On the night of November 5 to 6, 2024, Donald Trump was largely elected President of the United States against Democrat Kamala Harris, after a vote that was far from being as close as announced. The American billionaire will begin his second term this Monday, January 20, the day of his official inauguration, and will become the 47th president (after having been the 45th between 2017 and 2021).
If the man is already rich, despite his debts, his portfolio will be filled with 1.6 million dollars gross over the next four years. The current American president has in fact received, since 2001, 400,000 dollars gross per year. A salary, voted by Congress, which was previously $200,000.
Travel, entertainment…
In addition to his salary, the American president is entitled to numerous benefits. He benefits from several annual allowances:
- A travel envelope of 100,000 dollars.
- An entertainment budget of $19,000.
- A tax-free personal allowance of $50,000.
These expenses must be exclusively related to the exercise of his official functions. The presidency also includes access to exclusive means of transport and services:
- The presidential plane “Air Force One”
- The “Marine One” helicopter
- The White House residence and its staff
- A 50-hectare vacation home in Camp David, Maryland
- An official limousine with driver.
The American president at the foot of the podium
Despite leading the most powerful country in the world, the President of the United States is not the highest paid of the sitting heads of state across the globe. If he is far ahead of French President Emmanuel Macron, who receives a monthly salary of 16,039.71 euros gross, or approximately 192,400 euros per year, the American president is behind three other presidents in terms of salary.
-According to updated figures from the site Political Salaries, he follows the president of the Swiss confederation, who receives around 543,000 dollars per year, and the German chancellor, who earns 593,000 dollars. But he is far from the Singaporean Prime Minister. Lawrence Wong, current head of the Republic of Singapore, is by far the highest paid leader in the world, receiving more than $1,600,000 per year. Or what Donald Trump will earn over his entire term in office.
Our file on the 2024 American presidential election
Note that at the end of his four-year term, the American president continues to receive 200,000 euros per year as a former president's pension. His travel is also covered, he benefits from medical coverage and Secret Service protection until his death.
