Special Report

The Ten Richest U.S. Presidents

10. John Fitzgerald Kennedy
> Net worth: $1 billion (never inherited his father’s fortune)
> In office: 1961 – 1963
> 35th president

Born into great wealth, Kennedy’s wife was oil heiress. His father was one of the wealthiest men in America, as well as was the first chairman of the SEC. Almost all of JFK’s income and property came from a trust shared with other family members.

9. William Jefferson Clinton
> Net worth: $38 million
> In office: 1993 – 2001
> 42nd president

Unlike other presidents, Clinton did not inherit any wealth and gained little net worth during 20 plus years of public service. After his time in the White House, however, he earned a substantial income as an author and public speaker. Clinton received a large advance for autobiography. His wife, the current Secretary of State, also has earned money as an author.

8. Franklin Delano Roosevelt
> Net worth: $60 million
> In office: 1933 – 1945
> 32nd president

Roosevelt’s wealth came through inheritance and marriage. He owned the 800-acre Springwood estate, as well as properties in Georgia, Maine and New York. In 1919, his mother had to bail him out of financial difficulty. He spent most of his adult life in public service. Before he was president, Roosevelt was appointed assistant secretary of the Navy by President Wilson.

7. Herbert Clark Hoover
> Net worth: $75 million
> In office: 1929 – 1933
> 31st president

An orphan, Hoover was raised by his uncle, a doctor. He made a fortune as a mining company executive. He had a very large salary for 17 years and had extensive holdings in mining companies. Hoover donated his presidential salary to charity. He also owned “Hoover House” in Monterey, Calif.

6. Lyndon Baines Johnson
> Net worth: $98 million
> In office: 1963 – 1969
> 36th president

Johnson’s father lost all of the family’s money when LBJ was a boy. Over time, he accumulated 1,500 acres in Blanco County, Tex., which included his home, called the “Texas White House.” He and his wife owned a radio and television station in Austin, Tex., and had a variety of other moderate holdings, including livestock and private aircraft.

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