James Madison Net Worth

How much is James Madison worth?

Net Worth:$115 Million
Profession:4th U.S. President
Date of Birth:March 16, 1751
Country:United States of America
Height:
1.63 m

About James Madison

James Madison Jr., an American statesman, diplomat, expansionist, philosopher, and founding father, lived from March 16, 1751, to June 28, 1836. His estimated net worth is $115 million. He was one among the key philosophers who contributed to the development of the United States and was known as the Father of the Constitution, a title he scorned. The young nation’s early years were anything but simple, and disaster seemed to lurk around every turn. He contributed to the nation’s progress toward a more solidified union and a promising future.

American statesman, diplomat, expansionist, philosopher, and Founding Father James Madison had an inflation-adjusted net worth of $115 million dollars at the time of his death, in 1836. Madison served as the fourth president of the United States from 1809 to 1817.

He was born in Virginia in 1751 and attended the College of New Jersey, which would later become Princeton. With a keen mind and a passion for law and history, he contributed to the Virginia constitution’s drafting in 1776 when he was 25 years old. He served in the Virginia legislature before going on to the Constitutional Convention, where he developed into a passionate debator on federation-related topics.

Federalist Papers and James Madison

James Madison, along with Alexander Hamilton and John Jay, was one of the original anonymous authors of The Federalist, a collection of strong arguments for ratifying the Constitution. These pieces are regarded as some of the greatest political science writings ever. At one point, they make the claim that the central question of the American experiment is whether or not people can genuinely create a good government without being controlled by chance or force.

James Madison’s Political Career

Madison kept up his employment with the US government. In addition to helping to draft the Bill of Rights, he also contributed to the first revenue legislation, which sought to establish a more equitable taxing system. His efforts, along with those of others, helped plant the Republican Party or the Jeffersonian Party, as it was afterwards known.

Madison served as Secretary of State under Thomas Jefferson, the nation’s third president, and oversaw the escalating hostilities with Europe, particularly with Britain and France.

He won the election, becoming the fourth person to hold the position of President in 1808. He served in the position for two consecutive terms.

Conflict of 1812

The 1812 war with Britain was one of the most significant occurrences during his rule. Because the US was unprepared for war, things started off horribly for the nascent country. The White House was burned to the ground and the capital was taken. But ultimately, the US prevailed in the conflict, thanks in large part to a number of effective campaigns, including one that Andrew Jackson oversaw in New Orleans.

Despite his retirement, Madison continued to defend the American experiment intellectually by opposing states’ rights and the idea that a state could override federal law. The final founding father, he passed away in 1836 at the age of 85. The American experiment he helped create carries on his legacy.

John Adams Net Worth

Andy Warhol Net Worth