39th president of the United States
#128 in Politics today
Jimmy Carter has a net worth of $14 million as of 2024. His wealth includes income from his book royalties, speaking fee, and pension. He earns $226,000 salary per year as a former US President.
Net Worth Before Presidency
Before entering politics, Jimmy Carter was a peanut farmer and businessman. He took over his family’s peanut farm in Plains, Georgia, after his father’s death in 1925.
He expanded the farm and made it into a successful business, eventually becoming one of the largest peanut producers in the United States.
Carter also had a number of investments, including stocks and real estate. In 1970, he reported an income of $15,000 from investments. Carter also served as a state senator in Georgia from 1963 to 1970. His salary as a state senator was $18,000 per year.
Navy pension: Carter served in the U.S. Navy from 1946 to 1953. He received a pension of $10,000 per year from the Navy.
Real Estate Assets
Carter’s primary residence is a modest ranch-style home in Plains, Georgia. He built the home in 1961 and has lived there ever since. The home is valued at an estimated $1 Million. Carter also owns a significant amount of farmland in Georgia.
The farmland is located in Sumter County and is valued at an estimated $5 million. Carter uses the farmland to grow peanuts and other crops.
Carter also owns two vacation homes. One home is located in Maine and is valued at an estimated $2 million. The other home is located on St. Simons Island, Georgia, and is valued at an estimated $1.5 million. The total value of Carter’s real estate assets is estimated to be $10 million.
Jimmy Carter Net Worth 2024
Name | James Earl Carter Jr. |
Net Worth | $14 Million |
Net Worth before Presidency | $5 Million |
Net Worth in 1980 | $9 Million |
Annual Income | $2 Million |
Real Estate Assets | $10 Million |
Stock Portfolio | $1.9 Million |
Salary | $200,000 |
Book Royalties | $850,000 |
In 1976, Carter ran for president of the United States as a Democrat. He defeated incumbent President Gerald Ford in the general election and was inaugurated as the 39th president on January 20, 1977.
Post-Presidency
After leaving office in 1981, Carter founded the Carter Center, a non-profit organization that works to advance human rights and democracy around the world.
He has also remained active in public life, traveling to more than 120 countries as a peace envoy. Compared to other presidents, Jimmy Carter’s wealth hasn’t grown much during his time in the White House.