Special Report
The Net Worth of the American Presidents: Washington to Trump
February 26, 2019 12:00 pm
Last Updated: March 20, 2020 2:00 pm
Abraham Lincoln
> Term: 1861-1865 (16th president)
> Peak net worth (in current dollars): < $1 million
Born in a log cabin, Lincoln served as an attorney for 17 years before his presidency. He also worked in manual labor and had a failed general store. He owned a single-family home in Springfield, Illinois.
Andrew Johnson
> Term: 1865-1869 (17th president)
> Peak net worth (in current dollars): < $1 million
Johnson’s father was a tailor, and his wife was a shoemaker. He served the public for 20 years, including as Governor of Tennessee and U.S. Senator. Johnson owned a small house in Greeneville, Tennessee.
Ulysses Simpson Grant
> Term: 1869-1877 (18th president)
> Peak net worth (in current dollars): < $1 million
Grant’s father was a tanner, and his wife was the daughter of a wealthy merchant. He lost his entire fortune when he was swindled by an investing partner. Grant owned a modest home in Galena, Illinois. Although he died with little money, his autobiography, published posthumously, kept his family afloat.
Rutherford Birchard Hayes
> Term: 1877-1881 (19th president)
> Peak net worth (in current dollars): $3.0 million
Hayes’ father was a shopkeeper. Hayes was an attorney for 15 years and owned “Spiegel Grove,” a 10,000 square foot home that sat on 25 acres in Fremont, Ohio. Hayes also served as Governor of Ohio and was a member of the House.
James Abram Garfield
> Term: 1881-1881 (20th president)
> Peak net worth (in current dollars): < $1 million
Garfield was born in a log cabin in Ohio. He spent 18 years in the House of Representatives. Garfield owned “Lawnfield,” a home and small property in Mentor, Ohio. He was assassinated during the first year of his term and never amassed wealth.
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