The Atlantic examined the finances of all American presidents and calculated the net worth figures for each in 2010 dollars. Taken into account were hard assets like land, estimated lifetime savings based on work history, inheritance, homes, and money paid for services.
One of the most important conclusions of this analysis is that the presidency has little to do with wealth. Several brought huge net worths to the job. Many lost most of their fortunes after leaving office. Some never had any money at all.
1 comment(s):
I think that's a rather silly conclusion. Most of the presidents were filthy rich by ordinary standards, and even those listed as "less than $1M" were probably rich, though perhaps not in all cases filthy rich.
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