List of richest American politicians
Appearance
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
Name | Party | Position | Date(s) | Estimated wealth (adjusted for inflation) | Notes |
---|---|---|---|---|---|
Donald Trump | Republican | President | 2017–present | $3.1 billion (in dispute) [1] | Inheritance, business, real estate, reality TV, and marketing |
George Washington | Independent | President | 1789–1797 | $525 million[2] | Inheritance, business, and marriage. |
Thomas Jefferson | Democratic-Republican | President | 1801–1809 | $212 million (died bankrupt)[2] | Inheritance, business. |
John F. Kennedy | Democratic | President | 1961–1963 | $124 million[3] | Inheritance. |
Theodore Roosevelt | Republican | President | 1901–1909 | $125 million[2] | Inheritance. |
Andrew Jackson | Democratic | President | 1829–1837 | $119 million[2] | Marriage, business, and real estate. |
James Madison | Democratic-Republican | President | 1809–1817 | $101 million[2] | Inheritance, business. |
Unsuccessful presidential candidates
Name | Party | Position | Date(s) | Estimated wealth (not adjusted for inflation) | Notes |
---|---|---|---|---|---|
Hillary Clinton | Democratic | First Lady, U.S. Senator from New York, Secretary of State, Candidate for U.S. President |
1993–2001, 2001–2009, 2009–2013, 2008 and 2016 |
$52–111 million[4] | Paid speeches, book deals, Clinton Foundation proceeds/skimming. |
Mitt Romney | Republican | Candidate for U.S. Senator from Utah and Massachusetts, Governor of Massachusetts, Candidate for U.S. President |
1994, 2003–2007, 2008 and 2012, 2018 |
$190–250 million[5] | Son of Michigan Governor George W. Romney. Former CEO of Bain Capital and Bain & Company. |
John Kerry | Democratic | U.S. Senator from Massachusetts, Candidate for U.S. President, Secretary of State |
1985–2013, 2004 2013–2017 |
$200 million[6] | Marriage. Current wife, Teresa Heinz, is the widow of H. John Heinz III, heir to H. J. Heinz Company. |
Al Gore | Democratic | U.S. Senator from Tennessee, Vice President, Candidate for U.S. President |
1985–1993, 1993–2001, 1988 and 2000 |
$200 million[7] | Inheritance. Son of attorney and US Senator Albert Gore Sr. who owned a stake in Occidental Petroleum, book and film deals. |
Steve Forbes | Republican | Board for International Broadcasting, Candidate for U.S. President |
1985–1993, 1996 and 2000 |
$430 million[8] | Editor and publisher. |
Ross Perot | Reform | Select Committee on Public Education, Candidate for U.S. President |
1983, 1992 and 1996 |
$4.1 billion[9] | Founded Electronic Data Systems and Perot Systems. |
Ted Kennedy | Democratic | U.S. Senator from Massachusetts, Candidate for U.S. President |
1962–2009, 1980 |
$163 million[10] | Inherited much wealth – including a stake in The Chicago Merchandise Mart. |
Nelson Rockefeller | Republican | Governor of New York, Vice President, Candidate for U.S. President |
1959–1973, 1974–1977, 1960s |
$1 billion[11] | Inheritance. Grandson of John D. Rockefeller. |
James M. Cox | Democratic | Governor of Ohio, Candidate for U.S. President |
1913–1915 and 1917–1921, 1920 |
$40 million (D. 1950)[12] | Founded a chain of newspapers that continues today as Cox Enterprises, a media conglomerate. |
Samuel J. Tilden | Democratic | Governor of New York, Candidate for U.S. President |
1875–1876, 1876 |
$8.5 million(D. 1886)[13] | Inheritance. His father and other family members were the makers of Tilden's Extract, a popular patent medicine of the 1800s and early 1900s. Law practice, investments |
John Hancock | Federalist | Governor of Massachusetts, Candidate for U.S. President |
1780–1785 and 1787–1793, 1789 |
$100 million[14] | Inherited much wealth – including a profitable mercantile business from his uncle. |
Other U.S. politicians
Name | Party | Position | Date(s) | Estimated wealth (not adjusted for inflation) | Notes |
---|---|---|---|---|---|
Michael Bloomberg | Democratic | Mayor of New York City | 2002–2013[15] | $47.5 billion[16] | Founder of Bloomberg L.P. |
David Koch | Republican | Libertarian nominee for Vice President | 1980 | $44.2 billion[17][18] | Son of Fred Koch, founder of Koch Industries; VP of Koch Industries |
J.B. Pritzker | Democratic | Candidate for Governor of Illinois | 2018 | $3.5 billion[19] | Inheritance, family owns the Hyatt hotel chain |
Penny Pritzker | Democratic | Secretary of Commerce | 2013–2017 | $2.5 billion[20] | Founder of PSP Capital Partners and Pritzker Realty Group |
Wilbur Ross | Republican | Secretary of Commerce | 2017–present | $2.5 billion[21] | Serial investor |
Bill Haslam | Republican | Mayor of Knoxville, Governor of Tennessee |
2003-2011, 2011–present |
$2 billion[22] | Former CEO of the e-commerce and catalog division of Saks Fifth Avenue; Son of Jim Haslam, founder of Pilot Corporation |
Mark Dayton | Democratic | State Auditor of Minnesota, U.S. Senator from Minnesota, Governor of Minnesota |
1991–1995, 2001–2007, 2011–present |
$1.6 billion | Great grandson of George Dayton, the founder of Target[23] |
Jim Justice | Republican with a year intermission as Democratic | Governor of West Virginia | 2017–present | $1.59 billion[24] | Inheritance, coal and agriculture holdings, The Greenbrier resort |
Betsy DeVos | Republican | Secretary of Education | 2017–present | $1.25 billion[21] | Daughter of Edgar Prince, founder of Prince Corporation; Daughter-in-law of Richard DeVos, co-founder of Amway; sister of Erik Prince, founder of Blackwater USA |
Linda McMahon | Republican | Administrator of the Small Business Administration | 2017–present | $938 million-1.1 billion [25] | Married to Vince McMahon, who inherited the professional wrestling business founded by his grandfather Jess McMahon and now known as WWE |
Bruce Rauner | Republican | Governor of Illinois | 2015–present | $500 million+ | Chairman of GTCR |
Amo Houghton | Republican | Representative from New York | 1987–2005 | $475 million[26] | Great-great-grandson of Amory Houghton, Sr., founder of Corning Glass Works; Former CEO of Corning Glass Works |
Jared Polis | Democratic | Representative from Colorado | 2009–present | $388 million[27] | Founder of ProFlowers |
Rex Tillerson | Republican | Secretary of State | 2017–2018 | $325 million[21] | Former CEO of ExxonMobil |
Greg Gianforte | Republican | Representative from Montana | 2017–present | $315 million[28] | Founder of RightNow Technologies |
Jon Corzine | Democratic | US Senator from New Jersey, Governor of New Jersey |
2001–2006, 2006–2010 |
$300 million[26] | Former CEO of Goldman Sachs |
Steven Mnuchin | Republican | Secretary of the Treasury | 2017–present | $300 million[21] | Former executive of Goldman Sachs |
Michael McCaul | Republican | Representative from Texas | 2005–present | $294 million[6] | Son-in-law of Lowry Mays, founder of Clear Channel Communications |
Mark Warner | Democratic | U.S. Senator from Virginia, Governor of Virginia |
2009–present, 2002-2006 |
$243 million[29] | Co-Founder of Nextel Communications |
Darrell Issa | Republican | Candidate for U.S. Senator from California, Representative from California |
1998, 2001–present |
$220 million[6] | Businessman; founder of Directed Electronics |
Joseph P. Kennedy, Sr. | Democratic | U.S. Ambassador to the U.K. | 1938–1940 | $200–400 million[30] | Investor, banker, filmmaker |
Carl Paladino | Republican | Buffalo Public Schools board of education member, Candidate for Governor of New York |
2010–2017 | $150 million[31] | Retail real estate developer |
Rick Scott | Republican | Governor of Florida | 2011–present | $147 million[32] | Founder of Columbia Hospital Corporation |
Arnold Schwarzenegger | Republican | Governor of California | 2003–2011 | $100–$200 million[33] | Real estate, acting |
See also
- List of current members of the United States Congress by wealth
- List of Presidents of the United States by net worth
- List of people who received an electoral vote in the United States Electoral College
- Historic values of the U.S. dollar
References
- ^ "#156 Donald Trump".
- ^ 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.
- ^ Glen Vecchione, The Little Giant Book of American Presidents, page 135 (Sterling Publishing Company 2007).
- ^ Hillary Clinton net worth, moneynation.com; accessed September 16, 2016.
- ^ "Romney would rank among richest presidents ever". USA Today. January 28, 2012. Retrieved May 23, 2012.
- ^ a b c "The 50 Richest Members of Congress (2011)". Roll Call. Retrieved May 23, 2012.
- ^ "Bill Clinton, Al Gore Get Rich After White House", ABC News (June 15, 2007).
- ^ "Mitt Romney to Report Financial Assets of at Least $190 Million". Associated Press. May 11, 2007. Retrieved August 18, 2012.
- ^ "Henry Ross Perot profile". Forbes.com. Retrieved August 16, 2016.
- ^ "Ted Kennedy, RIP". Slate. August 26, 2009. Retrieved May 17, 2012.
- ^ Geri Spieler, Taking Aim at the President: The Remarkable Story of the Woman Who Shot at Gerald Ford, page 135 (Macmillan 2008)
- ^ Dayton Daily News history: James M. Cox, Publisher", Dayton Daily News; accessed August 19, 2012.
- ^ Rossiter Johnson and John Howard Brown. The Twentieth Century Biographical Dictionary of Notable Americans (Biographical Society 1904).
- ^ Robert Leckie. George Washington's War: The Saga of the American Revolution, page 53 (HarperCollins 1993).
- ^ "De Blasio era begins in New York City". Newsday. 2014-01-01. Retrieved 2016-09-17.
- ^ "Michael Bloomberg". Forbes. Retrieved 2016-09-08.
- ^ Alex Morrell. "David Koch". Forbes.com. Retrieved 2015-06-10.
- ^ "David Koch". Forbes.com. Retrieved March 25, 2015.
- ^ "Jay Robert (J.B.) Pritzker". Forbes.com. Forbes. Retrieved 2018-07-21.
- ^ "Penny Pritzker". Forbes.com. Forbes. Retrieved 2017-06-21.
- ^ a b c d Peterson-Withorn, Chase (2016-12-22). "Here's What Each Member Of Trump's $4.5 Billion Cabinet Is Worth". Forbes.com. Forbes. Retrieved 2017-02-05.
- ^ "The richest politician in America is the governor of Tennessee". Retrieved October 31, 2015.
- ^ "America's Richest Families". Forbes.com. Forbes. Retrieved August 19, 2015.
#157 Dayton Family 1.6 B
- ^ "Jim Justice, II". Forbes.com. Retrieved November 9, 2016.
- ^ http://www.ctpost.com/local/article/Linda-and-Vince-McMahon-disclose-billion-in-assets-11050232.php
- ^ a b A Look at America's Richest Politicians, ABC News; accessed November 11, 2016.
- ^ "Rep. Jared Polis (D-CO)". members-of-congress.insidegov.com. Retrieved 2016-05-26.
- ^ "What you need to know about House candidate Greg Gianforte and Montana's special election". Retrieved 2017-06-21.
- ^ "Sen. Mark R. Warner (D-VA)". members-of-congress.insidegov.com. Retrieved 2016-05-26.
- ^ Smith, Richard Austin (November 1, 1957). "The Fifty-Million-Dollar Man, (sidebar: "America's Biggest Fortunes")". Fortune.
- ^ Peters, Jeremy W. (April 5, 2010). "Conservative Developer Joins Race for Governor". The New York Times.
- ^ Rick Scott's net worth grows to $147 million, miamiherald.com (July 2015).
- ^ Williams, Lance (August 17, 2003). "Schwarzenegger worth $100 million, experts say". San Francisco Chronicle. Archived from the original on March 28, 2008. Retrieved April 18, 2008.
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