According to some estimates, Barack Obama’s net worth will be $20 million in 2022. He is 44 years old, stands at five feet eight inches, and has a presidential salary of $1.4 million. His book royalties of $196,000 a year are the bulk of his wealth, bringing his net worth to approximately $3 million in 2016. His personal assets include public property, real estate, and bank deposits.
After his term as US President, Barack Obama and his wife rented a five-million-dollar home in Washington D.C., containing eight bedrooms, 8.5 bathrooms, and a gym. In August 2019, the first lady purchased a fifteen-million-dollar property in Martha’s Vineyard, Massachusetts. It is an oceanfront, 7000-square-foot primary mansion that includes 29 acres of oceanfront land. The couple also owns a barn and two cars.
Among the other sources of Obama’s wealth, he holds investments worth $50-$100 million in US Treasury notes. The notes yield an annual interest of $15-50k. In addition, the former president has a $100-k tax-free travel account and $500k of Treasury Bills in his SEP-IRA. Besides his personal investments, Barack Obama has enjoyed major success in the realm of writing.
His first book Dreams From My Father, published in 1995, was a memoir about his early years in Chicago and Harvard. The second book, titled The Audacity of Hope, is a fictional exploration of his presidential campaign in 2008. Both books made the New York Times and Amazon bestselling lists in 2006.