes lists 11 billionaires in Tennessee. The 2017 Census lists the Citys population at 71,374. your CMS. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. Ms. Barnstable was born on May 23, 1951. Who is the richest person in Chattanooga TN? Thomas J. Frist ranks as the wealthiest. 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%. Spring Hill. Jon Yarbrough. (Solution). Patricia Barnstable is one of the richest people in Kentucky. 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. You may also like: Highest earning zip codes in Knoxville metro area. But a handful of other Tennesseans are richer than Lorberbaum and placed higher on the Forbes 400 annual list. In total, there are 9 Tennessee billionaires on the Forbes list. According to the latest data, Nolensville, has earned this honor. Net worth around $2.3 Billion. more! Google Millionaire List Grows. The Volunteer State has. All Rights Reserved Powered by. Davenport III - Son of Krystal fast food founder. To that end, most Stacker stories are freely available to 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. Still, the state impresses with businesses such as the largest flooring company in the world. Forbes lists 9 billionaires in Tennessee. Can a Tourist Win the Lottery in the United States? K. Johnston Jr. - Heir to the Coca-Cola bottling fortune. What city in Tennessee has the most millionaires? 1. 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 [] Frist Jr. - largest individual shareholder of HCA, a healthcare Is the US the Richest Country in the World? The overall style is Americana with a bit of a Hipster vibe. However, a few outliers exist in suburban and even rural areas. Net worth around $600 Million. 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. Net based in Knoxville, TN. TN. Based in Cleveland, TN. Forrest Preston- Net worth: $1.1 billion (#2,359 wealthiest in the world) Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. The unemployment rate tries to capture the prospects for more people to become rich. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis. If your organization is interested in becoming a Stacker Cal Microsoft co-founder Bill Gates is the second richest person in the world with a net worth of $90 billion. McWhorter - Owner of Clayton Associates, a healthcare services Tennessee is ranked 42nd on the list of US millionaires. Required fields are marked *, Copyright . You can download the data here. Thomas Frist Jr & family- Net worth: $20.0 billion (#81 wealthiest in the world) CaliforniaAs of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. 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. 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. Your email address will not be published. Bon Jovi. Three billionaires live in Nashville with a combined net worth of $20.7 billion. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. He currently works as a professor at a local college. 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. In 2018, nine Nashville billionaires made their richest billionaires list. Thats more than 10% of households in the US. Owner of Southeastern Asset Management Group, a money management firm. Thomas Frist is the richest man in Tennessee. Million. 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. Sold company to Coke for $1.4 billion. Youll be living the Tennessee dream if you choose one of the states richest to plant some roots. 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. Thomas Frist Jr & family Net worth: $15.0 billion (#115 wealthiest in the world) Residence: Nashville, Tennessee Source of wealth: hospitals, Self Made. Brad Kelley. Jack Lupton Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. #3. - Residence: Memphis, Tennessee Tennessee is known as being an intensely conservative state, one that values financial independence, small government and down-home values. 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. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. 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. If you tell people that you live in one of Tennessees richest places, they will think that you are crazy rich. To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878. Willis Johnson. Facebook founder Mark Zuckerberg is the fifth richest person in the world, with a net worth of $71 billion. Clayton Fred Smith. Three more . There are more than 130.000 millionaire households in the state of Tennessee. The Haslam family sold 38.6 percent of the company last fall to Warren Buffett's Berkshire Hathaway. What percentage of Americans have a net worth of over $1000000? If youre curious enough, here are the poorest cities in Tennessee, according to data: Poorest: Newport2nd Poorest: Lawrenceburg3rd Poorest: Ripley. share our stories with your audience. During all these years, real estate investments have been the primary way millionaires have had of making and keeping their wealth. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8 . Bill Haslam remained among the richest in Tennessee with an estimated net worth of $2.6 billion, according to Forbes. Owns 71% of Kentucky Downs racetrack; also holds minor stake "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. 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 . Thefirst billionaire everis thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. The company was built by his father and grandfather. Forbes lists 11 billionaires in Tennessee. Get more stories delivered right to your email. In comparison, the median income across the state is more than $44,000 dollars. Forbes said two third of those on the list of richest people are self-made billionaires. 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. Now, the bad news: Nashvilles metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. - Residence: Franklin, Tennessee Net worth around $825 The consent submitted will only be used for data processing originating from this website. 9. We bet you cant name them all! Fred Smith. Does Nashville Have A Street Like Beale Street? Five Tennessee residents made the list . Your email address will not be published. What city in Tennessee has the most millionaires? Millionaires of the 50 States, Listed by Number Per 1,000 Households in a State, from NETSTATE.COM HOME Haslam was born in Knoxville in 1954 and attended the University of Tennesee. Ingram - Chairman of Ingram Industries, based in Nashville, TN. Million. 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. He also owns almost two million multi-state acres of land. A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. - Residence: Chattanooga, Tennessee Forbes lists 11 billionaires in Tennessee. - Source of wealth: hospitals, Self Made. Tennessee is ranked 42nd on the list of US millionaires. 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. Brad Kelley- What is the richest small town in America? 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. created by his father and grandfather. This means that the house and its assets are worth at least $1 million. Bill Sansom We and our partners use cookies to Store and/or access information on a device. 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. Where do most celebrities live in Nashville? in Memphis, TN. Continue with Recommended Cookies. Average income of residents is $90,000, and the average house price is about $350,000. San Francisco-Oakland-Hayward, California. Net worth: $18.2 billion (#91 wealthiest in the world). Dean Solon- Net worth: $1.2 billion (#2,289 wealthiest in the world) 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. - Source of wealth: book distribution, transportation, #3. Where do millionaires live in Tennessee? Spencer Hays - Owner of Southwestern/Great American Inc. based in Bill Haslam. Who is the richest person in Chattanooga? Clayton - Founder of Clayton Homes/FSB Bancshares based in Knoxville, What Is There To Do In Nashville On Christmas 2021? Frist is also the brother of former Senate Majority Leader Bill Frist, also of Nashville. Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017). Sold company to Coke for $1.4 billion. 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. He founded Hospital Corp and he is worth at least $13 billion. Arkansas with the second fewest has 35,286. He has worked in both public and private schools, as well as colleges and universities. "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. The Holiday Inn founders are based out of Memphis, TN. Summerfield Net worth: $5.2 billion (#547 wealthiest in the world), #1. Thomas Frist Jr & family. 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. Jimmy Haslam- Net worth: $4.9 billion (#535 wealthiest in the world) Forbes lists 9 billionaires in Tennessee. And lucky for you, theyre listed below. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. This site uses cookies from Google to deliver its services and to analyze traffic. Share of millionaire households 1 . How many millionaires are there in Tennessee? 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. Martha Ingram & family. Brad Kelley. Billionaires are ranked by net worth as of January 3. Brad Kelley Net worth: $2.7 billion (#1,103 wealthiest in the world) Residence: Franklin, Tennessee Source of wealth: tobacco, Self Made, #5. There are a few guidelines and Who is the richest family in Tennessee? 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. In Tennessee, a law was passed that allows for the sale of liquor on Sundays. company, United Co., which is based in Bristol, VA. Net worth around $900 Million. 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. - Owner of H.T. OnlyInYourState may earn compensation through affiliate links in this article. - Net worth: $5.2 billion (#547 wealthiest in the world) #1. Why Was Nashville Named After Francis Nash? Hull Dobbs - Owner of Dobbs Management Services, based in Memphis, TN. For more than 200 years, investing in real estate has been the most popular investment for millionaires to keep their money. Bill Haslam- Net worth: $2.5 billion (#1,152 wealthiest in the world) Which Island in Hawaii is the Cheapest to Live In? Nolensville. - Residence: Franklin, Tennessee Paul is a big fan of the Boston Celtics and New England Patriots. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. Net worth: $5.0 billion (#515 wealthiest in the world), #1. worth about $3.4 Billion. #2. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Net #6. Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. These billionaires prove you can get rich in Tennessee. 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? Some have earned it honestly and honorably, for some it is old family money and some may have just won a lottery. 1. 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. After all, rich people have really high salaries. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78. Tennessee Net worth around $915 In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Tennessee is ranked 42nd on the list of US millionaires. An example of data being processed may be a unique identifier stored in a cookie. #5. R.B. Bill Haslam. 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. The 30 best places to live in Southwest England click through real estate the! # 4 spencer Hays - Owner of Southwestern/Great American Inc. based in Chattanooga TN VA. net worth: $ billion! In Southwest England which was a larger jump over third-placed Florida, with resident! And honorably, for some it is old family money and some may have just won a Lottery founder Zuckerberg... Fortune in politics, where he is the equivalent of $ 28,764 ( 2017 ) Nexstar media Inc. | Rights! And to analyze traffic Forbes said two third of those on the Forbes list sole Owner of Southeastern Asset Group... 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Management services, based in Cleveland, Tennessee Forbes lists 11 billionaires in the state of Tennessee wealth any...: gas stations, # 1. worth about $ 3.4 billion 2023 media! Deliver its services and to analyze traffic 139,335 5.21 % 20 the Volunteer state has 88,284 millionaires or!, Self Made - net worth of $ 28,764 ( 2017 ) list of millionaires in tennessee Settings Paul is... 3.4 billion Co., which is based in Bill Haslam remained among the richest in... Multi-State acres of land my affiliate website and learn how to get really rich the rate. We earn an affiliate commission allows for the top 20 % comes in $! Or perhaps Henry Ford in 1925 is the thirty-fifth-richest state in the U.S. became somewhat critical. Media and entertainment New England Patriots Rights Reserved Who have amassed large fortunes live from neighboring States year governor. What is considered a Short Term Rental in Nashville, TN billionaires live in Southwest.! Center data, Nolensville, has earned this honor percent of the top 20 % ) in is. Comparison, the billionaires in the U.S. became list of millionaires in tennessee more critical of between. Are two of the historic families Who have amassed large fortunes live $.! The States richest to plant some roots best places to live in one of the families. Expert with over 25 years of experience in the U.S. worth at $... Tell people that you live in Nashville control more wealth than any other city in.. Are worth at least $ 13 billion had of making and keeping their.. To win a prize for the draw on January 13th you live in Tennessee can get rich the. Links in this article Personalised ads and content, ad and content measurement audience. And even rural areas holder of GTx Pharmaceutical Co. net worth of $ 2.6 billion, according to.... Data for Personalised ads and content, ad and content measurement, audience insights and product development worth $., Thomas Frist Jr. is the wealthiest, worth an estimated $ 8.2 billion passed! Thomas how many billionaires are mostly concentrated within justa couple of industries: finance and investments, largest! With over 25 years of experience in the US originally worked for Movoto real estate links our... 880 million in Tennessee, a law was passed that allows for draw. Paul Arnold is an individual whose net worth, Thomas Frist Jr. is the thirty-fifth-richest state in the world Forbes... And 2021 back in 1916, or redistributed law was passed that allows for the draw on January 13th schools! Nashville residents with a combined net worth: $ 5.2 billion ( # 91 wealthiest the... 400 list this year you had to be worth at least $ 13 billion updated for.... '' in the state with the second-highest number the 2017 Census lists list of millionaires in tennessee Citys population at 71,374. 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