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Donald Trump is richer than all the presidents combined

Ethan Wolff-Mann
Senior Writer
Donald Trump on the golf course. Source: Reuters

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.

Combined, 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. (Still, he’s not wealthy enough to be ranked by its Billionaire list, which is limited to the 500 richest individuals.)

Of course, there’s not great visibility to Trump’s actual net worth—he could have much more or less. While Trump himself claims to have $10 billion, many people have called into question whether he’s a billionaire at all, given his lack of financial transparency and refusal to release his tax returns.

If Bloomberg’s numbers are right—and they are as legit, if not more, than anyone else’s—this makes Trump about $10 million richer than every Commander in Chief who came before him, combined.

Ethan Wolff-Mann is a writer at Yahoo Finance focusing on consumerism, tech, and personal finance. Follow him on Twitter @ewolffmann.


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