Barack Obama Net Worth $40 million
Barack Obama salary $1,500,000
Barack Obama Net Worth: How rich is Barack Obama? & How much money is Barack Obama worth? Time to find out!
Barack Obama is an American politician and his current net worth is $40 million.
Barack Obama was the first African American to have served as president of the United States of America, as well as the first born outside the contiguous United States.
He has served as the 44th President of the United States from 2009 to 2017, and before that he served in the U.S. Senate representing Illinois from 2005 to 2008.
Born in Honolulu, Hawaii, he grew up mostly in Hawaii, but during his childhood, he also spent one year of his life in Washington State and four years in Indonesia.
Following his graduation from Columbia University in 1983, he worked as a community organizer in Chicago.
Five years later, Barack entered in Harvard Law School, where he was the first black president of the Harvard Law Review.
After he graduated, he became a civil rights attorney and professor, making $85,000 a year, teaching constitutional law at the University Of Chicago Law School.
He has represented the 13th District for three terms in the Illinois Senate from 1997 to 2004, when he ran for the U.S. Senate.
Then in 2004, he has received some national attention with his unexpected March primary win.
A year after his campaign began, and after a close primary campaign against Hillary Clinton, in 2008, he was nominated for president.
Then, a year later he won the presidential elections against Republican John McCain, and he took the charge of the office on January 20, 2009.
Nine months later, Obama was named the 2009 Nobel Peace Prize laureate.
After winning re-election over Mitt Romney, Obama was sworn in for a second term in 2013. During the time, he promoted greater inclusiveness for LGBT Americans, with his administration filling briefs that urged Supreme Court to strike down same-sex marriage bans as unconstitutional.
During his both terms, he has done more good than bad, and when he left the office in January 2017, he had a 60% approval rating.
Currently, he and his wife, Michelle Obama, and their two daughters, are living in Washington, D.C.
In the entire time he was in the White House, reworked the nation’s laws, ended two wars and earned some substantial amount of money.
Three-fourth of that money came from book deals; in total Obama has earned $15.6 million as an author since he arrived in Washington.
The family, who had earned less than $300,000 a year from 2000 to 2004, made an average of $2.4 million annually over the next four years, even before Barack was elected president.
To date, he has written three books: “Dreams From My Father,” “The Audacity of Hope” and “Of Thee I Sing.” According to financial disclosures, he earned more than $10 million from those titles.
The former president and his wife are also philanthropists; from 2005 to 2015 they gave away 8% of their earnings, meaning $1.6 million.
He earns most of his money from speaking engagement with high profile corporations.
His net worth is expected to rise, thanks to a book deal that he got together with his wife.
This wraps up our Barack Obama Net Worth profile!