The Obamas are worth at least $70 million — take a look at how they make and spend their money
Former President Barack Obama and Michelle Obama are a busy couple.
From speaking at events around the world to writing memoirs and signing a massive production deal with Netflix, the Obamas’ life after the White House has been full and very lucrative.
For her part, Michelle Obama’s memoir, “Becoming,” was published in November 2018 and became that year’s No. 1 best-selling book. And Obama’s latest memoir, “A Promised Land,” sold nearly 890,000 copies within 24 hours of its November 2020 release.
These endeavors — along with the six-figure pension all former presidents receive — have significantly contributed to the Obamas’ net worth, which is at least $70 million, according to International Business Times. The New York Post pegged their fortune much higher, at $135 million.
From philanthropic efforts to vacationing where the sun shines to making long-term investments in his daughters’ education, here’s how the Obamas spend their fortune.