Bill Clinton Net Worth

Everyone who is someone knows Bill Clinton. He is the 42nd president of the United States who served from 1993-2000. Clinton had the highest end-of-term approval rating as a US president than any in the modern era since Franklin D. Roosevelt. He had many achievements during his tenure, like passing the Family Medical Leave Act. However, he faced legal issues towards the end of his term that reduced his net worth, but he remained afloat.

What is Bill Clinton’s Net Worth?

Bill Clinton’s net worth is $120 million, with an annual salary of $180,000 as of 2022. Clinton has built most of his wealth together with his wife. Most of his fortune came from his tenure as the 42nd president of America and allowances that came with the perks of being the president. He earns the presidential salary to date.

He also has assets and investments throughout the country that have boosted his net worth.

Who is Bill Clinton?

Bill Clinton’s real name is William Jefferson Blythe III on Aug 19, 1946. He was born in Hope, Arkansas, at Julia Chester Hospital. His parents were William Jefferson Blythe Jr, who died in an accident three months before his birth, and Virginia Dell Cassidy, who later changed to Virginia Kelley.

His mother later married Roger Clinton Sr, where Bill adopted his surname, Clinton, in honor of his stepfather. He went to Georgetown University and later got a scholarship to University College, Oxford. He later graduated from Yale Law School.

He met Hillary Clinton at Yale and married on Oct 11, 1975. Their only child, Chelsea Clinton, was born on Feb 27, 1980, and is a mother of three.

In 1963, Clinton visited the White House as a Boys Nation senator and met John F. Kennedy. He also heard Martin Luther King Jr’s I have a Dream speech and these two events sparked his decision to become a public figure.

After graduating from Law School, Former president Bill Clinton moved back to Arkansas and began teaching as a law professor at the University of Arkansas. He was the youngest governor in the US when he won the gubernatorial seat against Republican candidate Lynn Lowe.

Following his healthcare and education reforms, the country looked upon him to run for president. Bill ran for president in 1992 and won the presidential elections against the incumbent republican, George H. W. Bush. He was in office for two terms.

He wrote the best-selling autobiography, My life, in 2004. In addition, he founded Clinton Global Initiative, which he runs humanitarian work to date.

Bill Clinton’s Career

Clinton’s career started with inspiration when he visited the White House as a Boys Nation senator, met John F. Kennedy, and heard Martin Luther’s speech. After finishing law school, he returned to Arkansas and ran for the House of Representatives in 1972 but lost by a thin margin to John Paul Hammerschmidt. He also ran for the attorney general seat, had no opposition, and won the elections in 1976.

Clinton ran for the gubernatorial seat in 1978, where he won and became the Governor of Arkansas after defeating Republican candidate Lynn Lowe. He became the youngest governor in America after getting into the office at 32 years. He was the Governor of Arkansas for two terms.

Following his reforms in the education and health system during his gubernatorial tenure, citizens looked to see him pursue the presidential seat. Therefore, he ran for president in 1992, winning the election against Republican incumbent George H. W. Bush, and got into office in 1993. He was re-elected in 1996 and went for another term.

His tenure as president brought economic growth to the country. In addition, he reformed the system, and public opinion helped in liberal reforms such as the Family and Medical Leave Act of 1993. He motioned the North American Free Trade Agreement in 1994 into law and started an initiative that provided health coverage to over five million children, the State Children’s Health Insurance Program.

The House of Representatives impeached Clinton in 1998 following allegations of obstruction of justice and perjury. In addition, he was accused of having an affair with Monica Lewinsky, a White House team member. The Senate later acquitted him of both charges.

Clinton also participated in numerous peace talks and intervened in war-struck areas such as Somalia and Iraq. He also increased trade between America and China, where he signed the United States-China Relations Act in 2000, which granted permanent normal trade relations (PNTR).

Other Ventures

Clinton’s political journey inspired his autobiography, My Life in 2004, a best-selling book. He started the Clinton Global Initiative, where he does humanitarian work to prevent global warming.

Clinton and George W. Bush founded the Clinton Bush Haiti Fund after the 2010 Haiti earthquake to help families that suffered during the earthquake.

He has remained active in politics, where he played an active role in President Obama’s successful presidential campaign and Hillary’s failed presidential bid.

Philanthropy

The Clintons were in debt after they left the White House due to his legal expenditures. It took the family a couple of years to pay off their debts.  However, the family set off to make a fortune for themselves, which followed the autobiography book that earned him millions in advance for his memoir. This was the most significant book advance in history.

Following the book’s release, Clinton was sought for public speaking gigs by organizations that earned him hefty compensation.

Clinton started the William J. Clinton Foundation, which addressed global issues. It includes the Clinton Foundation HIV and AIDS Initiative.

As mentioned before, Clinton founded the Clinton Global Initiative, where he does most of his humanitarian work, which has kept him in the public eye.

The earthquake in Haiti inspired the Clinton Bush Haiti Fund to support families affected by the tragedy. He has also led relief efforts following the Asian tsunami.

Bill Clinton’s Life Facts

• Bill’s favorite color is blue, and his favorite food is chicken enchiladas, apples, vegetable beef soup, and fast food.
• He faced many sexual harassment cases during his tenure as a president, which made his family leave the White House broke due to debts in legal expenditures.
• Clinton was named The Times’ Man of the Year in 1992 and 1998.
• He was the best saxophonist while in high school and even thought of pursuing music before he got into politics.
• Bill is an avid coin collector.
• Various universities awarded Clinton honorary degrees, such as a Doctorate of Law, over the years.
• President Barack Obama awarded Bill Clinton the Presidential Medal of Freedom in 2013.

What’s next for Bill Clinton?

Clinton has maintained an active role in Democratic Party politics, where he has helped his wife in her presidential bids. In addition, he continues to advise current candidates in the party. He also continues his humanitarian work in the foundations he started and by doing public speaking and speeches all over the world.

Bill Clinton FAQs