Happy Presidents’ Day, everyone! Here’s hoping you’re having an enjoyable day, although I know for most of you, this is a holiday in name only, and you have to spend it at work, or in my case, at school, taking an Advanced Organic Chemistry test. Compared to, say, Christmas, when everything seems to shut down (not only on the day itself, but for several days before and over a week afterward, well into the new year), President’s Day just doesn’t seem that festive. (And don’t even get me started on the fact that they took George Washington’s Birthday and Abraham Lincoln’s Birthday, both holidays in their own right at one point, and combined them, while at the same time honoring every other president, regardless of how honorable, along with them.)
Anyway, given that I should be getting some last-minute studying in today, I figured I’d some presidential money trivia with you, before I get back to studying. With that out of the way, let’s view some Presidential Money Facts:
President on the Largest Issued U.S. Dollar Denomination: That would be Woodrow Wilson, whose image appeared on the $100,000 bill. Before you go cashing out all the money in your bank account to get an image of Woody on a few bills, though, be aware that all U.S. Bills with denominations above $100 have been discontinued by the Department of the Treasury and the Federal Reserve.
President on Rarest U.S. Dollar Denomination Still Being Issued: That would be Thomas Jefferson, the President featured on the $2 bill. While they are still made, they represent less than 1% of the bills issued each year, and that, combined with the fact that people tend to hold onto them on the rare occasions that they come across the $2 bills, means that there aren’t many such bills floating around.
Richest U.S. President: No contest, it was George Washington. Being a wealthy landowner before he entered office, with an estimated net worth of $525 million (inflation-adjusted). If you combined the net worth of the most recent eight Presidents (Nixon to Obama) and quintupled it, you still wouldn’t have as much of a net worth as Washington had alone.
Poorest U.S. President: It’s a bit harder to call this one accurately; more than a half-dozen U.S. Presidents have gone bankrupt at some point during their lives. I’d have to call it Harry Truman, whose hardships led to a doubling of the President’s salary, and who, along with his wife, was the first official recipient of Medicare.
There you go, some new facts and figures about Presidents and their money. Enjoy, and have a good President’s Day!