Net worth of all of the US presidents in 2010 dollars

[RadiomanATL]

Net worth of US presidents in 2010 dollars

Having examined the finances of all 43 presidents (yes, 43; remember, Cleveland was president twice), we calculated the net worth figures for each in 2010 dollars. Because a number of presidents, particularly in the early 19th Century, made and lost huge fortunes in a matter of a few years, the number for each man is based on his net worth at its peak.

We have taken into account hard assets like land, estimated lifetime savings based on work history, inheritance, homes, and money paid for services, which include things as diverse as their salary as Collector of Customs at the Port of New York to membership on Fortune 500 boards. Royalties on books have also been taken into account, along with ownership of companies and yields from family estates.

The net worth of the presidents varies widely. George Washington was worth more than half a billion in today's dollars. Several presidents went bankrupt.

Click the link to see how your favorite prez did in the monetary department...

 

[Modbert]

Washington was obviously the pimp of his time.

 

[RadiomanATL]

 

[RadiomanATL]

 

[nraforlife]

The numbers on Bush Senior look vastly understated.

 

[rdean]

After Obama serves his second term, he will make more than a hundred million within 5 years getting paid for speeches and book, just because of his background and the great things he has done and will continue to do for this country.

 

[rightwinger]

The wealth of the founding fathers was far from the common man. Amazing amout of money

 

[boedicca]

The wealth in calculated in 2010 dollars. Given the real estate bubble and the location of their holdings, the present value is hardly surprising.

What's more interesting in this list is how quickly Bubba has amassed wealth. This trend of politicians being funneled money through publishing contracts is a tad unseemly.

 

[Modbert]

The wealth in calculated in 2010 dollars. Given the real estate bubble and the location of their holdings, the present value is hardly surprising.

What's more interesting in this list is how quickly Bubba has amassed wealth. This trend of politicians being funneled money through publishing contracts is a tad unseemly.

He earned his money.

http://www.washingtonpost.com/wp-dyn/content/article/2007/02/22/AR2007022202189.html

Former president Bill Clinton, who came to the White House with modest means and left deeply in debt, has collected nearly $40 million in speaking fees over the past six years, according to interviews and financial disclosure statements filed by his wife, Sen. Hillary Rodham Clinton (D-N.Y.).

Last year, one of his most lucrative since he left the presidency, Clinton earned $9 million to $10 million on the lecture circuit. He averaged almost a speech a day -- 352 for the year -- but only about 20 percent were for personal income. The others were given for no fee or for donations to the William J. Clinton Foundation, the nonprofit group he founded to pursue causes such as the fight against AIDS.

 

[boedicca]

Yes, very interesting.

The documents obtained Tuesday by The Associated Press show that $4.6 million of the former president's reported $5.7 million in 2008 honoraria came from foreign sources, including Kuwait's national bank, other firms and groups in Canada, Germany, India, Malaysia, Mexico and Portugal and a Hong Kong-based company that spent $100,000 on federal lobbying last year.

Bill Clinton Made Millions From Foreign Companies In 2008


And very unseemly for a former President whose wife was running for President in 2008 and is now Secretary of State.

 

[xsited1]

I would've guess JFK would have been #1. I didn't realize he never inherited his father's fortune.

 

[boedicca]

Of course JFK didn't inherit it - that would have resulted in TAXES. The Uber Rich have their wealth shielded in trusts (i.e., Bill Gates and Warren Buffett). It's why they don't mind advocating that small farm and business owners' estates be taxed into liquidation - the Uber Rich's heirs won't be subjected to those confiscatory taxes.

 

[Modbert]

Of course JFK didn't inherit it - that would have resulted in TAXES. The Uber Rich have their wealth shielded in trusts (i.e., Bill Gates and Warren Buffett). It's why they don't mind advocating that small farm and business owners' estates be taxed into liquidation - the Uber Rich's heirs won't be subjected to those confiscatory taxes.

Or you know, being dead while his father lived for another six years. Could always be that.

Also, you obviously never have listened to Warren Buffett. Another thing, Bill Gates is giving away the majority of his fortune.

 

[boedicca]

The Kennedy wealth was divided up into a bunch of trusts.

Regarding Gates' Strategy. Here's How Charitable Trusts Work: They provide lifetime jobs with cushy salaries to the heirs and descendants who manage the trusts while the principle is invested and compounded with untaxed profits.

 

[Modbert]

Yes, very interesting.

The documents obtained Tuesday by The Associated Press show that $4.6 million of the former president's reported $5.7 million in 2008 honoraria came from foreign sources, including Kuwait's national bank, other firms and groups in Canada, Germany, India, Malaysia, Mexico and Portugal and a Hong Kong-based company that spent $100,000 on federal lobbying last year.

Bill Clinton Made Millions From Foreign Companies In 2008


And very unseemly for a former President whose wife was running for President in 2008 and is now Secretary of State.

Why not quote the very next paragraph?

Executives at many of the firms that paid honoraria to Bill Clinton have also donated large amounts of money to the Clinton Foundation, according to documents it released last year as part of an agreement with Congress on Hillary Clinton's nomination as secretary of state. That agreement was aimed at preventing the appearance of any conflict of interest between the ex-president's charitable organization and his wife's new job as the United States' top diplomat.