Introduction
Jimmy Carter is the 39th president of the United States and recipient of the Nobel Peace Prize. Formerly a peanut farmer in Georgia, Carter served aboard a nuclear submarine in the U.S. Navy before rising to become one of the most powerful figures in American politics. In 1976 he won an election that saw him beat out incumbent Gerald Ford, thanks to his catchy campaign mantra “A leader, for a change.”
He was also reportedly responsible for organizing monitoring systems that allowed citizens to track how their tax dollar was being spent. After leaving office following Ronald Reagan’s election victory, Mr Carter went on to establish and lead The Carter Center for Human Rights and Democracy, where fostering world peace has been among its top priorities.
Early Life
Jimmy Carter was born on October 1, 1924, in Plains, Georgia, and sold peanuts at the age of eight. He attended Georgia Southwestern College and the Georgia Institute of Technology before gaining admission to the US Naval Academy. After graduating from the Academy in 1946, Carter served as an officer during the Cold War and completed his submarine training in 1952.
Net Worth
Jimmy Carter is estimated to have a net worth of $60 million. His various sources of wealth include his career in public service, his successful writing career, and his involvement in philanthropic initiatives.
Despite earning a presidential salary of $295,000 per year, Carter chose to live a simple lifestyle and donated a huge portion of his earnings to charitable organizations. After his presidency, he became an accomplished author, and his books have been widely read and sold millions of copies globally.
Trivia
Over his naval career, Jimmy Carter would rise to serve on nuclear submarines and become one of the youngest submariners to make an Admiral. Following his retirement from active duty in 1953, Carter returned home to Plains, where he let his entrepreneurial spirit flourish into many successful business ventures. He then ran for public office and became known as a reigning leader since being sworn into the office of President in 1976.
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