In the early 1990s, Donald Trump's organization and subsidiaries owed debts of $9 billion, while Trump personally was on the hook for $975 million. Purportedly, during this time, Trump and a companion were walking down the street when Trump pointed to a homeless man and stated, “That guy isn’t worth 10 cents, but he’s got $900 million more than me!” Trump eventually resolved his financial problems at the bankruptcy courthouse.
If Trump is elected President, he will have the dubious distinction of being both the richest and the poorest man to have held that office.
Disregarding the Trump factor, the ten wealthiest Presidents of the USA, after adjusting for inflation, and ranking the richest first, were:
1. John Kennedy (Democrat)
2. George Washington (no party affiliation)
3. Thomas Jefferson (Democrat-Republican)*
4. Theodore Roosevelt (Republican)
5. Andrew Jackson (Democrat)
6. James Madison (Democrat-Republican)
7. Lyndon Johnson (Democrat)
8. Herbert Hoover (Republican)
9. Franklin Roosevelt (Democrat)
10. William Clinton (Democrat)
The ten least wealthy Presidents, after adjusting for inflation, and ranking the poorest first, were:
1. Harry Truman (Democrat)
2. Calvin Coolidge (Republican)
3. Woodrow Wilson (Democrat)
4. Chester Arthur (Republican)
5. James Garfield (Republican)
6. Ulysses Grant (Republican)
7. Andrew Johnson (National Union/Democrat)
8. Abraham Lincoln (Republican)
9. James Buchanan (Democrat)
10. Warren Harding (Republican)
Barack Obama currently ranks near the middle as the 21st wealthiest (or the 22nd poorest).
*The Democrat-Republican Party eventually evolved in 1828 into what is now the Democrat Party.
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