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Obama Vacations in $7.6 million Martha’s Vineyard House

Celebrity Money, National Money
Obama Vacations in $7.6 million Martha’s Vineyard House

When you are the President of the United States of America, all eyes are on your expenses.

During his eight day vacation with his family in Martha’s Vineyard, President Barack Obama rented a private equity guru’s mega-mansion worth $7.6 million.

The property is owned by a certain David Schulte, the founder of Chilmark Partners organization. It is a 5,000-square foot home with four bedrooms and boasts of floor-to-ceiling windows, infinity pool, half-basketball court, tennis court and gym. 


The First Family has been a great contributor in terms of tax trips. In 2011, they also used to stay at Martha’s Vineyard on another friend’s property.


According to statistics, Obama’s recent approval rate as based in Gallup poll is 41 percent, which means almost 50 percent of Americans are dissatisfied with his performance as the head of the country.

This latest trip marks Obama’s 15th vacation trip out of his 96 days vacation grant.

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