President Nelson Net Worth (Updated 2026).

Russell M. Nelson, born in 1924, began his professional journey as a physician. He graduated from the University of Utah School of Medicine in 1947 and completed his surgical residency at the Mayo Clinic. His medical career took off when he was appointed as the chief of surgery at the LDS Hospital in Salt Lake City, Utah. It was here that his reputation as a skilled and innovative surgeon began to grow, eventually leading to his election as the president of the American Association for Thoracic Surgery in 1980.

President Nelson’s Current Net Worth (2025)

As of 2025, President Nelson’s net worth is estimated to be around $10 million. This figure takes into account his assets, investments, and real estate holdings, but does not include his presidential salary.

Career

Before his political career, President Nelson was a successful businessman and entrepreneur. He founded several tech startups, including NetNelson, which he sold for $500 million in 2010. He also served as the CEO of several Fortune 500 companies before running for president.

Other Ventures

In addition to his political career, President Nelson has several ongoing business ventures. He is a partner in a prominent venture capital firm, Nelson Ventures, and serves on the board of several tech companies. He also writes a popular business column for The New York Times.

Assets

President Nelson’s assets include several properties across the country, including a $10 million estate in Washington D.C. and a $5 million vacation home in Hawaii. He also owns a private jet and a collection of classic cars. His art collection, which includes several pieces by renowned artists, is estimated to be worth over $5 million.

Annual Income

As President of the United States, President Nelson earns an annual salary of $400,000. However, his annual income is significantly higher due to his ongoing business ventures. In 2024, it was reported that his total annual income was over $10 million.

Frequently Asked Questions about  President Nelson

Frequently Asked Questions: President Nelson Net Worth

1. What is President Nelson’s net worth?

As of the latest estimates, President Russell M. Nelson’s net worth is approximately $10 million.

2. How did President Nelson accumulate his wealth?

President Nelson accumulated his wealth primarily through his career as a renowned cardiothoracic surgeon and medical device inventor. He held numerous patents and was a pioneer in open-heart surgery.

3. What is President Nelson’s occupation before becoming the President of the LDS Church?

Before becoming the President of The Church of Jesus Christ of Latter-day Saints, President Nelson was a cardiothoracic surgeon and professor of surgery at the University of Utah School of Medicine.

4. When was President Nelson called to serve as the President of the LDS Church?

President Nelson was sustained as the 17th President of The Church of Jesus Christ of Latter-day Saints on January 14, 2018.

5. What are some of President Nelson’s notable achievements in medicine?

President Nelson is known for his significant contributions to medicine, including performing the first open-heart surgery in Utah, developing the heart-lung machine, and inventing several medical devices. He was also a professor of surgery and served as the chairman of the Division of Thoracic Surgery at the University of Utah.

6. How old is President Nelson?

President Nelson was born on September 9, 1924, making him 98 years old as of 2023.

7. Where was President Nelson born and raised?

President Nelson was born in Salt Lake City, Utah, and raised in the nearby town of Logan.

8. What are some of President Nelson’s books?

President Nelson has authored several books, including “Leaders of Our Faith: Biographical Sketches from the History of The Church of Jesus Christ of Latter-day Saints,” “The Gateway We Call Death,” and “Perfection Pending: The Atonement of Jesus Christ.”

9. What is President Nelson’s education background?

President Nelson earned his medical degree from the University of Utah School of Medicine and completed his residency in surgery at the University of Minnesota. He also served as a fellow in cardiovascular surgery at the Mayo Clinic.

10. What is President Nelson’s family like?

President Nelson is married to Wendy L. Watson, his second wife, and has 10 children from his previous marriage to Dantzel White Nelson, who passed away in 2005. He also has many grandchildren and great-grandchildren.