Presidential Wealth: How Rich Are Our Commanders In Chief?
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The net worth of U.S. presidents can change dramatically from before they enter the White House to after they leave office. Some presidents tend to rake in mega cash from high-profile speaking engagements, book deals, and business ventures after their presidency. Some enter the White House with wealth and are worth millions.
Joe Biden (photo via The White House), Donald Trump (photo via https://www.donaldjtrump.com/), Barack Obama (photo via barackobama.com)
Here’s a look at how net worth evolved for the last three presidents: Joe Biden, Donald Trump, and Barack Obama.
Joe Biden’s Wealth
Biden’s net worth before taking office was approximately $9 million, primarily from book deals and speaking fees, according to GoBakingRates. Currently, Biden and first lady Jill Biden have an estimated net worth of $10 million, according to Forbes. In 2023, they earned approximately $620,000 before taxes, as reported in their tax return released by the White House in April 2024, Investopedia reported. President Biden’s annual salary is $400,000, while Jill Biden earns around $86,000 annually from her full-time teaching position at Northern Virginia Community College. Time will tell if Biden’s net worth will jump when he exits the White House in January.
Donald Trump: Rich or Not?
Trump...
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