The peak wealth of Presidents of the United States has varied considerably. Debt and depreciation often meant that Presidents had negative net worth when they died. Most presidents before 1845 were extremely wealthy, including Andrew Jackson, who was born into poverty, and George Washington. Many of these early presidents were landowners, and some of them owned plantations, including slaves.
Presidents since 1929, when Herbert Hoover took office, have generally been wealthier than before; all except Harry Truman were millionaires. These presidents have often received income from autobiographies and other writing; other than John F. Kennedy (who died in office in 1963), all presidents beginning with Calvin Coolidge have written autobiographies. In addition, many presidents, including Bill Clinton, had considerable income from public speaking after leaving office.
The richest president in history is Donald Trump, who is the first billionaire president. His net worth, however, is not known precisely because The Trump Organization is privately held and Trump has not disclosed his tax returns. By estimate, Trump is wealthier than all former presidents combined.
Harry Truman was the poorest president, with a net worth considerably less than $1 million. The presidential pension was created in 1958, when former President Harry Truman was experiencing financial trouble. His financial state contributed to the doubling of the presidential salary to $100,000 in 1949. Harry S and Bess Truman received the first Medicare Cards in 1966 via the Social Security Act of 1965.
The figures in the table below are all from 24/7 Wall St.'s 2016 valuation of each president's peak net worth, which can be after they left office. To allow direct comparison, all of the figures have been adjusted for inflation to 2016 dollars.
(in mill. of 2019 US$)
|Political party||Years in office||Lifespan|
|Donald Trump||3,100[nb 1]||Republican||2017-present||born 1946|
|John F. Kennedy||1,100[nb 2]||Democratic||1961–1963||1917–1963|
|George Washington||587||None/ Independent||1789–1797||1732–1799|
|Lyndon B. Johnson||109||Democratic||1963–1969||1908–1973|
|Bill Clinton||75||Democratic||1993–2001||born 1946|
|Franklin D. Roosevelt||66||Democratic||1933–1945||1882–1945|
|John Tyler||57||Whig / None||1841–1845||1790–1862|
|Barack Obama||40||Democratic||2009–2017||born 1961|
|George W. Bush||39||Republican||2001–2009||born 1946|
|Martin Van Buren||29||Democratic||1837–1841||1782–1862|
|George H. W. Bush||26||Republican||1989–1993||1924–2018|
|John Quincy Adams||23||Democratic-Republican||1825–1829||1767–1848|
|James K. Polk||11||Democratic||1845–1849||1795–1849|
|Dwight D. Eisenhower||9||Republican||1953–1961||1890–1969|
|Jimmy Carter||8||Democratic||1977–1981||born 1924|
|William Henry Harrison||6||Whig||1841–1841||1773–1841|
|Rutherford B. Hayes||3||Republican||1877–1881||1822–1893|
|William Howard Taft||3||Republican||1909–1913||1857–1930|
|Warren G. Harding||1||Republican||1921–1923||1865–1923|
|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||1881–1881||1831–1881|
|Chester A. Arthur||<1||Republican||1881–1885||1829–1886|
|Harry S. Truman||<1||Democratic||1945–1953||1884–1972|
The Bloomberg Billionaires Index is a daily ranking of the world's richest people. The index debuted in March 2012 and tracks the net worth of the 500 wealthiest people on the planet. It draws information from "action in the stock market, economic indicators and news reports," features a profile of each billionaire, and includes a tool that allows users to compare the fortunes of multiple billionaires. The index is updated every day at the close of trading in New York.List of Americans by net worth
This is a list of American billionaires based on an annual assessment of wealth and assets.
Notably, the Forbes 400 Richest Americans list is published annually since 1982. The combined net worth of the 2017 class of the 400 richest Americans was $2.7 trillion, up from $2.4 trillion in the previous year. As of March 2018, the U.S. had 585 billionaires.List of Iranians by net worth
The following is a list of Iranians or people of Iranian descent by net worth who are reported by Forbes and other mainstream news outlets to have estimated net worth in excess of US$500 million.List of Israelis by net worth
The following is a list of Israeli billionaires based on an annual assessment of wealth and assets compiled and published by Forbes magazine.List of Pakistanis by net worth
The following is a list of the Pakistani people sorted by order of their declared or estimated wealth by Pakistani rupee (PKR).List of countries by the number of billionaires
This is a list of countries by the number of billionaires by net worth (USD) based on an annual assessment of wealth and assets compiled and published by Forbes magazine. This list excludes lists compiled and published by Business Insider, Challenges, Hurun Report, The Sunday Times, UBS and other sources.List of richest American politicians
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).List of wealthiest families
Various lists of the richest families in the world (excluding royal families or autocratic ruling dynasties) are published internationally, by Forbes as well as other business magazines.
There is a distinction between wealth held by identifiable individual billionaires or a "nuclear family" and the wider notion of a historical "dynasty," where the wealth of a historically family-owned company or business has become distributed between various branches of descendants, usually throughout decades, ranging from several individuals to hundreds of offsprings (such as the Rothschild family). According to Bloomberg, the world's 25 richest families control $1.1 trillion (1,100,000,000,000) of wealth.Rupert Hoogewerf
Rupert Hoogewerf (born 1970 in Luxembourg), also known by his Chinese name Hu Run (Chinese: 胡润; pinyin: Hú Rùn), is the Chairman and Chief Researcher of Hurun Report, a research, media and investments business, best known for its "Hurun China Rich List", a ranking of the wealthiest individuals in China. A qualified chartered accountant, Hoogewerf worked for seven years at Arthur Andersen, before launching Hurun Report.
Hoogewerf graduated in Chinese and Japanese from Durham University (St Cuthbert's Society) in 1993. He went to Eton College.Hoogewerf founded the China Rich List in 1999 as an independent researcher. Other key lists produced by Hurun Report include the "Hurun Philanthropy List" (est. 2004), a ranking of the most generous individuals in China, and the "Hurun Art List" (est. 2008), a ranking of the top Chinese artists alive today, ranked according to their sales of art at public auction in the past year. The "Hurun Best of the Best Awards" (est. 2005) are the annual awards held in January for brands targeting China's richest.
"Hurun Report" launched the "Hurun Global Rich List", a ranking of the richest individuals in the world in 2012. "Hurun India" was launched in 2012 with the "Hurun India Rich List", the "Hurun India Philanthropy List" and the "Hurun Most Respected Indian Entrepreneurs Awards".
Hoogewerf was awarded the "Person of the Year Award" in 2002 by Neweekly magazine and in September 2009 was presented with the Magnolia Award. Named after Shanghai's official flower, the Magnolia Award is the highest honor bestowed by the city on foreigners.