The 5 richest US presidents of all time
Three billionaires are vying to become president
Running a presidential campaign is no easy — or affordable — feat, frequently attracting candidates with vast personal fortunes at their disposal.
There are three billionaires running to compete in the 2020 election: Incumbent President Trump, hedge fund manager Tom Steyer and former New York City Mayor Michael Bloomberg, one of the wealthiest men in the world.
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Trump, worth an estimated $3.1 billion, according to Forbes, nabs the top spot as the wealthiest person to ever occupy the Oval Office. A swath of Trump’s wealth stems from his sweeping real estate holdings, with roughly $1.5 billion concentrated in New York, Forbes reported. An additional $660 million stems from non-New York City real estate.
In second place is President John F. Kennedy, who was born into enormous wealth — and then married in another incredibly rich family, leaving him with a fortune worth $1 billion. Forbes reported that Kennedy’s presidential campaign was bankrolled by his dad, Joe Kennedy, one of the richest men in America. He made his money in banking, stock trading and bootlegging.
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Adjusted for inflation, George W. Washington, in third place, would be worth an estimated $525 million, according to Business Insider, making the first president one of the richest until Trump, the 45th, was elected nearly four years ago. Washington owned 300 slaves and a massive estate in Virginia, which stretched across 8,000 acres.
The third president, Thomas Jefferson, was worth about $212 million, as estimated by 24/7 Wall St. He was left 3,000 acres and several dozen slaves by his father.
Teddy Roosevelt, born to a prominent and wealthy family in New York City, had a fortune close to $125 million. Like presidents before him, he made his money on land holdings, including a 235-acre estate that sits on Long Island.
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