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George Washington accordingly had a broad portfolio of assets and investments which contributed to his significant net worth. As President, Washington drew a significant salary, equal to 2% of the total government budget. [4] Washington was a significant landowner, his 1800 Will recording 52,194 acres of land to be sold or distributed. [5]
How does the salary of George Washington compare to that of Barack Obama’s? The country’s first U.S. president made $25,000 for the job in 1789.
Most presidents before 1845 were extremely wealthy, especially Andrew Jackson and George Washington. Presidents since 1929, when Herbert Hoover took office, have generally been wealthier than presidents of the late nineteenth and early twentieth centuries; with the exception of Harry S. Truman, all presidents since this time have been millionaires.
On September 24, 1789, Congress voted to pay the president a salary of $25,000 a year, and the vice president an annual salary of $5,000. [ 69 ] [ 70 ] Washington's salary was equal to two percent of the total federal budget in 1789.
George Washington made $25,000 a year back in 1789, ... George Washington made $25,000 a year back in 1789, which is more than Obama's designated salary by today's standards.
George Washington declined his presidential salary in his inaugural address. John F. Kennedy and Herbert Hoover donated their salaries to charity, and, in the case of Hoover, to staff.
George W. Bush. Net worth: $50 million His father left office in 1993, and eight years later George W. Bush moved his own family into the White House. The Republican president was elected to two ...
George Washington (February 22, 1732 [a] – December 14, 1799) was a Founding Father and the first president of the United States, serving from 1789 to 1797. As commander of the Continental Army , Washington led Patriot forces to victory in the American Revolutionary War against the British Empire .