List of presidents of the United States by net worth
The list of presidents of the United States by net worth at peak varies greatly. Debt and depreciation often means that presidents' net worth is less than $0 at the time of death.[1] Most presidents before 1845 were extremely wealthy, especially Andrew Jackson and George Washington.
Presidents since 1929, when Herbert Hoover took office, have generally been wealthier than presidents of the late nineteenth and early twentieth centuries; with the exception of Harry S. Truman, all presidents since this time have been millionaires. These presidents have often received income from autobiographies and other writing.[2] Except for Franklin D. Roosevelt and John F. Kennedy (both of whom died while in office), all presidents beginning with Calvin Coolidge have written autobiographies. In addition, many presidents—including Bill Clinton—have earned considerable income from public speaking after leaving office.[3][4]
Harry Truman was among the poorest U.S. presidents, with a net worth considerably less than $1 million. His financial situation contributed to the doubling of the presidential salary to $100,000 in 1949.[5] In addition, the presidential pension was created in 1958 when Truman was again experiencing financial difficulties.[6] Harry and Bess Truman received the first Medicare cards in 1966 via the Social Security Act of 1965.[7]
List of presidents by peak net worth
[edit]This section needs additional citations for verification. (July 2021) |
The figures in the table below are all derived from 24/7 Wall St.'s 2016 valuation of each president's peak net worth. For purposes of 24/7 Wall St.'s valuation, a president's peak net worth may occur after that president has left office.[8] To allow for a direct comparison, all of the figures have been adjusted for inflation to 2022 U.S. dollars.
Name | Net worth (millions of 2022 US$) | Political party[9] | Years in office | Lifespan |
---|---|---|---|---|
Donald Trump | 7,100[nb 1] | Republican | 2017–2021 | born 1946 |
Barack Obama | 250 | Democratic | 2009–2017 | born 1961 |
Bill Clinton | 241 | Democratic | 1993–2001 | born 1946 |
Theodore Roosevelt | 168 | Republican | 1901–1909 | 1858–1919 |
Andrew Jackson | 159 | Democratic | 1829–1837 | 1767–1845 |
James Madison | 136 | Democratic-Republican | 1809–1817 | 1751–1836 |
Lyndon B. Johnson | 131 | Democratic | 1963–1969 | 1908–1973 |
Herbert Hoover | 100 | Republican | 1929–1933 | 1874–1964 |
John F. Kennedy | 99 | Democratic | 1961–1963 | 1917–1963 |
Franklin D. Roosevelt | 79 | Democratic | 1933–1945 | 1882–1945 |
John Tyler | 68 | Whig / None | 1841–1845 | 1790–1862 |
George W. Bush | 47 | Republican | 2001–2009 | born 1946 |
James Monroe | 36 | Democratic-Republican | 1817–1825 | 1758–1831 |
Martin Van Buren | 34 | Democratic | 1837–1841 | 1782–1862 |
Grover Cleveland | 33 | Democratic | 1885–1889 1893–1897 | 1837–1908 |
George H. W. Bush | 31 | Republican | 1989–1993 | 1924–2018 |
John Quincy Adams | 27 | Democratic-Republican | 1825–1829 | 1767–1848 |
John Adams | 25 | Federalist | 1797–1801 | 1735–1826 |
Richard Nixon | 20 | Republican | 1969–1974 | 1913–1994 |
Ronald Reagan | 16 | Republican | 1981–1989 | 1911–2004 |
James K. Polk | 13 | Democratic | 1845–1849 | 1795–1849 |
Dwight D. Eisenhower | 10 | Republican | 1953–1961 | 1890–1969 |
Joe Biden | 10[17] | Democratic | 2021–present | born 1942 |
Gerald Ford | 9 | Republican | 1974–1977 | 1913–2006 |
Jimmy Carter | 9 | Democratic | 1977–1981 | born 1924 |
Zachary Taylor | 8 | Whig | 1849–1850 | 1784–1850 |
William Henry Harrison | 7 | Whig | 1841 | 1773–1841 |
Benjamin Harrison | 7 | Republican | 1889–1893 | 1833–1901 |
Millard Fillmore | 5 | Whig | 1850–1853 | 1800–1874 |
Rutherford B. Hayes | 3 | Republican | 1877–1881 | 1822–1893 |
William Howard Taft | 3 | Republican | 1909–1913 | 1857–1930 |
Franklin Pierce | 2 | Democratic | 1853–1857 | 1804–1869 |
William McKinley | 1 | Republican | 1897–1901 | 1843–1901 |
Warren G. Harding | 1 | Republican | 1921–1923 | 1865–1923 |
George Washington | 707 | None/Independent | 1789–1797 | 1732–1799 |
James Buchanan | <1 | Democratic | 1857–1861 | 1791–1868 |
Thomas Jefferson | 284 | Democratic-Republican | 1801–1809 | 1743–1826 |
Abraham Lincoln | <1 | Republican / National Union | 1861–1865 | 1809–1865 |
Andrew Johnson | <1 | National Union / Democratic | 1865–1869 | 1808–1875 |
Ulysses S. Grant | <1 | Republican | 1869–1877 | 1822–1885 |
James A. Garfield | <1 | Republican | 1881 | 1831–1881 |
Chester A. Arthur | <1 | Republican | 1881–1885 | 1829–1886 |
Woodrow Wilson | <1 | Democratic | 1913–1921 | 1856–1924 |
Calvin Coolidge | <1 | Republican | 1923–1929 | 1872–1933 |
Harry S. Truman | <1 | Democratic | 1945–1953 | 1884–1972 |
See also
[edit]Notes
[edit]References
[edit]- ^ Wilson, Gaye. "Monticello Was among the Prizes in a Lottery for a Ruined Jefferson's Relief". www.history.org. Archived from the original on April 9, 2017. Retrieved April 16, 2017.
- ^ "Giving, by Donald Trump". Ontheissues.org. Archived from the original on 2015-10-04. Retrieved 2015-09-18.
- ^ McIntyre, Mike (5 April 2008). "Clintons Made $109 Million in Last 8 Years". The New York Times. Archived from the original on 4 November 2013. Retrieved 15 August 2012.
- ^ Tonner, Andrew (Nov 20, 2020). "The 10 Richest U.S. Presidents -- The Motley Fool". The Motley Fool. Archived from the original on March 13, 2017. Retrieved April 16, 2017.
- ^ "The 8 poorest US presidents". www.msn.com. Retrieved 2019-05-03.
- ^ Isidore, Chris (2017-01-20). "Here's how much Obama's pension is worth". CNNMoney. Archived from the original on 2019-05-03. Retrieved 2019-05-03.
- ^ "A brief history of Medicare in America". medicareresources.org. 2019-05-01. Archived from the original on 2019-05-02. Retrieved 2019-05-04.
- ^ a b "The Net Worth of the American Presidents: Washington to Trump". 24/7 Wall St. 247wallst.com. November 10, 2016. Archived from the original on April 10, 2019. Retrieved April 10, 2019.
- ^ "Presidential Purses - TIME". Time.com. Archived from the original on 2013-08-27. Retrieved 2015-09-18.
- ^ "Donald Trump files disclosure of $10 billion in net worth". reuters.com. 17 May 2016. Retrieved 18 December 2020.
- ^ "Donald Trump Claims That He's Worth $10 Billion". nbcnews.com. Retrieved 18 December 2020.
- ^ #72 Donald Trump Real Time Net Worth As of 12/9/15, Forbes
- ^ "Donald Trump". Forbes. Archived from the original on 2015-05-05. Retrieved 2016-11-12.
- ^ "Can Trump Really Use His $7.2 Billion Fortune?". Forbes. Retrieved 2024-03-27.
- ^ "The Definitive Net Worth Of Donald Trump". Forbes. Archived from the original on 2017-03-25. Retrieved 2017-03-24.
- ^ "How Much Cash Does Donald Trump Really Have". Forbes. Archived from the original on 2022-03-04. Retrieved 2022-03-04.
- ^ "How much is President-Elect Biden worth?".
11. https://afrotech.com/how-barack-obama-increased-his-net-worth-to-70m-after-leaving-office/