Jimmy Carter Net Worth 2024, Peanut Farm, Pension (FORBES)

Posted by Maryanne Delima on Sunday, July 28, 2024
Site Logo Profile James Carter

39th president of the United States

$14 Million $900,000 (6%) Real Time Net Worth
#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.

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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.

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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.

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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.

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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

NameJames 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.

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