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What are the real estate holdings of Biden and the living ex-presidents?

Take a closer look at these presidential portfolios

President Joe Biden (Getty Images)
President Joe Biden (Getty Images)

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The news that former President Jimmy Carter has entered hospice care cast a pall over this Presidents Day.

Post presidency, Carter, 98, is best known for leading a life of charity, including building homes for Habitat for Humanity, promoting human rights, and combating disease worldwide. His real estate holdings reflect his modest personal lifestyle: following his presidency, he returned to his two-bedroom ranch in Georgia, which was assessed at $167,000 in 2018, the Washington Post reported.

“It just never had been my ambition to be rich,” Carter, who received the Nobel Peace Prize in 2002, told the Post.

President Joe Biden and the other living former presidents — Donald Trump, George W. Bush and Bill Clinton — have taken a different approach concerning the accumulation of real estate assets.

Here are the reported real estate holdings of Biden, Trump, Bush and Clinton.

Biden

President Joe Biden owns a 6,900-square-foot home in Wilmington, Delaware, where Joe and first lady Jill Biden spend weekends and summer vacations together, according to Homes and Gardens. The Bidens also own a cottage near the home that he rents out to the Secret Service for $2,200 a month, the outlet reported.

In 2017, President Biden bought a 4,800-square-foot home on Rehoboth beach, also in Delaware, for $2.7 million, the outlet reported. The three-story home has six bedrooms. 

Trump

You may have heard Donald Trump had a career in real estate before he became the 45th president of the U.S. Anyway, Trump skews this list practically beyond measure. 

No, we’re not going to list all of his holdings, most, if not all, of which technically are owned by the Trump Organization.

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Trump, according to Homes and Gardens, has six residences and the Trump Organization holds more than 500 businesses and properties, a smattering of which include Mar-a-Lago in Florida, Trump Tower in New York, Trump National Golf Club in New Jersey, three golf courses in Scotland, including Trump Turnberry; and a winery in Virginia. Some reports put his estimated worth over $3 billion.

Obama

Barack and Michelle Obama own a $20 million property portfolio composed of two homes, according to Hello Magazine.

The Obamas’ primary residence is an $8.1 million home in Washington, D.C., where they decided to stay after Barack Obama’s presidency so daughter Sasha could finish high school there. The nine-bedroom, 8,500-square-foot manse sits on a quarter-acre of land, the outlet reported. 

The Obamas also have an $11.75 million vacation home that sits on a 29-acre estate in Martha’s Vineyard, the outlet reported. The estate comes with a private beach and a boathouse. 

George W. Bush

George W. and Laura Bush purchased a Dallas home in the Preston Hollow neighborhood after W.’s presidency ended in 2016, according to Realtor.com. The 43rd president also famously owns a 1,600-acre ranch near Crawford, Texas, according to the Wall Street Journal

It is unclear what, if any, additional real estate investments the Bushes own.  

Clinton

No, we’re also not going to go into the infamous Whitewater controversy. 

The Clintons famously didn’t have a lot of money immediately after Bill Clinton left office in 2001. The couple eventually bought a home in Chappaqua, New York, for $1.7 million. The three-story home has five bedrooms and four bathrooms, while the 1.1-acre grounds include a swimming pool, according to Scene Therapy. The Clintons also purchased in 2016 a three-bedroom home next door, the outlet reported. 

In 2000, the Clintons bought Whitehaven, a seven-bedroom, five-bathroom home in Washington, D.C., for $2.85 million, according to the outlet. The home is mostly used by Hillary Clinton, who reportedly wrote her memoir there.

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