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I guess he's made 3.2 million as President, does anyone know what his overall worth is currently? I can't imagine being a community organizer pays much, so any wealth he's accumulated was accumulated in office.
President Obama's money is from T-bills and book sales:
...the vast majority of the Obamas’ fortune these days is held in plain vanilla U.S. treasurys, worth about $3.4 million.
The President's hefty book royalties from “The Audacity of Hope” and “Dreams From My Father,” a big source of his wealth, are decreasing at a faster rate than we had estimated. In 2009, Obama’s book sales peaked and he grossed nearly $5.7 million, according to his income tax statement; by 2010, gross book revenues had dropped to $1.6 million.
President Obama's money is from T-bills and book sales:
...the vast majority of the Obamas’ fortune these days is held in plain vanilla U.S. treasurys, worth about $3.4 million.
The President's hefty book royalties from “The Audacity of Hope” and “Dreams From My Father,” a big source of his wealth, are decreasing at a faster rate than we had estimated. In 2009, Obama’s book sales peaked and he grossed nearly $5.7 million, according to his income tax statement; by 2010, gross book revenues had dropped to $1.6 million.
I guess he's made 3.2 million as President, does anyone know what his overall worth is currently? I can't imagine being a community organizer pays much, so any wealth he's accumulated was accumulated in office.
I can't help wondering if you've spent as much time wondering about Trump's worth (which he's lied about) or Romney, or Bush.
I don't know whether Obama (or Michelle, for that matter) would be allowed to accept speaking fees during his presidency, but don't forget that he has books, three, I think, which would be generating income. Also, he presumably put his assets in a blind trust (unlike Trump, who plans to profiteer), and if that was managed well, he might have made money there.
President Obama's money is from T-bills and book sales:
...the vast majority of the Obamas’ fortune these days is held in plain vanilla U.S. treasurys, worth about $3.4 million.
The President's hefty book royalties from “The Audacity of Hope” and “Dreams From My Father,” a big source of his wealth, are decreasing at a faster rate than we had estimated. In 2009, Obama’s book sales peaked and he grossed nearly $5.7 million, according to his income tax statement; by 2010, gross book revenues had dropped to $1.6 million.
He taught Law for 12 years at Harvard while at the same time joining a law firm. He'll clean up on the lecture circuit.
The community organizer stuff was a smoke screen, he wouldn' seems so homespun folksy if he was running as a tough Chicago Lawyer. It was great, everyone kept getting beat by this folksy "community organizer." I guess the j i g is up now.
During the four years Obama worked as a full-time lawyer at the firm, he was involved in 30 cases and accrued 3,723 billable hours.[74] Obama was listed as counsel on four cases before the United States Court of Appeals for the Seventh Circuit. Two of these cases involved ACORN suing Governor Jim Edgar under the new Motor Voter Act,[75][76] one involved a voter suing Mayor Daley under the Voting Rights Act,[77] and one involved, in the only case Obama orally argued, a whistleblowing stockbroker suing his former employer.[78] All of these appeals were resolved in favor of Obama’s clients, with all the opinions authored by Obama’s University of Chicago colleague Chief Judge Richard Posner.[79]
I can't help wondering if you've spent as much time wondering about Trump's worth (which he's lied about) or Romney, or Bush.
I don't know whether Obama (or Michelle, for that matter) would be allowed to accept speaking fees during his presidency, but don't forget that he has books, three, I think, which would be generating income. Also, he presumably put his assets in a blind trust (unlike Trump, who plans to profiteer), and if that was managed well, he might have made money there.
Actually Obama didn't put his assets into a blind trust. When he won the Presidential race in 2008, he sold all his investments and put everything into Vanguard Index funds for his retirement and 529 plans for the kids' college education. The Obamas have one of the most boring portfolios around.
Their net worth is somewhere between $1.5 and $7 million based on their financial disclosure forms:
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