The Wealthiest U.S. Presidents Since 1900
When Donald Trump was elected the 45th President of the United States, he instantly became the wealthiest man to ever reside in The White House. But Trump was certainly not the first POTUS with a large bank account. Here are some of the wealthiest U.S. Presidents to take office since 1900.
With an estimated net worth of $3.7 billion, Donald Trump is by far the wealthiest President to ever hold office. There is no need for Trump to exaggerate how much money he has saved in the bank because his wallet is significantly fatter than any previous President in U.S. history. The 71-year-old has amassed a fortune during a long career in the real estate business. Earning upwards of $200 million for his role in The Celebrity Apprentice didn’t hurt his bottom line either.
John F. Kennedy
The 35th President was born into wealth, then he married into even more fortune. His father was the first chairman of the Securities and Exchange Commission and his father in law was an oil tycoon. JFK was worth nearly $1 billion when he was tragically assassinated in 1963.
Just like Kennedy, Roosevelt was born into a very prominent family. During the prime of his life, Roosevelt was worth upwards of $120 million, but failed investments led to financial struggles late in his life. Thankfully, he pulled himself out of turmoil, and his estate is extremely valuable today on Long Island.
Lyndon B. Johnson
Lyndon Baines Johnson will forever be remembered as the President forced to step up after JFK’s shocking assassination. But what few citizens knew at the time was just how wealthy LBJ already was. While nowhere close to his predecessors’ net worth, Johnson was still worth nearly $100 million. He owned radio and television stations back in his hometown of Austin, Texas.
Herbert Clark Hoover truly lived the American dream in the early 1900s. He was raised as an orphan and eventually went on to amass more than $75 million in his lifetime. The 31st President made his fortune as a mining executive. He then went on to donate his presidential salary to charity.