Sunday, 13 November 2016

Donald Trump Is Richer Than All The Past US Presidents Combined


The President-elect, Donald Trump who recently said he would not take the $400,000 salary being paid to US presidents is reportedly richer than all the past US presidents combined. Altogether, the first 44 presidents had around $2.99 billion in assets – in 2016 dollars. While that’s a lot, President-elect Donald Trump currently has a net worth of $3.0 billion, according to Bloomberg.

The US presidency has been traditionally held by rich men. Not always—Truman, Coolidge, Lincoln, Grant and a few others were not wealthy and amongst our “poorest” presidents, according to 24/7 Wall Street’s definitive list of presidential wealth adjusted into 2016 dollars. On the other end of the spectrum, when you adjust for inflation as of 2010, there is George Washington with a net worth of $580 million, Thomas Jefferson with $234 million, and John F. Kennedy with $1 billion—though he hadn’t technically inherited it when he was assassinated.