List of richest American politicians

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This list of richest American politicians includes current and former office-holders and political appointees, and is not necessarily adjusted for inflation. Estimated wealth is at least $100 million in 2012 dollars, for all the people listed here. The amounts listed here do not necessarily pertain to the politicians' time in office (i.e. some of them may have gotten much richer later on, or lost their money before they ran for office).

Presidents[edit]

Name Party Position Date(s) Estimated wealth (adjusted for inflation) Notes
George Washington Independent U.S. President 1789–1797 $525 million[1]
Theodore Roosevelt Republican U.S. President 1901–1909 $125 million[1] Born wealthy
Andrew Jackson Democrat U.S. President 1829–1837 $119 million[1] Married wealthy spouse, owned slaves, successful property owner
Thomas Jefferson Democratic-Republican U.S. President 1801–1809 $212 million[1] Inherited land and slaves, but by old age was bankrupt.
James Madison Democratic-Republican U.S. President 1809–1817 $101 million[1] At age 50, Madison inherited land and slaves from his father
John F. Kennedy Democrat U.S. President 1961–1963 $124 million[2] Born wealthy

Unsuccessful presidential candidates[edit]

Name Party Position Date(s) Estimated wealth (not necessarily adjusted for inflation so comparing to each other is speculative) Notes
Steve Forbes Republican Board for International Broadcasting,
Candidate for US President
1985–1993,
1996 and 2000
$430 million[3] Editor and publisher
Ross Perot Reform Select Committee on Public Education,
Candidate for US President
1983,
1992 and 1996
$3.5 billion[4] Founded Electronic Data Systems and Perot Systems
Mitt Romney Republican Governor of Massachusetts,
Candidate for US President
2003–2007,
2008 and 2012
$190–250 million[5] Former CEO of Bain & Company and Bain Capital
John Kerry Democrat US Senator from Massachusetts,
Candidate for US President,
Secretary of State
1985–2013,
2004
2013-present
$193 million[6] His wife Teresa Heinz is the widow of the ketchup heir H. John Heinz III
John Hancock Federalist Governor of Massachusetts,
Candidate for US President
1780–1785 and 1787–1793,
1789
$100 million[7]
Ted Kennedy Democrat US Senator from Massachusetts,
Candidate for US President
1962–2009,
1980
$163 million[8] Inherited much wealth including a share of Merchandise Mart worth tens of millions.
Al Gore Democrat US Senator from Tennessee,
Vice President of the United States,
Candidate for US President
1985–1993,
1993–2001,
2000
$100 million[9] Corporate advisor, started cable company and an asset management firm.
Nelson Rockefeller Republican Governor of New York,
Vice President of the United States,
Candidate for US President
1959–1973,
1974–1977,
1960s
$1 billion[10] Inherited much money. His grandfather, John D. Rockefeller, was extremely wealthy.
Samuel J. Tilden Democrat Governor of New York,
Candidate for US President
1875–1876,
1876
$200 million[11] His fortune was $8.5 million when he died in 1886. That comes to $200,000,000 in 2010.
James M. Cox Democrat Governor of Ohio,
Candidate for US President
1913–1915 and 1917–1921,
1920
$350 million[12] His fortune was $40 million in 1950. That comes to $350,000,000 in 2010.

Other U.S. politicians[edit]

Name Party Position Date(s) Estimated wealth (not necessarily adjusted for inflation so comparing to each other is speculative) Notes
Michael Bloomberg Independent Mayor of New York City 2002–2013[13] $31 billion[14] Founder of Bloomberg L.P.
Amo Houghton Republican Representative from New York 1987–2005 $475 million[15] Former CEO of Corning Glass Works (now Corning Incorporated)
Arnold Schwarzenegger Republican Governor of California 2003–2011 $300–400 million Actor
Joseph P. Kennedy, Sr. Democrat United States Ambassador to the United Kingdom 1938–1940 $200–400 million[16] Investor, banker and liquor transporter
Jon Corzine Democrat US Senator from New Jersey,
Governor of New Jersey
2001–2006,
2006–2010
$300 million[15] Former CEO of Goldman Sachs
Michael McCaul Republican Representative from Texas 2005–present $294 million[6] Son-in-law of Clear Channel Communications founder Lowry Mays
Darrell Issa Republican Candidate for US Senator from California,
Representative from California
1998,
2001–present
$220 million[6] Founder of Directed Electronics
Carl Paladino Republican Buffalo Public Schools board of education member,
Candidate for Governor of New York
2010–present $150 million[17] Retail real estate developer
Rick Scott Republican Governor of Florida 2011–present $103 million[18] Founder of Columbia Hospital Corporation

See also[edit]

References[edit]

  1. ^ a b c d e "The Net Worth of the U.S. Presidents: From Washington to Obama". The Atlantic. May 20, 2010. Retrieved August 18, 2012. 
  2. ^ Glen Vecchione, The Little Giant Book of American Presidents, page 135 (Sterling Publishing Company 2007).
  3. ^ "Mitt Romney to Report Financial Assets of at Least $190 Million". Associated Press. May 11, 2007. Retrieved August 18, 2012. 
  4. ^ "Henry Ross Perot - Forbes". Forbes.com. March 9, 2011. Retrieved May 16, 2011. 
  5. ^ "Romney would rank among richest presidents ever". January 28, 2012. Retrieved May 23, 2012. 
  6. ^ a b c "The 50 Richest Members of Congress (2011)". Roll Call. Retrieved May 23, 2012. 
  7. ^ Robert Leckie. George Washington's War: The Saga of the American Revolution, page 53 (HarperCollins 1993).
  8. ^ "Ted Kennedy, RIP". Slate. August 26, 2009. Retrieved May 17, 2012. 
  9. ^ "Bill Clinton, Al Gore Get Rich After White House", ABC News (June 15, 2007).
  10. ^ Geri Spieler, Taking Aim at the President: The Remarkable Story of the Woman Who Shot at Gerald Ford, page 135 (Macmillan 2008).
  11. ^ Rossiter Johnson and John Howard Brown. The Twentieth Century Biographical Dictionary of Notable Americans (Biographical Society 1904).
  12. ^ “Dayton Daily News history: James M. Cox, Publisher”, Dayton Daily News. Accessed August 19, 2012.
  13. ^ http://www.newsday.com/news/new-york/de-blasio-era-begins-in-new-york-city-1.6702343
  14. ^ "Michael Bloomberg". Forbes. September 2013. Retrieved October 1, 2013. 
  15. ^ a b A Look at America's Richest Politicians. ABC News.
  16. ^ Smith, Richard Austin (November 1, 1957). "The Fifty-Million-Dollar Man, (sidebar: "America's Biggest Fortunes")". Fortune. 
  17. ^ [1]
  18. ^ "Gov. Rick Scott's net worth drops by $115 million". St. Petersburg Times. July 6, 2011. Retrieved July 21, 2011.