How Rich are the 2016 Presidential Candidates?

Net Worth of the Candidates and Likely Candidates in 2016

Donald Trump and Mike Pence Hold Campaign Rally In Cleveland
Donald Trump and Mike Pence Hold Campaign Rally In Cleveland. Spencer Platt / Staff / Getty Images

When Mitt Romney ran for president in 2012, his wealth was a big deal. He had the most money of anyone in the race, and his net worth of as much as $264 million made him the wealthiest presidential candidate since billionaire Steve Forbes ran in 2000.

Related Story: See What's On Mitt Romney's Tax Returns

Now that Mitt Romney has decided not to run for president in the 2016 election, has the playing field leveled out a little bit?

How much are the 2016 presidential candidates and likely presidential candidates worth?

Quick answer: Not nearly as much as Mitt Romney, who is among the wealthiest Americans. None of them is among the 10 wealthiest members of Congress, either. But they're also not doing too badly themselves. Each of the 2016 presidential candidates or likely presidential candidates mentioned below is a millionaire, for example. 

Related Story: Wealthiest Presidential Candidates of 2012

And there's a chance that the president who takes office in January 2017 will be wealthier than President Barack Obama. His net worth is somewhere between $2 million and $7 million, according to his personal financial disclosures.

Note: Federal disclosure laws do not require candidates and officeholders to report specific amounts, just ranges of values. So it is impossible to know for certain how much each candidate is really worth. But we can estimate and provide ranges. 

We'll continue to add the names and wealth ranges for candidates and those believed to be preparing to run for president. 

Hillary Clinton: $5.2 Million+

The former secretary of State and U.S. senator from New York reported holding assets worth at least $5.2 million and as much as $25.5 million in 2012, the most recent data available.

 

Related Story: Does the President of the United States Pay Taxes?

In 2007, the last time Clinton filed financial disclosures as a member of the U.S. Senate, she indicated she was worth between $10.4 and $51.2 million, making her the 12th wealthiest member of the U.S. Senate at the time.

Ted Cruz: $3.2 Million

The Republican U.S. senator from Texas, an attorney who was the first to announce his candidacy, reported holding net assets worth between $1,913,037 and $4,670,000 in 2013. 

Related Story: 5 Reasons Congress is Overpaid

The Center for Responsive Politics, a nonpartisan watchdog group, has estimated his net worth at precisely $3,171,518, placing him in the top half of the Senate and the top third of all members of the House and Senate.

Jeb Bush: $1.3 Million+

When Bush left the Florida governor's mansion in 2007, the Republican reported holding assets worth more than $1.3 million. 

Since then he's reportedly earned millions more in the private sector in what has been described by journalists and pundits as a "rush to make money."

Related Story: Which Governors Make the Most Money?

Format
mla apa chicago
Your Citation
Murse, Tom. "How Rich are the 2016 Presidential Candidates?" ThoughtCo, Jun. 29, 2017, thoughtco.com/how-rich-are-the-2016-presidential-candidates-3367554. Murse, Tom. (2017, June 29). How Rich are the 2016 Presidential Candidates? Retrieved from https://www.thoughtco.com/how-rich-are-the-2016-presidential-candidates-3367554 Murse, Tom. "How Rich are the 2016 Presidential Candidates?" ThoughtCo. https://www.thoughtco.com/how-rich-are-the-2016-presidential-candidates-3367554 (accessed December 16, 2017).