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Barack Obama Net Worth, Biography, Wiki in 2017-2016

How rich is Barack Obama?

Barack Obama net worth:
$12.8 Million

Barack Obama's salary (annual):

Barack Obama information

Barack Obama information

Birth date: August 4, 1961
Birth place: Honolulu, Hawaii, United States
Height:6 ft (1.85 m)
Weight:176 lbs (80 kg)
Profession:Politician, Lawyer, Writer, Author, Law professor
Education:Harvard Law School (1988–1991)
Nationality:United States of America
Spouse:Michelle Obama (m. 1992)
Children:Malia Ann Obama, Natasha Obama
Parents:Ann Dunham, Barack Obama, Sr.

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Barack Obama Net Worth, Biography, Wiki 2017-2016

Barack Obama today is the 44th President of the United States, preceded by George W. Bush, and a former Senator from Illinois who has estimated net worth of $12.8 million. He is the first African-American President of the USA and one of the most famous people in the world. Obama’s salary is as high as $400,000 per year, moreover, he has an ability to access a $100,000 tax free travel account, $20,000 entertainment budget and $150,000 expense account as well. Barack Obama was chosen to be the Senator of Illinois for three terms, and he was also known as a lawyer, writer and actor before his election to president.

Barack Obama Net Worth $12.8 Million

President Obama II was born into a mixed-race family in 1961 in Honolulu, Hawaii. But his parents divorced when Barack was 3 years old, and the next year his mother married a man from Indonesia, so Obama spent his childhood near the Indonesian capital city Jakarta. At the age of 10 he arrived back in his homeland and was raised by his maternal grandparents. Obama attended Columbia university and later Harvard Law School, where he was the president of the Harvard Law Review. After graduation B. Obama worked as attorney of the civil rights movement in Chicago for 12 years and that’s how he started to raise his net worth.

But the main component of his net worth Barack Obama earned thanks to the books he has written. He is an author of two books – the first one was “The Audacity of Hope” and the second is entitled “Dreams of my Father” which sold much faster and better after his speech to the Democratic National Convention. In 2005 Barack Obama’s income was already $1.7 million. Nowadays Barack Obama continues to increase his net worth from his books – he receives $3.75 for a hardcover copy sold and also $1.12 for every book which is sold in paperback.

If we want to answer the question about how rich is Barack Obama, we can take a look at his annual earnings. In 2004 Obama earned $112,000 as the Senator for Illinois and a lecturer at the Chicago Law School. After one year Obama’s net worth dramatically increased to $1.6 millions – this was as a result of his successful book. In 2007 B. Obama earned 4.2 million ($3.2 million were earned from “The Audacity of Hope” and $815,000 from “Dreams From My Father”). Obama’s net worth increased extremely quickly in 2009, when he earned $5.5 million. In 2010 his salary was again $1.7 million.

Barack Obama is the owner of a Chicago home – covering an area of 6400 square feet. House is equipped with a living room, 6 bedrooms, 6 bathrooms and a garage. The amount of Barack Obama’s net worth also allows him to drive two cars – 2005 Chrysler 300C and President’s Cadillac limousine which is nicknamed as “The Beast”. Although this car isn’t priced, it’s worth is considered to be about $450,000. Despite the fact that today Obama’s annual earnings are not as huge as they were before, there is no doubt that B. Obama’s net worth will continue to increase.

More about Barack Obama:

  • Filmography
  • Awards
  • Salaries
  • Facts
  • Quotes
  • Trademarks
  • Pictures

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Won awards

Won awards

YearAwardCeremonyNominationMovieAward shared with
2014 Streamy Award The Streamy Awards Best Collaboration Between Two Ferns with Zach Galifianakis (2008) · Zach Galifianakis
2009 Nobel Peace Prize Nobel Prize

"For his extraordinary efforts to strengthen international diplomacy and cooperation between ... More

2008 Grammy Grammy Awards Best Spoken Word Album For the album "The Audacity of Hope: Thoughts on Reclaiming the American Dream."
2006 Grammy Grammy Awards Best Spoken Word Album For the album "Dreams from My Father."
2005 Chairman's Award Image Awards

Nominated awards

Nominated awards

YearAwardCeremonyNominationMovieAward shared with
2013 Teen Choice Award Teen Choice Awards Choice Twitter Personality
2010 Blimp Award Kids' Choice Awards, USA Cutest Couple · Michelle Obama

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Source: Celebrity Images

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