Barack and Michelle Obama each leave the White House as multi-millionaires, and reports suggest they could make up to $240 million more as they cash in on post-presidency opportunities.

President Obama’s current net worth is $12.2 million while the first lady is worth $11.8 million.


That's a lot more than they entered the White House with in 2008.

The Obama’s reportedly made $2,656,902 the year he became America’s first African-American president, significantly more than when he was earning $80,000 in salary from the Illinois State Senate and $32,000 from the University of Chicago Law School, where he was a professor, according to GoBankingRates.com.

By 2007, Obama had earned more than $3 million in book royalties. He also added more millions to his name when he acquired a financial fund worth between $1 million and $5 million that same year.

During his presidency, Obama was getting an annual salary of $400,000, plus a $50,000 annual expense account, $100,000 for travel, which was not taxed, and an entertainment budget of $19,000.

According to a study by American University, the Obamas' combined net worth of $24 million as they leave the White House is miniscule compared to the riches they are likely to amass in the future, a number now pegged at $242 million, said the International Business Times.

Film at 11... 🤔

The good news, not paid by taxpayers and no more tax payer funded vacations.

---

True... true... 😟


Trump and some of his cabinet dudes are working for a dollar a year... 😟

fug em

H. Reed was worth a little more than a mil when he entered office and had a net worth over 10 mil upon retirement.

Investments did well!

I bet Pelosi's mattress is stuffed as well as her bank accounts.. 😟

Heard people quit giving to Hillary's Foundation... she's got nothing to offer them now I guess.... 😟

19K for entertainment?
They can't afford a week in Turks & Caicos!

And all they can steal or cheat the country out of.

already got your mind made up huh.. 😟

So, you think they are taking a page from the Clinton's playbook?

And N Pelosi?

And H Reed?

And the list goes on.

Tony, are you boycotting watching the inauguration?

What are you kidding....his family has already removed all television sets to keep him from putting his foot through them.

i really have no problems with presidents becoming wealthy nor am i surprised by special business dealings, "acquiring" things, etc

i do not think he was a great president but he served his time and i hope he enjoys the rest of his life

Where?
Does one just "AQUIRE a financial fund"...

^^^ that sounds shakey and illegal to me.

COMEY... PROLLY GAVE HIM MY MONEY.

IT'S A SPECIAL SSG 401K FUND.

^^^ THAT WOULD NOT SURPRISE
ME ONE BIT....

I'm not as stupid or as barbaric and uncontrollable as you.

Yeah you're more like a wrench.

Easily manipulated, open on one end closed on the other, and we all call you a tool.