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Actually compared to some former presidents and their families, the Obamas are not wealthy at all. In fact, it was not until about 2006 that Mr. Obama finally became a millionaire, largely due to royalties from his two best-selling books; the Obamas have also invested successfully in some stocks. By all accounts, the Obama family has never lived lavishly; their home in Chicago was not particularly opulent, and part of their income was Michelle Obama's salary as a hospital administrator and fundraiser. On their 2011 tax records, the Obamas' adjusted gross income was $789,674.
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Through trade.
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Pretend that the U.S. Constitution does not exist.
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