Jimmy Carter net worth: Jimmy Carter is an American politician and philanthropist who has a net worth of $10 million. Jimmy Carter is a former naval officer, former Governor of Georgia and former President of the United States, having served as the 39th President from 1977 to 1981. Prior to entering politics, Jimmy ran a successful peanut farm.
Early Life: Jimmy Carter was born in Plains, Georgia on October 1, 1924. He was educated in the public school system, attending Plains High School at the height of the Great Depression. He attended Georgia Southwestern College for one year then transferred to the Georgia Institute of Technology. He then transferred to the Naval Academy where he graduated with a Bachelor of Science degree in 1946. During his time at the Academy, Jimmy met and fell in love with his sister’s best friend Rosalynn Smith. Jimmy and Rosalynn married soon after his graduation.
Between 1946 to 1953, Jimmy and Rosalynn lived in Hawaii, Virginia, New York, California and Connecticut as part of his Naval deployments. During his time in the Navy, Jimmy worked in the nuclear submarine program. When his father died in 1953, he resigned his naval commission and moved back to Georgia to be with his family.
Political Career: Back in Georgia, Jimmy took over the Carter farms, and operated Carter’s Warehouse, a general-purpose seed and farm supply company in Plains. He quickly became a leader in the community and caught the political bug. In 1962 was elected to the Georgia Senate. He was then elected Governor of Georgia, a position he held from 1971 to 1975.
In 1974, he announced his candidacy for President. He won his party’s nomination at the 1976 Democratic National Convention. Jimmy Carter was elected President on November 2, 1976. Significant foreign policy accomplishments during his administration include the Panama Canal treaties, the Camp David Accords, the treaty of peace between Egypt and Israel, the SALT II treaty with the Soviet Union, and the establishment of US diplomatic relations with China. He championed human rights all over the world, and was a staunch supporter of a comprehensive energy program and major environmental protection legislation.
Later Life: After losing his re-election campaign to Ronald Regan, in 1982, he became a University Distinguished Professor at Emory University in Atlanta. He also founded the Carter Center, an organization that works to resolve conflict, promote democracy, protect human rights, and prevent disease across the globe.
He has become notable for his dedication to the charity Habitat for Humanity. He has also written more than 30 books during his life, on a variety of topics.
Salary: When he was President, Jimmy earned the then-standard $200,000 per year in salary. Thanks to inflation, this is the same as $1.4 million in today’s dollars. Current Presidents earn $400,000. As a former President he earns an annual pension of $207,800. He also has a full-staff of Secret Service and $150,000 per year for staff.
Personal Life: Jimmy and Rosalynn have three sons and one daughter. As of this writing, their children have produced eight grandsons, three granddaughters and two great-grandsons.