Top 10 Richest Presidents Of United States By Net Worth

Posted by: lukwago J in Life Style September 26, 2016

There’s no doubt about it: being the U.S. president is a hard and often thankless job. Richard Nixon famously said, “Scrubbing floors and emptying bedpans has as much dignity as the Presidency.” But being president also has amazing perks (Air Force One!), and most presidents have been financially well-off. In fact, the average net worth of a U.S. president ($62 million) is more than 200 times the average net worth of a U.S. adult ($301,000). It pays to be president.

Check also: Here’s Barack Obama’s Biography And How Much He’s Worth

Using the most recent data from 24/7 Wall St., InsideGov ranked every U.S. president by net worth, from lowest to highest. 24/7 Wall St. relied primarily on historical records to value each president’s assets and adjusted all numbers for inflation. They included factors such as land and property, income, inheritance, and book royalties in their calculation.

Overall, presidential wealth has gone through several notable trends. Many of the earlier presidents made their fortunes before entering the White House, largely through land speculation. In contrast, many of the modern presidents came into office modestly wealthy, but significantly boosted their finances through subsequent book deals and public speaking.

Here’s the list of the top 10 richest presidents of US!

10) – Bill Clinton

Net Worth: $55 million

Although Clinton had a successful law career before entering politics, his real wealth came after he left the White House. Clinton’s autobiography, My Life, has sold over 2.2 million copies. Additionally, Clinton has made a sizeable fortune from public speaking alone.

9) – Franklin D. Roosevelt

Net Worth: $60 million

FDR was the longest-serving president in U.S. history, with over 12 years in the White House. He inherited significant wealth from his family and his marriage to Eleanor, but was never able to match the fortune of his older cousin Teddy.

8) – Herbert Hoover

Net Worth: $75 million

Unlike many of the presidents on this list, Hoover did not inherit any wealth. In fact, Hoover was an orphan who made his fortune in the mining industry. Unfortunately, his business savvy couldn’t stop the onset of the Great Depression.

7) – Lyndon B. Johnson

Net Worth: $98 million

Following JFK’s assassination, Johnson assumed office under tragic circumstances, but quickly reinvigorated the nation with his War on Poverty. Johnson’s fortune primarily came from his large landholdings in Texas.

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