When Donald Trump takes the oath of office Friday, he will become the richest president in U.S. history. Forbes estimates his net worth to be about $3.7 billion. But aside from Mr. Trump, who are the wealthiest presidents ever? The following list is adjusted for inflation, so the figures represent today’s dollars. The president who ranks #1 may surprise you.
10. John F. Kennedy – $1 million. Kennedy ranks lower than most would have expected, because while the family tops any other U.S. president’s wealth, JFK didn’t directly own the family’s assets, as it was shared in a trust with other family members.
9. Franklin D. Roosevelt – $66 million. Much of Roosevelt’s wealth was inherited.
8. Bill Clinton – $75 million. Unlike the others on this list, the bulk of Clinton’s wealth has been accumulated after leaving office, mostly through speeches and book deals.
7. Herbert Hoover – $82 million. Hoover made his fortune as a mining company executive and accumulated valuable holdings in several mining companies.
6. Lyndon B. Johnson – $108 million. LBJ inherited a small piece of land in Texas and built it up into the 1,500-acre ranch that became known as the Texas White House.
5. James Madison – $112 million. The fourth president’s fortune came from real estate after he inherited land from his father.
4. Andrew Jackson – $131 million. Jackson became wealthy from land speculation and was one of three investors who founded Memphis.
3. Theodore Roosevelt – $138 million. The 26th president was born into a wealthy New York City family and made money from valuable real estate.
2. Thomas Jefferson – $234 million. Like other presidents, he also inherited a real estate fortune.
1. George Washington – $580 million. Our country’s first president made his enormous fortune as a land speculator.