Barack and Michelle Obama’s post presidency has been quite profitable as of late.
For a family whose net worth was only 1.3 million in 2008 when they moved to the White House, they now have amassed a fortune of somewhere between 40 and 135 million dollars according to LMT.
As reported by LMT:
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 the year’s No. 1 best-selling book.
These endeavors — along with the six-figure pension all former presidents receive — have significantly contributed to the Obamas’ net worth, which is at least $40 million, according to a 2018 GoBankingRates estimate. The New York Post recently pegged their fortune much higher, at $135