As Joe Biden nears the end of his presidency, many are curious about what life looks like for former American leaders after they leave the White House. Forbes has recently shed light on this by publishing information on their post-presidency earnings. Let's take a look at which living ex-presidents of the United States have fared the best financially
Donald Trump
Despite financial challenges toward the end of his presidency, Donald Trump’s wealth has tripled since he left the White House and is now estimated to be around $3.8 billion. Trump has successfully restructured or paid off his multi-billion dollar debt, largely thanks to the success of his golf clubs and resorts. However, the most significant contributor to his financial recovery has been social media platform Truth Social, which is valued at $3 billion. Trump’s stake in the company is worth approximately $1.7 billion.
Barack Obama
While Barack Obama earned about $20 million during his time as a senator and president, his wealth grew exponentially after leaving office, now exceeding $70 million. In 2018, Obama and his wife, Michelle, founded Higher Ground Productions, a production company that partnered with Netflix to release several hit projects, including the film Leave the World Behind. In addition, the Obamas earn substantial income from public speaking engagements and own real estate worth $35.5 million.
George W. Bush
George W. Bush has also amassed a considerable fortune after his two terms as president. Since 2009, his wealth has grown to more than $40 million, with his real estate portfolio alone valued at $17 million. Factors contributing to Bush’s financial success include the popularity of his memoir, Decision Points. The book has surpassed sales of 2 million copies, generating around $7 million. Over the years, Bush has also delivered over 200 paid speeches and published two albums featuring his paintings.
Bill Clinto
After leaving office in 2001, Bill Clinton faced financial difficulties due to legal issues but quickly bounced back. Just days after his presidency ended, he earned $125,000 for speaking at a Morgan Stanley event. By 2016, when his wife Hillary was running for president, their combined income had surpassed $240 million, with Clinton’s personal wealth reaching $45 million. The Clintons’ primary sources of income include paid speaking engagements and book sales.
Jimmy Carter
At the age of 99, Jimmy Carter has never sought wealth, leading a modest lifestyle. After leaving the White House in 1981, he sold his debt-ridden farm, and in 1994 donated another property in Georgia worth $170,000, to the US government. Despite his frugal lifestyle, Carter earned a respectable income from his writing. During his post-presidency, he published 34 books, including memoirs, poetry collections, and a children's book.