How much is Barack Obama net worth :
- Full Name: Barrack Hussein Obama II
- Net Worth: $12.2 Million
- Occupation: President of the U.S, author
- Marital Status: Married to Michele Obama nee Robinson
- Ethnicity: African American
Barack Obama Body Statistics:
- Measurements: Not known
- Height:6’1” or 186cm
- Weight:180 pounds or 81 kg
- Shoe Size: 12
- Hair Color: Black
- Eye Color: Dark brown
How Much Barack Obama Net Worth
Barrack Obama net worth is a rough estimate of $12.2 million. He is one of the most influential persons around the globe. From a former senator of the Illinois, he became the 44th president of the United States of America. He made history since he was the first black American president of the US. Besides, he has also written a couple of books and all of them have been labeled bestselling books of all time. For a leader that rules one of the most powerful nations of the world, it is only natural one would be concerned about his net worth. To clearly assess his net worth, it is important to study his life in politics, personal life and as an author.
Barrack’s Rise To Fame
Barrack Hussein Obama was born and raised in Honolulu, Hawaii. His mother was white whereas the father was an African from Kenya. He pursued law at Columbia University and finalized his studies in the School of Law, Harvard. While still in college, he began to nurture his leadership skills. At Harvard School of Law, he was the Harvard Law Review’s president. He also worked as an organizer for the neighboring community. Upon graduation, he started working as civil rights attorney in Chicago. From 1992 to 2004, he lectured law at the University of Chicago. He first came into the public limelight, after he made an overwhelming address speech in 2004 at the popular Democratic National Convention.
It was so powerful that it increased his fan base in tenfold. It is this speech that the people of Illinois considered and elected him in office as their senator and the larger public too, referred to the keynote speech when they elected him as the president of America in 2008. In 2009, he took office as the 44th president of the U.S.
How Obama Has Garnered A Total Of $12.2 Million
How much is Barrack Obama worth? Initially, Barack Obama earned his worth from the sale of books. That is the Audacity of Hope and Dreams of My Father. However, the keynote address speech he made in 2004 too made a large boost on his net worth. Furthermore, most people stopped looking at him as an ordinary person. He became a person to give the audience and take advice from him to the Americans and his political rivals.
As his fame rose owing to the speech, the sale of his books rose too. This was in particular for the book he wrote in 1995 “Dreams of My Father: A Story of Race and Inheritance”. In 2005, he registered an income rise of about $200000 and combined they managed $1.7 million. In 2006 alone, he reported an income of $916000. His book the Audacity of Hope that came in this same year became a best seller. Its demand rose around the world and he sold millions of copies, which gave him $4.2 million in 2007.
After his successful campaign and election as the president of one of the super powers, the net worth of Barrack Obama continued to grow. To date, he earns $3.75 for hardcovers and $1.12 for the paperbacks.
Besides his success as a writer, he has also earned quite an amount since he entered presidency. In a year, he earns a basic salary of $400000. This is complemented by $100000 travel account, which is tax-free, $150000 in expense account and $20000 for his entertainment.
Obama Private Life
Barrack Obama was born to Ann Dunham of Scottish origin and Barrack Obama sr. of Kenyan origins. Barrack Obama family and the first family of the United States of America consists of Michele Obama nee Robinson, his wife, who is also a lawyer. Her lavish spending on fashionable clothes may give you a hint, where the president’s money goes to although she is a professional herself. The couple has two children Malia Ann, born in 1998 and Natasha widely known as Sasha in 2001. In 2014, the girls got some slot on the list of the most influential teens in the world, prepared by the Times Magazine.
Barrack Obama net worth will keep increasing since he created a wide window for his books to sell. We also hope that when he will be out of the office after his second term, he will write more. Seeing how his other books, have done so far, nothing will prevent his future writings to do as much.