When it comes to the history of net worth of US presidents, Barack Obama comes in right in the middle of the pack. The richest president ever was George Washington, who would have been worth about half a billion in today’s money. Thomas Jefferson and John F. Kennedy were very rich also, and some estimates say that JFK may have been worth a billion dollars in today’s money. At the other end of the spectrum, some of the US presidents never had very much money at all considering the prestige of their positions. Harry S. Truman, Woodrow Wilson, and Abraham Lincoln all did not become millionaires, adjusting for inflation to today’s dollar. Of course, nearly all the presidents have made their money from business interests outside of their presidential salary. Today, presidents don’t receive lavish salaries at all, and are paid less than even the lowest paid NBA or NHL players. These have included real estate, investments, book deals and autobiographies, and being paid for speaking engagements. This is true of Obama, who actually made most of his money writing books. Let’s take a look at how the forty forth president of the United States and most popular person in the world amassed his considerable net worth.
Barack Obama Net Worth 2018 – $12.2 Million
How Did Barack Obama Make His Money And Wealth?
In 1996, he was elected to the Illinois senate, and focused on health care reform and ethics. He supported tax credits and welfare reform, and he was continuously reelected to the senate in Illinois. His profile rose in the early 2000s, especially after a highly publicized speech at the Democratic National Convention in 2004, which lead to people beginning to think of him as a future presidential candidate. He was elected to the US senate in 2005, a position he would hold until 2008. In 2008, he successfully campaigned for president, defeating Hillary Clinton in the Democratic primaries and then John McCain in the general election. This made him the first African American president, and helped him sell millions of copies of his books. In 2012, he defeated Mitt Romney in the general election, becoming the first president to win the majority of the popular vote back to back times since FDR. Obama’s final day as president will be January 20th, 2017, when either Donald Trump or Hillary Clinton will likely take his place. It is speculated that following his presidency, he will start making more money as he will have time to write more books and give highly-paid speeches, like Bill Clinton has done.
Barack Obama Personal Life And FAQ
Is Barack Obama Married?
Does Barack Obama Have Kids?
Of all the presidents in the history of the United States, only six of them haven’t had kids and Obama isn’t one of these either. Their first daughter, Malia was born on the forth of July in 1998, and their next daughter, Sasha, was born in 2001. The two girls went to the very elite, very expensive Sidwell Friends School, which has educated many children of elite politicians in Washington. Malia Obama made the news recently for announcing that she had been accepted into, and would be attending, Harvard.
Where Did Barack Obama Go To College?
Starting his college education, Barack Obama got a BA from Columbia University in New York in 1983. He moved to Chicago and began work as a community organizer for a group of churches after graduating. In 1988, he attended Harvard. He became an editor of the Harvard Law Review in his first year at the school, and became the president of the journal in his second year. He graduated from Harvard with a doctor of law degree, and became nationally famous for being the first black president of the Harvard Law Review. This would lead to him getting his first book deal. Obama would become a professor after this, teaching constitutional law at the University of Chicago for twelve years.
Where Does Barack Obama Live? Picture of Obama’s House
I could be really cheeky here and post a picture of the Whitehouse, but I’ll spare you. But yeah, he lives in
How Much Did Barack Obama Earn Last Year?
The current base salary for a US president is $400 000 a year, plus access to an expense account and numerous other perks. The expense account is worth $150 000, plus he gets a $20 000 entertainment budget, and a $100 000 tax free travel account. One thing that surprises people about US presidents is that they often have to pay for household items, such as toothbrushes and soap at the Whitehouse. Obama made over a million dollars in a year for the first time in 2005. His most profitable year was 2009. He made five and a half million dollars that year, most of it from a huge amount of book sales as the result of his election to the presidency. Obama continues to make $3.75 each time he sells a hardcover book, as well as just over a dollar for each time he sells a paperback.
Barack Obama’s Charity Work And Philanthropy
Things You May Not Know About Barack Obama
Barack Obama is an avid sports fan, and is known to be a decent basketball player with an acceptable mid range jump shot. He has declared himself to be a fan of the Chicago White Sox, and he threw the first pitch in a playoff baseball game back in 2005. As far as football goes, Obama is a fan of the Chicago Bears.
Obama has a history of trying to quit smoking cigarettes, and has used nicotine replacement therapy at times. He currently does not smoke.
It’s the Chicago White SOX…
Thanks Bob.