6 Wealthiest US Presidents

AAA

Wealthiest U.S. Presidents

It is widely speculated that former presidential candidate Mitt Romney has a personal net worth somewhere between $190 million and $250 million. With most of this money in the bank, he would have been one of the wealthiest U.S. presidents if elected. Making a true comparison among past presidents is more difficult given it has now been more than two centuries since George Washington served in office back in 1789. An attempt has been made to estimate a comparison over the last couple of centuries.

Donald Trump

Donald Trump is the 45th and richest President of the United States of America. Arguably the most controversial president, Trump took over his family's real estate development firm in 1971. The real estate mogul delved in hotels, casinos, apartment buildings, golf courses, and even produced and starred in a business reality series called The Apprentice. According to Forbes, Trump is worth almost $4 billion dollars, making him the first billionaire president of the U.S.

George Washington

Washington was the first president and was born into a family with vast land holdings. His home, Mount Vernon in Virginia, totaled thousands of acres and he held acreage in parts of West Virginia as well. The value has been pegged north of $500 million, but the vast majority was certainly not liquid. However, the land provided him with great wealth and productive farmland to generate a more than sufficient living income.

Thomas Jefferson

Jefferson served as the third president starting in 1801 and is considered another founding father instrumental to the early years of the United States. His estimated net worth was less than half of Washington's at just over $200 million, but it was enough to qualify him as the third wealthiest president. In similar fashion to Washington, this worth was tied up in land holdings south of Washington in Virginia. His homestead is known as Monticello and, like Mount Vernon, is in existence today as a historical site for tourists to visit. At its peak, it was estimated to consist of around 5,000 acres of land that was farmed and held great value to his family.
 

Theodore Roosevelt

Jumping forward a century, Roosevelt served as the 26th president starting in 1901. His net worth has been pegged at $125 million, which stems from family wealth. His land holdings are said to range from ranching acreage in the Dakotas to a couple of hundred acres in Long Island close to where he grew up in New York.

Andrew Jackson

Backtracking more than seven decades, Jackson served as the seventh president starting in 1829. Land was again the name of the game, and it contributed to Jackson's estimated net worth of nearly $120 million. The acreage existed near Nashville, Tenn., and his homestead is known as the Hermitage.

James Madison

Returning to earlier years, back to Virginia and another Founding Father, James Madison served as the fourth president starting in 1809. His homestead is known as Montpelier and consisted of 5,000 acres with an estimated total net worth just north of $100 million.

  1. No results found.
Related Articles
  1. Personal Finance

    Average Net Worth Of The 1%

    Here's a look at how much the super-rich in the world are really worth.
  2. Investing

    Who's the Richest Person in the 4 Richest U.S. States?

    Billionaires have congregated in a few states more than others. Who are the wealthiest residents of those states with the densest population of ultra-rich?
  3. Financial Advisor

    American Century: Investment Manager Highlight

    Discover American Century Investments, a uniquely socially responsible asset management firm that only does asset management and does it well.
  4. Insights

    Retirement Money for Ex-Presidents: How Much Will Obama Get?

    Last year, the federal government spent a total of $3.25 million on the four former presidents still living.
  5. Small Business

    How Much Money Will It Take to Become President in 2016?

    Learn why the 2016 presidential election is likely to be the most expensive race ever, and estimate how much it is going to take the eventual winner to prevail.
  6. Financial Advisor

    How Will the Presidential Election Impact Markets?

    Is there a correlation between an election year and the performance of the financial markets?
  7. Insights

    5 Presidents Who Couldn't Secure a Second Term

    These U.S. presidents couldn't get re-elected because of policy, stiff competition or lackluster performances in their first terms.
  8. Investing

    The Biggest Private Equity Firms in Boston

    Learn about private equity firms and how they operate. Identify the top five private equity firms operating in the Boston metro area.
  9. Tech

    Rise of the Robo Advisors

    The financial advisory business is facing an impending transformational change.
  10. Managing Wealth

    How The Rich Got Richer

    Take a look at how the world's wealthiest people increased their fortunes over the past year.
Hot Definitions
  1. Marginal Utility

    The additional satisfaction a consumer gains from consuming one more unit of a good or service. Marginal utility is an important ...
  2. Contango

    A situation where the futures price of a commodity is above the expected future spot price. Contango refers to a situation ...
  3. Stop-Loss Order

    An order placed with a broker to sell a security when it reaches a certain price. A stop-loss order is designed to limit ...
  4. Acid-Test Ratio

    A stringent indicator that indicates whether a firm has sufficient short-term assets to cover its immediate liabilities. ...
  5. Floating Exchange Rate

    A country's exchange rate regime where its currency is set by the foreign-exchange market through supply and demand for that ...
  6. Taxes

    An involuntary fee levied on corporations or individuals that is enforced by a level of government in order to finance government ...
Trading Center