Revealing the richest US President of all time
The US presidency is one of the most powerful positions in the world. But few people notice that most White House owners own impressive assets after their term ends.
According to Insider, the US President is a position of great influence in politics, economy and society. Besides great power, the White House owners also enjoy many special benefits, including a salary of 400,000 USD a year.
After their term ends, former presidents still enjoy many benefits, including an annual pension of about $200,000. In particular, becoming the head of the United States also opens up many opportunities to increase income, such as giving speeches or publishing autobiographies.
There are currently six living US presidents, three of whom have assets worth more than $50 million. Current President Joe Biden has the smallest net worth, at about $9 million. However, he still has the opportunity to increase his wealth after leaving office.
3. Barack Obama (2009 - 2017): 70 million USD
Before becoming the 44th owner of the White House, Mr. Obama was not really rich. The most significant amount of money that Mr. Obama earned was 3.3 million USD, earned from royalties for the book "Dreams of My Father".
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President Obama has assets of 70 million USD. Photo: AP |
After serving two terms as President, Mr. Obama signed a $65 million book publishing contract, including the memoirs of his wife - Michelle Obama.
2. Bill Clinton (1993 - 2001): 100 million USD
Like Obama, the 42nd US President earned most of his wealth after his term in office. Clinton's main source of income is publishing books and giving speeches.
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President Bill Clinton has a fortune of 100 million USD. Photo: CNN |
According to Forbes, from 2001 to 2005, Mr. Clinton earned $38 million in book royalties, including his autobiography. In addition, Mrs. Hillary's husband charged $125,000 per speech.
1. Donald Trump (2017 - 2021): 3 billion USD
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Mr. Trump is the richest US President of all time. Photo: AP |
Unlike other US Presidents, Mr. Trump was a billionaire before becoming a politician. Most of the 45th US President's assets come from real estate business in New York, media projects, resorts, golf courses and wineries.
If you count all the US presidents, Mr. Trump's position remains unchanged. Even when converted to the current exchange rate, Mr. Trump's assets are still larger than those of early leaders such as George Washington or Thomas Jefferson.
