Richest People

Top 10 Richest Presidents In the US History (2022)

Scions of America’s richest families have long used money and connections to fulfill their presidential dreams, However, not every American president was wealthy from the beginning; several became millionaires only after holding the office of commander in chief. The United States president receives a huge salary every year.

Published

2 years ago

October 6, 2022

Mary Afolarin

Who are the Richest Presidents in the US History?

Presidents of the United States are well-known for not only leading the country in a variety of political endeavors but also for their financial success. Money and connections have long aided the heirs of America’s wealthiest families in fulfilling their presidential ambitions. Presidents have always been wealthy, and many amassed their fortunes prior to taking office.

But who was the richest president in US history?

RNN.NG compiled a list of the top ten richest US presidents and how they came to be so wealthy. Just follow suit.

Rank	Name	Net Worth
1	Donald Trump	$3 Billion
2	John F. Kennedy	$1 Billion
3	George Washington	$525 Million
4	Thomas Jefferson	$212 Million
5	Theodore Roosevelt	$125 Million
6	Andrew Jackson	$119 Million
7	James Madison	$113 Million
8	Lyndon B. Johnson	$98 Million
9	Bill Clinton	$80 Million
10	Herbert Hoover	$ 75 Million

Continue Reading: Top 10 Richest Politicians in Kenya (2022)

1. Donald Trump – $3 Billion

Donald John Trump is a businessman, politician, and media personality who served as the 45th President of the United States from 2017 to 2021. Trump earned a bachelor’s degree from the University of Pennsylvania’s Wharton School in 1968.

With a net worth of $3 billion, Donald Trump is likely to be the richest president in history. Trump was a prominent figure in New York City real estate before entering politics. He inherited his father’s business and expanded it into a vast empire. Trump owns a number of golf clubs and resorts in addition to several New York City buildings. We can safely assume that Trump’s net worth will increase during and after his presidency.

2. John F. Kennedy – $1 Billion

John F. Kennedy was the 35th President of the United States from 1961 until his assassination near the end of his third year in office. Kennedy was the youngest person to be elected president.

It’s not surprising that John F. Kennedy was one of the richest presidents in US history. After all, he was a member of the illustrious Kennedy family, one of America’s most powerful and influential families.
Kennedy inherited his $1 billion fortune while serving as President from 1961 until his assassination in 1963.

Joe Kennedy, his father, made his money through banking and investing. The Kennedy family is still alive today as a result of his efforts. Furthermore, First Lady Jacqueline Kennedy was the heiress of a wealthy oil magnate.

3. George Washington – $525 Million

George Washington is arguably one of the most well-known figures in American history. Washington was our country’s first president and one of its richest. This is due in part to him being America’s highest-paid president his salary was two percent of the budget in 1789.

George Washington is ranked so high on our list, yet he amassed a fortune of $525 million.

He inherited his fortune, just like many other people. His prosperous property, Mount Vernon, generated a large sum of money from its 300 slaves.

Washington kept holding property in the District of Columbia, New York, and the Ohio Valley. But today, people don’t remember Washington for his money. He is recognized instead for his role as one of the United States Founding Fathers.

4. Thomas Jefferson – $212 Million

Thomas Jefferson, America’s third president, inherited his $212 million fortune. He inherited 3,000 acres of land near Charlottesville, Virginia, as a teenager.

Jefferson grew the property to 5,000 acres and built his famous Monticello mansion.

He remained wealthy for the majority of his life, serving from 1801 to 1809, but he eventually dealt with heavy debts and had to sell the Monticello estate prior to his death in 1826.

5. Theodore Roosevelt – $125 Million

Theodore Roosevelt inherited his $125 million fortune from his prominent New York family as well. Roosevelt, who served from 1901 to 1909, was not interested in finance or business, unlike his businessman father.

He had a strong interest in politics and public service, and at the age of 23, he was elected to the New York State Assembly. After his father died, he lived off his inheritance until he invested most of his fortune in a Dakota Territory ranch.

6. Andrew Jackson – $119 Million

Andrew Jackson accumulated his $119 million fortune from his Tennessee plantation, Hermitage. Madison, America’s seventh president, served from 1829 to 1837 and inherited a fortune from his wife, Rachel.

He had nine slaves on the plantation by 1804, and the majority of his wealth came from the cotton produced at Hermitage. As the plantation’s success grew, Madison purchased more land and slaves, eventually owning several hundred slaves.

7. James Madison – $113 Million

Richest Presidents In US History

James Madison lived on a 5,000-acre estate called “Montpelier” in Orange County, Virginia. He was the largest landowner in Orange County, Virginia at the time.
Unfortunately for Mr. Madison, the financial collapse of his plantation cost him a large portion of his fortune at the end of his prosperous life. According to James Madison: A Song of Virginia and a Founder of the Nation, he was confined to his bed near the end of his life.

8. Lyndon B. Johnson – $98 Million

The majority of Lyndon B. Johnson’s wealth, $98 million, came from his native Texas.

The 36th president, who was in office from 1963 to 1969, had a range of property, including 1,500 acres and livestock.

His Texas TV and radio station company, however, was where he made the majority of his money. While his wife Claudia, widely known as Lady Bird, owned the radio station, Johnson utilized his position in Congress to help the station become successful. Later, the Johnson family broadened its scope by purchasing additional Texas TV and radio stations.

There’s a good chance that the Johnsons owned the local TV and radio station where you lived in Texas in the 1940s, 1950s, and 1960s.

9. Bill Clinton – $80 Million

Bill Clinton, the 42nd president of the United States, was in office from 1993 to 2001. After his term was up, he amassed the majority of his $80 million personal and family fortune from his 2005 autobiography, My Life, Clinton has made millions of dollars since leaving office.

Although he made a lot of money from book agreements and speaking appearances, Hillary Clinton is really the source of most of his fortune. For her 2014 memoir, Hard Choices, the former secretary of state earned a $14 million advance. What Happened, her 2017 autobiography, brought in much more money for her.

The Clinton family appears to be set for life.

10. Herbert Hoover – $ 75 Million

It may strike you as strange that the president who many believe was responsible for the Great Depression was also one of the richest in American history.
Hoover, the 31st president, who held office from 1929 to 1933, was a mining executive with a $75 million fortune. Hoover, a geology graduate from Stanford University, rose through the ranks of numerous mining companies all around the world. He eventually had control over mining activities across six continents, making him wealthy well before World War I.