November 29, 2024 | 08:20 am
TEMPO.CO, Jakarta - As the largest economy in the world, the United States draws the attention of investors from all backgrounds to study the country's economic outlook in general. With 813 American billionaires boasting a combined net worth of $5.7 trillion in 2024 and a wealthy president-elect, people begin to wonder who is the richest president ever in the United States.
Let's take a look at the data on the richest presidents and their peak net worth, as highlighted by various sources.
5 Richest Presidents in US History
President-elect Donald J. Trump is listed as one of the richest presidents in the country's history. Other notable names are as follows:
1. Donald J. Trump ($5.6 Billion)
Born into a wealthy family in New York, Donald Trump was no stranger to impressive connections, ranging from business tycoons to entertainment giants. With the help of his father, Trump built his own real estate empire shortly after graduating with a bachelor's degree in economics.
Trump's immense influence extended to the entertainment industry through his massive involvement in beauty pageants, sports, televised wrestling, and television cameos. His growing net worth is attributed to real estate investments and his holdings in the Trump Media & Technology Group.
2. John F. Kennedy ($1.3 Billion)
The second richest president, Kennedy inherited much of his wealth from his father, Joe Kennedy, who was called the conglomerate of the United States. Kennedy's generational wealth, amassed through investments and banking, was further enhanced by his wife, Jackie, who was said to be an oil heiress.
3. George Washington ($708.5 Million)
Often referred to as the "Father of the Country," George Washington inherited a large portion of the lucrative Mount Vernon plantation in addition to his presidential salary. His significant impact on the country's early progress goes beyond that, with his face appearing prominently on the U.S. dollar bill and quarter.
4. Thomas Jefferson ($285.8 Million)
One of the most influential U.S. presidents, Thomas Jefferson exemplified his massive contribution by becoming the principal author of the Declaration of Independence in 1776. During his presidency, he managed to acquire the Louisiana Territory from Napoleon in 1803.
Jefferson was also known as one of the richest presidents in the country's history, worth $285.5 million from a real estate portfolio of 1,200 acres of land in Virginia from his father.
5. Theodore Roosevelt ($168.6 Million)
Inaugurated at the age of 42, Theodore Roosevelt was the youngest president in the nation's history. He brought a breath of fresh air to the office, forging a stronger foreign policy and progressive reforms. One of his most lauded accolades was the Nobel Peace Prize he received for mediating the Russo-Japanese War to reach a Gentleman's Agreement on immigration with Japan.
Born into one of New York's wealthiest families, much of Roosevelt's fortune came from an inheritance that didn't really grow in size.
While the financial legacies of these richest presidents vary, their collective contributions to shaping the United States remain unparalleled. On the other hand, these prominent figures remind us that the presidency transcends monetary value.
CBS News | VOA | Forbes | White House
Editor's Choice: Who is the Richest Person in History? Here's the Top 10 List
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