When people think about presidents, they often think about wealth. Donald Trump is a billionaire (or so he says). John Kennedy’s family had a huge fortune. The Roosevelts were from money. The Bush family had money from investment banking. George Washington owned a tremendous amount of land.
Not all presidents are rich, or even middle class by the measure of their times. Lincoln was born into poverty and never made money. Harry Truman had been a shoe salesman.
Despite the advantage that those with money and power have in presidential campaigns, and despite the lucrative opportunities afforded to former presidents, nine presidents nevertheless never achieved a net worth of over $1 million in their lifetimes.
24/7 Wall St. reviewed historical sources in order to determine which U.S. presidents never amassed a high level of wealth.
Many presidents who never became highly wealthy came from humble beginnings. Andrew Johnson,…