Jimmy Carter was the 39th President of the United States. Born and raised in Plains, Georgia – where his early life centered – before embarking on an exceptional career path he graduated from United States Naval Academy (USNA) in 1946 before serving in submarine units of his Navy career – this laid the foundation of future political goals that included Carter serving his presidency from 1977 – 1981 which only marked one major phase in his journey that would only increase substantially with wealth and influence growth over time.
What Contributes to Carter’s Fortune?
As of now, Jimmy Carter boasts a net worth of $60 million. This impressive figure stems from various sources beyond his presidential salary and pension. Carter has been the recipient of substantial cash donations during and post his presidency. An interesting facet of his wealth is its predicted growth rate of 13% in the coming years.
Carter’s financial acumen is evident in his stock market investments. He holds significant investments in major corporations such as Berkshire Hathaway, Colgate-Palmolive and Caterpillar which account for 40% of his net worth and total $12 Million in his portfolio value.
What Does Carter Own?
Carter’s assets are a testament to his wealth, estimated at $49 million. However, he also bears liabilities and loans totaling $5 million. His taste for luxury is apparent in his collection of high-end vehicles, including a Range Rover Autobiography, a Toyota Vellfire, a Rolls-Royce Ghost, a Lincoln Aviator, and a Jaguar XF.
His primary residence, a 6,200 square-foot independent villa in Plains, Georgia, reflects his affluence. Purchased in the 1990s for $7 million, the villa’s current market value exceeds $18 million, showcasing a significant appreciation over the years.
What Are Carter’s Financials?
Carter can be evaluated using both his balance sheet and income statement. His assets consist of $4 Million cash, gold reserves totalling $900K, a $2 Million stock portfolio and ownership of three luxury yachts; whilst liabilities amount to an astounding $1 Million.
Carter’s income sources are diverse, including a $295,000 salary, monthly income of $300,000, royalty income amounting to $50 million, and business income of $5 million. He also has other income sources totaling $2 million. Notably, Carter’s tax obligations amount to $45,000 annually.
How Has Carter’s Wealth Evolved Over Time?
Over time, Jimmy Carter’s net worth has shown steady and gradual increases over time, reaching $60 million by 2023; up from $56 million in 2022 and 52 million by 2021 (40 million and 49 million respectively in 2020 and 2019), this growth pattern shows his financial security and success at building wealth accumulation over time.
What Does Carter’s Wealth Signify?
Jimmy Carter’s substantial net worth embodies years of dedication, wise investment strategies and varied income sources; its development from Georgia small town boy to ex-president represents remarkable hard work, strategic thinking and significant contributions made throughout society – not least as evidenced by Carter’s wealth that continues to expand today thanks to political success, wise investments and various sources of income he’s taken advantage of over his lifetime.
