List of Presidents of the United States by net worth

Last updated on 9 July 2017

The peak wealth of Presidents of the United States has varied considerably. Debt and depreciation often meant that Presidents often had a negative net worth at the time of their deaths.[1]

Most U.S. 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 their own 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 received considerable income from public speaking after retirement, such as Bill Clinton.[6][7]

The richest president in U.S. history is incumbent President Donald Trump, who is the first billionaire president.[8][9] The exact extent of Trump's net worth, however, is unknown, due to the Trump Organization being privately-held.[8][9] Trump is also wealthier than all former U.S. presidents combined.[10][11]

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

Donald Trump Pentagon 2017.jpg
Donald Trump, the current and wealthiest U.S. President
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

List of presidents by net worth

Name Net worth
(in mill. of 2016 US$)[13][12]
Political party[13] Years in office Lifespan
Trump, DonaldDonald Trump 3,500[nb 1][14][15] Republican from 2017 born 1946
Kennedy, John F.John F. Kennedy 1,000[nb 2][13] Democratic 1961–1963 1917–1963
Washington, GeorgeGeorge Washington 580 None 1789–1797 1732–1799
Jefferson, ThomasThomas Jefferson 234 Democratic-Republican 1801–1809 1743–1826
Roosevelt, TheodoreTheodore Roosevelt 138 Republican 1901–1909 1858–1919
Jackson, AndrewAndrew Jackson 131 Democratic 1829–1837 1767–1845
Madison, JamesJames Madison 112 Democratic-Republican 1809–1817 1751–1836
Johnson, Lyndon B.Lyndon B. Johnson 108 Democratic 1963–1969 1908–1973
Hoover, HerbertHerbert Hoover 82 Republican 1929–1933 1874–1964
Clinton, BillBill Clinton 75 Democratic 1993–2001 born 1946
Roosevelt, Franklin D.Franklin D. Roosevelt 66 Democratic 1933–1945 1882–1945
Tyler, JohnJohn Tyler 57 Whig 1841–1845 1790–1862
Bush, George W.George W. Bush 39 Republican 2001–2009 born 1946
Monroe, JamesJames Monroe 30 Democratic-Republican 1817–1825 1758–1831
Buren, Martin VanMartin Van Buren 29 Democratic 1837–1841 1782–1862
Cleveland, GroverGrover Cleveland 28 Democratic 1885–1889
1893–1897
1837–1908
Bush, George H. W.George H. W. Bush 26 Republican 1989–1993 born 1924
Adams, John QuincyJohn Quincy Adams 23 Democratic-Republican 1825–1829 1767–1848
Adams, JohnJohn Adams 21 Federalist 1797–1801 1735–1826
Nixon, RichardRichard Nixon 17 Republican 1969–1974 1913–1994
Reagan, RonaldRonald Reagan 14 Republican 1981–1989 1911–2004
Polk, James K.James K. Polk 11 Democratic 1845–1849 1795–1849
Eisenhower, DwightDwight Eisenhower 9 Republican 1953–1961 1890–1969
Obama, BarackBarack Obama 9 Democratic 2009–2017 born 1961
Ford, GeraldGerald Ford 8 Republican 1974–1977 1913–2006
Carter, JimmyJimmy Carter 8 Democratic 1977–1981 born 1924
Taylor, ZacharyZachary Taylor 7 Whig 1849–1850 1784–1850
Harrison, William HenryWilliam Henry Harrison 6 Whig 1841–1841 1773–1841
Harrison, BenjaminBenjamin Harrison 6 Republican 1889–1893 1833–1901
Fillmore, MillardMillard Fillmore 4 Whig 1850–1853 1800–1874
Hayes, Rutherford B.Rutherford B. Hayes 3 Republican 1877–1881 1822–1893
Taft, William HowardWilliam Howard Taft 3 Republican 1909–1913 1857–1930
Pierce, FranklinFranklin Pierce 2 Democratic 1853–1857 1804–1869
McKinley, WilliamWilliam McKinley 1 Republican 1897–1901 1843–1901
Harding, Warren G.Warren G. Harding 1 Republican 1921–1923 1865–1923
Buchanan, JamesJames Buchanan <1 Democratic 1857–1861 1791–1868
Lincoln, AbrahamAbraham Lincoln <1 National Union / Republican 1861–1865 1809–1865
Johnson, AndrewAndrew Johnson <1 National Union / Democratic 1865–1869 1808–1875
Grant, Ulysses S.Ulysses S. Grant <1 Republican 1869–1877 1822–1885
Garfield, JamesJames Garfield <1 Republican 1881–1881 1831–1881
Arthur, Chester A.Chester A. Arthur <1 Republican 1881–1885 1829–1886
Wilson, WoodrowWoodrow Wilson <1 Democratic 1913–1921 1856–1924
Coolidge, CalvinCalvin Coolidge <1 Republican 1923–1929 1872–1933
Truman, Harry S.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 $3.7 billion.[12]
  2. ^ "Although he never inherited his father’s fortune, the Kennedy family estate was worth nearly $1 billion."[12]

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. ^ a b c d "The Net Worth of American Presidents: Washington to Trump". 24/7 Wall St. WordPress.com. November 10, 2016. Retrieved November 12, 2016.
  13. ^ a b c "Presidential Purses - TIME". Time.com. Retrieved 2015-09-18.
  14. ^ "Donald Trump". Forbes. Retrieved 2016-11-12.
  15. ^ "The Definitive Net Worth Of Donald Trump". Forbes. Retrieved 2017-03-24.

Content from Wikipedia