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George Washington (1789-1797): $525 Million Net Worth
His Virginia plantation, Mount Vernon, consisted of five separate farms on 8,000 acres of prime farmland, run by over 300 slaves. His wife, Martha Washington, inherited significant property from her father. Washington made significantly more than subsequent presidents: his salary was two percent of the total U.S. budget in 1789
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Thomas Jefferson (1801-1809): $212 Million Net Worth
Jefferson was left 3,000 acres and several dozen slaves by his father. Monticello, his home on a 5,000 acre plantation in Virginia, was one of the architectural wonders of its time. He made significant money in various political positions before becoming president, but was mired in debt towards the end of his life
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Abraham Lincoln (1861-1865): Less Than $1 Million Net Worth
To the log cabin born. Lincoln served as an attorney for 17 years before his presidency. He owned a single-family home in Springfield, Illinois
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John Fitzgerald Kennedy (1961-1963): Kennedy Estate Worth Nearly $1 Billion
Born into great wealth, Kennedys wife was oil heiress. His Father was one of the wealthiest men in America, and was the first chairman of the SEC. Almost all of JFKs income and property came from trust shared with other family members
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Ronald Wilson Reagan, 1981-89: $13 Million
Reagan had no inheritance, but his first wife, an actress, had her own money. He was a movie and television actor for over two decades. The Gipper owned several pieces of real estate over his lifetime, including 688-acre property near Santa Barbara, California. Reagan was highly paid for his autobiography and as a GE spokesman
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Barack Hussein Obama (2008-present): $5 Million Net Worth
Obama is the grandson of a goat herder. He is a former constitutional law professor and civil rights attorney. Book royalties constitute most of Obamas net worth
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Republican presidential candidates: $217 $335 Combined Net Worth
Mitt Romney: $190 million $250 million estimated net worth
Jon Huntsman: $16 million $71 million estimated net worth
Newt Gingrich: at least $6.7 million estimated net worth
Ron Paul: $2.25 million $5 million estimated net worth
Rick Perry: at least $1.1 million estimated net worth
Rick Santorum: $880,000 $1.9 million estimated net worth
Where does all the unused fund raising money go if 0 doesn’t use it all?
I am surprised Huntsman is worth more than Newt.
Obama is the grandson of a goat herder
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And, Obama carries on the family tradition (sort of) as a sheeple herder.
What I would like to see is a list of what these so called politicians were worth the first time they won an election to Congress.
Fascinating that Herbert Hoover was wealthier than FDR.
Washington worth $525 million ?
A farmer with 300 manual laborers today would be worth $525 million ?
Keep dreamin’.
Hokey numbers.
Some of these explanations are funny. JFK’s father was one of the wealthiest men in the country because he was a bootlegger during Prohibition. And, playing insider games, made even more wealth through the SEC. Jackie’s bio father was not all that wealthy, but was a high society bon vivante; her mother left him for the more reliable and truly wealthy Auchinchloss. Both were Wall Street types. I’m not sure where the ‘oil heiress’ came from.