Mr. Beat counts down the Presidents from poorest to richest. Money can't buy happiness after you make more than $90,000 a year. https://www.washingtonpost.com/local/...
Produced by Matt Beat. All images/video by Matt Beat, found in the public domain, or used under fair use guidelines. Music by Electric Needle Room (Mr. Beat's band) and Reverse Snow Angel: https://myspace.com/rsa
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First of all, the annual American presidential salary is currently $400,000, with a measly $50,000 annual expense allowance.
And let’s give it up for President Donald Trump. (clap hands) Like Presidents Herbert Hoover and John F. Kennedy before him, he donates his annual salary to various government agencies, like the National Park Service and Department of Veteran Affairs.
However, Trump is a billionaire. The country’s first billionaire President, as a matter of fact, so he can easily afford to donate his salary. Plus, the idea that he is “working for nothing” is incredibly misleading, since President Trump continues to make money from all the real estate he owns or manages. He has actually faced multiple lawsuits for this. Those suing him argue that by making money through his real estate ventures while in office, he has violated the U.S. Constitution’s emoluments clauses.
But anyway, yeah Donald Trump is the richest President in history, but looking into this got me curious, so let’s just see how rich every President was in American history, from the poorest to the richest.
Now that said, we are going to look at peak wealth for the sake of this video. There were several Presidents who had debts when they died so they literally had a negative net worth.