List of richest American politicians

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

NamePartyPositionDate(s)Estimated wealth (adjusted for inflation)Notes
Donald TrumpRepublicanPresident2017–present$3.1 billion (in dispute) [1]Inheritance, business, real estate, reality TV, and marketing
George WashingtonIndependentPresident1789–1797$525 million[2]Inheritance, business, and marriage.
Thomas JeffersonDemocratic-RepublicanPresident1801–1809$212 million (died bankrupt)[2]Inheritance, business.
John F. KennedyDemocraticPresident1961–1963$124 million[3]Inheritance.
Theodore RooseveltRepublicanPresident1901–1909$125 million[2]Inheritance.
Andrew JacksonDemocraticPresident1829–1837$119 million[2]Marriage, business, and real estate.
James MadisonDemocratic-RepublicanPresident1809–1817$101 million[2]Inheritance, business.

Unsuccessful presidential candidates

NamePartyPositionDate(s)Estimated wealth (not adjusted for inflation)Notes
Hillary ClintonDemocraticFirst Lady,
U.S. Senator from New York,
Secretary of State,
Candidate for U.S. President
1993–2001,
2001–2009,
2009–2013,
2008 and 2016
$52–111 million[4]Paid speeches, book deals, Clinton Foundation proceeds/skimming.
Mitt RomneyRepublicanCandidate for U.S. Senator from Utah and Massachusetts,
Governor of Massachusetts,
Candidate for U.S. President
1994,
2003–2007,
2008 and 2012, 2018
$190–250 million[5]Son of Michigan Governor George W. Romney. Former CEO of Bain Capital and Bain & Company.
John KerryDemocraticU.S. Senator from Massachusetts,
Candidate for U.S. President,
Secretary of State
1985–2013,
2004
2013–2017
$200 million[6]Marriage. Current wife, Teresa Heinz, is the widow of H. John Heinz III, heir to H. J. Heinz Company.
Al GoreDemocraticU.S. Senator from Tennessee,
Vice President,
Candidate for U.S. President
1985–1993,
1993–2001,
1988 and 2000
$200 million[7]Inheritance. Son of attorney and US Senator Albert Gore Sr. who owned a stake in Occidental Petroleum, book and film deals.
Steve ForbesRepublicanBoard for International Broadcasting,
Candidate for U.S. President
1985–1993,
1996 and 2000
$430 million[8]Editor and publisher.
Ross PerotReformSelect Committee on Public Education,
Candidate for U.S. President
1983,
1992 and 1996
$4.1 billion[9]Founded Electronic Data Systems and Perot Systems.
Ted KennedyDemocraticU.S. Senator from Massachusetts,
Candidate for U.S. President
1962–2009,
1980
$163 million[10]Inherited much wealth – including a stake in The Chicago Merchandise Mart.
Nelson RockefellerRepublicanGovernor of New York,
Vice President,
Candidate for U.S. President
1959–1973,
1974–1977,
1960s
$1 billion[11]Inheritance. Grandson of John D. Rockefeller.
James M. CoxDemocraticGovernor of Ohio,
Candidate for U.S. President
1913–1915 and 1917–1921,
1920
$40 million (D. 1950)[12]Founded a chain of newspapers that continues today as Cox Enterprises, a media conglomerate.
Samuel J. TildenDemocraticGovernor of New York,
Candidate for U.S. President
1875–1876,
1876
$8.5 million(D. 1886)[13]Inheritance. His father and other family members were the makers of Tilden's Extract, a popular patent medicine of the 1800s and early 1900s. Law practice, investments
John HancockFederalistGovernor of Massachusetts,
Candidate for U.S. President
1780–1785 and 1787–1793,
1789
$100 million[14]Inherited much wealth – including a profitable mercantile business from his uncle.

Other U.S. politicians

NamePartyPositionDate(s)Estimated wealth (not adjusted for inflation)Notes
Michael BloombergDemocraticMayor of New York City2002–2013[15]$47.5 billion[16]Founder of Bloomberg L.P.
David KochRepublicanLibertarian nominee for Vice President1980$44.2 billion[17][18]Son of Fred Koch, founder of Koch Industries; VP of Koch Industries
J.B. PritzkerDemocraticCandidate for Governor of Illinois2018$3.5 billion[19]Inheritance, family owns the Hyatt hotel chain
Penny PritzkerDemocraticSecretary of Commerce2013–2017$2.5 billion[20]Founder of PSP Capital Partners and Pritzker Realty Group
Wilbur RossRepublicanSecretary of Commerce2017–present$2.5 billion[21]Serial investor
Bill HaslamRepublicanMayor of Knoxville,
Governor of Tennessee
2003-2011,
2011–present
$2 billion[22]Former CEO of the e-commerce and catalog division of Saks Fifth Avenue; Son of Jim Haslam, founder of Pilot Corporation
Mark DaytonDemocraticState Auditor of Minnesota,
U.S. Senator from Minnesota,
Governor of Minnesota
1991–1995,
2001–2007,
2011–present
$1.6 billionGreat grandson of George Dayton, the founder of Target[23]
Jim JusticeRepublican with a year intermission as DemocraticGovernor of West Virginia2017–present$1.59 billion[24]Inheritance, coal and agriculture holdings, The Greenbrier resort
Betsy DeVosRepublicanSecretary of Education2017–present$1.25 billion[21]Daughter of Edgar Prince, founder of Prince Corporation; Daughter-in-law of Richard DeVos, co-founder of Amway; sister of Erik Prince, founder of Blackwater USA
Linda McMahonRepublicanAdministrator of the Small Business Administration2017–present$938 million-1.1 billion [25] Married to Vince McMahon, who inherited the professional wrestling business founded by his grandfather Jess McMahon and now known as WWE
Bruce RaunerRepublicanGovernor of Illinois2015–present$500 million+Chairman of GTCR
Amo HoughtonRepublicanRepresentative from New York1987–2005$475 million[26]Great-great-grandson of Amory Houghton, Sr., founder of Corning Glass Works; Former CEO of Corning Glass Works
Jared PolisDemocraticRepresentative from Colorado2009–present$388 million[27]Founder of ProFlowers
Rex TillersonRepublicanSecretary of State2017–2018$325 million[21]Former CEO of ExxonMobil
Greg GianforteRepublicanRepresentative from Montana2017–present$315 million[28]Founder of RightNow Technologies
Jon CorzineDemocraticUS Senator from New Jersey,
Governor of New Jersey
2001–2006,
2006–2010
$300 million[26]Former CEO of Goldman Sachs
Steven MnuchinRepublicanSecretary of the Treasury2017–present$300 million[21]Former executive of Goldman Sachs
Michael McCaulRepublicanRepresentative from Texas2005–present$294 million[6]Son-in-law of Lowry Mays, founder of Clear Channel Communications
Mark WarnerDemocraticU.S. Senator from Virginia,
Governor of Virginia
2009–present,
2002-2006
$243 million[29]Co-Founder of Nextel Communications
Darrell IssaRepublicanCandidate for U.S. Senator from California,
Representative from California
1998,
2001–present
$220 million[6]Businessman; founder of Directed Electronics
Joseph P. Kennedy, Sr.DemocraticU.S. Ambassador to the U.K.1938–1940$200–400 million[30]Investor, banker, filmmaker
Carl PaladinoRepublicanBuffalo Public Schools board of education member,
Candidate for Governor of New York
2010–2017$150 million[31]Retail real estate developer
Rick ScottRepublicanGovernor of Florida2011–present$147 million[32]Founder of Columbia Hospital Corporation
Arnold SchwarzeneggerRepublicanGovernor of California2003–2011$100–$200 million[33]Real estate, acting

See also

References

  1. "#156 Donald Trump".
  2. 1 2 3 4 5 "The Net Worth of the U.S. Presidents: From Washington to Obama". The Atlantic. May 20, 2010. Retrieved August 18, 2012.
  3. Glen Vecchione, The Little Giant Book of American Presidents, page 135 (Sterling Publishing Company 2007).
  4. Hillary Clinton net worth, moneynation.com; accessed September 16, 2016.
  5. "Romney would rank among richest presidents ever". USA Today. January 28, 2012. Retrieved May 23, 2012.
  6. 1 2 3 "The 50 Richest Members of Congress (2011)". Roll Call. Retrieved May 23, 2012.
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  8. "Mitt Romney to Report Financial Assets of at Least $190 Million". Associated Press. May 11, 2007. Retrieved August 18, 2012.
  9. "Henry Ross Perot profile". Forbes.com. Retrieved August 16, 2016.
  10. "Ted Kennedy, RIP". Slate. August 26, 2009. Retrieved May 17, 2012.
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  12. Dayton Daily News history: James M. Cox, Publisher", Dayton Daily News; accessed August 19, 2012.
  13. Rossiter Johnson and John Howard Brown. The Twentieth Century Biographical Dictionary of Notable Americans (Biographical Society 1904).
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  17. Alex Morrell. "David Koch". Forbes.com. Retrieved 2015-06-10.
  18. "David Koch". Forbes.com. Retrieved March 25, 2015.
  19. "Jay Robert (J.B.) Pritzker". Forbes.com. Forbes. Retrieved 2018-07-21.
  20. "Penny Pritzker". Forbes.com. Forbes. Retrieved 2017-06-21.
  21. 1 2 3 4 Peterson-Withorn, Chase (2016-12-22). "Here's What Each Member Of Trump's $4.5 Billion Cabinet Is Worth". Forbes.com. Forbes. Retrieved 2017-02-05.
  22. "The richest politician in America is the governor of Tennessee". Retrieved October 31, 2015.
  23. "America's Richest Families". Forbes.com. Forbes. Retrieved August 19, 2015. #157 Dayton Family 1.6 B
  24. "Jim Justice, II". Forbes.com. Retrieved November 9, 2016.
  25. http://www.ctpost.com/local/article/Linda-and-Vince-McMahon-disclose-billion-in-assets-11050232.php
  26. 1 2 A Look at America's Richest Politicians, ABC News; accessed November 11, 2016.
  27. "Rep. Jared Polis (D-CO)". members-of-congress.insidegov.com. Retrieved 2016-05-26.
  28. "What you need to know about House candidate Greg Gianforte and Montana's special election". Retrieved 2017-06-21.
  29. "Sen. Mark R. Warner (D-VA)". members-of-congress.insidegov.com. Retrieved 2016-05-26.
  30. Smith, Richard Austin (November 1, 1957). "The Fifty-Million-Dollar Man, (sidebar: "America's Biggest Fortunes")". Fortune.
  31. Peters, Jeremy W. (April 5, 2010). "Conservative Developer Joins Race for Governor". The New York Times.
  32. Rick Scott's net worth grows to $147 million, miamiherald.com (July 2015).
  33. Williams, Lance (August 17, 2003). "Schwarzenegger worth $100 million, experts say". San Francisco Chronicle. Archived from the original on March 28, 2008. Retrieved April 18, 2008.
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