Was Barack Obama rich

Answer 1

According to his most recent (2011) tax returns, as well as business news reports, he has a net worth of $5.8 million, much of which comes from royalties for his two best-selling books. This amount also includes the $400,000 a year salary the president makes.

Answer 2

In December 2007, the Obama family was estimated at at net worth of $1.3 million

As President you earn $200,000 -300,000 dollars, but you pay for nothing so no one knows exactly how much he is worth.

Answer 3

In December 2007, the Obama family was estimated at at net worth of $1.3 million

Yes of course he is. He's written 2 books and his wife earns $300k / year.

As President you earn $200,000 -300,000 dollars, but you pay for nothing so no one knows exactly how much he is worth.
yes

Answer 4

Not until about 2005. At that time, he first joined the ranks of millionaires, with a net work of $1.7 million. In 2010, Barack Obama's net worth had risen to about five million dollars. But he spent much of his life as a member of the lower-middle class (and later, thanks to his grandparents, as a member of the middle class). He got rich through wise investments, as well as through the royalties from two best-selling books and from a successful career as a political figure and a public speaker.

Answer 5

Yes and no. Compared to you or I, he is probably wealthy-- his current net worth is about $12.2 million, made largely as a result of royalties on his best-selling books as well as on investments. But compared to other presidents, he is far from the wealthiest: for example, George H.W. Bush has a net worth of about $23.0 million, while George W. Bush, has a net worth of $20.0 million.

Answer 6

Their 2006 Tax returns indicate the Obamas earned more than $900,000 that year.

Answer 7

He probably makes $400,000 a year just like Bush did when he was president.

Answer 8

10.1 million though not sure if this includes the 1.4 mil from his Nobel prize he was going to donate to charity.

Answer 9

He's a long ways from being poor.....