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:
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 ...
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.
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
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:
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.
Your right, but this way he doesn’t have to pay taxes on his real income. Taxes are for the little people.
(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.
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.
Yeah - they show Jefferson as fabulously wealthy - but he died broke.
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 . . .
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.)
No doubt.
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