Special Report
America's 12 Wealthiest Presidents
February 25, 2020 5:37 pm
Last Updated: March 13, 2020 4:12 pm
2. John Fitzgerald Kennedy
> Term: 1961-1963 (35th president)
> Source of fortune: Inherited
> Peak net worth (inflation adjusted): $1.1 billion
The Kennedys are one of the most powerful and influential families in American politics, and that was even more true in the 1960s. John F. Kennedy’s father, Joe, made much of his fortune through banking and investing. He was one of the richest men in the United States, and the family fortune endures to this day. Kennedy clearly benefited from his family’s wealth, but estimating his exact net worth at its highest point is especially difficult.
A number of other siblings shared a portion of the trust. In addition to the family’s wealth, Kennedy’s wife Jacqueline, was heiress to a vast oil fortune. The couple’s combined wealth amounted to more than a billion dollars when adjusted for inflation.
1. Donald John Trump
> Term: 2017- (45th president)
> Source of fortune: Real estate
> Peak net worth (inflation adjusted): $3.2 billion
Before he entered politics, Donald Trump was a prominent figure in New York City’s real estate scene. Trump took over his father’s business and grew it into an empire. Though many of his other businesses have failed, Trump’s vast property holdings make him by far the wealthiest president of all time.
In addition to a number of New York City buildings, Trump owns over a dozen golf clubs and many resorts. Trump broke precedent when he declined to release his tax returns as a candidate and later as president, so it is difficult to know his exact worth. What is certain is that he is extremely wealthy.
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