US president Salary and net worth: The United States of America, commonly known as the United States or, America is the world’s third largest country. And as an ordinary American, the presidents of the U.S. are also on salary. Moreover, presidential salaries have been a hot topic in recent times. So, how much have U.S. Presidents Earned through the Years?
US President Salary & Net worth
|US President Net Worth||N/A|
|US President Salary||$400 K|
The Presidents of America receiving an annual salary of $400,000 since 2001. On top of their pay, the President of the United States received extra benefits includes expense allowance of $ 50K and separate non-taxable funds of $19,000 for travel and entertainment. Besides, another perk is upon leaving their position they are entitled to a pension of around $200,000, as well as health care coverage and paid official travel. Well, there have been five pay rises for the president since when George Washington came into office in1789. Moreover, the most recent one coming in 2001, when Congress doubled the presidential salary.
Furthermore, the apex wealth of Presidents of the United States has varied considerably from time to time. Since 1929, the presidents have generally been wealthier than before. All were millionaires expect Harry Truman who took office from 1945 to 1953. Moreover, all these presidents earned a substantial income from autobiographies and other writing. Additionally, many presidents, including Bill Clinton, had considerable income from public speaking after leaving office.
Moreover, Donald Trump is the wealthiest president in history. He is the first billionaire president. His estimated net worth is $3 billion. President Donald Trump pledged to donate his entire $400,000-per-year salary to charity. In May 2018, is first-quarter salary to the Department of Veterans Affairs. Reportedly, George Washington, the first U.S. President was the second-wealthiest President. Moreover, President Abraham
Here are the historical presidential salaries of United States listed below:
1789 – 1873: $25,000
1873 – 1909: $50,000
1909 – 1949: $75,000
1949 – 1969: $100,000
1969 – 2001: $200,000
2001 – Present: $400,000