Jimmy Carter’s Net Worth Forbes: How Much Money Does The Former U.S President Make, Why Is He So Rich?

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Former U.S. President, Jimmy Carter‘s net worth reflects the many things he has accomplished in life. How big is his fortune and what does he do now?

The 1976 United States presidential election was the 48th quadrennial presidential election, held on Tuesday, November 2, 1976. Democrat Jimmy Carter, former Governor of Georgia, defeated incumbent Republican president Gerald Ford in a narrow victory.

He served his presidential term on January 20, 1977. His presidency ended following his defeat in the 1980 election to Republican Ronald Reagan.

Jimmy Carter’s retirement from politics, now 42 years, is the longest in American presidential history. At age 98, Carter is also the oldest living president and the nation’s longest-lived president.

At age 98, he survived metastatic brain cancer and faced a number of health scares, including brain surgery following a fall in 2019. In this 2014 photo, former President Jimmy Carter teaches Sunday school at Maranatha Baptist Church in Plains, Georgia.

Jimmy has a lot about his life documented online but what is to known about his fortune? How much is he worth right now and why and how did he make his money? Read on for more.

Profile Summary

Celebrated Name:Jimmy Carter
Net Worth:$10 million
Profession:Writer, Politician, Novelist, Author, Farmer, Statesman, Military Officer
Known For:39th U.S. President
Presidential term:January 20, 1977 – January 20, 1981
Full Real Name:James Earl Carter Jr.
Birthday:October 1, 1924 (age 98 years)
Birthplace:Plains, Georgia, United States
Spouse:Rosalynn Carter (m. 1946)
Images Source: Getty Images

How rich is Jimmy Carter now? He’s as successful as ever.

Jimmy Carter (real name: James Earl Carter Jr.) was born on October 1, 1924, in Plains, Georgia, United States, at the Wise Sanitarium.

His parents were James Earl Carter Sr. and Bessie Lillian Gordy Carter. His father was a successful local businessman, who ran a general store and was an investor in farmland. He was a peanut warehouser who had served in the Georgia state legislature, and Lillian Gordy Carter, a registered nurse who went to India as a Peace Corps volunteer at age 68.

Carter was not the only child of his parents. His mom and dad had three additional kids. The names of his siblings are Billy Carter, Ruth Carter Stapleton, and Gloria Carter Spann.

Carter was an enterprising teenager who was given his own acre of Earl’s farmland, where he grew, packaged, and sold peanuts. He also rented out a section of tenant housing that he had purchased.

Carter attended Georgia Southwestern College and the Georgia Institute of Technology before graduating from the U.S. Naval Academy at Annapolis, Maryland, in 1946. 

He grew interest in politics from 1963 to 1971. As a politician, he served as the 39th president of the United States from 1977 to 1981. A member of the Democratic Party, he served as the 76th governor of Georgia from 1971 to 1975, and as a Georgia state senator from 1963 to 1967.

So, what is Jimmy Carter’s net worth? According to Celebrity Net Worth, the former president has a whopping $10 million to his name and earns $207 thousand a year as a salary. He made an impressive salary during his tenure in office at the White House as the 39th president of the United States as well as being a writer, novelist, author, farmer, statesman, and military officer.

Per reports, former President Jimmy Carter still gets paid and draws more than a half million dollars a year in government benefits. That includes a $199,000 pension and more than $100,000 for office rental (as if he still needed an office 30 years after losing his job).

Why is Jimmy Carter still so rich? Although it’s a known fact that the U.S. president doesn’t make a huge salary, Jimmy has nabbed himself a high net worth thanks to a multitude of business ventures, endorsement deals, and media appearances since leaving office.

Where is Jimmy Carter now? The 98-year-old former politician has held many titles in his life, and the oldest living president is just one of them. He actively contributes to the global conversation regarding human rights, writes books, teaches Sunday school, and volunteers whenever he can. A true model citizen, Jimmy has remained a vital source of information for all incoming, current, and past presidents since he left office.

Jimmy Carter and his wife Rosalynn.
Jimmy Carter and his wife Rosalynn.
Images Source: Getty Images

Jimmy Carter has been married to his wife, Rosalynn Carter, since 1946.

President Jimmy Carter and his wife Rosalynn Carter have the longest marriage in the history of U.S. presidents.

The couple, who met when Jimmy was 3 years old and Rosalynn was a newborn, celebrated their 76th wedding anniversary on July 7, 2022.

The Carters shared a slew of ups, downs, and adventures together during their marriage — including several Navy deployments, a presidential campaign, and subsequent time in office, co-authoring books, managing his family farm, and building houses around the globe with Habitat for Humanity.

President Carter told his mother he wanted to marry Rosalynn after their first date. The couple remains bonded by their shared passion for service, and they’re as smitten as ever since becoming nonagenarians.

“The best thing I ever did was marrying Rosalynn,” the Nobel Peace Prize winner said in a 2015 interview. “That’s the pinnacle of my life.”

Speaking on The Lead with Jake Tapper in 2015, Jimmy said that the key to his decades-long marriage was simply embracing time with their family.

“We have a big family now. We have 22 grandchildren and great-grandchildren, 38 of us in all,” he said. “So, we try to hold our family together and just enjoy the family life.”

In February 2023, the Carter Center announced in a statement that following “a series of short hospital stays,” Jimmy would be moved to hospice care.

“Former US President Jimmy Carter today decided to spend his remaining time at home with his family and receive hospice care instead of additional medical intervention,” the statement said. “He has the full support of his family and his medical team.”

Just months later, the family announced Rosalynn’s dementia diagnosis.

“She continues to live happily at home with her husband, enjoying spring in Plains and visits with loved ones,” a statement said. “The universality of caregiving is clear in our family, and we are experiencing the joy and the challenges of this journey.”

Jimmy Carter and Rosalynn Carter built a huge family, and they wouldn’t have had it any other way. They have four children and 14 grandkids.