The wealth of George Washington
Happy Washington’s Birthday! Although, as every good Virginian knows, Washington was actually born on February 11, not February 22. But that was under the Julian calendar, not the Gregorian calendar, so it’s kinda sorta on February 22 on our current calendar.
Anyway, President Washington didn’t make hundreds of thousands of dollars of salary every year that he was President. According to Fox Business, Washington’s salary was more along the lines of $25,000. However, the values of things have changed in the intervening centuries. According to 24/7 Wall St, if you were to state Washington’s net worth in today’s dollars, his net worth would be $525 million.
His Virginia plantation, “Mount Vernon,” consisted of five separate farms on 8,000 acres of prime farmland, run by over 300 slaves.
24/7 Wall St didn’t specify whether the 300 slaves were counted as part of Washington’s net worth. After all, in the laws that existed at that time, slaves were considered property, just like Washington’s carriages and wigs.
As I said before, the values of things have changed in the intervening centuries.