Net Worth: $26M Served: 1989-1993
George H.W. Bush grew up in Connecticut with a wealthy family, the son of an investment banker. He may have grown up in wealth, but he still entered into public service. First, he joined the navy, serving during WWII, from 42’-45’. After his time in the military, he attended Yale where he was initiated into the infamous secret society, Skull and Bones. After graduation, he worked in the oil industry for several years before entering into politics.
Although Bush spent a large portion of his adult life living in Texas, he returned to the Northeast to purchase the famous Bush family vacation home in Kennebunkport, ME. The property is reportedly worth over $5 million and is where the family spends a lot of their time in the warmer months. Bush may have amassed a fortune of over $25 million, but he spent his life in public service, devoting his days to serving his country.
President Obama
Net Worth: $40M Served: 2008-2016
Barack Obama is hands-down one of the most popular presidents in modern history. The majority of his $40 million fortune comes through all of his press and media deals, along with his $600,000 presidential pension. Obama has also authored several books, including 2 that ended up on the New York Times Bestsellers list. The former president has an author page on Amazon where he sells digital forms of those books: "Dreams from My Father" and "The Audacity of Hope."
Perhaps the reasoning behind his amazing book sales would be that he left his second term in office as a very popular man, considering the fact he established the ACA and more. Aside from the books, he and his wife have also partnered with Netflix to produce a variety of shows and movies and have also recently entered into the podcast business.
President Pierce
Net Worth: $2M Served: 1853-1857
President Franklin Pierce got his start in politics at the young age of 24. Benjamin Pierce, his father, was a leader in politics himself and helped to get his son’s foot in the door. Franklin was very charismatic and was a natural public speaker, which paved a very bright path for him in politics and helped him to build himself a nice $2 million net worth.
Of course, it didn’t hurt that his wife, Jane Appleton, came from a wealthy family of her own. In fact, she was the daughter of a former president of Bowdoin University, which is where he ended up going to college. Pierce was the youngest person in history to be elected president in 1853 when he was just 47 years old – a feat that earned him the nickname, “Young Hickory,” among supporters.
President Roosevelt
Net Worth: $67M Served: 1933-1945
FDR grew up in a fairly wealthy family, the son of a businessman and landowner. His parents sent him to an exclusive private school when he was a teenager, where the sons of some of the most powerful men in the country attended. Later, he went to Harvard and Columbia and eventually passed the bar. He also married his cousin, and the niece of Theodore Roosevelt – Sara, who obviously came from plenty of wealth of her own.
But FDR decided that he was unhappy pursuing the life of an attorney and instead turned his focus to politics. He was elected as a state senator of New York and was re-elected again in 1912. He then entered a very prestigious position as assistant secretary of the Navy, a job which he loved, and which paid extremely well. He had amassed a large portion of his impressive $67 million net worth before ever becoming president.
President Harrison
Net Worth: $6M Served: 1889-1893
The 23rd president of the United States is a shining example of a self-made millionaire who lived the American dream to the fullest. The former president did come from a long line of politicians, however, as his father was a congressman and his grandfather served as president, as well. But he still decided to become a lawyer, which he did successfully for 18 years, amassing a large portion of his impressive net worth.
But Benjamin Harrison wasn’t just any lawyer. He worked on some incredibly high-profile cases, with large and powerful clients – like the entire nation of Venezuela, whom he helped to settle a dispute about their border. In 1890, in the middle of Harrison’s presidency, he was suspected of bribery when he was caught paying a cabinet member for an extravagant summer cottage in Cape May Point. He’d reportedly coughed up what would be nearly $300,000 in today’s financial world.