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List of Presidents of the United States by net worth

George Washington, the first U.S. President and second-wealthiest President
Widely considered one of the greatest U.S. Presidents, Abraham Lincoln was also one of the poorest in terms of 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]

Donald Trump, the current and wealthiest U.S. President

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.[3] 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.[4][5]

The richest president in history is Donald Trump, who is the first billionaire president.[6][7] His net worth, however, is not known precisely, because The Trump Organization is privately held and Trump has not disclosed his tax returns.[6][7] By estimate, Trump is wealthier than all former presidents combined.[8][9]

Contents

List of presidents by net worthEdit

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

Name Net worth
(in mill. of 2016 US$)[11][10]
Political party[11] Years in office Lifespan
Donald Trump 3700[nb 1][12][13] Republican since 2017 born 1946
George Washington 580 None 1789–1797 1732–1799
Thomas Jefferson 234 Democratic-Republican 1801–1809 1743–1826
Theodore Roosevelt 138 Republican 1901–1909 1858–1919
Andrew Jackson 131 Democratic 1829–1837 1767–1845
James Madison 112 Democratic-Republican 1809–1817 1751–1836
Lyndon B. Johnson 108 Democratic 1963–1969 1908–1973
Herbert Hoover 82 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
John F. Kennedy 10[nb 2][11] Democratic 1961–1963 1917–1963
Dwight 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 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 alsoEdit

NotesEdit

  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.[10]
  2. ^ "Although he never inherited his father’s fortune, the Kennedy family estate was worth nearly $1 billion. His own personal net worth at the time is calculated to be around $10 million."[10]

ReferencesEdit

  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. ^ McIntyre, Mike (5 April 2008). "Clintons Made $109 Million in Last 8 Years". The New York Times. Retrieved 15 August 2012.
  5. ^ Tonner, Andrew (Nov 20, 2016). "The 10 Richest U.S. Presidents -- The Motley Fool". The Motley Fool. Retrieved April 16, 2017.
  6. ^ a b Rebecca Seales, Eight ways President Donald Trump will make history, BBC News (January 21, 2017).
  7. ^ 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).
  8. ^ "Donald Trump is richer than all the presidents combined". Retrieved 2017-04-06.
  9. ^ "Donald Trump is Richer than Every U.S. President Combined". Money. Retrieved 2017-04-06.
  10. ^ 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.
  11. ^ a b c "Presidential Purses - TIME". Time.com. Retrieved 2015-09-18.
  12. ^ "Donald Trump". Forbes. Retrieved 2016-11-12.
  13. ^ "The Definitive Net Worth Of Donald Trump". Forbes. Retrieved 2017-03-24.