The first billionaire is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. 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%.

The U.S.’s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Stacker compiled a list of the richest billionaires that are residents of Tennessee, using data from Forbes. Billionaires are ranked by net worth as of April 30. Forbes lists 10 billionaires in Tennessee

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#10. Forrest Preston
– Net worth: $1.0 billion (#2,509 wealthiest in the world)
– Residence: Cleveland, Tennessee
– Source of wealth: health care, Self Made

#9. Jeffrey Lorberbaum
– Net worth: $1.5 billion (#1,876 wealthiest in the world)
– Residence: Chattanooga, Tennessee
– Source of wealth: flooring

#8. Willis Johnson
– Net worth: $1.8 billion (#1,625 wealthiest in the world)
– Residence: Franklin, Tennessee
– Source of wealth: damaged cars, Self Made

#7. Bill Haslam
– Net worth: $2.3 billion (#1,311 wealthiest in the world)
– Residence: Knoxville, Tennessee
– Source of wealth: gas stations

#6. Brad Kelley
– Net worth: $2.7 billion (#1,133 wealthiest in the world)
– Residence: Franklin, Tennessee
– Source of wealth: tobacco, Self Made

#5. Jon Yarbrough
– Net worth: $3.1 billion (#992 wealthiest in the world)
– Residence: Franklin, Tennessee
– Source of wealth: video games, Self Made

#4. Jimmy Haslam
– Net worth: $3.8 billion (#786 wealthiest in the world)
– Residence: Knoxville, Tennessee
– Source of wealth: gas stations, retail

#3. Martha Ingram & family
– Net worth: $4.0 billion (#741 wealthiest in the world)
– Residence: Nashville, Tennessee
– Source of wealth: book distribution, transportation

#2. Fred Smith
– Net worth: $4.5 billion (#635 wealthiest in the world)
– Residence: Memphis, Tennessee
– Source of wealth: FedEx, Self Made

#1. Thomas Frist Jr & family
– Net worth: $18.2 billion (#91 wealthiest in the world)
– Residence: Nashville, Tennessee
– Source of wealth: hospitals, Self Made

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