Who is the richest living American president? Net worths, ranked (2024)

Who is the richest living American president? Net worths, ranked: from Donald Trump’s real estate fortune to Bill Clinton and Barack Obama’s book deal millions, but how about ‘middle class Joe’ Biden?

The president of the US is often touted as the most powerful position any person on the planet can hold. But beyond the immense political, economic and social influence the job affords, the American head of state additionally enjoys a range of advantages, most notably a US$400,000 annual salary and a host of post-term cushy benefits.

These include a monthly pension, medical care and even Secret Service protection. Furthermore, being the American president solidifies future earning potentials, whether from book deals or talking engagements.

Today, there are six living American presidents – five former and one current. But of the six statesmen, who is the wealthiest? Let’s look at their individual estimated net worths, according to Celebrity Net Worth and more sources.

6. Joe Biden, 46th president, 2021 – present: US$9 million

Who is the richest living American president? Net worths, ranked (1)

With an estimated net worth of US$9 million, the current president, Joe Biden, finds himself at the bottom of the list. Before his first stint in the White House – as Obama’s vice-president – Biden was famously known for referring to himself as “middle class Joe”, one of the “poorest” members of Congress.

Who is the richest living American president? Net worths, ranked (2)

After his time as vice-president, however, Biden’s net worth skyrocketed into the millions. Per Celebrity Net Worth, the millions of dollars earned by Biden after 2017 were mostly a result from speeches and high-priced book deals. Between 2017 and 2018 alone, it’s reported that Biden was hired for 40 speaking engagements, charging a fee of five or six figures each time.

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5. Jimmy Carter, 39th president, 1977 – 1981: US$10 million

Who is the richest living American president? Net worths, ranked (3)

At 97 years old, Jimmy Carter is the oldest and only president whose entire term was in the previous century. A former naval officer and Georgia Governor, Carter served as president between 1977 and 1981.

Who is the richest living American president? Net worths, ranked (4)

On top of his post-presidential pension, Carter has also scribed more than 30 books and made a name for himself as a global diplomat promoting peace and other philanthropic efforts. He established the Carter Centre, an organisation aimed at solving global conflicts and combating diseases.

According to The Washington Post, Carter also made money running his family’s peanut farm and business, which ultimately sold for a reported US$1.5 million.

4. George W. Bush, 43rd president, 2001 – 2009: US$50 Million

Who is the richest living American president? Net worths, ranked (5)

Before following in his father’s political footsteps, George W. Bush had a career in both the US military as well as in business. According to The Washington Post, in the late 1970s, the then future president founded oil and gas exploration company Arbusto Energy, later incorporated into HKN, Inc. a company which, along with Bush, was dogged by allegations of insider trading.

Who is the richest living American president? Net worths, ranked (6)

Despite the scandal, Bush was able to strike up an extremely profitable business deal buying the Texas Rangers baseball team, personally investing half a million dollars into the franchise. Ultimately, per Celebrity Net Worth, by 1998, the soon-to-be president sold his shares and raked in an impressive US$15 million on that deal alone.

In addition to his presidential wages and pre-political business dealings, Bush boasts several properties in his portfolio, including a 600-hectare (1,500-acre) Texas ranch, all of which have translated into a current estimated net worth of US$50 million.

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3. Barack Obama, 44th president, 2009 – 2017: US$70 million

Barack Obama, possibly the most popular of the six presidents, ranks as third wealthiest.

Before the first African-American president climbed the political ladder, Obama wasn’t particularly wealthy. However, as per Go Banking Rates, once the Illinois senator had his sights set on the White House, his personal fortune began to grow accordingly. He earned over US$3.3 million in book royalties for Dreams of My Father, a book he’d written in the 1990s before becoming a household political figure.

Who is the richest living American president? Net worths, ranked (8)

As a president serving two terms, or eight years, his US$400,000 per year pay cheque further expanded his riches. Finally, after his departure from the Oval Office, Obama struck a publishing deal with Penguin Random House for a whopping US$65 million. As part of this deal, which also included the former first lady Michelle Obama’s memoir, Obama released A Promised Land in 2020. He also receives the president’s pension of US$205,700 annually.

2. Bill Clinton, 42nd president, 1993 – 2001: US$100 million

Who is the richest living American president? Net worths, ranked (9)

Per CA Knowledge, former president Clinton’s net worth is US$100 million, most of which was reportedly earned after his term as the 42nd president.

A 2016 Forbes article broke down how Clinton earned big after his time in the White House. From speaking events, for which he is said to charge as much as US$125,000 per gig, to his incredibly lucrative book deals and private consulting fees, the former Arkansas Governor has successfully turned his political renown into massive earnings.

Who is the richest living American president? Net worths, ranked (10)

Per Forbes, between 2001 and 2015 alone, Clinton’s bank balance was bolstered by an impressive US$38 million from his writings, including his bestselling memoir, My Life.

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1. Donald Trump, 45th president, 2017 – 2021, US$3 billion

Who is the richest living American president? Net worths, ranked (11)

Unsurprisingly, Donald Trump is the wealthiest on our list. Before his term as the 45th American president, The Apprentice star was known as a billionaire property mogul and television personality.

Who is the richest living American president? Net worths, ranked (12)

The controversial businessman-turned-politician is reported by Forbes to be worth US$3 billion. This vast fortune is said to derive mostly from his New York real estate and various endeavours, including media ventures, golf courses and a 500-hectare (1,300-acre) winery in Charlottesville, Virginia, which according to its website is the largest winery on the east coast.

According to 24/7 Wall St, Trump is so rich that he is in fact the wealthiest American president of all time, even compared to America’s earliest leaders, like George Washington and Thomas Jefferson, whose estimated net worth adjusted for inflation would be in the several hundreds of millions.

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Who is the richest living American president? Net worths, ranked (13)

Who is the richest living American president? Net worths, ranked (2024)

FAQs

Who is the richest living American president? Net worths, ranked? ›

Bernard Arnault, chairman of LVMH, is the richest person and the richest man in the world with a net worth of $215 billion. After Arnault is Jeff Bezos, founder of Amazon. Other billionaires with some of the largest net worths include Tesla's Musk, Microsoft's Bill Gates, and Oracle's Larry Ellison.

Who is the number 1 richest person in America? ›

Elon Musk

Who is the no. 1 richest person in the world? ›

Bernard Arnault, chairman of LVMH, is the richest person and the richest man in the world with a net worth of $215 billion. After Arnault is Jeff Bezos, founder of Amazon. Other billionaires with some of the largest net worths include Tesla's Musk, Microsoft's Bill Gates, and Oracle's Larry Ellison.

Who is worth 70 billion? ›

2020
No.NameNet worth (USD)
3Bernard Arnault & family$76 billion
4Warren Buffett$67.5 billion
5Larry Ellison$59 billion
6Amancio Ortega$55.1 billion
6 more rows

What is the net worth of the top 1% in the US? ›

In the U.S., it may take you $5.81 million to be in the top 1%, but it takes a minimum net worth of $30 million to be considered among the ultra-high net worth crowd. As of the end of 2023, this ultra-high net worth population is on the rise, reaching 626,000 globally, up from just over 600,000 a year earlier.

Who are the six trillionaires? ›

These are the only 6 trillionaires who lived on earth from history who reached the pinnacle of wealth.
  • Genghis Khan. 1206–1227. King of Mongol Empire. ...
  • Zhao Xu. 1048–1085. ...
  • Akbar, The Great. 1542–1605. ...
  • Amenhotep III. 1388–1351 BC. ...
  • Augustus Caesar. 63 BC-14 AD. ...
  • King Solomon. 970–931 BCE. ...
  • Mansa Mousa. 1280–1337.
Jun 30, 2021

Who is the richest man of all time in America? ›

Business magnate and philanthropist John D. Rockefeller is widely considered the wealthiest American in history.

Who is the richest female in the world? ›

F or the fourth year in a row, L'Oréal heiress Françoise Bettencourt Meyers—an author and avid pianist—has secured the spot as the richest woman in the world.

What profession has the most billionaires? ›

In broader terms, the finance and investment profession has the most millionaires. It also has the most billionaires, with 371. Here's a list of the seven best careers if you want to be a millionaire.

Who is the richest woman in the world 2024? ›

Francoise Bettencourt Meyers, 70, has been deemed the richest woman in the entire world with a net work of $99.5 billion in 2024, according to Forbes. She owes it to the widely known cosmetic care company called L'Oreal, which was founded by her grandfather.

Who is the youngest billionaire? ›

A 19-year-old Brazilian student, Livia Voigt, claims the title of the world's youngest billionaire, surpassing Italian teen Clemente Del Vecchio. Voigt, heiress to a major electrical motors manufacturer, holds a net worth of $1.1 billion.

How rich is Taylor Swift? ›

According to Forbes, there are more billionaires than ever before (141 more than last year and 26 more than the 2021 record), with their collective worth reaching $14.2 trillion. Swift's inclusion comes after Forbes declared the singer a billionaire in October 2023 and reported her net worth at $1.1 billion.

Who was the richest person ever on the face of the earth? ›

Mansa Musa ruled over the Mali empire in the 14th Century, and his incredible access to gold made him arguably the richest human to have ever lived.

What salary is considered rich for a single person? ›

Based on that figure, an annual income of $500,000 or more would make you rich. The Economic Policy Institute uses a different baseline to determine who constitutes the top 1% and the top 5%. For 2021, you're in the top 1% if you earn $819,324 or more each year. The top 5% of income earners make $335,891 per year.

Does net worth include home? ›

Household wealth or net worth is the value of assets owned by every member of the household minus their debt. The terms are used interchangeably in this report. Assets include owned homes, vehicles, financial accounts, retirement accounts, stocks, bonds and mutual funds, and more.

What net worth is upper class? ›

The wealth of U.S. households by income tier. There is a wide gulf between the wealth of lower- and upper-income U.S. households. In 2021, the typical upper-income household had a median net worth of $803,400. This was 33 times as much as the wealth of the typical lower-income household ($24,500).

Is Taylor Swift richer than Elon Musk? ›

Joining the ranks of the world's wealthiest individuals is Taylor Swift, who has entered her billionaire "era." Elon Musk, propelled by the surge in Tesla stock and SpaceX's valuation, has reclaimed his position as the world's richest person in the annual ranking of billionaires, as per.

Who's richer, Kim Kardashian or Taylor Swift? ›

Perhaps the most surprising star that ranked ahead of Swift on this year's list was Kim Kardashian, who came in at No. 6 with a reported net worth of $1.7 billion. Of course, the reality star's Skims shapewear line has allowed her to make a bulk of money in recent years, as it was valued at $4 billion in 2023.

Who are the 5 richest people in the US? ›

Combined value of the five richest billionaires in the United States as of February 2024 (in billion U.S. dollars) The top five refers to the five riches billionaires at the time. They are Elon Musk, Jeff Bezos, Bill Gates, Larry Ellison and Warren Buffett.

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