Carter is currently 98 years old and lives a fairly normal life in a house he built himself in 1961.
His home is located at about two-and-a-half hour drive south from Atlanta in rural Plains, Georgia. It’s only a two bedroom ranch that was previously estimated at $167k which is “less than the value of the armored Secret Service vehicles parked outside,” according to the Post. A median home price in Georgia is $319,431 according to Zillow, which is half of what Jimmy’s house is worth.
Just when we think there must be a catch that’ll make Jimmy a villain, there’s another thing that makes him one of the best presidents in the US. He made much of his income lately from writing books. He has even written a children’s book…
Jimmy receives $221,400 annual pension, as all former presidents do. Plus, the federal government gives all ex-presidents an allowance for things like travel and office space.
People simply love Jimmy Carter because lately they’ve seen recent presidents living quite the contrary of modest.
Barack Obama purchased an $8.1 million mansion in Washington. In 2019 the Obama family purchase of a nearly $12 million estate in their favorite summer vacation spot Martha’s Vineyard.
On the other hand, Donald Trump, spends most of these days living on his 17-acre South Florida luxury resort, Mar-a-Lago, valued at $160 million.
George W. Bush pulled in roughly $15 million in his first two years out of office, according to CBS, and Bill Clinton raked in a whopping $13.7 million from his “speaking and writing business,” according to a 2001 tax return.
But stacking funds in his bank account isn’t Carter’s style. Most of the funds he got were donated to his charity.
Instead, the 2002 Nobel Peace Prize winner says, “It just never had been my ambition to be rich.”
Would you like to see another president like Jimmy Carter soon?
