Current occupation: Public speaker, author, artist, philanthropist
Current Net worth:$40 – $50 million
Current verifiable annual salary: $200,000*
George Walker Bush is an American politician and the 43rd president of the United States. His net worth is estimated to be between $40 million and $50 million. As the eldest living member of a political dynasty, Bush spent a large portion of his professional career running for and holding public office, but he had a few high-profile jobs before that, as well.
SPONSORED: Find a Qualified Financial Advisor
1. Finding a qualified financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes.
2. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you're ready to be matched with local advisors that can help you achieve your financial goals get started now.
Early net worth
In 1977 Bush took $17,000 from his education trust fund, and, adding it to the $4.7 million he received from investors, opened the oil and gas exploration firm Arbusto Energy, which later became known as Bush Exploration. The company was a failure, returning just pennies on the dollar to investors.
In 1989, Bush invested $500,000 into a group purchase of the Texas Rangers Baseball team, selling his shares in 1998 for $15 million.
Elected as president in 2000, Bush received an annual salary of $400,000 and a $50,000 non-taxed expense account per year. The president also received an untaxed annual allowance of $100,000 for travel expenses and an entertainment allowance of $19,000. Upon leaving office, Bush continued to receive approximately $200,000 in pension payments each year. However, the majority of his income comes from speaking engagements, where he earns between $100,000 and $175,000 per appearance.
Bush’s income since leaving the White House is more challenging to trace due to Bush’s penchant for privacy in his later years. While his official net worth is unconfirmed, most estimates put his holdings at around $40 million, while some claim his net worth to be as much as $50 million.
*Current income based only on presidential pension.