5 Wealthiest U.S. 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.

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 second 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.
Related Articles
  1. Markets

    How Will the Presidential Election Impact Markets?

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

    The Market And Presidential Promises

    How can the presidential election affect your portfolio? Find out here.
  3. Markets

    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.
  4. Markets

    The Field So Far: US 2016 Presidential Candidates

    Over the past several months, there has been a lot of speculation as to who will make a run at the Republican and Democratic nominations.
  5. Investing

    A CEO as U.S. President: What's the Disconnect? (HPQ)

    Can business leaders effectively lead the country's highest office? Next year may mark the first time that we'll find out.
  6. ETFs & Mutual Funds

    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.
  7. Markets

    Trump vs. Clinton: Who's Better for the Markets?

    Who is likely to be a more market-friendly president, Hillary Clinton or Donald Trump?
  8. Markets

    How U.S. Election News Affects The Dow

    We explain the relationship between US politics, election news, and the performance of the Dow.
  9. Markets

    How the Presidents Rate on Investment Performance

    During which U.S. presidency did stocks, bonds, and cash perform best? Let's take a look and find out why.
  10. Markets

    Do Presidential Politics Impact Markets?

    If you're wondering whether Republican presidents are better for markets than Democrats, or if the outcome of the election changes our investment plans, read on.
Hot Definitions
  1. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  2. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  3. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  4. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  5. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  6. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
Trading Center