Jimmy Carter

Jimmy Carter's Net Worth 2025: Earnings & Career

Jimmy Carter, the 39th President of the United States, leaves behind a legacy of public service and humility. His life and career reflect a commitment to values over material wealth, inspiring many worldwide. This article explores Jimmy Carter's biography, net worth, career, and personal life, highlighting his achievements and how he managed his finances prudently.

Personal Profile About Jimmy Carter

Age, Biography, and Wiki

Jimmy Carter was born on October 1, 1924, and passed away on December 29, 2024, at the age of 100. He was born in Plains, Georgia, to James Earl Carter Sr. and Bessie Lillian Gordy. Carter graduated from the U.S. Naval Academy in 1946 and served in the U.S. Navy's submarine force. After his military service, he returned to Georgia to manage his family's peanut farm, which eventually became successful. Carter served as a Georgia state senator from 1963 to 1967 and later as the Governor of Georgia from 1971 to 1975 before becoming President in 1977.

Occupation Presidents
Date of Birth 1 October 1924
Age 100 Years
Birth Place Plains, Georgia, U.S.
Horoscope Libra
Country Georgia
Date of death 29 December, 2024
Died Place Plains, Georgia, U.S.

Height, Weight & Measurements

Carter's physical measurements are not widely documented, but his stature and lifestyle reflected his humble approach to life. He lived in a modest home in Plains, Georgia, after leaving the White House, emphasizing simplicity.

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Dating & Relationship Status

Jimmy Carter married Rosalynn Smith in 1946, and they were together until her death in 2023. They had four children: Jack, Donnell, James Earl "Chip" Carter III, and Amy Carter.

James Earl Carter Jr. Carter was the first U.S. president born in a hospital. He was the eldest child of Bessie Lillian Gordy and James Earl Carter Sr., and a descendant of English immigrant Thomas Carter, who settled in the Colony of Virginia in 1635. In Georgia, numerous generations of Carters worked as cotton farmers. Carter's father was a successful local businessman who ran a general store and was an investor in farmland; he had served as a reserve second lieutenant in the U.S. Army Quartermaster Corps during World War I.

During Carter's infancy, his family moved several times, settling on a dirt road in nearby Archery, which was almost entirely populated by impoverished Black families. His family eventually had three more children, Gloria, Ruth, and Billy. Carter had a good relationship with his parents, even though his mother was often absent during his childhood since she worked long hours. Although his father was staunchly pro-segregation, he allowed Jimmy to befriend the Black farmhands' children. Carter was an enterprising teenager who was given his own acre of Earl's farmland, where he grew and sold peanuts. Carter also rented out a section of tenant housing he had purchased.

Carter attended Plains High School from 1937 to 1941, graduating from the 11th grade; the school did not have a 12th grade. By that time, Archery and Plains had been impoverished by the Great Depression, but the family benefited from New Deal farming subsidies, and Carter's father became a community leader. Carter was a diligent student with a fondness for reading. According to a popular anecdote, he was passed over for valedictorian after he and his friends skipped school to venture downtown in a hot rod (although it is not clear he would otherwise have been valedictorian). Carter played on the Plains High School basketball team and joined Future Farmers of America, which helped him develop a lifelong interest in woodworking.

In 1952, Carter began an association with the Navy's fledgling nuclear submarine program, led by then-Captain Hyman G. Rickover. Rickover had high standards, and Carter later said that, next to his parents, Rickover had the greatest influence on his life. Carter was sent to the Naval Reactors Branch of the Atomic Energy Commission in Washington, D.C., for three-month temporary duty, while Rosalynn moved with their children to Schenectady, New York.

In March 1953, Carter began a six-month nuclear power plant operation course at Union College in Schenectady. His intent was to eventually work aboard USS Seawolf (SSN-575), which was intended to be the second U.S. nuclear submarine. His plans changed when his father died of pancreatic cancer in July, two months before construction of Seawolf began, and Carter obtained a release from active duty so he could take over the family peanut business. Deciding to leave Schenectady proved difficult, as Rosalynn had grown comfortable with their life there. She later said that returning to small-town life in Plains seemed "a monumental step backward". Carter left active duty on October 9, 1953. He served in the inactive Navy Reserve until 1961 and left with the rank of lieutenant. Carter's awards include the American Campaign Medal, World War II Victory Medal, China Service Medal, and National Defense Service Medal. As a submarine officer, he also earned the "dolphin" badge.

After debt settlements and division of his father's estate, Jimmy inherited comparatively little. For a year, he, Rosalynn, and their three sons lived in public housing in Plains. Carter set out to expand the family's peanut-growing business. Transitioning from the Navy to farming was difficult as his first-year harvest failed due to drought, and Carter had to open several lines of credit to keep the farm afloat. He took classes and studied agriculture while Rosalynn learned accounting to manage the business's books. Though they barely broke even the first year, the Carters grew the business and became quite successful.

Parents
Husband Rosalynn Smith (m. July 7, 1946-November 19, 2023)
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Children

Net Worth and Salary

At the time of his death, Jimmy Carter's net worth was estimated to be around $10 million. This figure is relatively modest compared to other former U.S. presidents. His wealth came from various sources, including book sales, a presidential pension, and his work as an author and humanitarian.

In the 1970 gubernatorial election, liberal former governor Carl Sanders became Carter's main opponent in the Democratic primary. Carter ran a more modern campaign, employing printed graphics and statistical analysis. Responding to polls, he leaned more conservative than before, positioning himself as a populist and criticizing Sanders for both his wealth and perceived links to the national Democratic Party. He also accused Sanders of corruption, but when pressed by the media, he did not provide evidence. Throughout his campaign, Carter sought both the black vote and the votes of those who had supported prominent Alabama segregationist George Wallace. While he met with black figures such as Martin Luther King Sr. and Andrew Young and visited many black-owned businesses, he also praised Wallace and promised to invite him to give a speech in Georgia. Carter's appeal to racism became more blatant over time, with his senior campaign aides handing out a photograph of Sanders celebrating with Black basketball players.

In a July 1971 news conference, Carter announced that he had ordered department heads to reduce spending to prevent a $57 million deficit by the end of the 1972 fiscal year, specifying that each state department would be affected and estimating that five percent over government revenue would be lost if state departments continued to fully use allocated funds. In January 1972, he requested that the state legislature fund an early childhood development program along with prison reform programs and $48 million (equivalent to $ in ) in paid taxes for nearly all state employees.

Career, Business, and Investments

When Bo Callaway was elected to the United States House of Representatives in 1964, Carter immediately began planning to challenge him. The two had previously clashed over which two-year college would be expanded to a four-year college program by the state, and Carter saw Callaway—who had switched to the Republican Party—as representing aspects of politics he despised. Carter was reelected to a second two-year term in the state Senate, where he chaired its Education Committee and sat on the Appropriations Committee. He contributed to a bill expanding statewide education funding and getting Georgia Southwestern State University a four-year program. He leveraged his regional planning work, giving speeches around the district to make himself more visible to potential voters. On the last day of the term, Carter announced his candidacy for the House of Representatives. Callaway decided to run for governor instead; Carter decided to do the same.

In the 1966 gubernatorial election, Carter ran against liberal former governor Ellis Arnall and conservative segregationist Lester Maddox in the Democratic primary. In a press conference, he described his ideology as "Conservative, moderate, liberal and middle-of-the-road ... I believe I am a more complicated person than that." He lost the primary but drew enough votes as a third-place candidate to force Arnall into a runoff election with Maddox, who defeated Arnall. In the general election, Republican nominee Callaway won a plurality of the vote but less than a majority, allowing the Democratic-majority Georgia House of Representatives to elect Maddox as governor. Maddox's victory—due to his segregationist stance—was seen as the worst outcome for the indebted Carter. Carter returned to his agriculture business, carefully planning his next campaign. This period was a spiritual turning point for Carter; he declared himself a born again Christian.

This strategy proved successful. By mid-March 1976, Carter was not only far ahead of the active contenders for the presidential nomination, but led incumbent Republican president Gerald Ford by a few percentage points. As the Watergate scandal was still fresh in the voters' minds, Carter's position as an outsider proved helpful. He promoted government reorganization. In June, Carter published a memoir titled Why Not the Best? to introduce himself to the American public.

Social Network

Jimmy Carter was not particularly active on social media platforms, reflecting his more traditional approach to communication and public engagement. However, his legacy and work through the Carter Center continue to inspire and influence global humanitarian efforts.

Polls of historians and political scientists have ranked Carter's presidency below average. His post-presidency—the longest in U.S. history—is viewed more favorably. After Carter's presidential term ended, he established the Carter Center to promote human rights, earning him the 2002 Nobel Peace Prize. He traveled extensively to conduct peace negotiations, monitor elections, and end neglected tropical diseases, becoming a major contributor to the eradication of dracunculiasis. Carter was a key figure in the nonprofit housing organization Habitat for Humanity. He also wrote political memoirs and other books, commentary on the Israeli–Palestinian conflict, and poetry.

Education

Carter graduated from the U.S. Naval Academy in 1946, receiving a Bachelor of Science degree. This education laid the foundation for his military career and later roles in public service.

As president, Carter pardoned all Vietnam draft evaders and negotiated major foreign policy agreements, including the Camp David Accords, the Panama Canal Treaties, and the second round of Strategic Arms Limitation Talks, and he established diplomatic relations with China. He created a national energy policy that included conservation, price control, and new technology. He signed bills that created the Departments of Energy and Education. The later years of his presidency were marked by several foreign policy crises, including the Soviet invasion of Afghanistan (leading to the end of détente and the 1980 Olympics boycott) and the fallout of the Iranian Revolution (including the Iran hostage crisis and 1979 oil crisis). Carter sought reelection in 1980, defeating a primary challenge by Senator Ted Kennedy, but lost the election to Republican nominee Ronald Reagan.

Carter had long dreamed of attending the United States Naval Academy. In 1941, he started undergraduate coursework in engineering at Georgia Southwestern College in nearby Americus, Georgia. The next year, Carter transferred to the Georgia School of Technology (now Georgia Tech) in Atlanta, where civil rights icon Blake Van Leer was president. While at Georgia Tech, Carter took part in the Reserve Officers' Training Corps. Van Leer encouraged Carter to join the Naval Academy. In 1943, he received an appointment to the Naval Academy from U.S. Representative Stephen Pace, and Carter graduated with a Bachelor of Science in 1946. He was a good student, but was seen as reserved and quiet, in contrast to the academy's culture of aggressive hazing of freshmen. While at the academy, Carter fell in love with Rosalynn Smith, a friend of his sister Ruth. The two wed shortly after his graduation in 1946, and were married until her death on November 19, 2023. Carter was a sprint football player for the Navy Midshipmen and a standout freshman cross country runner. He graduated 60th out of 821 midshipmen in the class of 1947 with a Bachelor of Science degree and was commissioned as an ensign.

As racial tension inflamed in Plains by the 1954 Supreme Court of the United States ruling in Brown v. Board of Education, Carter favored integration but often kept those feelings to himself to avoid making enemies. By 1961, Carter began to speak more prominently of integration as a member of the Baptist Church and chairman of the Sumter County school board. In 1962, he announced his campaign for an open Georgia State Senate seat. Rosalynn, who had an instinct for politics and organization, was instrumental in his campaign. While early counting of the ballots showed Carter trailing his opponent, Homer Moore, this was later proven to be the result of fraudulent voting. Another election was held, in which Carter defeated Moore as the sole Democratic candidate. He served in both the 127th Georgia General Assembly and the 128th Georgia General Assembly.

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