Which presidents were wealthy

Supreme Court. Woodrow Wilson received modest compensation as head of Princeton and governor of New Jersey. He never served in any position that provided him with a substantial income. Wilson had a stroke in office and died five years later. Much of Warren Harding's net worth came from his wife, Florence. She was the daughter of a wealthy businessman and her business skills helped his newspaper, the Marion Star, become successful.

Calvin Coolidge's father was a prosperous storekeeper and community official. He spent years as an attorney and also served as the governor of Massachusetts. He derived his net worth primarily from his home, The Beeches, in Northampton, Massachusetts. Some of Coolidge's net worth can also be attributed to the advance he received on his autobiography as well as the money he made from his newspaper column. Herbert Hoover was orphaned as a child, but he overcame his struggles to become a successful businessman and politician.

After graduating from Stanford and before entering politics, Hoover worked as a mining engineer, becoming an expert in the field. He went on to own several Burmese silver mines and write a mining engineering textbook, all of which contributing to his considerable wealth. Coming from the wealthy and powerful Roosevelt family, Franklin Delano Roosevelt inherited much of his wealth.

FDR spent almost his entire adult life in public service, beginning at age 28 when he ran to the New York state senate. FDR died in office after being elected president for a fourth time. Harry Truman was a haberdasher in Missouri and nearly went bankrupt.

He served 18 years in Washington, D. Despite his modest income, he was able to save some of his presidential salary. He was also the first ever Medicare recipient. Dwight David Eisenhower had no inherited wealth.

He served the majority of his career in the military and five years as president of Columbia University. Ike owned a large farm in Gettysburg, Pennsylvania. The Kennedys are one of the most powerful and influential families in American politics, and that was even more true in the s. 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.

Lyndon Baines Johnson owned assets such as livestock and 1, acres of land in Texas. However, the main source of income for Johnson and his wife, Lady Bird, was their Texas TV and radio station business.

Though the radio station KTBC was technically in Lady Bird's name, LBJ reportedly used his considerable influence as a member of Congress to make the acquisition go smoothly and make the station a success. The Johnsons later expanded their portfolio to include other TV and radio stations in Texas.

Richard Nixon was born into a working-class family, to parents who ran a grocery store and a gas station. He was a public servant for most of his life, also serving several years as a U. Nixon made significant sums from a series of interviews with David Frost and book advances. He sold his New York townhouse to the Syrian ambassador to the U. At various times, Nixon also owned real estate in California and Florida.

Gerald Ford had a modest upbringing and spent virtually his entire adult life in public service. Over the course of his lifetime, he owned properties in Palm Springs, California, and Vail, Colorado.

Jimmy Carter's father worked as a peanut farmer in rural Georgia and he did not leave the 39th president much of a inheritance. Carter took over the family farm following his father's death and struggled to make it successful. Though Carter eventually turned the farm into a successful agriculture business, during his presidency, the business failed as the farm was managed by a blind trust.

He left the White House in debt but improved his finances by writing books. Carter and his wife have published more than 30 books. Ronald Reagan had no inheritance, but he made money as a movie and television actor for over two decades. He owned several pieces of real estate over his lifetime, including a acre property near Santa Barbara, California.

Reagan was highly paid for his role as a GE spokesman before his political career. He also made significant money from his autobiography. George H. Bush, as part of the wealthy and powerful Bush family, has always been well off financially. She also made millions from a number of paid speeches.

He added more hectares 2, acres to his real estate portfolio and built his showpiece home Monticello. Although he remained wealthy for most of his life, Jefferson was deeply in debt when he died, in part because income from farming was unreliable and also because Jefferson was a big spender who lived beyond his means. Theodore Roosevelt inherited a large trust fund and did little to increase his wealth. Elected to the New York State Assembly at the age of 23, Roosevelt spent most of his adult life in public service.

However, he did lose a chunk of his fortune after a ranch investment in the Dakotas went bad. Andrew Jackson was one of the relatively few U. They had a lucrative plantation in Orange County, Virginia, and built the famed Montpelier estate. However, Madison started to run out of money towards the end of his life.

Together, they owned livestock and hectares 1, acres of land in Texas. However, their main source of income was a radio station owned by Lady Bird. Herbert Hoover was truly a self-made man. Investors have some reason to hope that Congress might pass a marijuana legalization bill sooner than previously expected.

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