How Much Wealth Every President Had

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Main source:

Additional sources/further reading:

Creative commons credits:
Mikehelms
Daniel Schwen
Nyttend
Dbergere
Rolf Müller
Eric Draper, LBJ Foundation
Pi3.124
Crunch
Chatham House
Billwhittaker
Pthomaskmadigan
slave by Adrien Coquet from the Noun Project
Jim Bowen
Martin Falbisoner
Otherspice

First of all, the annual American presidential salary is currently $400,000, with a measly $50,000 annual expense allowance.

And let’s give it up for President Donald Trump. (clap hands) Like Presidents Herbert Hoover and John F. Kennedy before him, he donates his annual salary to various government agencies, like the National Park Service and Department of Veteran Affairs.

However, Trump is a billionaire. The country’s first billionaire President, as a matter of fact, so he can easily afford to donate his salary. Plus, the idea that he is “working for nothing” is incredibly misleading, since President Trump continues to make money from all the real estate he owns or manages. He has actually faced multiple lawsuits for this. Those suing him argue that by making money through his real estate ventures while in office, he has violated the U.S. Constitution’s emoluments clauses.

But anyway, yeah Donald Trump is the richest President in history, but looking into this got me curious, so let’s just see how rich every President was in American history, from the poorest to the richest.

Now that said, we are going to look at peak wealth for the sake of this video. There were several Presidents who had debts when they died so they literally had a negative net worth.

#uspresidents #ushistory #americanpresidents
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Should wealth even matter when we talk about Presidents?
Is the only way to get into Congress or become President to first have lots of wealth?

Edit: Yes, everyone. I adjusted for inflation!

Edit again: Now that we know more about President Trump's taxes, perhaps that $2.1 billion estimate is way too high.

iammrbeat
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I find it fascinating that Teddy Roosevelt is one of the wealthiest presidents yet he is known for being a man of the people with breaking monopolies and fighting for the working class. I just find that fascinating.

piggleman
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How to become president:
1. Become a lawyer or teacher
2. Invest in real estate
3. ???
4. Win the elections

BlackSalamander
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Things to do when you are president: 1. Invest in real estate. 2. Write a book.

xkzpqrc
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The REAL question is: How rich were they when assumed office, vs how rich were they when they left?

joesolis
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Moral of the video: Marry a wealthy woman.

adilwise
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The problem isn’t the wealthy people getting into politics, it’s the people who use politics to get wealthy.

richardstarkey
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At least Lincoln didn't have to worry about wealth after his presidency

EliteSpark-tfkw
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Grant's memoirs are probably the best written by any president in history, the amount of money they made was more than enough to care for his family after he was gone. all written while he was dying of agonizing throat cancer. one of the greatest Americans to have ever lived...

syedhusseinali
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imagine your teacher becoming the president

jrmylol
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I’m currently taking a class called “The Making of a President” and the whole time I’ve been thinking “yep know that because of a Mr. Beat video”

skx
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Didn’t make a tie in that Jefferson was our third President and the third wealthiest.

ArchCraftGaming
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"guess he didn't care about making money"
I respect that, tbh. I wish we could live in a world these days where someone can just, do what they wish in life and still be able to live without working themselves to death.

Willowposting
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Taft: is a decently remarkable president

Everyone: iS hE tHe FaT oNe?!?

ocean
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“My mind on my money and my money on my mind.”

-George Washington

inbasicterms-popculturevid
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I swear to god, this guy could talk about every shoe the presidents wore in office and I would be entertained

Meymeyjuice
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Imagine your teacher, principal, or your minister becoming the president of the United States

trevortillotson
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Imagine having Andrew Jackson as a teacher. Would be something like out of Whiplash.

mikemclintock
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So the president can’t make money from other ventures while in office, but congress can???

jamesshaver
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You should do a “Best US Generals” video
My personal list:
10) Sam Houston
9) George Meade
8) Douglas MacArthur
7) Von Steuben
6) George Patton
5) Benjamin O’Davis Sr.
4) George Washington
3) Winfield Scott
2) Dwight Eisenhower
1) Ulysses S Grant

thevoid
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