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Ranking Every U.S. President By Net Worth (Before you look, who do you think was the richest?)
Inside Gov ^ | Posted on June 25, 2015 | by Alex Greer

Posted on 07/10/2015 3:51:49 AM PDT by Cringing Negativism Network

http://us-presidents.insidegov.com/stories/5025/richest-us-presidents?utm_medium=cm&utm_source=outbrain&utm_campaign=ao.cm.ob.dt.5025&utm_term=dt#21-George-H-W-Bush

(Excerpt) Read more at us-presidents.insidegov.com ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: trump
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To: C. Edmund Wright; scooby321

It HAS to be adjusted dollars.


21 posted on 07/10/2015 5:34:12 AM PDT by rlmorel ("National success by the Democratic Party equals irretrievable ruin." Ulysses S. Grant.)
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To: rlmorel
It HAS to be adjusted dollars

YEP: That's what I figured before my first coffee....after one cup, I know that's the case.

22 posted on 07/10/2015 5:35:23 AM PDT by C. Edmund Wright
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Adjusted to 2010 dollars. Here is the complete list of all Presidents from wiki.

https://en.wikipedia.org/wiki/List_of_United_States_Presidents_by_net_worth


23 posted on 07/10/2015 5:48:54 AM PDT by deport
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To: deport
That list has serious errors.

It shows Barack Hussein Obama along with the real presidents. It also shows the usurper as worth $8M, when his actual value is far less than what this dog is cleaning up:


24 posted on 07/10/2015 5:59:57 AM PDT by Pollster1 ("Shall not be infringed" is unambiguous.)
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To: Cringing Negativism Network

Some observations. Many of the less well to do Presidents died in office, thus did not have a chance to make money in their post-presidential years. Grant died nearly broke, he did have a large advance for his memoirs and other help. However he did acquire considerable wealth in business with his son. Unfortunately for Grant, the firm Ward & Grant was a 19th Century Lehman Brothers, which went down in flames before his death. No bailouts back then.


25 posted on 07/10/2015 6:00:45 AM PDT by gusty
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To: PTBAA

Your right, but this way he doesn’t have to pay taxes on his real income. Taxes are for the little people.


26 posted on 07/10/2015 6:02:35 AM PDT by gusty
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To: kinsman redeemer

(painful website design)

Yeah. It seems to be one of the new ‘mobile’ designs.

The creator(s) should have the consideration to create a list for those of us still using REAL computers and browsers, instead of having to click through 3 dozen links.


27 posted on 07/10/2015 6:18:30 AM PDT by TomGuy
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To: scooby321
John Kennedy had a family Trust worth 10 Million at death in 1963

I wonder how that is 1 Billion Dollars?


I wonder the same about Kennedy and Clinton. Those figures must be '2015 dollars' or some such. That also makes the list somewhat irrelevant.

Washington was wealthy before becoming president. Clinton was flat broke when he left the presidency (according to Hillary), so BJ's wealth apparently came from post-presidency speeches.
28 posted on 07/10/2015 6:25:41 AM PDT by TomGuy
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To: chajin
The website moved pretty quickly for me. I'm using Chrome browser on a Mac with the pop-ups disabled. I've seen some nightmare websites that are full of clutter that make it impossible ot read the content but this was not one of them.

No surprise that JFK was at the top as he stood to inherit his father's fortune - much of it illicitly gotten. The two Roosevelts ranked pretty highly as well.

Not many would have picked Washington to be number 2 but I've been to his Mount Vernon estate and it is really quite something to see. As with some other presidents, Washington's fortune came directly from his land holdings.

These days, most presidents make their big money after they leave office with "speaking engagements" and "book deals" which is basically a form of money laundering so far as I'm concerned.

29 posted on 07/10/2015 6:42:26 AM PDT by SamAdams76
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To: Pearls Before Swine
your question “who was the richest” should include a qualifier, as to “before or after they held office?”
Yeah - they show Jefferson as fabulously wealthy - but he died broke.

30 posted on 07/10/2015 6:53:26 AM PDT by conservatism_IS_compassion ('Liberalism' is a conspiracy against the public by wire-service journalism.)
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To: scooby321
John Kennedy had a family Trust worth 10 Million at death in 1963

I wonder how that is 1 Billion Dollars?

Inflation is a huge joker in this deck. IMHO $10 in 1963 would be well over $100 today. Big chunk of that was Carterflation . . .

In the 1930s or so, someone said that “if you have a million dollars your are as well off as if you were rich.” $1M today doesn’t put you in that category. Except by biblical standards, of course . . .


31 posted on 07/10/2015 7:02:43 AM PDT by conservatism_IS_compassion ('Liberalism' is a conspiracy against the public by wire-service journalism.)
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To: C. Edmund Wright
>> Do you know if they normed everything to “todays dollars” - meaning was George Washington worth 525 million back then <<

Those numbers for sure have been converted into today's dollars, maybe using a time series of "average" prices in the economy -- that is, via some kind of standard price index like the CPI.

On the other hand, if the article had valued GW's real property in Fairfax County, Virginia (ca. 7000 acres) at today's FFX County real estate prices, he might outrank Warren Buffet, Bill Gates and the Sultan of Brunei! (And beyond GW's FFX County holdings, I guess one should add today's real estate value for the thousands of acres the venerable old surveyor and master speculator had bought in western Virginia, Pennsylvania and the Ohio country.)

32 posted on 07/10/2015 7:56:37 AM PDT by Hawthorn
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To: kinsman redeemer
painful website design

No doubt.

33 posted on 07/10/2015 9:48:26 AM PDT by polymuser ( Enough is enough)
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