Franklin D. Roosevelt Net Worth

About Franklin D. Roosevelt

American politician Franklin Delano Roosevelt, also known by his initials FDR, was born on January 30, 1882, and died on April 12, 1945. His estimated net worth was $70 million. The 32nd US President, Franklin Delano Roosevelt, left behind a lasting legacy. On January 30, 1882, Franklin Delano Roosevelt was born. He later became known by the abbreviation FDR.

American politician Franklin D. Roosevelt had an estimated net worth of $70 million dollars at the time of his death, in 1945 (adjusted for inflation). Roosevelt served as the 32nd president of the United States from 1933 until his death in 1945.

FDR was reared with all the luxuries of wealth and privilege, including private tutors and extracurricular hobbies like golf and sailing. He was born into a famous New York family. He studied economics in college at Harvard when he was a young guy. He will then enroll in Columbia Law School. President Theodore Roosevelt, whom FDR also respected highly, was the fifth cousin of FDR. Theodore Roosevelt’s niece and a distant cousin of FDR, Anna Eleanor Roosevelt, and FDR fell in love while they were both students at Harvard. They got married in 1905.

FDR as a Senator and Lawyer Who Also Got Polio

After working for a few years as a law clerk at a Wall Street company, FDR entered politics. In 1910, he was elected to the New York State Senate. In 1913, President Wilson appointed FDR Assistant Secretary of the Navy. FDR remained in that job for seven years before returning to New York to practice law.

Roosevelt contracted polio in 1921 while on vacation. For the rest of his life, he would be unable to use his legs.

Election of FDR as President

In 1932, while serving his second term as New York’s governor, FDR was chosen to lead the country as its 32nd president. At the time, the United States was deeply buried in the Great Depression, giving Roosevelt the leverage he needed to enact his historic New Deal reforms and initiatives.

The Great Depression and FDR

A flurry of reforms and initiatives were implemented during FDR’s first 100 days in office in an effort to stop the Great Depression and regain the faith of the American people. Congress passed the Emergency Banking Act, which proclaimed a bank holiday shortly after his inauguration, and his series of radio broadcasts, known as Fireside Chats, which allowed him to address regular Americans in their homes.

The Presidential Legacy of FDR

FDR was the first and only US president to be elected four times, and he maintained a high degree of popularity during his stay in office. In addition, he was instrumental in creating the alliance between the United States, Great Britain, and the Soviet Union that saw the country through World War II. On April 12, 1945, he passed away at work. His legacy was a fundamentally altered American government that directly created jobs for the populace and served as a security foundation for the creation of NATO and the United Nations.

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