These Are the 25 Wealthiest Presidents of the United States
Donald Trump was elected President of the United States in 2016 following a tumultuous election. Trump, on the other hand, became the wealthiest President in the US (United States)Â of America as soon as he assumed office. As a result, it’s natural to wonder how much the 45th President is worth. And how much money did the previous presidents have in the bank? As a result, we’ve made a list of the 25 wealthiest presidents in the history of America.
The Net Worth Figures Are in Today’s Dollars
We must first define some standards before moving on to the list. The presidents’ net worth is an assessment of their expected value in 2019 USD for those who are no longer alive. Those who are alive have their net worth calculated using accurate and up-to-date sources.
So, let’s start, shall we?
Gerald Ford: $7 Million
Gerald Ford (1974-1977) was a politician who dedicated his life to the cause. Following Robert Nixon’s infamous Watergate Scandal, Ford was elected to the White House’s Oval Office. Ford visited a lot of events and led a lot of organizations while he was President. That gave him a million dollars and increased his net value to $7 million.
Dwight Eisenhower: $8 Million
From 1953 until 1961, Dwight D. Eisenhower served as the 34th US president. Eisenhower was an Army Commander that worked as a Supreme Commander Army Forces in Europe during War. He was neither a businessman nor a seasoned politician. It is possible that the President’s income sprang from his Army career as well as the farm he held near Gettysburg, Pennsylvania.
James K. Polk: $11 Million
From 1845 to 1849, James K Polk was the eleventh President of the United States. Polk made a lot of money by becoming the Leader of the Party, through his position as Governor of Tennessee, and even from his 920 acres, despite inheriting a large amount of fortune from his father.
Ronald Reagan: $15 Million
Ronald Reagan started his acting career before entering politics. Prior to being the 49th President to the United States of America, Ronald Reagan was the 33rd Governor of California for 2 terms, 8 years total. Reagan possessed assets worth approximately US $11 million before assuming the presidency. As President, he was able to increase the figure by over US$ 15 million.
Richard Nixon: $17 Million
Richard Nixon was the 37th President of the United States, serving from 1969 to 1974. Nixon’s money expanded rapidly when he became President: in less than five years, he amassed a fortune of more than US$ 17 million. Tax write-offs and also the real estate company he worked through became the most major sources of his riches.
John Adams: $19 Million
Next on the list of the wealthiest US presidents is John Adams, the country’s second president. John Adams was one of the forefathers of the United States of America. Adams earned US$ 19 million in his bank account when he left office. This substantial amount of the money comes with his and his wife’s heritage, including the one farmland he owned, Peacefield.
John Quincy Adams: $23 Million
John Quincy Adams, a son of a rich father, John Adams, received virtually all of his father’s wealth. Not only that, but his wife came from a well-to-do family. This brought the total approximately US$ 23 million.
George H.W. Bush: $26 Million
Former C.I.A. Director George H.W. Bush, the 41st US president, already was a millionaire before becoming President of the United States, thanks to the oil sector. When Bush was elected President in 1988, his fortune began to expand quickly as a result of paid events, speeches and serving on corporate boards. The former President had roughly US$ 26 million in the bank at the time he left office.
James Monroe: $27 Million
President James Monroe, who served between 1817 to 1825, had been one of few Presidents who amassed significant money as a result of their marriage. The highest executive position in the United States merely added to that. Monroe first had sold his 3,500-acre farm to settle his obligations when he left office, although he still had roughly US$ 27 million in his bank account.
Grover Cleveland: $28 Million
Grover Cleveland, who identified two non-consecutive terms as President, amassed a fortune of US$ 28 million from three sources: I his exceptional legal abilities, ii) his marriage to a woman from a reputable family, and ii) the sale of a fine patch of property near Washington, D.C. that netted him a significant sum of money. As a result of all of this, his net worth has risen to US$ 28 million.
Martin Van Buren: $29 Million
Martin Van Buren, the 8th US president, was a statesman who amassed a fortune of approximately 29 Us Dollars million at the end of his death. There isn’t much that caused his income to grow as President, thus it’s safe to assume that Buren earned his money via his great career as a lawyer and politician.
George W. Bush: $35 Million
George W. Bush, a son to George H.W. Bush, built his fortune in the oil sector, as did his father, and even went on to start his own oil company, Bush Exploration. Furthermore, after leaving the White House, Bush purchased the Texas Rangers, a baseball team. The massive Us$ million he now owns in his banks was owing to these two income sources.
Barack Obama: $40 Million
Barack Obama, unlike his predecessors, did not make a lot of money before or during his time as US president. However, after Obama’s term ended, his fortune began to rise, thanks in part to books he wrote as well as subsequent speeches. That’s why, by 2018, his bank accounts had accumulated a staggering US$ 40 million.
John Tyler: $57 Million
After William Henry Harrison’s death, John Tyler was elected 10th President of the United States, serving from 1841 until 1845. John Tyler’s fortune of US$ 57 million came from a 1,000-acre farm that produced a substantial amount of tobacco, as well as his wife, who came from a wealthy family.
Franklin Delano Roosevelt: $60 Million
Franklin Delano Roosevelt, as 32nd President of the United States, was born into a very rich family. Both of his parents came from wealthy and affluent backgrounds. Not only that, but his wife, Eleanor, hailed from a wealthy family as well. He was so valued at US$ 60 million at his height.
Herbert Hoover: $75 million
Herbert Hoover, who was President of the United States between 1929 to 1933, earned a bachelor’s degree from Stanford University’s inaugural geology class. Following his schooling, Hoover followed a career in the mining industry, which he was highly successful in. Working for a number of mining enterprises, Herbert Hoover soon discovered himself on the path to a large fortune. He eventually went on to start his own mining company, which eventually became a member of a Rio Tinto Group. Hoover seized nearly total control of the world’s mining operations with his booming mining enterprise. As a result, he amassed a wealth of US$ 75 million.
Bill Clinton: $80 million
Also on the list of the wealthiest US presidents is Bill Clinton. Though he amassed a sizable fortune under his presidency, his fortune has risen after he left office. Bill Clinton continues to collect huge sums of money while leaving the highest governmental office, thanks to his exorbitantly priced book royalties and other public appearances, which totaled in the millions. To put it in perspective, Clinton received a US$ 15 million advance book deal for his autobiography “My Life” in 2007. It’s no surprise, then, considering its net worth is a staggering US$ 80 million.
Lyndon B. Johnson: $98 million
Lyndon B. Johnson was born into an impoverished household in Texas. His fortune began to shine after he found a partner from a wealthy family. Claudia, commonly called as Lady Bird, became interested in business and put a portion of her wealth in the Texas radio and television sector. These investments yielded a big value of around US$ 150 million for the pair. Johnson is also accused of abusing his position to further his and his family’s interests.
James Madison: $101 million
James Madison was also one of the people in the country who possessed significant tracts of land. Madison was undoubtedly Virginia’s most powerful landowner. As a result, he amassed a fortune worth US$ 101 million. When he was President, his fortune grew exponentially. When he left the presidency, however, he was forced to sell his slaves and some land due to falling cigarette prices and financial mismanagement. Despite this, he was one of few Presidents whose net worth exceeded $100 million.
Andrew Jackson: $119 million
Andrew Jackson rose to prominence as a commander for the Us Army and a member of both households’ US Congress before climbing to the president. Although Jackson has been an attorney by profession, he did not fare well in life. In 1804, he purchased Hermitage, a beautiful tract of land in Tennessee. His slaves, who numbered in the hundreds, looked after his Hermitage estate, which was primarily cotton. Andrew Jackson amassed a fortune of US$ 119 million through doing so, as well as investing in other enterprises.
Theodore Roosevelt: $125 million
Franklin D. Roosevelt had a relative named Theodore Roosevelt. He was born into a wealthy New York family, and as a result, he inherited a large sum of money. Teddy’s determination to be a great businessman set him apart from the entire family. Teddy Roosevelt put his money into a variety of businesses with those goals in mind. All of this added out to a net worth of US$ 125 million, not including the Presidential Office.
Thomas Jefferson: $212 million
Like his contemporaries, Thomas Jefferson, the designer of the Declaration of Sentiments and a Forefather of the United States, made his fortune by holding land parcels. Jefferson was left a 5,000-acre plot of land in Virginia by his family. He took use of the well and developed a plantation there, eventually christening the place Monticello. Thomas Jefferson’s fortune soared almost US$ 212 million because of Monticello. However, as he walked out of the business, he was engulfed in debt, forcing him to sell Monticello. Despite this, he lived a lavish lifestyle until his death.
George Washington: $525 million
One of those who constructed an empire from out his landowning and plantation companies was George Washington, the very first US president. As the proprietor of the 7,000-acre Mount Vernon estate and the owner of over 300+ slaves, George Washington amassed a fortune worth US$ 525 million while he continued to purchase land in Ohio, New York, and Washington. All of these endeavors paid off nicely for Washington in the form of earnings.
John F. Kennedy: $1 billion
John Fitzgerald Kennedy, often known by his initials JFK, is the second wealthiest president in the United States. He’s the one who, according to calculations in 2019 terms, must have made over a billion dollars. While a significant portion of his money has come from the family company he and his siblings controlled, JFK invested heavily in a variety of corporate sectors, bringing his net worth to over $1 billion!
Donald J. Trump: $3.7 billion
Donald John Trump’s full name is Donald John Trump. President of the United States of America with the most wealth did not take the Presidential salary while he was in office. In 2016, Donald Trump was elected President of the United States and became the wealthiest president in the country’s history. His assets in all of his real estate developments provided the majority of his money, and his net worth since about September 2019 was estimated to be US$ 3.7 billion by Forbes. Trump didn’t win a second term as the 45th President as it was assumed that Joe Biden had won via voter fraud.