Richard Nixon Net Worth

April 18, 2024
2 mins read

Richard Milhous Nixon was born on the 9th January 1913 in Yorba Linda, California USA, and died on 22nd April 1994. Nixon is best known to the world as the 37th President of the United States, and becoming the first to resign from that position, as a result of the Watergate affair. His career was active from 1942 until 1974.

Have you ever wondered how rich Richard Nixon was before he died? According to sources, it is estimated that Nixon`s overall net worth was $15 million, an amount he acquired through his mostly successful career as a politician.

Richard Nixon Net Worth $15 Million

Richard grew up in Whittier, after his family ranch was bankrupted in 1922. He had four siblings; however one of his brothers died at the age of 7. His mother was a Quaker, and later his father converted to the Quaker faith. As a result, Nixon was also raised as a Quaker, which implied that he needed to abstain from alcohol, swearing and dancing as well.

Regarding his education, Nixon was a student of Fullerton High School for a short time before he transferred to Whittier High School. While there, he tried to become a president of his class, but lost to a more popular student. He graduated from high school, as the second best in his class, after which he was offered a full scholarship to Harvard University, but his parents could not afford the expenses of traveling. Nixon then enrolled at Whittier College, where during his studies he earned a reputation as a successful debater, and was also successful in various sports.

After he graduated from Whittier, Richard was offered a scholarship to Duke University Law School in Durham which he accepted, and after graduation, he found a job at his home town of Whittier at Kroop & Bewley. However, he wasn`t satisfied with his job, and in 1942 he left his home town and moved to Washington D.C. where he found a job in Franklin Roosevelt’s Office of Price Administration. Nixon soon became disappointed in the government regime, and left this job to join the US military as an aviation ground officer, but wasn`t involved in combat, although he earned two service stars and several commendations. Nixon progressed to the rank of lieutenant commander before he left the military in 1946.

Upon return from the US Navy, Richard ran for a place in Congress, as he was approached by a group of Republicans from Whittier. Eventually, Nixon earned a spot in the US Congress, which increased his net worth to a large degree. In 1950, Nixon successfully ran for the United States Senate against Democrat Helen Gahagan Douglas. During the campaign, Nixon earned a nickname, Tricky Dick which would follow him through his entire political career. His net worth was steadily improving.

His next accomplishment was a spot in Dwight Eisenhower’s government, serving as the vice president from 1953 until 1961, which further increased his net worth. In 1960 came his first presidential campaign; however he lost to Democrat candidate John F. Kennedy, but Nixon awaited his five minutes of glory when, on the 20th January 1969, he was sworn in as the 37th President of the United States. However, his reign lasted only for a couple of years, although his net worth increased significantly during that period. In 1972, Nixon was obliged to resign from office, after the Watergate scandal. Two years later, Nixon was pardoned by the man who had been his vice president, President Gerald Ford, on the 8th September 1974.

Following his resignation, Richard retired from the politics, and began to write his memoirs, which was published six years later under the title “RN: The Memoirs of Richard Nixon”. He continued writing books, releasing a total of nine after his retirement, and he also traveled throughout the world.

In his personal life, Nixon was married to Pat Nixon from 1940 until 1993, when she died from the lung cancer. The couple had two children. Richard died on the 22nd April 1994 at the age of 81 in New York City, after he had suffered a massive stroke, only 10 months after the death of his wife.

Commemoration was held five days after, the then President Bill Clinton paid homage to the 37th president. Media reports estimate that a total of 50,000 people waited in heavy rain for up to 18 hours to pay their last respects to their former President Nixon was buried in Yorba Linda, his birthplace, beside his wife.

Daniel Wanburg

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications.

At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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