Even though technically you don’t need to be rich to be the President of the United States of America, most of the presidents of this great nation have been rich. For instance, the first president George Washington was worth around $525 million (today’s dollar value).
Here are the top 10 richest candidates who are running for the 2016 US presidential election, according toForbes and Politico.
10) Jim Gilmore (R) – Net Worth: $8.17 Million
Former Governor of Virginia Jim Gilmore served in the US Military Intelligence Group before becoming Attorney General in 1993. He announced his run for the 2016 Republican presidential nomination on July 7, 2015. Gilmore was Virginia’s governor from 1988 to 2002. He is President and CEO of the political and economic think tanks, Free Congress Foundation.
9) George Pataki (R) – Net Worth: $11.29 Million
Lawyer and Republican Party politician George Pataki announced his run for the Republican nomination for the 2016 US presidential election on May 28, 2015. He served three terms as the Governor of New York from 1995 to 2006. He became rich through his beef business. Pataki is also the founder and president of energy company, The Pataki-Cahill Group.
8) Mike Huckabee (R) – Net Worth: $11.88 Million
Huckabee served as the Governor of Arkansas between 1996 and 2007. He announced his candidacy for the Republican nomination in the 2016 presidential election in Hope, Arkansas in May 2015. He is also a Christian minister, author and commentator. He made money in Christian broadcasting.
7) John Kasich (R) – Net Worth: $12.6 Million
Ohio Gov. John Kasich and his wife have an estimated net worth ranging between $9.1 million and $22.3 million as of August 2015, according to personal financial disclosure. He has been the Governor of Ohio since 2010. Before getting into politics, Kasich made his wealth in the private sector as an investment banker and served as a managing director at the Lehman Brothers. As a Governor he earns $148,886 a year.
6) Ben Carson (R) – Net Worth: $13.5 Million
Retired pediatric neurosurgeon Dr. Ben Carson has an estimated net worth of $13.52 according to Politco. He served as the Director of Pediatric Neurosurgery at Johns Hopkins Hospital between 1984 and 2013. He is also an author and a political commentator. He was the first surgeon to successfully separate conjoined twins. He announced his candidacy for the Republican nomination in the 2016 presidential election at a rally in Detroit on May 4 2015. Since the party’s first debate on August 6, Dr. Carson has surged past Jeb Bush to the second place in public opinion polls.
5) Jeb Bush (R) – Net Worth: $25 Million
Bush made his wealth in real estate after moving to Florida from Houston. Politico estimated his wealth at $24.89 million as of October 2015. He served as the forty-third Governor of Florida from January 5 1999 to January 2 2007. Will he be able to follow in the footsteps of his father and elder brother? We will have the answer next year.