These U.S. Politicians Are Incredibly Wealthy
Being involved in American politics is never easy, and those who genuinely want to make a difference don’t exactly make a fortune for their efforts. But that doesn’t mean all politicians have to watch their budgets carefully — at least not their personal ones. Some politicians are among the richest people in the country.
Let’s take a look at some of the current and former politicians with the fattest bank accounts in America. Wait until you see how Donald Trump stacks up compared to Barack Obama, Hillary Clinton and others!
30. Ron Johnson | Over $36 Million
According to reports, Senator Ron Johnson's estimated net worth stands at around $36 million. It may not seem like much compared to the rest of the list, but among senators, Johnson is one of the wealthiest. His estimated net worth came from many business ventures, including his former salary as the CEO of a polyester manufacturing company, PACUR.
29. Barack Obama | Over $40 Million
According to the American University's business analytics program, Barack Obama's estimated net worth of $40 million could actually be much higher. The concrete numbers aren’t known, but many suspect that he is earning more money after his presidential term than ever before.
28. Bob Corker | Over $45 Million
Tennessee's Senator Bob Corker is quite an entrepreneur and definitely among the richest senators in the country. Apart from his career as a politician, his business ventures helped him acquire an estimated net worth of about $45 million, with some reports claiming the number is much higher at around $69 million.
27. Hillary Clinton | Over $52 Million
The net worth estimates for Hillary Clinton tend to vary, as they do for Bill Clinton. Although it isn't clear how much money she accumulated during her years in the White House — first as First Lady and then as Secretary of State — but it has been reported that she started making a lot more money after her husband's presidency.
26. James Risch | Over $53 Million
Idaho's Senator James Risch is also known for being one of the richest senators in the country. His impressive net worth comes from his ambitious land investments — 260 acres, in fact. According to Investopedia, this puts his estimated net worth at $53 million, although the figures seem to vary from source to source.
25. Richard Blumenthal | Over $70 Million
Connecticut's Senator Richard Blumenthal stands at a pretty impressive net worth of more than $70 million. He has been involved in politics for more than a decade, and he became Connecticut's senior senator in 2012.
24. Vernon Buchanan | Over $73 Million
Florida's very own Vernon Buchanan has reportedly tucked away more than $74 million, which is pretty impressive. He has been involved in politics for a long time, and he has represented Florida's 13th District since 2007. If there's anything we've learned today, it’s that most politicians also have other business ventures.
23. Bill Clinton | Over $75 Million
Now, here's a man of mystery when it comes to net worth. Considering his wife is worth a fortune as well, it's unclear just how much Bill Clinton earns, but his estimated net worth comes in at more than $75 million. When he left the White House, he was $16 million in debt due to legal fees related to the Lewinsky scandal.
22. Mark Warner | Over $90 Million
Virginia's Senator Mark Warner is also among the seven richest senators in Congress. Barack Obama heavily endorsed his Minimum Wage Fairness Act. Serving as both a senator and a governor, he has spent years in politics.
21. John Delaney | Over $92 Million
This member of Congress serves Maryland's 6th District. He is also one of the politicians who always had a clear ambition to run for president, and he’s finally doing it in 2020. If he does win the 2020 presidential election, you can expect his earning power to go even higher.
20. Dianne Feinstein | Over $94 Million
Dianne Feinstein is a California senator with an impressive estimated net worth of $94 million. That makes her the second wealthiest senator in the country. Apart from being a politician, she is involved in her husband's private equity firm, Blum Capital.
19. Michael McCaul | Over $113 Million
Texas Congressman Michael McCaul is known for his heavy endorsement of President Donald Trump. He was first elected to Congress in 2005, but he was involved in politics long before that. He previously worked as an attorney, so his net worth was already pretty fantastic.
18. Dave Trott | Over $119 Million
As of 2019, Michigan's Dave Trott has been reported as the state's richest politician. Previously a foreclosure attorney, he made a name for himself in the real estate business world and was even called the "foreclosure king" by critics in his state.
17. Nancy Pelosi | $120 Million
Speaker of the United States House of Representatives Nancy Pelosi is the first woman in U.S. history to hold said position — and this also makes her the highest-ranking woman to hold an elected position in U.S. history. In 2009, the nonpartisan Center for Responsive Politics (CRP) reported that Speaker Pelosi’s net worth totaled $58.5 million, making her the one of the wealthiest members of Congress at the time.
16. Jared Polis | Over $122 Million
Being young is often a disadvantage for people involved in politics, but Jared Polis isn’t one of those people. He was able to make a name for himself pretty quickly, and he ultimately became one of the wealthiest young men in the U.S. Congress. Pretty impressive, right?
15. Greg Gianforte | Over $135 Million
Greg Gianforte is known in Montana as the second richest Congress member. Unfortunately, he is also known for assaulting a Guardian journalist and blaming it all on liberal media. Like the others on this list, his money doesn't just come from his involvement in politics.
14. Mitt Romney | Over $190 Million
The reports about Mitt Romney's net worth vary from source to source, but most seem to agree that he is definitely worth more than $190 million. Romney became a household name in the political world after going head-to-head with Barack Obama for the title of 44th President of the United States.
13. John Kerry | Over $200 Million
John Kerry is well known in the political world for being a former presidential nominee and the 68th Secretary of State. Going head-to-head with President Bush had to be pretty terrifying, but it was what made his name known — although in a slightly controversial way.
12. Rick Scott | Over $232 Million
Florida's controversial Governor Rick Scott has an impressive net worth that only seems to grow year after year. Along with transferring assets to a blind trust, he has been involved in the healthcare industry as well as the Navy.
11. Darrell Issa | Over $283 Million
California's very own Darrell Issa is next on our list, with a net worth that is significantly higher than Florida's Rick Scott. If you've been wondering who is the richest member of Congress, you're finally getting your answer — Darrell Issa.
10. Arnold Schwarzenegger | Over $400 Million
Arnold Schwarzenegger is one of those names everyone knows, no matter where you are in the world. Whether it was in bodybuilding, movies or politics, Schwarzenegger made sure he would leave behind a lasting legacy. Additionally, he will also leave behind an impressive net worth.
9. Steve Forbes | Over $430 Million
Although Steve Forbes is mostly known for his successful business magazine, he also had an impressive political career when he entered the Republican primaries in 1996. Yep, he ran for President. It worked in his favor because he managed to sell Forbes' voting shares for an impressive amount.
8. Bruce Rauner | Over $1 Billion
Bruce Rauner's net worth is definitely worth talking about, especially since he only won the Illinois high office in 2015. The man isn't only a passionate politician; he is also a pretty important businessman with an MBA from the one and only Harvard University.
7. Mark Dayton | Over $1.6 Billion
Coming from a rich family can definitely pay off, especially if your name is Mark Dayton. Minnesota's governor comes from a family with a long history of successful entrepreneurs, which meant he was under a lot of pressure to make sure he was just as business savvy as his ancestors.
6. Bill Haslam | Over $1.8 Billion
Tennessee's Bill Haslam is one of those mysterious names no one knew before he made his way to the top of the political ladder. Now, he is definitely one of the richest politicians currently alive. In 2015, Forbes acknowledged his stunning net worth and attributed it to his inheritance and political career.
5. Pete Ricketts | Over $1.9 Billion
If you don't know the name Pete Ricketts, maybe Joe Ricketts will ring a bell. Pete’s father, Joe, is the founder of TD Ameritrade and the main source of his impressive net worth. The entire Ricketts family is heavily involved in politics, and they have been part of plenty of controversial moments.
4. Jim Justice | Over $1.9 Billion
Justice is a fitting last name for someone involved in politics, right? West Virginia's very own Jim Justice is one of the richest living politicians on our list. Elected in 2016, he is also the state's sole billionaire. Like many other politicians, his net worth comes largely from his inheritance.
3. Donald Trump | Over $3.1 Billion
Finally, the name you've been waiting for — President Donald Trump is obviously one of the richest politicians in America, although his net worth has significantly dropped since 2018. Compared to his former earnings, even the job of President doesn’t pay very well. It’s only a few hundred thousand dollars, right?
2. Meg Whitman | Over $3.8 Billion
Although Whitman isn’t exclusively involved in politics, she deserves a spot on our list. In 2008, her name was repeatedly mentioned as one of the women most likely to become the first female President of the United States. She won the Republican primary in 2010 but endorsed Hillary Clinton in 2016.
1. Michael Bloomberg | Over $56 Billion
The top spot on our list belongs to the one and only Michael Bloomberg. Much like Meg Whitman and Donald Trump, Bloomberg wasn't strictly involved in just politics during his career. As a candidate in the 2020 Democratic Party primaries, he definitely deserves to be on our list.