How much is obamas net worth?

Answer 1

The December 2007 issue of Money Magazine estimated Obama's worth at approximately $1.3 million.

As of Aug 2008, it was about $5 million. His announcement that he was running for president boosted the sale of his books, leading to major increases in royalty checks; he also had some stocks and other investments. By 2010, Mr. Obama's net worth was estimated at about $6 million.

Answer 2

In 2007, his household income was 4.2 million (meaning he and his wife together made this amount). But it was so much because of his books sales, in 2006, the household income was 1 million dollars

Answer 3

As president, Barack Obama earns $400,000 on top of a $150,000 expense account, a $100,000 nontaxable travel account and approximately $19,000 for entertainment. This salary was last increased in 2001, and President Bush was the first to receive the higher salary.

As the Constitution prohibits pay raises for sitting presidents, Obama will not be getting a pay rise within his presidency. President Clinton last signed legislation that increased the salary to $400,000, effective from January 2001.

President Obama also makes money from his book royalties, particularly Dreams of My Father, and The Audacity of Hope, as well as a children's book he has penned.

For The Audacity of Hope, Barack Obama receives 15% of the list price from hardcover copies, 7% of list price for trade paperback copies, 8% of the first 150,000 copies of mass paperback, then 10% of the list price afterwards. Mr. Obama has also invested much of his money, so makes money from that as well.

Answer 4

The President is not required to divulge his net worth. His family was not wealthy so he did inherit any great amount. He is young and has not had a high paying job until recently. He owns a nice home in Chicago, but I do not know how much he owes on it. He gave away his Nobel prize money. He will make all the money he wants to make after he leaves office.

Answer 5

20 cents a second That would be over 6 million a year which is not even close, he prob makes around 400k

Answer 6

As president, Barack Obama makes about $400,000 dollars a year, like most presidents have (adjusted for inflation).

Answer 7

too much