How Much Does The President Make?

By on November 8, 2016 in ArticlesEntertainment

President of the United States Salary: How much money does President make a year? The President of the United States earns an annual base salary of $400,000. The President is also given a few nice bonuses like an annual expense account, a travel account and a $20,000 entertainment stipend. These fringe benefits bring the President's total salary to just over $550,000 each year.

Has the President always been paid so little (relatively), considering the weight and responsibility of the job?  Well, some decades are better than others.  For example, back in the late 1700s, when America was young, the president's annual salary was $25,000.  If you adjust $25,000 for inflation, that figure translates to about $560,000. By contrast, President Richard Nixon's salary in 1969 was $200,000, which is a little over $1 million dollars in today dollars.  He may have claimed not to be a crook, but in presidential salary terms, he was a hustler.  Still, that's nothing compared to President Theodore Roosevelt.  The first Roosevelt earned a salary of $75,000 per year — in modern bucks, that's $1.7 million dollars.  You could buy a lot of Teddy Bears with that kinda scratch.

Let's compare President Obama's net worth to other living presidents. Obama has a net worth of $12.2 million dollars. Former president George H. W. Bush is worth $25 million and his son George W. Bush is worth $40 million. Bill Clinton is worth $80 million. Perhaps most impressively, Clinton's former Vice President's not doing bad either: Al Gore has a net worth of $300 million.

 Barack Obama

Adam Berry/Getty Images

 

Presidential net worths:

Barack Obama net worth

George H. W. Bush net worth

George W. Bush net worth

Bill Clinton net worth

Articles Written by Brian Warner
Brian launched CelebrityNetWorth in October 2008 after noticing a distinct lack of results for various celebrity finance web searches. He previously spent seven years as the Managing Editor of a large digital entertainment portal. Brian's favorite rags to riches billionaire is Kirk Kerkorian.
Did we make a mistake?
Submit a correction suggestion and help us fix it!
Submit a Correction
Discussion