List of richest American politicians

Last updated on 21 June 2017

This list of richest American politicians includes current and former office-holders and political appointees, and is not necessarily adjusted for inflation. Estimated wealth is at least $100 million in 2012 dollars, for all the people listed here. The amounts listed here do not necessarily pertain to the politicians' time in office (i.e. some of them may have gotten much richer later on, or lost their money before they ran for office).

Presidents

Name Party Position Date(s) Estimated wealth (adjusted for inflation) Notes
Donald Trump Republican President 2017–present $3.5 billion[1] Inheritance, business, real estate, reality TV, books, marketing, name licence
George Washington Independent President 1789–1797 $525 million[2] Inheritance, business, and marriage.
Thomas Jefferson Democratic-Republican President 1801–1809 $212 million (died bankrupt)[2] Inheritance, business.
John F. Kennedy Democratic President 1961–1963 $124 million[3] Inheritance.
Theodore Roosevelt Republican President 1901–1909 $125 million[2] Inheritance.
Andrew Jackson Democratic President 1829–1837 $119 million[2] Marriage, business, and real estate.
James Madison Democratic-Republican President 1809–1817 $101 million[2] Inheritance, business.

Unsuccessful presidential candidates

Name Party Position Date(s) Estimated wealth (not adjusted for inflation) Notes
Hillary Clinton Democratic First Lady,
U.S. Senator from New York,
Secretary of State,
Candidate for U.S. President
1993–2001,
2001–2009,
2009–2013,
2008 and 2016
$52–111 million[4] Paid speeches, book deals.
Mitt Romney Republican Candidate for U.S. Senator from Massachusetts,
Governor of Massachusetts,
Candidate for U.S. President
1994,
2003–2007,
2008 and 2012
$190–250 million[5] Son of Michigan Governor George W. Romney. Former CEO of Bain Capital and Bain & Company.
John Kerry Democratic U.S. Senator from Massachusetts,
Candidate for U.S. President,
Secretary of State
1985–2013,
2004
2013–2017
$200 million[6] Marriage. Current wife, Teresa Heinz, is the widow of H. John Heinz III, heir to H. J. Heinz Company.
Al Gore Democratic U.S. Senator from Tennessee,
Vice President,
Candidate for U.S. President
1985–1993,
1993–2001,
2000
$200 million[7] Inheritance. Son of attorney and US Senator Albert Gore Sr. who owned a stake in Occidental Petroleum, book and film deals.
Steve Forbes Republican Board for International Broadcasting,
Candidate for U.S. President
1985–1993,
1996 and 2000
$430 million[8] Editor and publisher.
Ross Perot Reform Select Committee on Public Education,
Candidate for U.S. President
1983,
1992 and 1996
$4.1 billion[9] Founded Electronic Data Systems and Perot Systems.
Ted Kennedy Democratic U.S. Senator from Massachusetts,
Candidate for U.S. President
1962–2009,
1980
$163 million[10] Inherited much wealth - including a stake in The Chicago Merchandise Mart.
Nelson Rockefeller Republican Governor of New York,
Vice President,
Candidate for U.S. President
1959–1973,
1974–1977,
1960s
$1 billion[11] Inheritance. Grandson of John D. Rockefeller.
James M. Cox Democratic Governor of Ohio,
Candidate for U.S. President
1913–1915 and 1917–1921,
1920
$40 million (D. 1950)[12] Founded a chain of newspapers that continues today as Cox Enterprises, a media conglomerate.
Samuel J. Tilden Democratic Governor of New York,
Candidate for U.S. President
1875–1876,
1876
$8.5 million(D. 1886)[13] Inheritance. His father and other family members were the makers of Tilden's Extract, a popular patent medicine of the 1800s and early 1900s. Law practice, investments
John Hancock Federalist Governor of Massachusetts,
Candidate for U.S. President
1780–1785 and 1787–1793,
1789
$100 million[14] Inherited much wealth - including a profitable mercantile business from his uncle.

Other U.S. politicians

Name Party Position Date(s) Estimated wealth (not adjusted for inflation) Notes
Michael Bloomberg Independent Mayor of New York City 2002–2013[15] $47.5 billion[16] Founder of Bloomberg L.P.
David Koch Republican Libertarian nominee for Vice President 1980 $44.2 billion[17][18] Son of Fred Koch, founder of Koch Industries; VP of Koch Industries
Penny Pritzker Democratic Secretary of Commerce 2013–2017 $2.5 billion[19] Founder of PSP Capital Partners and Pritzker Realty Group
Wilbur Ross Republican Secretary of Commerce 2017–present $2.5 billion[20] Investor
Bill Haslam Republican Mayor of Knoxville,
Governor of Tennessee
2003-2011,
2011–present
$2 billion[21] Former CEO of the e-commerce and catalog division of Saks Fifth Avenue; Son of Jim Haslam, founder of Pilot Corporation
Mark Dayton Democratic State Auditor of Minnesota,
U.S. Senator from Minnesota,
Governor of Minnesota
1991–1995,
2001–2007,
2011–present
$1.6 billion Great grandson of George Dayton, the founder of Target[22]
Jim Justice Democratic Governor of West Virginia 2017–present $1.59 billion[23] Business (coal and agriculture)
Betsy DeVos Republican Secretary of Education 2017–present $1.25 billion[20] Daughter of Edgar Prince, founder of Prince Corporation; Daughter-in-law of Richard DeVos, co-founder of Amway
Linda McMahon Republican Administrator of the Small Business Administration 2017-present $938 million-1.1 billion [24] Former CEO of WWE
Bruce Rauner Republican Governor of Illinois 2015–present $500 million+ Chairman of GTCR
Amo Houghton Republican Representative from New York 1987–2005 $475 million[25] Great-great-grandson of Amory Houghton, Sr., founder of Corning Glass Works; Former CEO of Corning Glass Works
Jared Polis Democratic Representative from Colorado 2009–present $388 million[26] Founder of ProFlowers
Rex Tillerson Republican Secretary of State 2017–present $325 million[20] Former CEO of ExxonMobil
Greg Gianforte Republican Representative from Montana 2017–present $315 million[27] Founder of RightNow Technologies
Jon Corzine Democratic US Senator from New Jersey,
Governor of New Jersey
2001–2006,
2006–2010
$300 million[25] Former CEO of Goldman Sachs
Steven Mnuchin Republican Secretary of the Treasury 2017–present $300 million[20] Former executive of Goldman Sachs
Michael McCaul Republican Representative from Texas 2005–present $294 million[6] Son-in-law of Lowry Mays, founder of Clear Channel Communications
Mark Warner Democratic U.S. Senator from Virginia,
Governor of Virginia
2009–present,
2002-2006
$243 million[28] Co-Founder of Nextel Communications
Darrell Issa Republican Candidate for U.S. Senator from California,
Representative from California
1998,
2001–present
$220 million[6] Businessman; founder of Directed Electronics
Joseph P. Kennedy, Sr. Democratic U.S. Ambassador to the U.K. 1938–1940 $200–400 million[29] Investor, banker, filmmaker, Prohibition-era international liquor transporter
Carl Paladino Republican Buffalo Public Schools board of education member,
Candidate for Governor of New York
2010 $150 million[30] Retail real estate developer
Rick Scott Republican Governor of Florida 2011–present $147 million[31] Founder of Columbia Hospital Corporation
Arnold Schwarzenegger Republican Governor of California 2003–2011 $100–$200 million.[32] Real estate, acting

See also

References

  1. ^ "#156 Donald Trump".
  2. ^ a b c d e "The Net Worth of the U.S. Presidents: From Washington to Obama". The Atlantic. May 20, 2010. Retrieved August 18, 2012.
  3. ^ Glen Vecchione, The Little Giant Book of American Presidents, page 135 (Sterling Publishing Company 2007).
  4. ^ Hillary Clinton net worth, moneynation.com; accessed September 16, 2016.
  5. ^ "Romney would rank among richest presidents ever". USA Today. January 28, 2012. Retrieved May 23, 2012.
  6. ^ a b c "The 50 Richest Members of Congress (2011)". Roll Call. Retrieved May 23, 2012.
  7. ^ "Bill Clinton, Al Gore Get Rich After White House", ABC News (June 15, 2007).
  8. ^ "Mitt Romney to Report Financial Assets of at Least $190 Million". Associated Press. May 11, 2007. Retrieved August 18, 2012.
  9. ^ "Henry Ross Perot profile". Forbes.com. Retrieved August 16, 2016.
  10. ^ "Ted Kennedy, RIP". Slate. August 26, 2009. Retrieved May 17, 2012.
  11. ^ Geri Spieler, Taking Aim at the President: The Remarkable Story of the Woman Who Shot at Gerald Ford, page 135 (Macmillan 2008)
  12. ^ Dayton Daily News history: James M. Cox, Publisher", Dayton Daily News; accessed August 19, 2012.
  13. ^ Rossiter Johnson and John Howard Brown. The Twentieth Century Biographical Dictionary of Notable Americans (Biographical Society 1904).
  14. ^ Robert Leckie. George Washington's War: The Saga of the American Revolution, page 53 (HarperCollins 1993).
  15. ^ "De Blasio era begins in New York City". Newsday. 2014-01-01. Retrieved 2016-09-17.
  16. ^ "Michael Bloomberg". Forbes. Retrieved 2016-09-08.
  17. ^ Alex Morrell. "David Koch". Forbes.com. Retrieved 2015-06-10.
  18. ^ "David Koch". Forbes.com. Retrieved March 25, 2015.
  19. ^ "Penny Pritzker". Forbes.com. Forbes. Retrieved 2017-06-21.
  20. ^ a b c d Peterson-Withorn, Chase (2016-12-22). "Here's What Each Member Of Trump's $4.5 Billion Cabinet Is Worth". Forbes.com. Forbes. Retrieved 2017-02-05.
  21. ^ "The richest politician in America is the governor of Tennessee". Retrieved October 31, 2015.
  22. ^ "America's Richest Families". Forbes.com. Forbes. Retrieved August 19, 2015. #157 Dayton Family 1.6 B
  23. ^ "Jim Justice, II". Forbes.com. Retrieved November 9, 2016.
  24. ^ http://www.ctpost.com/local/article/Linda-and-Vince-McMahon-disclose-billion-in-assets-11050232.php
  25. ^ a b A Look at America's Richest Politicians, ABC News; accessed November 11, 2016.
  26. ^ "Rep. Jared Polis (D-CO)". members-of-congress.insidegov.com. Retrieved 2016-05-26.
  27. ^ "What you need to know about House candidate Greg Gianforte and Montana’s special election". Retrieved 2017-06-21.
  28. ^ "Sen. Mark R. Warner (D-VA)". members-of-congress.insidegov.com. Retrieved 2016-05-26.
  29. ^ Smith, Richard Austin (November 1, 1957). "The Fifty-Million-Dollar Man, (sidebar: "America's Biggest Fortunes")". Fortune.
  30. ^ Peters, Jeremy W. (April 5, 2010). "Conservative Developer Joins Race for Governor". The New York Times.
  31. ^ Rick Scott's net worth grows to $147 million, miamiherald.com (July 2015).
  32. ^ Williams, Lance (August 17, 2003). "Schwarzenegger worth $100 million, experts say". San Francisco Chronicle. Archived from the original on March 28, 2008. Retrieved April 18, 2008.

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