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The 44th president of the United States, author and the most popular person in the world, Barack Hussein Obama II, has an estimated net worth of $40 million, excluding the $1.4 million in Nobel Prize money he donated to charity and his primary home.
His historic run for the presidency helped him sell millions of copies of his two books, Dreams of My Father and The Audacity of Hope, during the campaign. He sold another 100,000 copies the week following his election. In 2009, the president earned an advance for an abridged version of Dreams for young adults; the deal made him the first sitting president in recent memory to receive a book advance while in office. The real money will be made years from now: Obama could certainly earn tens of millions of dollars a year giving speeches full time.
As president, Barack Obama’s base salary was $400,000 a year. He also had access to a $150,000 expense account as well as a $100,000 tax-free travel account and $20,000 entertainment budget.
Some of the achievements during his term as president of the United States includes the Affordable Care Act also known as Obamacare, which he signed on March 23, 2010, and the passage of the America Recovery and Reinvestment Act of 2009. His term as president ended on January 20, 2017.
Obama served three terms in the Illinois Senate and is the first African-American President of the United States. Obama was born August 4, 1961 in Honolulu, Hawaii. He is a graduate of Columbia University and Harvard Law School.
In June 1989, he met Michelle Robinson while working as a summer associate for Sidney Austin's Chicago law firm. Three years later, they got married and has two daughters, Malia Ann and Natasha.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2015 |
Salary |
Annual salary as President of the United States |
$400,000 |
|
2014 |
Others |
Estimated amount received as pension per year |
$1,500,000 |
|
2014 |
Salary |
Annual salary as President of the United States |
$400,000 |
|
2014 |
Earning Turned Donation |
Amount donated to different charitable institutions during his term as President of the United States |
$1,200,000 |
|
2013 |
Salary |
Annual salary as president of the United States |
$400,000 |
|
2013 |
Royalties |
Earning from his books, The Audacity of Hope (2006) and Dreams from my Father (2008) |
$273,000 |
|
2013 |
Salary |
Earning as the President of the United States |
$400,000 |
|
2012 |
Salary |
Earning as the President of the United States |
$400,000 |
|
2011 |
Salary |
Earning as the President of the United States |
$400,000 |
|
2010 |
Salary |
Earning as the President of the United States |
$400,000 |
|
2009 |
Salary |
Earning as the President of the United States |
$400,000 |
|
2004 |
Salary |
Salary as Senator of the United States |
$162,000 |
|
2003 |
Salary |
Salary as Senator of the United States |
$162,000 |
|
2002 |
Salary |
Salary as Senator of the United States |
$162,000 |
|
2001 |
Salary |
Salary as Senator of the United States |
$162,000 |
|
2000 |
Salary |
Salary as Senator of the United States |
$162,000 |
|
1999 |
Salary |
Salary as Senator of the United States |
$162,000 |
|
1998 |
Salary |
Salary as Senator of the United States |
$162,000 |
|
1997 |
Salary |
Salary as Senator of the United States |
$162,000 |