live.life.livity.

this is a blog to voice my personal opinions, share some cool stuff and basically sling my crap all over the place.

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Posted by nickchin - - 0 comments

The year is 2020 and the world is locked down in the midst of an unknown viral killer, COVID-19. Not many had realized when the emergency flags were raised how different the world would be changed from this pandemic ensuing the world as we knew it. A couple fundamental things would change; how we live and how we work.

Imagine, a new neighborhood that is modern, unique, eco-friendly and best of all, affordable. The case study provokes a small plot of land, just 15 acres that will provide approximately 60 homes for families. Employing the latest technologies, building practices and innovations to provide a cutting age neighborhood. Careful thought has been invested in developing the property to take into account sustainability, resources and provide a new way of life for it’s owners. 

In a broad stroke: Plots of land ranging between 1/4 acre and 1/2 acre with lots of useful common grounds for this community. Estimating the costs starting from 350k to 475k respectively, each unit being unique to it’s foundation. Each unit having ample living quarters, storage and work space. Sustainable fruit trees and vegetables will be grown in and around the community inviting all to help themselves. Solar power will be standard with all units including optional battery banks for emergency power. Strategic water collection methods will be utilized to collect rain water for auxiliary water uses. Robust and extensive amenities for all residents will be available including Montessori and STEM style play areas for kids, pool, clubhouse and sports facility. All houses will be smart wired and enabled ready to connect. A community DIY facility where residents can share tools, equipment and space to build DIY projects at their leisure. This is how we build the future. 



A potential resident will be able to choose their home from a digital catalog with a 3D view, virtual walk through of a 100 units, each unique and customizable. Once a design is chosen, that design will be removed and assigned for that future resident rendering each property unique. Large water tanks will be built under the foundations of each home ranging from 10,000 gallon to 20,000 gallon. Solar arrays will be standard on all units with their battery banks being the resident’s choice. Smart car plugs will be preinstalled, smart light fixtures, smart sockets, security systems, smart impact windows, and temperature controls all connected.



Each property will have 2 detached buildings in the backyard, a small storage building and an office building. The idea is simple, as we telecommute more and more, this community will empower families to not just work from home but thrive. Having a detached office space will allow families to disconnect from work and home. And with virtually no wasted transit time, that time can be used for a happier, healthier life. The storage unit will provide them safe space to keep their odds and ends without cluttering the house or having to obtain permits and purchase a storage shed.



How do we achieve such ambitious goals? Extremely careful planning and utilizing advanced technologies.  3D printing the entire community. While setup costs are expensive, once in operation, the actual building costs drop dramatically, in some cases more than 50% of the traditional cost to build a home. Even more impressive than the actual financial savings will be the time to complete each property. These homes will be stronger and more durable than current buildings, able to withstand hurricanes with no problem. Aesthetically, these homes will boast building lines and designs that are simply impossible by traditional building construction methods. The upsides to 3D printing homes exponentially out weigh their counterparts. As there is virtually no waste or excess and materials are calculated to the T, again, reinforcing the mantra of building the future. 

Who is a potential resident? Anyone of any creed, color or religion that is looking to embrace the future. Working from home, while keeping it separated from their living quarters. Someone looking for a nice, clean, safe place to raise their family with likeminded neighbors. Someone who is looking for security and safety in the face of another pandemic or disaster in the more densely populated areas. Someone who might want to try their hand at DIY projects but lack the capital or facility to actually do anything. Someone who wants to keep their overhead low to enjoy their money on themselves and their families. A future resident is someone who wants to embrace the future at an affordable cost. 

This is how we build the future. 

1st draft. 

Here are a few more photos to expand on the vision of what is possible. 

























Posted by nickchin - - 0 comments

It's been awhile since i've posted anything... and that's a shame. There is so much to be said and before this pandemic erases us all from history i'd like to get my thoughts out there.

Current state of affairs. 4/14/2020; i woke up today with news that millions of eggs, millions of gallons of milk, millions of tons of produce were being destroyed due to this pandemic. I wanted to dig a little deeper into the implications of such things. Restaurants, schools, businesses closed of practically closed across the nation so there is an increased supply and lessened demand. Supply chain is weakened as fewer routes are made with fewer purchases, etc. It is a disaster after all. Affected almost all facets of society. That is a fact.

The question is, what should be done? Should the federal government intervene? What should farmers do? What is ethical? What is humane? These are just a few of the questions that pop into mind when i think of this problem. I mean, no one really wants the government to have so much power and control but if they don't assist everyone will suffer and they'd have to help anyways no?

Regarding the feds, at some point, they'll be subsidizing the farmers and producers anyways so why waste produce and dump it? To credit some farmers, they've given some portion of these abundances to food banks and shelters although apprehensive. I've seen reports that it's also logistically problematic as well, if that's the case couldn't we utlitize the amazing strength of the US Military? Something tells me they're more than qualified to pull triggers and push buttons.

As with all free markets there's a pretty simple equation more demand, higher the prices, less demand, lower prices. In this case, the demand is still there, it's mostly the logistics that pose a problem. For example, farmers selling wholesale to the restaurant market package in much larger containers than for end consumer sales. Changing the packaging runs to focus more on retail sales will create an abundance in supply, that also means lowering prices. Possibly even making it unprofitable to produce on the current scale. If farmers think this is a very temporary crisis, they will hold, even destroying their production to keep market prices stable (and profitable). Where-as with any other industry, such an increased production should surely lower costs to consumers to excite sales.

Americans indulge heavily in socializing, this is reflected in the booming restaurant industry. Clearly, this pandemic is proving Americans eat way less vegetables if it's not prepared for them. Cooking vegetables at home just isn't moving volume like the restaurant industry does. The solution for this, from my humble point of view is not an overnight one but generational. American's love almost anything fast, fried and sweet. The perfect recipe for fast food, not home cooking. Education and practice from an early age is really the only cure but one i feel will be truly hardest to accomplish. When i first came to America in 1995-1996, my cousins in highschool had a class called Home Economics. I couldn't understand it coming from a british education system but i was intrigued and interested in it. I never attended highschool in America so i really dont know what was really taught but as a young guy, i figured that's where the girls would be and they'd teach basics of cooking, health and organization of a home. I might have been deluded but that was my concept of such a class. Perhaps classes like those from historic America could help in future generations especially considering how much more health-conscious the younger generations have gotten.


An interesting approach could be taken even though conservatives will riot at the idea without a doubt. What if the government buys the surplus at a heavily discounted rate and distribute it throughout the country? Give tax breaks to restaurants and other facilities that can refrigerate the surplus and distribute to food banks as needed. This would help out the farmers, get our guys in uniforms involved in our communities, help small businesses and ultimately get food to those in need.

Perhaps my idealistic concepts are just too far from the poli"tricks" involved in doing some of these things, i get it. My idea is to provoke thought towards a solution. Maybe if the right person gets a different perspective...my perspective it can start a debate amongst those who can make a difference.

On that note, i will conclude my ranting thoughts on this topic that seems to be omitted from mainstream news.




















Posted by nickchin - - 0 comments

Jointly owned by Sony and Universal music groups; not long ago, they realized the severity of the changing global climate. Average youtube publishers making thousands and thousands of money from an infant industry, that be, viral video advertising caught the attention of these juggernauts and they formed an alliance to desimate all others. What is the end result? Pirated videos, unofficial video releases, basically anyone (including artists themselves) wanting to get their video viral and sneak a release to the masses will be struck down and Vevo will take over. Some artists don't even have their own youtube accounts, instead Vevo in cohoots with youtube change their accounts to include the "vevo" at the end of their user account; i.e. LadyGaga is now LadyGagaVevo.  Why are you reading this? Well, because like me you're probably eager to know how things behind the scenes work and what's really going on... and now you know how when you go to youtube to watch a music video the best quality stuff out there is VEVO!


Posted by nickchin - - 0 comments


Enjoying shopping online for more savings and deals could definitely soon be obsolete. Of course as lower overhead causes a ripple effect that usually translates into passing on those savings to the end consumer. Not so much if "online" sales tax passes through congress... what % will each retailer have to collect will probably depend entirely on the State but none the less, i imagine that collection of these taxes will just be the beginning of an increase of end-user costs as small businesses are not readily set up with a proper infrastructure to collect taxes, then file (keep in mind that if improper tax collection/submission would find that retailer in hot water for fines and punishment) All of these things comes at a cost and Uncle Sam will reap the benefits. Not only are you going to be taxed, you will also incur a surcharge for the added amount of accounting that the company is going to have to retain an accounting firm to maintain proper records. New Taxes + new administrative overhead = Higher cost for you and a tax legislation that once it passes congress- it will be a wrap. 



I imagine somewhere in D.C. there is a consortium of lobbyist rallying to make this possible which should...in theory create a more 'level' playing field for traditional brick & mortar stores. Another group of lobbyists that conduct business without much regard to the repercussions for the future. Not only will the end consumer feel it... small businesses not prepared for the added costs to do businesses will suffer but the entrepreneurial spirit will be D.O.A! Why? Many have made a decent life with modest beginnings. Think about the college kid who is artistically inclined and with ambition to put her creations on the market... if this regulation passes - she would have to go through a bunch of hoops just to get live, thus killing many dreams within an instant. 



This strikes up the argument of Life... Liberty... and the pursuit of happiness. My better half showed me last week that her purchase of some Victoria Secret wares had tax AFTER shipping charges. Being a Small Business owner for a decade now - the first thing that popped into my head was an error... They could not be so bold to tax shipping surcharges, if that was the intention, surely that is illegal isn't it?



Taxation without Representation... online businesses will have to collect taxes from the purchaser's state so if someone in Florida (Miami-Dade) buys something from a store in California the store has to collect the 7% sales tax and someone else from another state buys something the corresponding tax % has to be collected - this will be an administrative NIGHTMARE for a small business owner. Sure there is software that will make this a little easier to figure out for each state but when a county in a particular state drops/raises sales tax there every online business must adapt instantly or face tax trouble. Taxation without Representation - i would imagine that this tax is unconstitutional after all how can you collect taxes for every county and state across the nation without any representation from said state/county (9600 different tax jurisdiction). As a business owner collecting taxes will have no right in choosing any state officials, won't be able to vote on anything in those states... am i missing something?



So let's say you messed up something or late with filing taxes to one of the 9600 tax jurisdiction and you get audited. Does anyone realize that means you will you have to go where u are being audited.. hire a local local, get a hotel (because u probably dont have a physical presence there) then spend who knows how long showing who knows what to deal with this issue. Just 1 audit in 1 year can bankrupt a small business. Way to keep the money out of the little man's hand. Come on people!!


The latest way to kick and keep down the little man. There is a clause that says businesses under 1 million dollars in sales will be except ( that is just the start of a slippery slope, who knows a year later it might be businesses under $500,000 and so on). The SBA (small business administration) doesn't even  consider a business with 1 million in revue a small business -from wikipedia "specifies a small business as having fewer than 250 employees for manufacturing businesses and less than $7 million in annual receipts for most non manufacturing businesses"



Please check out this link and take 2 minutes to let your state officials know your opinion.

Ebay's Online Petition !   <-------------click that.

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In the past few days ive been amazed by an invention of a few scientists. A remote controlled car that uses aluminum soda rings to power the rc. It's able to go for 40 minutes at almost 20 minutes! If you can remember back a decade or so when r/c cars were more popular. Whether gas or battery powered they were fun and awesome. However, gas powered cars were a little expensive and the battery powered ones werent extremely fast and if u managed to get it fast, the battery would die pretty quick. This new tech might just bring new life into the hobby. More importantly though, this tech might just be foreshadowing for future tech in full size cars! Can you imagine aluminum power rods that powers a car for 500 miles. Seems like a very interesting possibility.I bet there would be tons of pros and cons, either way it's exciting to be around during these technological advancements. Kudos!

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So, recently, i was scanning online for a few things people are doing to make the world a better place. I came across an article on a high performance car forum and it was just too alarming NOT to voice my opinion. 






If you remember only a few years ago, there were these companies that allowed you to do "your part" and save the rainforest. How? you ask? Buy an acre or two of some rainforest. So you send a bunch of money, you get a paper certificate, maybe even a picture and clears your conscience for all the environmentally irresponsible doings. What really happens is they are making money off the back end when they sold the rights to your acre to some logging company. If you ever banged down their door asking about your acre they would just show you another acre not chopped down yet. Totally untraceable. Genius. Not like you can really tell if it's yours or it's not likely that you'll hike 10 hours to look at an acre somewhere deep in the forest and definitely not going to build anything on the land anyways. Total rippoff, playing to the heart and guilt consciences everywhere!






With that fresh in your mind, let's put a new age spin on it. A company called EVOMS released an "green initiative" called ENV = Environmentally Neutral Vehicles. Basically, they don't do a DAMN thing to your car!!
I don't even know if they tune your car to run E85 instead of C16 (aviation race fuel) or do anything else to make your vehicle more eco-friendly.  


AHAHAHA Oh they do, im sorry, you get a nifty OEM style badge for your trunk lid. I like it actually, the green leaf on the badge is cool. It makes me laugh but really it is so misleading it pisses me off. In the press release, they showed everything from Race Cars to exotics like Ferraris, even SUVs!


So here is the bottom line, they figure out (propreitary formula, im sure) what your vehicle's carbon footprint is and then charge you a fee accordingly. So I guess the guy with a stock EG hatch would only pay a fraction of a Supercharged Range Rover. They really don't tell you what they do with the money exactly, except say that your money is used to create equal removal of co2. To clarify it a bit further, the theory is, if you car creates... say 20 tons of co2 in the atmosphere over it's lifetime, then this company pledges to remove 20 tons of co2 from the atmosphere based on their carbon footprint formula. 


SNAKE OIL for the Eco-unfriendly. 



When i stumbled on that press release, i actually thought they were announcing some breakthrough product or method of making their cars more eco-friendly. 




**snagged tid-bit:::>> "Every registered ENV vehicle receives a rear trunk badge, a pair of fender markers and door jam label with registered smart code decal. 

When you register your ENV package you will choose where you want your Smart Carbon Credits invested. Current choices are: Gas to Energy, Renewable Energy, Landfill Capture, Farm Methane Capture or Afforestation."





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While doing 1 of a million things online like everyone else. I wondered how much the sitting President who authorized the Federal Reserve System was worth. President Woodrow Wilson was the genius who sanctioned the Federal Reserve Act and after a few minutes of searching i found all what i was curious about and more. Ohhh and as stated on source website, the figures have been converted into 2010 value - much better to grasp a clearer picture.


1st George Washington (1789-1797) $525 millionHis Virginia plantation, “Mount Vernon,” consisted of five separate farms on 8,000 acres of prime farmland, run by over 300 slaves. His wife, Martha Washington, inherited significant property from her father. Washington made significantly more than subsequent presidents: his salary was two percent of the total U.S. budget in 1789.


2nd John Adams (1797-1801)$19 millionAdams received a modest inheritance from his father. His wife, Abigail Adams, was a member of the Quincys, a prestigious Massachusetts family. Adams owned a handsome estate in Quincy, Massachusetts, known as “Peacefield,” a working farm, covering approximately 40 acres. He also had a thriving law practice.


3rd Thomas Jefferson (1801-1809)$212 millionJefferson was left 3,000 acres and several dozen slaves by his father. “Monticello,”
his home on a 5,000 acre plantation in Virginia, was one of the architectural wonders of its time. He made significant money in various political positions before becoming president, but was mired in debt towards the end of his life.


4th James Madison (1809-1817)$101 millionMadison was the largest landowner in Orange County, Virginia, with land holding consisting of 5,000 acres and the “Montpelier” estate. He made significant money as secretary of state and president. Madison lost money at the end of his life due to the steady financial collapse of his plantation.


5th James Monroe (1817-1825)$27 millionMonroe’s wife, Elizabeth, was the daughter of wealthy British officer. He made significant money during eight years as president, but entered retirement severely in debt and was forced to sell Highland plantation, which included 3500 acres.


6th John Quincy Adams (1825-1829)$21 millionAdams inherited most of his father’s land. His wife was the daughter of a wealthy merchant. He devoted most of his adult life to public service, notably after leaving office.


7th Andrew Jackson (1829-1837)$119 millionWhile he was considered to be in touch with the average middle class American, Jackson quietly became one of the wealthiest presidents of the 1800’s. “Old Hickory” married into wealth and made money in the military. His homestead ”The Hermitage” included 1,050 acres of prime real estate. Over the course of his life, he owned as many as 300 slaves. Jackson entered significant debt later in life.


8th Martin Van Buren (1837-1841)$26 millionVan Buren made substantial income as an attorney. He was one of only two men to serve as secretary of state, vice president, and president. He owned the 225-acre “Lindenwald” estate in upstate New York.


9th William Henry Harrison (1841)$5 millionHarrison married into money – wife’s father was prominent judge and landowner. When Harrison’s mother died, he inherited 3,000 acres near Charles City, Virginia, which he later sold to his brother. He also owned “Grouseland” mansion and property, in Vincennes, Indiana. Despite his assets, Harrison died penniless, causing Congress to create a special pension for his widow.


10th John Tyler (1841-1845)$51 millionTyler Inherited 1,000-acre tobacco plantation. His first wife, Letitia, was wealthy. Tyler bought “Sherwood Manor,” a 1,600 acre estate, previously owned by William Henry Harrison. He became indebted during the Civil War and died poor.


11th James Knox Polk (1845-1849)$10 millionLike his wife, Sarah Childress, Polk’s father was a wealthy plantation owner and speculator. Polk made significant sums as speaker of the house and governor of Tennessee, and owned 920 acres in Coffeeville, Mississippi, as well as 25 slaves.



12th Zachary Taylor (1849-1850)$6 millionTaylor inherited significant amounts of land from his family, which at one point included property in Mississippi, Kentucky, and Louisiana. He made substantial money in land speculation, the leasing of warehouses, and investments in bank and utility stocks. Taylor owned a sizeable plantation in Mississippi and a home in Baton Rouge.


13th Millard Fillmore (1850-1853)$4 millionNeither Fillmore nor his wife had significant inheritance. He founded a college that is the current State University of New York at Buffalo, and his primary holding was a house in nearby East Aurora, NY.


14th Franklin Pierce (1853-1857)$2 millionPierce’s father was frontier farmer, and his wife was well-to-do aristocrat. He served as attorney for 16 years and held property in concord, NH.


15th James Buchanan (1857-1861)less than $1 millionBorn in log cabin in Pennsylvania, Buchanan was one of 11 children. He was the only president never to marry. He worked for nine years as attorney, and spent 16 years in public office, including four years as secretary of state.


16th Abraham Lincoln (1861-1865)less than $1 millionTo the log cabin born. Lincoln served as an attorney for 17 years before his presidency. He owned a single-family home in Springfield, Illinois.


17th Andrew Johnson (1865-1869)less than $1 millionJohnson’s father was a tailor, and his wife was a shoemaker. He served the public for 20 years, including as  Governor of Tennessee and U.S. Senator. Johnson owned a small house in Greenville, TN.


18th Ulysses Simpson Grant (1869-1877)less than $1 millionGrant’s father was a tanner, and his wife was the daughter of a wealthy merchant. He lost his entire fortune when swindled by his investing partner. Grant owned a modest home in Galena, Illinois. Although he died with little money, his autobiography kept family afloat.


19th Rutherford Birchard Hayes, (1877-1881)$3 millionHayes’ father was a shopkeeper. He was an attorney for 15 years and owned “Spiegel Grove,” a 10,000 square foot home that sat on 25 acres in Fremont, Ohio. Hayes also served as Governor of Ohio and was a member of the House.


20th James Abram Garfield (1881)less than $1 millionGarfield was born in a log cabin in Ohio. He spent 18 years in the House of Representatives. Garfield owned “Lawnfield,” a home and small property in Mentor, Ohio. He died penniless.


21st Chester Alan Arthur (1881-1885)less than $1 millionThe son of an Irish preacher, Arthur’s wife came a from military family. He made substantial sums as Collector for the Port of New York. His townhouse in New York was well-appointed with furniture commission from Tiffany.


22nd and 24th Grover Cleveland (1885-1889, 1893-1897)$25 millionCleveland’s father was a bookseller and preacher, and his wife was the daughter of wealthy lawyer. Cleveland served as an attorney for twelve years, and also made significant sums on sale of his estate outside of Washington, D.C.  He bought “Westland Mansion” near Princeton, New Jersey.

Read more: The Net Worth Of The American Presidents: Washington To Obama - 24/7 Wall St. http://247wallst.com/2010/05/17/the-net-worth-of-the-american-presidents-washington-to-obama/#ixzz1EM2u0RzF

23rd Benjamin Harrison (1889-1893)$5 millionHarrison had no significant inheritance of his own or from his wife’s family. He was a highly paid attorney for 18 years, and served as attorney for Republic of Venezuela. Harrison owned large Victorian home in Indianapolis, Indiana.


25th William McKinley (1897-1901)$1 millionMckinley had no significant inheritance. Served 30 years in public office, including local prosecutor and member of the House of Representatives. Went bankrupt during depression of 1893 while he was Governor of Ohio.


26th Theodore Roosevelt (1901-1909)$125 millionBorn to a prominent and wealthy family, Roosevelt received a significant trust fund. He lost most of his money on a ranching venture in the Dakotas and had to work as an author to pay bills. Roosevelt spent most of his adult years in public service. His 235-acre estate, “Sagamore Hill,” sits on some of the most valuable real estate on Long Island.


27th William Howard Taft (1909-1913)$3 millionTaft’s wife’s father was a law partner of former president, Rutherford B. Hayes. Taft was president of the American Bar Association, an active attorney for nearly two decades, and only president to serve on the U.S. Supreme Court.


28th Woodrow Wilson (1913-1921)less than $1 millionWilson received modest compensation as head of Princeton and Governor of New Jersey. He never served in any position that provided him with a reasonable income. Wilson had a stroke in office and died five years later.


29th Warren Gamaliel Harding (1921-1923)$1 millionHarding obtained wealth through marriage to his wife Mabel, daughter of a prominent banker. He owned the Marion Daily Star and a small home in Marion, Ohio. Most of Harding’s net worth came from his newspaper ownership.


30th Calvin Coolidge (1923-1929)less than $1 millionCoolidge’s father was prosperous farmer and storekeeper. “Silent Cal” Spent five years as an attorney, and almost two decades in public office, which included time as Governor of Massachusetts. His net worth derived primarily from his home, “The Beeches,” in Northampton, Massachusetts, the advance from his autobiography, and the money he made from his newspaper column.31st Herbert Clark Hoover (1929-1933)$75 millionAn orphan, Hoover was raised by his uncle, a doctor. He made a fortune as a mining company executive, had a very large salary for 17 years and had extensive holdings in mining companies. Hoover donated his presidential salary to charity. He also owned “Hoover House” in Monterey, California.


32nd Franklin Delano Roosevelt (1933-1945)$60 millionRoosevelt had wealth through inheritance and marriage. He owned the 800-acre “Springwood” estate as well as properties in Georgia, Maine, and New York. In 1919, his mother had to bail him out of financial difficulty. He spent most of his adult life in public service. Before he was president, Roosevelt was appointed assistant secretary of the navy by Wilson.


33rd Harry S. Truman (1945-1953)less than $1 millionTruman was a haberdasher in Missouri and nearly went bankrupt. He served 18 years in Washington, D.C. Despite his modest income, he was able to save some of his presidential salary.

34th Dwight David Eisenhower (1953-1961)$ 8 millionEisenhower had no inherited wealth. He served the majority of his career in the military and five years as president of Columbia. Ike owned a large farm near Gettysburg, Pennsylvania.


35th John Fitzgerald Kennedy (1961-1963)Although he never inherited his father’s fortune, the Kennedy family estate was worth nearly $1 billion dollars.Born into great wealth, Kennedy’s wife was oil heiress. His Father was one of the wealthiest men in America, and was the first chairman of the SEC. Almost all of JFK’s income and property came from trust shared with other family members.


36th Lyndon Baines Johnson (1963-1969)$98 MillionJohnson’s father lost all of the family’s money when LBJ was a boy. Over time, he accumulated 1,500 acres in Blanco County, Texas, which included his home, called the “Texas White House.” He and his wife owned a radio and television station in Austin, TX, and had a variety of other moderate holdings, including livestock and private aircraft.


37th Richard Milhous Nixon (1969-1974)$15 millionNixon was born without any inheritance, and was a public servant for most of his life including a term as a Senator from California. “Tricky Dick” made significant sums from series of interviews with David Frost and book advances. He sold his New York townhouse to the Syrian ambassador to the U.S. and purchased a large home in Saddle River, NJ. At various times, Nixon also owned real estate in California and Florida.


38th Gerald Rudolph Ford Jr. (1974-1977)$7 millionFord had no inheritance, and he spent virtually his entire adult life in public service. Over the course of his lifetime, he owned properties in Michigan, Rancho Mirage, and Beaver Creek, Colorado. After he left the White House in 1976, he made nearly $1 million a year from book advances and from serving on the boards of several prominent American companies.

39th James Earl Carter, 1977-1981$7 millionCarter was the son of a prominent Georgia businessman. He was a peanut farmer for almost two decades. Carter left office deeply in debt, but made substantial sums from writing 14 books. Part of a family partnership that owns 2,500 acres in Georgia.

40th Ronald Wilson Reagan, 1981-89 (Republican)$13 millionReagan had no inheritance, but his first wife, an actress, had her own money. He was a movie and television actor for over two decades. “The Gipper” owned several pieces of real estate over his lifetime, including 688-acre property near Santa Barbara, California. Reagan was highly paid for his autobiography and as a GE spokesman.

41st George Herbert Walker Bush (1989-1993)$23 millionBush was the son of Prescott Bush, a Connecticut Senator and successful businessman. Aided by his friends in the financial community, he made a number of successful investments. One of his major assets is his home and 100+ acre estate in Kennebunkport, Maine.



42nd William Jefferson Clinton (1993- 2001)$38 millionClinton was born with no inheritance, and he made little significant money during 20 plus years of public service. After his time in White House, however, he made a substantial income as an author and public speaker. Clinton received large advance from autobiography. His wife, the secretary of state, has also made money as author.

43rd George W. Bush (2001-2008)$20 millionBush was born into a wealthy family. Over ten years, he made substantial sums of money in the oil business. The largest contribution to his net worth was the profitable sale of the Texas Rangers.   




44th Barack Hussein Obama (2008-present)$5 millionObama is the grandson of a goat herder. He is a former constitutional law professor and civil rights attorney. Book royalties constitute most of Obama’s net worth.