List of richest American politicians

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This list of richest American politicians includes current and former office-holders and political appointees, and is not necessarily adjusted for inflation. Estimated wealth is at least $100 million in 2012 dollars, for all the people listed here. The amounts listed here do not necessarily pertain to the politicians' time in office (i.e. some of them may have gotten much richer later on, or lost their money before they ran for office).

Presidents[edit]

NamePartyPositionDate(s)Estimated wealth (adjusted for inflation)Notes
George WashingtonIndependentU.S. President1789–1797$525 million[1]
Theodore RooseveltRepublicanU.S. President1901–1909$125 million[1]Born wealthy
Andrew JacksonDemocratU.S. President1829–1837$119 million[1]Married wealthy spouse, owned slaves, successful property owner
Thomas JeffersonDemocratic-RepublicanU.S. President1801–1809$212 million[1]Inherited land and slaves, but by old age was bankrupt.
James MadisonDemocratic-RepublicanU.S. President1809–1817$101 million[1]At age 50, Madison inherited land and slaves from his father
John F. KennedyDemocratU.S. President1961–1963$124 million[2]Born wealthy

Unsuccessful presidential candidates[edit]

NamePartyPositionDate(s)Estimated wealth (not necessarily adjusted for inflation so comparing to each other is speculative)Notes
Steve ForbesRepublicanBoard for International Broadcasting,
Candidate for US President
1985–1993,
1996 and 2000
$430 million[3]Editor and publisher
Ross PerotReformSelect Committee on Public Education,
Candidate for US President
1983,
1992 and 1996
$3.5 billion[4]Founded Electronic Data Systems and Perot Systems
Mitt RomneyRepublicanGovernor of Massachusetts,
Candidate for US President
2003–2007,
2008 and 2012
$190–250 million[5]Former CEO of Bain & Company and Bain Capital
John KerryDemocratUS Senator from Massachusetts,
Candidate for US President,
Secretary of State
1985–2013,
2004
2013-present
$193 million[6]His wife Teresa Heinz is the widow of the ketchup heir H. John Heinz III
John HancockFederalistGovernor of Massachusetts,
Candidate for US President
1780–1785 and 1787–1793,
1789
$100 million[7]
Ted KennedyDemocratUS Senator from Massachusetts,
Candidate for US President
1962–2009,
1980
$163 million[8]Inherited much wealth including a share of Merchandise Mart worth tens of millions.
Al GoreDemocratUS Senator from Tennessee,
Vice President of the United States,
Candidate for US President
1985–1993,
1993–2001,
2000
$100 million[9]Corporate advisor, started television channel and an asset management firm.
Nelson RockefellerRepublicanGovernor of New York,
Vice President of the United States,
Candidate for US President
1959–1973,
1974–1977,
1960s
$1 billion[10]Inherited much money. His grandfather, John D. Rockefeller, was extremely wealthy.
Samuel J. TildenDemocratGovernor of New York,
Candidate for US President
1875–1876,
1876
$200 million[11]His fortune was $8.5 million when he died in 1886. That comes to $200,000,000 in 2010.
James M. CoxDemocratGovernor of Ohio,
Candidate for US President
1913–1915 and 1917–1921,
1920
$350 million[12]His fortune was $40 million in 1950. That comes to $350,000,000 in 2010.

Other U.S. politicians[edit]

NamePartyPositionDate(s)Estimated wealth (not necessarily adjusted for inflation so comparing to each other is speculative)Notes
Michael BloombergIndependentMayor of New York City2002–2013[13]$31 billion[14]Founder of Bloomberg L.P.
Amo HoughtonRepublicanRepresentative from New York1987–2005$475 million[15]Former CEO of Corning Glass Works (now Corning Incorporated)
Arnold SchwarzeneggerRepublicanGovernor of California2003–2011$300–400 millionActor
Joseph P. Kennedy, Sr.DemocratUnited States Ambassador to the United Kingdom1938–1940$200–400 million[16]Investor, banker and liquor transporter
Jon CorzineDemocratUS Senator from New Jersey,
Governor of New Jersey
2001–2006,
2006–2010
$300 million[15]Former CEO of Goldman Sachs
Michael McCaulRepublicanRepresentative from Texas2005–present$294 million[6]Son-in-law of Clear Channel Communications founder Lowry Mays
Darrell IssaRepublicanCandidate for US Senator from California,
Representative from California
1998,
2001–present
$220 million[6]Founder of Directed Electronics
Carl PaladinoRepublicanBuffalo Public Schools board of education member,
Candidate for Governor of New York
2010–present$150 million[17]Retail real estate developer
Rick ScottRepublicanGovernor of Florida2011–present$103 million[18]Founder of Columbia Hospital Corporation

See also[edit]

References[edit]

  1. ^ a b c d e "The Net Worth of the U.S. Presidents: From Washington to Obama". The Atlantic. May 20, 2010. Retrieved August 18, 2012. 
  2. ^ Glen Vecchione, The Little Giant Book of American Presidents, page 135 (Sterling Publishing Company 2007).
  3. ^ "Mitt Romney to Report Financial Assets of at Least $190 Million". Associated Press. May 11, 2007. Retrieved August 18, 2012. 
  4. ^ "Henry Ross Perot - Forbes". Forbes.com. March 9, 2011. Retrieved May 16, 2011. 
  5. ^ "Romney would rank among richest presidents ever". USA Today. January 28, 2012. Retrieved May 23, 2012. 
  6. ^ a b c "The 50 Richest Members of Congress (2011)". Roll Call. Retrieved May 23, 2012. 
  7. ^ Robert Leckie. George Washington's War: The Saga of the American Revolution, page 53 (HarperCollins 1993).
  8. ^ "Ted Kennedy, RIP". Slate. August 26, 2009. Retrieved May 17, 2012. 
  9. ^ "Bill Clinton, Al Gore Get Rich After White House", ABC News (June 15, 2007).
  10. ^ Geri Spieler, Taking Aim at the President: The Remarkable Story of the Woman Who Shot at Gerald Ford, page 135 (Macmillan 2008).
  11. ^ Rossiter Johnson and John Howard Brown. The Twentieth Century Biographical Dictionary of Notable Americans (Biographical Society 1904).
  12. ^ “Dayton Daily News history: James M. Cox, Publisher”, Dayton Daily News. Accessed August 19, 2012.
  13. ^ http://www.newsday.com/news/new-york/de-blasio-era-begins-in-new-york-city-1.6702343
  14. ^ "Michael Bloomberg". Forbes. September 2013. Retrieved October 1, 2013. 
  15. ^ a b A Look at America's Richest Politicians. ABC News.
  16. ^ Smith, Richard Austin (November 1, 1957). "The Fifty-Million-Dollar Man, (sidebar: "America's Biggest Fortunes")". Fortune. 
  17. ^ Peters, Jeremy W. (April 5, 2010). "Conservative Developer Joins Race for Governor". The New York Times. 
  18. ^ "Gov. Rick Scott's net worth drops by $115 million". St. Petersburg Times. July 6, 2011. Retrieved July 21, 2011.