Barack Obama’s net worth in 2022 is likely to increase by a few hundred million dollars if he continues to sell books.
In 2010, he earned $3.3 million from Random House and another $86,000 from Dystel & Goderich Literary Management.
In 2011, he received an advance for a book called Dreams, which is intended for young adults. In the same year, he paid about $15 million for a Martha’s Vineyard property.
Barack Obama has a net worth of $70 million dollars. During his eight-year term as president, the former president earned about $400k a year. His taxes were released in 2015, which shows that he donated $64,066 to thirty nonprofit organizations.
While this is a hefty sum for a politician, it’s still quite impressive, even for the most famous American. He’ll be able to afford to purchase his dream home in a few years.
Obama’s net worth in 2022 will increase by at least $20 million. According to Forbes, the president is expected to earn $400,000 a year as president and receive a pension of about $200k per year.
The couple signed book deals worth $60 million in 2017 and 2018, and in October 2018, their memoir, “Becoming,” was released. As of March 2019, the memoir had sold almost 10 million copies. The two also sold 25 merchandise items related to it.