The list of presidents of the United States by net worth at peak varies greatly. Debt and depreciation often means that presidents' net worth is less than $0 at the time of death. Most presidents before 1845 were extremely wealthy, especially Andrew Jackson and George Washington.
Presidents since 1929, when Herbert Hoover took office, have generally been wealthier than presidents of the late nineteenth and early twentieth centuries; with the exception of Harry S. Truman, all presidents since this time have been millionaires. These presidents have often received income from autobiographies and other writing. Except for Franklin D. Roosevelt and John F. Kennedy (both of whom died while in office), all presidents beginning with Calvin Coolidge have written autobiographies. In addition, many presidents—including Bill Clinton—have earned considerable income from public speaking after leaving office.
Truman was among the poorest U.S. presidents, with a net worth considerably less than $1 million. His financial situation contributed to the doubling of the presidential salary to $100,000 in 1949. In addition, the presidential pension was created in 1958 when Truman was again experiencing financial difficulties. Harry and Bess Truman received the first Medicare cards in 1966 via the Social Security Act of 1965.
List of presidents by peak net worth edit
This section needs additional citations for verification. (July 2021)
The figures in the table below are all derived from 24/7 Wall St.'s 2016 valuation of each president's peak net worth. For purposes of 24/7 Wall St.'s valuation, a president's peak net worth may occur after that president has left office. To allow for a direct comparison, all of the figures have been adjusted for inflation to 2022 U.S. dollars.
(millions of 2022 US$)
|Political party||Years in office||Lifespan|
|Donald Trump||3,000[nb 1]||Republican||2017–2021||born 1946|
|Lyndon B. Johnson||131||Democratic||1963–1969||1908–1973|
|John F. Kennedy||99||Democratic||1961–1963||1917–1963|
|Bill Clinton||90||Democratic||1993–2001||born 1946|
|Franklin D. Roosevelt||79||Democratic||1933–1945||1882–1945|
|John Tyler||68||Whig / None||1841–1845||1790–1862|
|Barack Obama||48||Democratic||2009–2017||born 1961|
|George W. Bush||47||Republican||2001–2009||born 1946|
|Martin Van Buren||34||Democratic||1837–1841||1782–1862|
|George H. W. Bush||31||Republican||1989–1993||1924–2018|
|John Quincy Adams||27||Democratic-Republican||1825–1829||1767–1848|
|James K. Polk||13||Democratic||1845–1849||1795–1849|
|Dwight D. Eisenhower||10||Republican||1953–1961||1890–1969|
|Joe Biden||10||Democratic||2021–present||born 1942|
|Jimmy Carter||9||Democratic||1977–1981||born 1924|
|William Henry Harrison||7||Whig||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||1831–1881|
|Chester A. Arthur||<1||Republican||1881–1885||1829–1886|
|Harry S. Truman||<1||Democratic||1945–1953||1884–1972|
See also edit
- Wilson, Gaye. "Monticello Was among the Prizes in a Lottery for a Ruined Jefferson's Relief". www.history.org. Archived from the original on April 9, 2017. Retrieved April 16, 2017.
- "Giving, by Donald Trump". Ontheissues.org. Archived from the original on 2015-10-04. Retrieved 2015-09-18.
- McIntyre, Mike (5 April 2008). "Clintons Made $109 Million in Last 8 Years". The New York Times. Archived from the original on 4 November 2013. Retrieved 15 August 2012.
- Tonner, Andrew (Nov 20, 2020). "The 10 Richest U.S. Presidents -- The Motley Fool". The Motley Fool. Archived from the original on March 13, 2017. Retrieved April 16, 2017.
- Rebecca Seales, Eight ways President Donald Trump will make history Archived 2018-06-12 at the Wayback Machine, BBC News (January 21, 2017).
- Leada Gore, Donald Trump's net worth as he takes office as he leaves Archived 2018-01-09 at the Wayback Machine, AL.com (January 19, 2017).
- "The 8 poorest US presidents". www.msn.com. Retrieved 2019-05-03.
- Isidore, Chris (2017-01-20). "Here's how much Obama's pension is worth". CNNMoney. Archived from the original on 2019-05-03. Retrieved 2019-05-03.
- "A brief history of Medicare in America". medicareresources.org. 2019-05-01. Archived from the original on 2019-05-02. Retrieved 2019-05-04.
- "The Net Worth of the American Presidents: Washington to Trump". 24/7 Wall St. 247wallst.com. November 10, 2016. Archived from the original on April 10, 2019. Retrieved April 10, 2019.
- "Presidential Purses - TIME". Time.com. Archived from the original on 2013-08-27. Retrieved 2015-09-18.
- "Donald Trump files disclosure of $10 billion in net worth". reuters.com. 17 May 2016. Retrieved 18 December 2020.
- "Donald Trump Claims That He's Worth $10 Billion". nbcnews.com. Retrieved 18 December 2020.
- #72 Donald Trump Real Time Net Worth As of 12/9/15, Forbes
- "Donald Trump". Forbes. Archived from the original on 2015-05-05. Retrieved 2016-11-12.
- "The Definitive Net Worth Of Donald Trump". Forbes. Archived from the original on 2017-03-25. Retrieved 2017-03-24.
- "How Much Cash Does Donald Trump Really Have". Forbes. Archived from the original on 2022-03-04. Retrieved 2022-03-04.
- "How much is President-Elect Biden worth?".