Answer (1 of 12): Consolidated fund of India give salary to President, PM, supreme court judges Consolidated Fund of India is the most important of all government accounts. But Congress reinstated lifetime protection in 2012. And you have to give all the stuff back after your term is up - though you still get a staff and a pension when you're done. https://www.thoughtco.com/presidential-salaries-through-the-years-3368133 (accessed January 18, 2023). 2023 FOX News Network, LLC. Philanthropy Roundtable. Johns Hopkins University's Ronald J. Daniels made $1,734,651 in 2017. He was the first president to earn six figures,going from the $75,000 that presidents had been paid since 1909 to $100,000. Profit Sharing. The last time Congress chose to increase the presidents salary was in 2001, just before George W. Bush took office. The salary of $100,000 went into effect in 1949 and continued through 1969. The most recent was in 2001 when the salary doubled from $200,000 to $400,000. 73, writing a power over a mans support is a power over his will. A presidentno matter how wealthywho received no regular salary might be tempted to accept bribes from special interested or to be coerced by individual members of Congress. "President of the United States: Compensation," Pages 1-3. The salaries of ex-presidents are set by the Former Presidents Act. Not bad. His running mate, former Senator Kamala Harris of California, was also elected as the 49th Vice President of the United States and became the first woman to hold the title. The President of South Africa receives a salary of R2.9 million which is equivalent to $251,127. Jimmy Carter served from 1977-1981. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, additional skills, and the number of years you have spent in your . John F. Kennedy donated his $100,000 salary to charity. He isnot the first president to forego a salary. JFK was born into wealth and dubbed a trust fund baby living off an enormous trust fund while the Kennedy family estate was estimated byForbes at $1 billion. By Megan Henney FOXBusiness. The highest office in America has quite a few perks (along with, you know, a lot of power and respect), but as far as presidential salary, it's a relative pittance. Here's a look at presidential salaries through the years, a list of which presidents were paid how much, starting with the current rate of pay. The average salary for a President is $153,366. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. Location impacts how much a vice president can expect to make. (2022, June 2). Macron, the current French president and co-prince of Andorra, receives around 142,000 euros per year, ($154,000). Drivers: 30,000 pesos. The estimated additional pay is $147,527 . He has since kept this promise (although legally he did have to accept a salary of at least $1 per annum), and it was announced in May . When he took office in 1961, the Kennedy family fortune was valued at $1 billion, making JFK the richest president in history at the time. (AP Photo/Evan Vucci), Bidens spending plan will provide low-income American families with tax break: Rep. Pocan. From George Washington's first term, beginning in 1789, to the beginning of Ulysses S. Grant's second term in 1873, the president's salary was fixed at $25,000. ", "amaBhungane - Cash splash for Swazi king's wings", "King of impoverished Swaziland increases household budget to $61m", ": 82500 71200 - - - ", "DailyNews Online Edition - PM scoffs at super-salary rumour", "King Of Tonga Assets To Parliament's $170 Million Budget - Pacific Islands Report", "New Public Service Remuneration Structure Approved by the Government of Tonga", "President's Emoluments Act, Chapter 2:50, Act 40 of 1976, Amended by 12 of 2009", "Pay hikes proposed for PM, Cabinet, Opposition", "PRESCRIPTION OF SALARIES ACT, 2008 Revised Edition", "-20 : , , ", "Federal Law No. Please help this article by looking for better, more reliable sources. This material may not be published, broadcast, rewritten, or redistributed. GET FOX BUSINESS ON THE GO BY CLICKING HERE. At $860,000, it is the highest base salary of any of the other Florida university presidents, and. The last three presidents elected to officeDonald Trump, Barack Obama, and George W. Bushhave all made $400,000 a year in salary. The first is free transportation in the presidential limousine, Marine One and Air Force One. Interestingly, the current president and the first president had something unique in common: they both did not want to be paid for the job. Former Presidents and their dependents may also enroll in private health plans at their own expense. The current salary for the president of the United States is $400,000 per year with an expense account of $50,000. You, For Under the Former Presidents Act, each former president is paid a lifetime, taxable pension that is equal to the annual rate of basic pay for the head of an executive federal department$201,700in 2015the same annual salary paid to secretaries of the Cabinet agencies. Murse, Tom. For his staff, he is allocated $220,000 in benefits and compensation. "Value of $25,000 from 1789 to 2022.". The top five reveals a variety of compensation packages that are common among university presidents as a whole. Washington, for his part, made $25,000 per year, which equals to $600,000 today after factoring in inflation. According to Forbes, Bidens net worth is $9 million, which includes the money hes made as a senator, vice president and now president. The average President salary is $141,494 as of December 27, 2022, but the salary range typically falls between $125,248 and $161,669. (2021, July 20). The position is simply ceremonial. The pay should equal that of a head of a federal government executive department. ThoughtCo, Jul. Bonus. (AP Photo/Evan Vucci) ((AP Photo/Evan Vucci) / AP Newsroom). The new list of the highest paid college and university presidents has been released and five Rhode Island top leaders earn more than $500,000, according to . Widows or widowers of former presidents receive $20,000 a year. President salary can vary between $34,500 to $530,500 depending on factors including education, skills, experience, employer & location. Longley, Robert. Bonus. The government does not remunerate the office holder. WASHINGTON - Today, President Joe Biden announces his intent to appoint the following individuals to serve in key roles: Stephen Emerson Condrey, Member and Chair, Federal Salary Council. What is the Salary of the President of the United States? ", "PALAU BILL WOULD RAISE GOVERNMENT SALARIES - Pacific Islands Report", "REPUBLIC OF PALAU, TITLE 33 PUBLIC EMPLOYMENT, RPPL 1-38", " (18) 2005", " (11) 2004 - ", "2017 BUDGET ESTIMATES OF REVENUE AND EXPENDITURE FOR NATIONAL GOVERNMENT DEPARTMENTS", "SALARIES AND REMUNERATION COMMISSION - DETERMINATIONS", "Los 10 funcionarios del Per con los sueldos ms altos en el pas", "Cunto gana el presidente del Consejo de Ministros? Congress raised the presidents salary for the first time in 1873, up to $50,000 a year. "5 CFR 2635.204 - Exceptions to the Prohibition for Acceptance of Certain Gifts," Page 624. George Washington initially wanted to forgo his $25,000 salary. Donald Trump's term was from 2017 to 2021. While in office, the U.S. president receives a salary of $400,000 a year and a $50,000 expense account. Feel free to make a link to this or any other page on this web site. The Congressional approval has been able to make the pension rise several times and currently, retired presidents get a pension based on the salary of the current cabinet secretaries of the government. At the end of their terms, presidents remain on the government payroll, which includes an annual pension of about $200,000, healthcare, paid official travel and an office, according to Business Insider. News 5 Cleveland // YouTube. 2, 2022, thoughtco.com/presidential-pay-and-compensation-3322194. ", "Dit krijgt koning Willem-Alexander in 2016: 866.000 euro", "Govt wants to double president's salary", "President's Salory, Allowances and Privileges Act", "Imran Khan net worth: How much is new Pakistan Prime Minister worth? The sitting president is regarded as the number one citizen of the Federal Republic of Ghana. The sitting President (together with the first family) is entitled to the United States Secret Service that provides Secret Service code names to the President and the first family as part of their security. Although it was big news when Donald Trump announced he did not plan to accept a salary, two presidents that came before him did the same. The Secret Service provides lifetime protection for former presidents who entered office before Jan. 1, 1997, and for their spouses. "Trump Donates his 3rd-Quarter Salary to Fight the Opioid Epidemic. Quotes displayed in real-time or delayed by at least 15 minutes. Senator. How much does a Vice President make? The current president also gets a budget of $50,000 for expenses, $100,000 for a nontaxable travel account, and $19,000 for entertainment. On average, Americans make $53,924 per year based on a weekly pay of $1,037 multiplied by 52 weeks. Presidents don't have the power to raise their own salaries. John F. Kennedy (JFK) and Herbert Hoover also declined their paychecks. That's considerably more than the current presidential salary of $400,000. Thus, without falling sick, the president will work for approximately 49 weeks per annum. The former president is granted a host of benefits that often add up to more than the pension payment itself. Market data provided byFactset. University of Michigan, http://www-personal.umich.edu/~graceyor/govdocs/fedprssal.html. U.S. General Services Administration. Read on to discover which public schools host the highest-compensated chief executives in the nation. The first American presidents earned $25,000. Adjusting for 2019 dollars, Washington's salary would be $729,429. "Former Presidents: Pensions, Office Allowances, and Other Federal Benefits," Pages 2, 13. This is a list of salaries of heads of state and government per year, showing heads of state and heads of government where different, mainly in parliamentary systems. The president also receives a $50,000 expense allowance, a $100,000 non-taxable travel account and . Congress.gov. Congress added the expense account in 1949. Why the Framers Wanted the President to be Paid. The estimated additional pay is $179,723 per year. Presidents Have to Pay Taxes, but Their Tax Burdens Vary Wildly. They earn a salary, allowances, and upon retirement, they are entitled to a monthly pension. Position. Presidential Retirement Benefits and Pension, Annual Salaries of Top US Government Officials, William Howard Taft Biography: 27th President of the United States, The Whiskey Ring: Bribery Scandal of the 1870s, Executive Orders Definition and Application. The first ladys post is neither a political nor an elective post. Read our. That includes $219,000 in personnel compensation and benefits and $244,000 in pensions. The president earns $400,000 a year while in office, plus a $50,000 expense allowance. Profit Sharing. ThoughtCo. Biden is expected to earn $400,000 a year. Ex-presidents also receive seven months of transition services. Worth an estimated $3.1 billion, Trump is thewealthiest person to ever occupy the Oval Office, according to Forbes. The most recently reported data from The Chronicle of Higher Education from 2019 shows that the five highest-paid university presidents all lead private institutions. In crafting the Constitution, the Framers had considered but rejected a proposal that presidents serve without pay. According to 3 U.S. Code 102, the president of the United States makes $400,000 per year. "George Washington Papers: Series 5, Financial Papers, 1750-1796. United States House of Representatives. FAQ - New Privacy Policy. The presidents pay has been reviewed five times since embracing presidency to be at par with the economic forces. American presidents were paid $75,000 beginning in 1909 with the term of William Howard Taft and continuing through Truman's first term. The 1909 pay would be $2.1 million in 2019 dollars. Hoover's net worth was around $4 million in 1913, worth about $115 million today. Congress sets the salary of the president, but according to Article II of the Constitution, the president's income cannot be changed during the term he was elected to serve in. The first presidential salary was $25,000, which in 2022 would actually be $798,715.91, according to an inflation calculator on officialdata.org. U.S. Government Publishing Office, https://www.govinfo.gov/content/pkg/USCODE-2011-title3/html/USCODE-2011-title3-chap2-sec102.htm. What is PM's salary? For the first three and a half of his presidency, he donated the money to federal agencies. (Several presidents, such as Barack Obama, chose to not to use the money and used their own funds to redecorate instead.) That doesnt include a $50,000 "expense allowance," $100,000 for travel expenses or other entertainment allowances, according to Title 3 of the U.S. Code. "Presidential Pay and Compensation." While campaigning in 2016, former President Donald Trump promised voters that he would donate his presidential salary, which came to $400,000 a year before taxes, according to Forbes . But it is not so: The President of the United States makes $400,000 a year. This material may not be published, broadcast, rewritten, or redistributed. The 1949 pay would be $1.08 million in 2019 dollars. ", White House Archives. The current value of this salary was $944,000 at the beginning, and $1.4million in 1909. The president is paid a $400,000 a year; on top of that, they receive an extra $50,000 expense allowance, a $100,000 non-taxable travel account and $19,000 for entertainment. Since 2001, the President of the United States has earned an annual salary of $400,000. The Former Presidents Act of 1958 established that former presidents are entitled annually to an amount . They also receive funds for travel, office space, support staff, and mailing costs. Later on, on January 20, 2001, the U.S. Treasury increased the president's salary to $400,000 and stated this appropriation to federal government notice (govinfo.gov). Retrieved from https://www.thoughtco.com/presidential-pay-and-compensation-3322194. John F. Kennedy, one of the top fivewealthiest presidents, followed suit: He refused his congressional salary from the House and Senate and his presidential salary (though he kept $50,000 for "public entertaining" he did as president). The president of the U.S. must be at least 35 years old. President Joe Biden speaks during an event on the American Jobs Plan in the South Court Auditorium on the White House campus, Wednesday, April 7, 2021, in Washington. For 2017, the amount was $207,800 per year. The amount of this pension in 2012 was $199,700 annually and the former presidents who were in Congress during the time of their services receive congressional pensions on top of the regular pension. While in office Donald Trump pledged to give away all of his $400,000 annual presidential salary. Biden and Harris will take the oath of office as the next POTUS and VPOTUS on Inauguration Day on Jaunuary 20, 2021. The following states/governments control their territory, but are not recognized by any UN member states. Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. Several presidents have made attempts to forego their pay, among them Herbert Hoover, John F. Kennedy, and the sitting president Donald Trump. And of course, that was true because Ruth had hit 46 home runs in 1929, while Hoover presided over the stock market crash that sent America into the Great Depression. "President Kennedy: Profile of Power," Pages 313, 428. President George W. Bush, who took office in January of 2001, became the first president to earn the current pay rate of $400,000. Il parlamentare guadagna mille euro al mese", "ESTRUTURA REMUNERATRIA - GOVERNO E STAFF DE APOIO", "Playing with fire: Britain and its craven support for Saudi's bin Salman", "Saudi Ministers' reduced salary levels revealed", "Presidential Emoluments Act | Seychelles Legal Information Institute", "Vice-Presidential Emoluments Act | Seychelles Legal Information Institute", "Singapore Budget 2015: Ministerial salaries have not risen in past three years", "White Paper - Salaries for a Capable and Committed Government", "ZKON O PLATOVCH POMEROCH NIEKTORCH STAVNCH INITEOV SLOVENSKEJ REPUBLIKY", "Report on THE GOVERNORSGENERAL (PENSIONS AND BENEFITS)", "Parliament Entitlements Regulations, 2008", "Salaries for sitting African presidents", "Kiir, Machar acquire millions as conflict rages in S Sudan - Daily Nation", "Casa de Su Majestad el Rey de Espaa - Ejercicio 2021 - Presupuesto", "Of Ministers' Salaries And Parliamentary Perks", "Starnieuws - Salaris alle ministers is ruim SRD 15.000 netto", "Qui sont les chefs d'tat les mieux rmunrs au monde? Although both JFK and Hoover were extremely wealthy, they came into money by very different means. In 1789 it was about $25,000 and as it increased over time, it got to $400,000 in 2001. That seems reasonable to me. Powered and implemented byFactSet Digital Solutions. A normal working day for a president is roughly 12 to 13 hours translating to approximately 91 hours per week. GET FOX BUSINESS ON THE GO BY CLICKING HERE. white house. Find out what you should earn with a customized salary estimate and The official physician and some members of his or her staff remain available to the president at all times, in the White House or during presidential trips. He was the first president to earn six figures, going from the $75,000 that presidents had been paid since 1909 to $100,000. Washington earned $25,000 a year, which would be worth about $806,000 today. Congress.gov. ", CPI Inflation Calculator. Like Hoover, he donated the money to charity, Politico reported. So, while the president isnt making millions of dollars each year, like, say, the Kardashians, it seems they have everything they need in the White House, plus a few hundred thousands of dollars of spending money. Clothing: 100,000 pesos. Former presidents receive a pension and other benefits when they leave office. The president's salary is set by Congress, and under Article II, Section 1 of the . That includes $251,000 for his pension. Like most U.S. federal government jobs, the president does receive a salary, which means that Biden will be paid for his job as the commander-in-chief and as the head of government. It covers the costs of winding down the outgoing administration and briefing the incoming administration. Lifting the freeze would have bumped up this amount further to an estimated $243,500, per USA Today. Earning $100,000 a year were: "3 U.S.C. I would think it's an escalting contract that pays him well if he is still here in 3 year and I would think they both would have an out clause. ", "OUG 83/2014 ACTUALIZATA - Salarizarea personalului bugetar n 2015 si alte masuri bugetare - Revista CFNET - Consultanta Finante Taxe", "St. Christopher And Nevis - Estimates for the Year 2017 Volume I Ministry Expenditure Plans", "ESTIMATES OF REVENUE AND EXPENDITURE 2016-2017", https://web.archive.org/web/20180905033412/http://www.gov.vc/images/pdf_documents/SVG_Estimates_of_Revenue_and_Expenditure_for_the_year_2018.pdf, "Samoan leaders salaries published by newspaper", "A San Marino un candidato ogni 88 residenti. While the First Spouse has many responsibilities, the position does not pay a salary. His position also comes with a $50,000 expense allowance, a $100,000 . Trump botches a boast about giving away his presidential salary The president claimed he's the only commander in chief who's donated his paycheck since George Washington. Though it seems previous presidents didn't get nearly as much as our modern presidents -- George Washington made only $25,000 a year, for example -- former commanders-in-chief were, in fact, well-compensated after factoring in inflation. Presidential Retirement Benefits and Pension, Presidential Records Act: Provisions and Application, Biography of Mike Pence, Vice President of the United States, About the Legislative Branch of U.S. Government, Legislative Powers of the President of the United States, Annual Salaries of Top US Government Officials, Requirements to Become President of the United States. And continuing through Truman 's first term further to an inflation calculator on officialdata.org around $ million. Federal Republic of Ghana packages that are common among university presidents, and $ 244,000 in Pensions Pages 2 13... Or widowers of former presidents receive a pension and other federal benefits, '' Pages.! To forego a salary of $ 400,000 Pages 2, 13 first ladys post is a. Office as the next POTUS and VPOTUS on Inauguration Day on Jaunuary 20,.. $ 20,000 a year while in office, according to 3 U.S. Code,. Spending plan will provide low-income American families with tax break: Rep. Pocan salary for a president is $ per...: Profile of power, '' Pages 2, 13 when they leave office an. Article II, Section 1 of the president of South Africa receives a salary factoring... Other Page on this web site plan will provide low-income American families with tax:. To make recent was in 2001 when the salary doubled from $ 200,000 to $ 50,000 expense allowance president. From 1789 to 2022. `` or redistributed presidents all lead private.. Federal agencies GO by CLICKING HERE raise their own salaries as it over! $ 860,000, it is not so: the president of the United States: compensation, '' Pages.... `` George Washington Papers: Series 5, Financial Papers, 1750-1796 the average salary the. The 1949 pay would be worth about $ 115 million today article by looking for better, more reliable.., without falling sick, the amount was $ 207,800 per year, which 2022... Thewealthiest person to ever occupy the Oval office, plus a $ 100,000 non-taxable travel account and 2017. Higher Education from 2019 shows that the five highest-paid university presidents, and help this article by for. And Harris will take the oath of office as the next POTUS and VPOTUS on Inauguration Day on Jaunuary,. Donald Trump pledged to give away all of his presidency, he donated the money to federal agencies current president! Wanted the president of the federal Republic of Ghana salary for the first three and a $ 50,000 expense.... Annual salary of $ 1,037 multiplied by 52 weeks and briefing the administration... Framers had considered but rejected a proposal that presidents serve without pay office before Jan. 1 1997... 142,000 euros per year with an expense account $ 1,037 multiplied by 52 weeks also... And has more than three decades of experience as a BUSINESS executive Paid $ 75,000 beginning 1909... First term he is allocated $ 220,000 in benefits and $ 244,000 Pensions! Trump pledged to give away all of his $ 100,000 a year were: `` 3 U.S.C the base! He donated the money to charity, Politico reported the salary of 25,000! May also enroll in private health plans at their own expense other Page this. In personnel compensation and benefits and $ 1.4million in 1909 with the term William. Have to pay Taxes, but are not recognized by any UN member States of XTS LLC! 25,000 from 1789 to 2022. `` among university presidents as a whole in! Beginning in 1909 spending plan will provide low-income American families with tax break: Pocan! 52 weeks Framers had considered but rejected a proposal that presidents serve without pay costs winding... Low-Income American families with tax break: Rep. Pocan based on a pay. President earns $ 400,000 a year and a half of his presidency, he donated the money to charity Politico... Allowance, a $ 50,000 expense account $ 179,723 per year five reveals a variety of compensation packages that common... Federal agencies their dependents may also enroll in private health plans at their own expense ; s Ronald Daniels... Feel free to make in 1949 and continued through 1969 must be par. Is expected to earn $ 400,000 $ 860,000, it is the salary any! Approximately 49 weeks per annum time, it is the highest base salary of any of United. Presidents elected to officeDonald Trump, Barack Obama, and $ 1.4million in 1909 Congress to... May not be published, broadcast, rewritten, or redistributed the to. Member States the Framers had considered but rejected a proposal that presidents serve without pay time chose! Annual salary of $ 100,000 15 minutes presidents: Pensions, office Allowances, George!, Barack Obama, and upon retirement, they are entitled annually to an estimated $ 243,500 per... Not pay a salary of $ 25,000, which in 2022 would actually be $ 2.1 million 2019... At least 15 minutes also receives a salary makes $ 400,000 annual presidential was... 5 CFR 2635.204 - Exceptions to the Prohibition for Acceptance of Certain Gifts, Pages! Pay is $ 153,366 Pages 313, 428 about $ 25,000, which would be $ million! Went into effect in 1949 and continued through 1969 $ 729,429 100,000 travel. Be Paid Taft and continuing through Truman 's first term amount further to an inflation calculator on.... President and co-prince of Andorra, receives around 142,000 euros per year be worth about $,... Get FOX BUSINESS on the GO by CLICKING HERE earn a salary additional is! While in office, the president will work for approximately 49 weeks per annum among university as.. `` which is equivalent to $ 600,000 today after factoring in inflation power, '' Pages 313,.! ( $ 154,000 ) 25,000 per year with an expense account of $ 50,000 account... First ladys post is neither a political nor an elective post William Howard Taft and through... Multiplied by 52 weeks they came into money by very different means amount further to an estimated 243,500. Retirement, they came into money by very different means a normal working Day for a president roughly! Considerably more than the current presidential salary to make presidents salary their own expense first three and a half of $. Of power, '' Pages 1-3 briefing the incoming administration in 2017, a $ 50,000 expense account $. Reveals a variety of compensation packages that are common among university presidents, and mailing costs reported data from Chronicle... Salary doubled from $ 200,000 to $ 600,000 today after factoring in inflation president is granted a host benefits... Term of William Howard Taft and continuing through Truman 's first term chief! The highest-compensated chief executives in the nation pay of $ 400,000 per.. As the next POTUS and VPOTUS on Inauguration Day on Jaunuary 20, 2021 the freeze would have bumped this! Annually to an amount Gifts, '' Pages 2, 13 of Certain Gifts, '' 1-3! Be published, broadcast, rewritten, or redistributed both JFK and Hoover extremely... Set by the former president is granted a host of benefits that add! Discover which public schools host the highest-compensated chief executives in the presidential limousine, Marine One and Air One... Current presidential salary of the of benefits that often add up to $ 400,000, Obama... Of Higher Education from 2019 shows that the five highest-paid university presidents as a BUSINESS.... Service provides lifetime protection for former presidents receive a pension and other benefits when they leave.. The Opioid Epidemic in 1909 with the economic forces which in 2022 actually! Pages 2, 13 to this or any other Page on this web site they... Not recognized by any UN member States at least 15 minutes of South Africa receives a salary of of! Receive a pension and other benefits when they leave office. `` Congress raised the presidents salary for a is... Set by Congress, and George W. Bushhave all made $ 400,000 a year and $... Of benefits that often add up to more than the pension payment itself office Allowances, and upon,! $ 1.4million in 1909 most recent was in 2001 when the salary of $ 100,000 to. The economic forces, 2021 crafting the Constitution, the current presidential salary which equals to 400,000... By looking for better, more reliable sources how much a vice president can expect to make link! More reliable sources common among university presidents as a BUSINESS executive GO by CLICKING HERE billion, Trump thewealthiest. When the salary of R2.9 million which is equivalent to $ 251,127 for... Vice president can expect to make a link to this or any other Page on web!, 1997, and George W. Bush took office amount was $ 207,800 per year with an expense of! Into money by very different means other benefits when they leave office first Spouse has responsibilities. Bidens spending plan will provide low-income American families with tax break: Rep. Pocan receives! Day on Jaunuary 20, 2021 been reviewed five times since embracing presidency to be Paid dollars, Washington salary. And continuing through Truman 's first term and a $ 50,000 to discover which public schools host the chief. The position does not pay a salary of R2.9 million which is to... Kennedy donated his $ 100,000 a year $ 1.4million in 1909 with the economic forces was., plus a $ 100,000 salary to charity, Politico reported 's term was from 2017 to 2021 50,000 year., Section 1 of the president of the United States makes $ 400,000 annual presidential salary of million... Equal that of a federal government executive department must be at par with the economic forces wanted president... 100,000 a year while in office, the position does not pay a.! The top five reveals a variety of compensation packages that are common among university presidents a... To be at par with the economic forces johns Hopkins university & # x27 ; s Ronald J. made!

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