Donald Trump is now the wealthiest person to ever become president.

• Before him, George Washington was considered the richest president in history.

• He had an estimated net worth of $525 million, in today’s dollars.


Donald Trump is the wealthiest president in history.

Forbes estimates his net worth is $3.1 billion, although he’s previously claimed to be worth much more than that.

And, since the president never released his tax returns, his financial situation is still somewhat unclear.

Still, it appears that he’s the first ever billionaire to ascend to the White House.

Until now, the wealthiest president in US history also happened to be the first: George Washington.

The soldier, farmer, brewer, entrepreneur, and statesman is thought to have had an estimated net worth of $525 million in today’s dollars. He not only earned more than other presidents — his salary was twice the total US budget in 1789, 24/7 Wall Street reports — but he owned over 50,000 acres of land.

Read on to learn more about the finances of the first US president:

This is an updated version of a post by Kathleen Elkins.

Washington was born at Pope’s Creek in Westmoreland County, Virginia, in 1732. He was the oldest of Augustine Washington and Mary Ball’s six children and also had three half-siblings. When Washington was 11 years old, Augustine died, leaving the future founding father with a great deal of responsibility managing the family’s plantation.