Obama’s childhood home listed for $2.2M
Rogers Healy & Associates owner and CEO Rogers Healy breaks down the $2-million listing for former President Barack Obama’s childhood home in Hawaii.
In the four years since he’s left the White House, former President Barack Obama has secured lucrative book deals, signed a massive production agreement with Netflix and delivered speeches around the world.
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Those ventures, on top of a six-figure pension that all presidents receive once they depart from the Oval Office, have boosted Obama’s net worth to a staggering $40 million, according to GoBankingRates.
In fact, from the time he joined the U.S. Senate in 2005 as a former 43-year-old law professor (then making $85,000 per year) to the end of his presidency, Obama earned $20 million alone, Forbes reported. About three-fourths of that money stemmed from book deals, with Obama earning $15.6 million as an author.
TAKE A LOOK INSIDE OBAMA'S $11.75M MARTHA'S VINEYARD VACATION HOME
The forty-fourth president made $8.8 million from his bestseller “Audacity of Hope” and children’s book “Of Thee I Sing: A Letter to my Daughters.” Sales of his memoir “Dreams From My Father,” originally published in 1995, soared once he landed in the nation’s capital, culminating in an additional $6.8 million windfall for Obama.
He made another $3.7 million from government salaries.
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While in office, presidents receive a $400,000 salary; in 2017, Obama received a pension worth more than $200,000, in accordance with the Former President Act.
Prior to becoming a senator, the Obamas earned no more than $300,000 annually between 2000 and 2004, according to Forbes.
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