List of United States Presidents by net worth
The wealth of Presidents of the United States has varied considerably, with one president (John F. Kennedy) possibly being a billionaire in 2010 dollars, while some others were not even millionaires.
Most U.S. Presidents before 1845 were extremely wealthy, including Andrew Jackson, who was born into poverty,[1] and George Washington, the richest of the period. Many of these early presidents were landowners, and some of them owned plantations, including their own slaves.[2][3]
The Presidents of the late 19th century and of the 1920s were generally not very wealthy at all, despite the widespread belief that their economic policies benefited the wealthy the most of all.[4][5][6] Many of these were born into poor or middle class families and did not move up the economic ladder significantly during their lifetimes, even though a number of them served as generals in the U.S. Army.[7]
U.S. presidents since 1929 (when Herbert Hoover took office) have generally been wealthier than before; all except Harry Truman were millionaires, and John F. Kennedy, in 24/7 Wall St.'s valuation, was almost twice as wealthy as George Washington. These presidents have often received income from autobiographies and other writing;[8] other than John F. Kennedy and George H. W. Bush, 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.[9]
As indicated in the table, four of the five richest U.S. presidents since 1929 were Democrats. The poorest U.S. president since 1929 (Harry Truman) was also a Democrat.[10]
The net worth figures in the table below are all from 24/7 Wall St.'s 2010 valuation, except for the lower figure for John F. Kennedy, which comes from the Christian Science Monitor.
| Name | Net worth (in millions of 2010 U.S. dollars)[10] | Political party[10] | Years in office | Lifespan |
|---|---|---|---|---|
| John F. Kennedy | 125[11]–1,000[10] | Democratic | 1961–1963 | 1917–1963 |
| George Washington | 525 | None | 1789–1797 | 1732–1799 |
| Thomas Jefferson | 212 | Democratic-Republican | 1801–1809 | 1743–1826 |
| Theodore Roosevelt | 125 | Republican | 1901–1909 | 1858–1919 |
| Andrew Jackson | 119 | Democratic | 1829–1837 | 1767–1845 |
| James Madison | 101 | Democratic-Republican | 1809–1817 | 1751–1836 |
| Lyndon Johnson | 98 | Democratic | 1963–1969 | 1908–1973 |
| Herbert Hoover | 75 | Republican | 1929–1933 | 1874–1964 |
| Franklin D. Roosevelt | 60 | Democratic | 1933–1945 | 1882–1945 |
| John Tyler | 51 | Whig | 1841–1845 | 1790–1862 |
| Bill Clinton | 55 | Democratic | 1993–2001 | 1946–present |
| James Monroe | 27 | Democratic-Republican | 1817–1825 | 1758–1831 |
| Martin Van Buren | 26 | Democratic | 1837–1841 | 1782–1862 |
| Grover Cleveland | 25 | Democratic | 1885–1889 and 1893–1897 | 1837–1908 |
| George H. W. Bush | 23 | Republican | 1989–1993 | 1924–present |
| John Quincy Adams | 21 | Democratic-Republican | 1825–1829 | 1767–1848 |
| George W. Bush | 20 | Republican | 2001–2009 | 1946–present |
| John Adams | 19 | Federalist | 1797–1801 | 1735–1826 |
| Richard Nixon | 15 | Republican | 1969–1974 | 1913–1994 |
| Ronald Reagan | 13 | Republican | 1981–1989 | 1911–2004 |
| James K. Polk | 10 | Democratic | 1845–1849 | 1795–1849 |
| Dwight Eisenhower | 8 | Republican | 1953–1961 | 1890–1969 |
| Gerald Ford | 7 | Republican | 1974–1977 | 1913–2006 |
| Jimmy Carter | 7 | Democratic | 1977–1981 | 1924–present |
| Zachary Taylor | 6 | Whig | 1849–1850 | 1784–1850 |
| William Henry Harrison | 5 | Whig | 1841–1841 | 1773–1841 |
| Benjamin Harrison | 5 | Republican | 1889–1893 | 1833–1901 |
| Barack Obama | 5 | Democratic | 2009–present | 1961–present |
| Millard Fillmore | 4 | Whig | 1850–1853 | 1800–1874 |
| Rutherford B. Hayes | 3 | Republican | 1877–1881 | 1822–1893 |
| William H. 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 | 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 Arthur | <1 | Republican | 1881–1885 | 1829–1886 |
| Woodrow Wilson | <1 | Democratic | 1913–1921 | 1856–1924 |
| Calvin Coolidge | <1 | Republican | 1923–1929 | 1872–1933 |
| Harry Truman | <1 | Democratic | 1945–1953 | 1884–1972 |
Similar articles[edit]
References[edit]
- ^ Andrew Jackson — History.com Articles, Video, Pictures and Facts
- ^ Historical News: George Washington, Landowner
- ^ Which U.S. Presidents Owned Slaves?
- ^ James Garfield (1831-1881)
- ^ 30. Calvin Coolidge . . WGBH American Experience | PBS
- ^ Calvin Coolidge: Why are Republicans so obsessed with him? - Slate Magazine
- ^ Abraham Lincoln: Biography from Answers.com
- ^ Giving, by Bill Clinton
- ^ McIntyre, Mike (5 April 2008). "Clintons Made $109 Million in Last 8 Years". The New York Times. Retrieved 15 August 2012.
- ^ a b c d Presidential Purses - TIME
- ^ The Net Worth Of The American Presidents: Washington to Obama, 24/7 Wall St.
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