There have been 45 particular person Presidents of the USA beginning with George Washington in 1789 and going as much as Joe Biden right now. Joe Biden is technically the forty sixth Presidency as a result of Grover Cleveland held the workplace for 2 non-consecutive phrases, first from 1885 to 1889 after which from 1893 to 1897. However there have solely been 45 particular person Presidents within the historical past of the USA.
As you might have seen, our Presidents haven’t been a very numerous group of individuals. Each single President has been male, and just one wasn’t white. However that does not imply each President has been extraordinarily wealthy–at the very least not earlier than they acquired elected.
By way of wealth and internet price, American Presidents have come from very large and numerous backgrounds. We have had Presidents who had been extraordinarily rich and a few who had no cash in any respect. We have had Presidents who died penniless and others who’ve earned fortunes after leaving workplace because of ebook offers, consulting jobs, talking occasions, and extra.
Facet observe: We need to acknowledge the morbid (however true) incontrovertible fact that some early Presidents owned slaves and people slaves had been counted as property when accounting for his or her wealth. At any time when we publish an article about early Presidential wealth, we obtain a handful of complaints from individuals who suppose we’re making mild of slavery by together with it as a part of somebody’s internet price. We do not make mild of slavery. The truth is that proudly owning a whole lot of slaves was an especially helpful asset, typically probably the most helpful asset somebody had within the 1700s and 1800s.
Being the President of the USA is certainly one of many biggest jobs on this planet. Not solely are you probably the most highly effective particular person within the free world, however you receives a commission a hefty wage plus unbelievable perks like entry to Air Power One, Camp David, and naturally, The White Home.
Since 2001, The President has been paid an annual wage of $400,000. The President additionally has entry to a $200,000 journey and leisure expense account. Between 1789 and 1873, the President’s wage was $25,000 which is the same as $673,000 in right now’s inflation-adjusted {dollars}. In 1873, the wage was elevated to $50,000 ($992,000 right now). In 1909 it was bumped as much as $75,000 ($1.9 million), then in 1949 it was raised to $100,000 ($967,000), after which in 1969 the wage was set at $200,000 ($1.2 million).
A last perk of being President is that when you permit workplace, you’re paid an annual pension of $199,000. You might be additionally entitled to Secret Service safety for all times plus $100,000 per yr for workers, an workplace house, and medical insurance coverage. This final perk solely grew to become accessible to Presidents after 1958. Sufficient dilly-dallying, let’s check out the inflation-adjusted internet price of every American President, listed from richest to poorest!
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The Richest Presidents Of All Time, Inflation-Adjusted:
#1: Donald J. Trump – $2 billion (Actual property investments, actuality tv, endorsements, licensing)
#2: George Washington – $525 million (Owned 8,000 acres of Virginia farmland and 300 slaves)
#3: Thomas Jefferson – $212 million (Owned 5,000 acres of Virginia farmland plus dozens of slaves. Technically talking although, Jefferson was flat broke when he died after residing far past his means for over a decade. Jefferson was identified to spend inflation-adjusted $1 million per yr only one wine. He additionally spent lavishly on artwork, books and musical devices, racking up giant private money owed. On the time of his dying, Jefferson’s money owed far exceeded the worth of his property Monticello, which was additionally his main supply of wealth.)
(Photograph by MPI/Getty Pictures)
#4: Theodore Roosevelt – $125 million (Inherited giant belief fund and greater than 200 acres of land on Lengthy Island)
#5: Andrew Jackson – $120 million (Actual property, 300 slaves, inheritance plus he married into cash.)
#6: James Madison – $100 million (Owned 5,000 acres of Virginia farmland and dozens of slaves)
#7: John F. Kennedy – $100 million (Father Joseph was price $1 billion from liquor importation, actual property, and extra)
#8: Lyndon B. Johnson – $100 million (Owned a radio and TV station plus a 1500 acre ranch in Texas)
#9: Invoice Clinton – $80 million (Invoice’s internet price was simply $700,000 on his first day in workplace. Since re-entering personal life, Clinton has earned greater than $100 million from talking engagements alone. He additionally has made a fortune from ebook gross sales)
#10: Herbert Hoover – $75 million (Made tens of millions within the mining trade, owned tens of millions in helpful actual property)
#11: Franklin Delano Roosevelt – $60 million (Inherited tens of millions, owned a whole lot of acres of helpful actual property on the East Coast)
#12: John Tyler – $50 million (Owned hundreds of acres of tobacco plantations)
#13: Barack Obama – $40 million
#14: George W. Bush – $35 million (Texas Rangers, oil investments, shares, ebook gross sales, and talking engagements)
#15: James Monroe – $30 million
#16: Martin Van Buren – $25 million
#17: George H. W. Bush – $25 million
#18: Grover Cleveland – $25 million
#19: John Adams – $20 million
#20: John Quincy Adams -$20 million
#21: Richard Nixon – $15 million
#22: Ronald Reagan – $13 million (This was Reagan’s internet price on the time of his dying in 2004. When his wife Nancy died 12 years later, the worth of their property had grown to $25 million, thanks largely to the appreciation of their Bel Air mansion.)
#23: James Ok. Polk – $10 million
#24: Joseph R. Biden – $9 million
#25: Dwight D. Eisenhower – $8 million
#26: Gerald Ford – $7 million
#27: Jimmy Carter – $7 million
#28: Zachary Taylor – $6 million
#29: William Henry Harrison – $5 million
#30: Benjamin Harrison – $5 million
#31: Millard Fillmore – $4 million
#32: Rutherford B. Hayes – $3 million
#33: William Howard Taft – $3 million
#34: Franklin Pierce – $2 million
#35: Chester A. Arthur – $1 million
#36: William McKinley – $1 million
#37: Warren G. Harding – $1 million
#38: Calvin Coolidge – $500 thousand
#39: Woodrow Wilson – $400 thousand
#40: Harry S. Truman – $300 thousand
#41: James Buchanan – $250 thousand
#42: Abraham Lincoln – $250 thousand
#43: Andrew Johnson – $200 thousand
#44: Ulysses S. Grant – $50 thousand
#45: James A. Garfield – $10 thousand
