Barack Obama Net Worth and Salary listed here. Barack Obama is the 44th president of the United States and the former senator from Illinois. Obama was the first African American President of the United States and one-term senator in the Illinois state.
Barack Obama’s Net Worth is $70 million, which is the combined net worth with his wife, Michelle Obama. They first become millionaires in 2005, earning from book royalties as Barack Obama entered the spotlight of politics.
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Barack Obama Net Worth
The Net Worth of Barack Obama is provided here below. Also, Barack Obama Salary is listed here.
|Barack Obama Net Worth||$70 Million|
|Barack Obama Salary||$400 Thousand|
|Birth Date||August 4, 1961|
|Profession||Politician, Writer, Lawyer, Law Professor, and Author|
|Nationality||United States of America|
Barack Obama Net Worth Key facts
Between 1991 to 2004, he never earned more than $30 thousand per year. When Obama was elected to the US senate as the senator of Illinois State, his salary jumped to $157 thousand per year. Michelle Obama was the breadwinner here for a long time as she earned $274 thousand per year as a lawyer.
In 2005, the Obamas earned $1.65 million from Barack Obama’s book royalties. In 2017, a $60 million book deal was signed by Barack and Michelle for their autobiographies. Between 2000 and 2017, the Obamas earned $85 million. In August 2019, Obamas paid $15 million for a property on Martha’s Vineyard island.
Barack Obama’s Rise to Presidency
From 1997 to 2004, Barack Obama served as the senator of the Illinois state of the USA. Then he successfully went for the US Senate, where he would serve in the US Senate from 2005 to 2008.
On February 10, 2007, Barack Obama announced that he was going for the presidential election. He faced off against Hilliary Clinton for the Democratic nomination, and he won the nomination then. With Joe Biden as his Vice President, he defeated John McCain in the presidential election.
In November 2008, Barack Obama was elected as the 44th President of the United States. in January 2009, Barack started office as the president.
In this article, we shared the details of Barack Obama Net Worth and salary. Please read this post to learn about Barack Obama and his net worth. Also, learn how he earned this amount of money; and how he was elected as the 44th President of the United States of America.