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    Svetlana Velmar-Janković

    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.[1] Most presidents before 1845 were extremely wealthy, especially Andrew Jackson and George Washington; their wealth was derived from extensive land holdings and slaves. There has never been a property qualification for the Presidency or other federal offices, but, in the early years of the republic, there were property qualifications for voting or for some of the stepping-stone offices to the Presidency, particularly governorships.

    The two Roosevelts, John Kennedy, and Donald Trump were parties to extensive family fortunes. Several other presidents married into substantial fortunes. Presidents since 1929, when Herbert Hoover took office, have generally been wealthier than presidents of the late nineteenth and early twentieth centuries; Hoover was born into poverty but became a multimillionaire (perhaps $100 million in 2022 dollars) due to his mining interests. Lyndon Johnson was born quite poor, but he and his wife were ultimately millionaires (perhaps $100 million in today's money) due to the LBJ Holding Company owning radio and television stations and two banks, as well as owning the LBJ Ranch.

    With the exception of Harry S. Truman, all presidents since 1929 have been millionaires. These presidents have often received income from autobiographies and other writing.[2] 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.[3][4]

    Harry 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.[5] In addition, the presidential pension was created in 1958 when Truman was again experiencing financial difficulties.[6] Harry and Bess Truman received the first Medicare cards in 1966 via the Social Security Act of 1965.[7]

    List of presidents by peak net worth

    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.[8] To allow for a direct comparison, most of the figures have been adjusted for inflation to 2022 U.S. dollars except for the Donald Trump figure.

    Name Net worth
    (millions of 2022 US$)     		Political party[9] Years in office Lifespan
    Donald Trump 7,100[nb 1] Republican 2017–2021
    2025–present     		born 1946
    George Washington 707 None/Independent 1789–1797 1732–1799
    Thomas Jefferson 284 Democratic-Republican 1801–1809 1743–1826
    Barack Obama 250 Democratic 2009–2017 born 1961
    Bill Clinton 241 Democratic 1993–2001 born 1946
    Theodore Roosevelt 168 Republican 1901–1909 1858–1919
    Andrew Jackson 159 Democratic 1829–1837 1767–1845
    James Madison 136 Democratic-Republican 1809–1817 1751–1836
    Lyndon B. Johnson 131 Democratic 1963–1969 1908–1973
    Herbert Hoover 100 Republican 1929–1933 1874–1964
    John F. Kennedy 99 Democratic 1961–1963 1917–1963
    Franklin D. Roosevelt 79 Democratic 1933–1945 1882–1945
    John Tyler 68 Whig / None 1841–1845 1790–1862
    George W. Bush 47 Republican 2001–2009 born 1946
    James Monroe 36 Democratic-Republican 1817–1825 1758–1831
    Martin Van Buren 34 Democratic 1837–1841 1782–1862
    Grover Cleveland 33 Democratic 1885–1889
    1893–1897     		1837–1908
    George H. W. Bush 31 Republican 1989–1993 1924–2018
    John Quincy Adams 27 Democratic-Republican 1825–1829 1767–1848
    John Adams 25 Federalist 1797–1801 1735–1826
    Richard Nixon 20 Republican 1969–1974 1913–1994
    Ronald Reagan 16 Republican 1981–1989 1911–2004
    James K. Polk 13 Democratic 1845–1849 1795–1849
    Dwight D. Eisenhower 10 Republican 1953–1961 1890–1969
    Joe Biden 10[17] Democratic 2021–2025 born 1942
    Gerald Ford 9 Republican 1974–1977 1913–2006
    Jimmy Carter 9 Democratic 1977–1981 1924–2024
    Zachary Taylor 8 Whig 1849–1850 1784–1850
    William Henry Harrison 7 Whig 1841 1773–1841
    Benjamin Harrison 7 Republican 1889–1893 1833–1901
    Millard Fillmore 5 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 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. ^ Trump has claimed to be worth up to $10 billion, but his financial disclosure and campaign statements vary.[10][11] Forbes estimated his net worth at $7.1 billion in 2024.[8][12][13][14] [15][16]

    References

    1. ^ 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.
    2. ^ "Giving, by Donald Trump". Ontheissues.org. Archived from the original on 2015-10-04. Retrieved 2015-09-18.
    3. ^ 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.
    4. ^ 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.
    5. ^ "The 8 poorest US presidents". www.msn.com. Retrieved 2019-05-03.
    6. ^ 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.
    7. ^ "A brief history of Medicare in America". medicareresources.org. 2019-05-01. Archived from the original on 2019-05-02. Retrieved 2019-05-04.
    8. ^ a b "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.
    9. ^ "Presidential Purses - TIME". Time. Archived from the original on 2013-08-27. Retrieved 2015-09-18.
    10. ^ "Donald Trump files disclosure of $10 billion in net worth". reuters.com. 17 May 2016. Retrieved 18 December 2020.
    11. ^ "Donald Trump Claims That He's Worth $10 Billion". nbcnews.com. Retrieved 18 December 2020.
    12. ^ #72 Donald Trump Real Time Net Worth As of 12/9/15, Forbes
    13. ^ "Donald Trump". Forbes. Archived from the original on 2015-05-05. Retrieved 2016-11-12.
    14. ^ "Can Trump Really Use His $7.2 Billion Fortune?". Forbes. Retrieved 2024-03-27.
    15. ^ "The Definitive Net Worth Of Donald Trump". Forbes. Archived from the original on 2017-03-25. Retrieved 2017-03-24.
    16. ^ "How Much Cash Does Donald Trump Really Have". Forbes. Archived from the original on 2022-03-04. Retrieved 2022-03-04.
    17. ^ "How much is President-Elect Biden worth?".

    11. https://afrotech.com/how-barack-obama-increased-his-net-worth-to-70m-after-leaving-office/

    Credit: Wikipedia https://en.wikipedia.org/wiki/List_of_presidents_of_the_United_States_by_net_worth

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