(Financial News) The presidency is a place of power. Traditionally, it was occupied by people who were already able to achieve a certain power and influence in their previous occupations.
The U.S. president’s salary today is $400,000 for every year in power. However, if you recount the condition of the ex-presidents for modern money, then much more significant sums will be obtained.
Below we will talk about the 10 richest ex-presidents of the United States. It is worth noting that the figures given in the article are a salary taking into account inflation, that is, converted to today’s money.
One more thing to note, this list only covers ex presidents. President Trump will not show up on this list as he is still in office.
John Tyler is the tenth president of the United States. Tyler became the first president to take office not by election, but as vice president after the death of the incumbent head of state.
His fortune is estimated at $57 million in terms of today’s money.
Franklin Roosevelt is the 32nd President of the United States. He was president of the United States during the global economic crisis and World War II. The only American president to be elected for more than two terms. His fortune in terms of today’s money is estimated at $66 million.
Bill Clinton is the 42nd President of the United States from the Democratic Party. Clinton was elected president twice, with a second presidential term marked by a scandal with Monica Lewinsky and the impeachment process. In addition to salary income, he also made money from his books and speeches. His fortune in terms of today’s money is estimated at $75 million.
Herbert Hoover is the 31st President of the United States from 1929 to 1933 from the Republican Party. He led the country during the Great Depression. By 1914, his fortune reached about $100 million. As president, he did not take salaries, giving them away for various charitable needs, as well as for additional payments to White House staff.
Lyndon Johnson is the 36th President of the United States from the Democratic Party from November 22, 1963 to January 20, 1969. Johnson led the country during the Vietnam War. After the end of his presidency, he began writing memoirs, and also gave lectures at universities. By the end of his life, his fortune reached $109 million.
James Madison is an American statesman, the fourth president of the United States, one of the key authors of the US Constitution and the Bill of Rights. Madison was born and raised in a wealthy family. A career in law has only strengthened his financial position.
Andrew Jackson is the 7th President of the United States. Jackson became the first US president to be elected as a candidate from the Democratic Party, in connection with which he is considered one of its founders.
His fortune in terms of modern money is estimated at $132 million.
Theodore Roosevelt is an American politician, 25th Vice President of the United States, 26th President of the United States in 1901-1909, representative of the Republican Party, Nobel Peace Prize laureate for 1906.
His fortune in terms of modern money is estimated at $139 million.
Thomas Jefferson is a figure in the US War of Independence, one of the authors of the Declaration of Independence, the third president of the United States in 1801-1809, one of the founding fathers of this state, an outstanding politician, diplomat and philosopher of the Enlightenment. In terms of modern money, his fortune is estimated at $236 million.
George Washington is an American statesman, the first popularly elected president of the United States of America, one of the founding fathers of the United States, commander in chief of the Continental Army, participant in the Revolutionary War, and creator of the American presidency. In terms of modern money, his fortune is estimated at $587 million.