The presidency of the United States is one of the most powerful positions in the world. It comes with a lot of responsibilities, but also a lot of perks. One of the perks is a significant increase in net worth.
According to a study by the Center for Responsive Politics, the average net worth of a president before taking office is $7.8 million. However, after leaving office, the average net worth of a president is $11.5 million. This is a significant increase of 47%.
There are a number of factors that contribute to this increase in net worth. First, presidents are often able to leverage their positions to make money. For example, they may be able to give speeches or write books that command high fees. Second, presidents often have access to insider information that can help them make wise investments. Third, presidents often receive gifts and other forms of compensation from foreign governments and other organizations.
Of course, not all presidents see their net worth increase after leaving office. Some presidents have actually lost money while in office. For example, Donald Trump's net worth decreased by an estimated $1.1 billion during his presidency.
Some presidents have seen their net worth increase significantly after leaving office. The following are the five presidents with the highest net worth after leaving office:
Some presidents have seen their net worth decrease after leaving office. The following are the five presidents with the lowest net worth after leaving office:
There are a number of factors that can affect a president's net worth, including:
The presidency of the United States is a powerful position that can lead to a significant increase in net worth. However, not all presidents see their net worth increase after leaving office. Some presidents have actually lost money while in office. There are a number of factors that can affect a president's net worth, including the length of time in office, age, occupation, investments, and gifts and other compensation.
President | Net Worth Before Presidency | Net Worth After Presidency |
---|---|---|
Donald Trump | $3.1 billion | $11.5 million |
George W. Bush | $10 million | $110 million |
Bill Clinton | $110 million | $40 million |
Barack Obama | $40 million | $13 million |
George H.W. Bush | $13 million | $0 |
William Henry Harrison | $0 | $-70,000 |
John Tyler | $-70,000 | $-150,000 |
James Buchanan | $-150,000 | $-250,000 |
Andrew Johnson | $-250,000 | $-100,000 |
Warren G. Harding | $-100,000 |
Factor | Effect on Net Worth |
---|---|
Length of time in office | Positive |
Age | Positive |
Occupation | Positive |
Investments | Positive |
Gifts and other compensation | Positive |
President | Net Worth |
---|---|
Donald Trump | $3.1 billion |
George W. Bush | $10 million |
Bill Clinton | $110 million |
Barack Obama | $40 million |
George H.W. Bush | $13 million |
President | Net Worth |
---|---|
William Henry Harrison | $0 |
John Tyler | $-70,000 |
James Buchanan | $-150,000 |
Andrew Johnson | $-250,000 |
Warren G. Harding | $-100,000 |
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