PRESIDENT HARDING'S ESTATE VALUED AT $486,000+
Marion, Ohio (JFK+50) On October 11, 1923, the report of the late President Warren G. Harding's estate was filed in probate court here in Marion.
Appraisers set the total value of the estate at $486,565.64. The total included nearly $35,000 in money, $400,000 in securities and $46,000 in real estate.
According to the Associated Press, the President carried life insurance valued at $34,422.21.
JFK+50 NOTE
According to www.in2013dollars.com/, $486,565.64 in 1923 would be equivalent to $8,733,841.70 in 2023 based on the value of $1 in 1923 = $17.95 in 2023.
Another online source gives President Harding's 2022 financial status at $1 million ranking him 36th among the POTUS listed. This same source ranks Donald Trump #1, George Washington #2 & JFK #9.
SOURCES
"CPI Inflation Calculator," www.in2013dollars.com/
"Harding Estate Put at $486,565," The Evening Star, Washington, D.C., October 11, 1923, Chronicling America, Library of Congress, www.loc.gov/