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Michelle Obama has an estimated net worth of $11.8 million. Born and raised in Chicago, Michelle Obama is an African-American lawyer who currently serves as the First Lady of the United States. Her husband, Barack Obama, of Democratic Party, is now on his second term as the President of the United States.

Born as Michelle LaVaughn Robinson Obama on  January 17, 1964, Michelle Obama attended the Princeton University then Harvard Law School to finish a degree. She returned to Chicago to work at Sidley Austin Law firm, where she met her husband, Barack Obama.

She is known to be supportive of her husband's political career. As a senator's wife and current first lady, Michelle Obama is recognized for her advocacies on nutrition, healthy eating and poverty awareness. She is considered as the first African-American woman to become the first lady of the country. As the wife of Barack Obama, Michelle has become a role model for women and of course, a fashion icon.

Earnings & Financial Data

Date

Category

Description

Amount

2012

Asset

The maximum value of the treasury bills which the Obamas owned

$250,000

2012

Asset

The maximum value of the Vanguard retirement funds which Michelle Obama owned

$250,000

2012

Asset

The maximum value of Obama's JP Morgan Chase checking account

$500,000

2012

Asset

Estimated MSRP of the 2005 Ford Escape Hybrid which Michelle Obama drives

$26,000

2012

Salary

Annual salary received from the University of Chicago Hospitals

$320,000

2012

Asset

Estimated base value of the Chrysler 300C which Michelle Obama drives

$30,000

2011

Asset

Maximum value of the assets which Michelle Obama and her husband Barack Obama owned as of 2012

$6,800,000

2010

Asset

The maximum value of the assets owned by the First family in 2011

$8,300,000

2009

Asset

The maximum value of the assets owned by the First family in 2010

$12,000,000

2005

Earnings

Earnings as a member of the board of directors of TreeHouse Foods

$51,000

2005

Salary

Salary from the University of Chicago Hospitals

$273,000

2005

Earnings

Annual earnings of the Obama couple

$991,000

2004

Earnings

Annual earnings of the Obama couple

$1,700,000