List of Presidents of the United States by net worth

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.[1] Most presidents before 1845 were extremely wealthy, including Andrew Jackson, who was born into poverty,[2] and George Washington. Many of these early presidents were landowners, and some of them owned plantations, including slaves.[3][4]

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;[5] 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.[6][7]

The richest president in history is Donald Trump, who is the first billionaire president.[8][9] His net worth, however, is not known precisely because The Trump Organization is privately held and Trump has not disclosed his tax returns.[8][9] By estimate, Trump is wealthier than all former presidents combined.[10][11]

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.[12] His financial state contributed to the doubling of the presidential salary to $100,000 in 1949.[13] Harry S and Bess Truman received the first Medicare Cards in 1966 via the Social Security Act of 1965.[14]

Gwashington.jpeg
George Washington, the first U.S. President and third-wealthiest President.
Alincoln.jpeg
Widely considered one of the greatest U.S. Presidents, Abraham Lincoln was also one of the poorest in terms of net worth.
Harry S. Truman
Harry S. Truman, the poorest U.S. President.
Donald Trump official portrait
Donald Trump, the current and wealthiest U.S. President.

List of presidents by net worth

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.[15] To allow direct comparison, all of the figures have been adjusted for inflation to 2016 dollars.

Name Net worth
(in mill. of 2019 US$)[15]
Political party[16] Years in office Lifespan
Donald Trump 3,100[nb 1][17][18] 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
Thomas Jefferson 236 Democratic-Republican 1801–1809 1743–1826
Theodore Roosevelt 139 Republican 1901–1909 1858–1919
Andrew Jackson 132 Democratic 1829–1837 1767–1845
James Madison 113 Democratic-Republican 1809–1817 1751–1836
Lyndon B. Johnson 109 Democratic 1963–1969 1908–1973
Herbert Hoover 83 Republican 1929–1933 1874–1964
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
James Monroe 30 Democratic-Republican 1817–1825 1758–1831
Martin Van Buren 29 Democratic 1837–1841 1782–1862
Grover Cleveland 28 Democratic 1885–1889
1893–1897
1837–1908
George H. W. Bush 26 Republican 1989–1993 1924–2018
John Quincy Adams 23 Democratic-Republican 1825–1829 1767–1848
John Adams 21 Federalist 1797–1801 1735–1826
Richard Nixon 17 Republican 1969–1974 1913–1994
Ronald Reagan 14 Republican 1981–1989 1911–2004
James K. Polk 11 Democratic 1845–1849 1795–1849
Dwight D. Eisenhower 9 Republican 1953–1961 1890–1969
Gerald Ford 8 Republican 1974–1977 1913–2006
Jimmy Carter 8 Democratic 1977–1981 born 1924
Zachary Taylor 7 Whig 1849–1850 1784–1850
William Henry Harrison 6 Whig 1841–1841 1773–1841
Benjamin Harrison 6 Republican 1889–1893 1833–1901
Millard Fillmore 4 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
James Buchanan <1 Democratic 1857–1861 1791–1868
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
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

Notes

  1. ^ While Trump has claimed to have as much as $10 billion, his financial disclosure and campaign statements vary, and Forbes estimates his net worth at $3.1 billion as of 2016.[15]
  2. ^ "Although he never inherited his father’s fortune, the Kennedy family estate was worth nearly $2 billion. His own personal net worth at the time is calculated to be around $10 million."[15]

References

  1. ^ Wilson, Gaye. "Monticello Was among the Prizes in a Lottery for a Ruined Jefferson's Relief". www.history.org. Retrieved April 16, 2017.
  2. ^ "Andrew Jackson". HISTORY.com. Retrieved 2015-09-18.
  3. ^ "Heritage Auctions Newsletter: George Washington, Landowner". Historical.ha.com. Retrieved 2015-09-18.
  4. ^ "How many presidents owned slaves?". Archived from the original on August 10, 2012. Retrieved August 15, 2012.
  5. ^ "Giving, by Bill Clinton". Ontheissues.org. Retrieved 2015-09-18.
  6. ^ McIntyre, Mike (5 April 2008). "Clintons Made $109 Million in Last 8 Years". The New York Times. Retrieved 15 August 2012.
  7. ^ Tonner, Andrew (Nov 20, 2016). "The 10 Richest U.S. Presidents -- The Motley Fool". The Motley Fool. Retrieved April 16, 2017.
  8. ^ a b Rebecca Seales, Eight ways President Donald Trump will make history, BBC News (January 21, 2017).
  9. ^ a b Leada Gore, Donald Trump's net worth as he takes office and Barack Obama's as he leaves, AL.com (January 19, 2017).
  10. ^ "Donald Trump is richer than all the presidents combined". Retrieved 2017-04-06.
  11. ^ "Donald Trump is Richer than Every U.S. President Combined". Money. Retrieved 2017-04-06.
  12. ^ Isidore, Chris (2017-01-20). "Here's how much Obama's pension is worth". CNNMoney. Retrieved 2019-05-03.
  13. ^ "The 8 poorest US presidents". www.msn.com. Retrieved 2019-05-03.
  14. ^ "A brief history of Medicare in America". medicareresources.org. 2019-05-01. Retrieved 2019-05-04.
  15. ^ a b c d "The Net Worth of the American Presidents: Washington to Trump". 24/7 Wall St. 247wallst.com. November 10, 2016. Retrieved April 10, 2019.
  16. ^ "Presidential Purses - TIME". Time.com. Retrieved 2015-09-18.
  17. ^ "Donald Trump". Forbes. Retrieved 2016-11-12.
  18. ^ "The Definitive Net Worth Of Donald Trump". Forbes. Retrieved 2017-03-24.
Bloomberg Billionaires Index

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.

Presidents
Professional
careers
Personal life
Vice Presidents
Succession
Elections
Candidates
Families
Namesakes, honors
In fiction

This page is based on a Wikipedia article written by authors (here).
Text is available under the CC BY-SA 3.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.