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The Obamas Are Worth 30 Times More Than When They Entered The White House In 200 - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessThe Obamas Are Worth 30 Times More Than When They Entered The White House In 200 (695 Views)

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The Obamas Are Worth 30 Times More Than When They Entered The White House In 200 by amoreobansu(op): 9:36pm On May 06, 2020
Former President Barack Obama and former First Lady Michelle Obama are a busy couple.

From speaking at events around the world to writing memoirs and signing a massive production deal with Netflix, the Obamas' life after the White House has been full and very lucrative.

For her part, Michelle Obama's memoir " Becoming " was published in November 2018 and became the year's No. 1 best-selling book .

These endeavors along with the six-figure pension all former presidents receive have significantly contributed to the Obamas' net worth , which is at least $40 million, according to a 2018 GoBankingRates estimate. The New York Post recently pegged their fortune much higher, at $135 million .

From the time Barack joined the US Senate in 2005 to the end of his presidency, he made $20 million alone from his presidential salary, book royalties, and investments, Forbes reported. And based on all the projects the couple has taken on in the short time since leaving the White House, we can only expect them to make many millions more.

From philanthropic efforts to vacationing where the sun shines to making long-term investments in his daughters' education, here's how the Obamas spend their fortune.

The Obamas entered the White House with a $1.3 million net worth in 2008. That has since grown to $40 million, according to a 2018 estimation.

https://www.pulse.ng/bi/finance/the-obamas-are-worth-30-times-more-than-when-they-entered-the-white-house-in-2008/61skmjt

Re: The Obamas Are Worth 30 Times More Than When They Entered The White House In 200 by CXLVII: 9:39pm On May 06, 2020
The best president America had.
Re: The Obamas Are Worth 30 Times More Than When They Entered The White House In 200 by traihit: 9:49pm On May 06, 2020
CXLVII:
The best president America had.
Really? What about George Washington, what about Abe Lincoln? I think their tenures were great decisive periods for the US.
Re: The Obamas Are Worth 30 Times More Than When They Entered The White House In 200 by Exc2000: 10:22pm On May 06, 2020
He most definitely don't need the money, as he is US asset till death he is taken care of
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