Barack Obama Net Worth 2022
According To Uswhispers Barack Obama Net Worth $70 million The first volume of the former president's memoir, "A Promised Land," was published in November 2020; by December 2020, 3.3 million copies had been sold, making it one of the best-selling political memoirs in history. Obama and former first lady Michelle Obama also signed a lucrative Netflix deal in 2018, in addition to the success of his memoir.
According to Uswhispers , the former president has a net worth of $70 million. According to an estimate by Analytics@American, the business analytics programme at American University
According to Celebrity Net Worth, Obama has an estimated net worth of $70 million, in part because he earned $400,000 per year throughout his entire eight-year term as president of the United States. Obama released his 2015 tax returns on April 15, 2016, which revealed that he and Michelle Obama filed jointly and reported an adjusted gross income of $436,060.
Barack Obama Personal Life
Obama is now one of five living former presidents, and he has returned to his roots as a community activist, working on issues that were important to him during his presidency, such as gun control, immigration, nuclear non-proliferation, race relations, and criminal justice reform. Obama continues to raise awareness of these issues and pursue social change through various organisations, social media, speaking engagements, and his production company.
The 1958 Former Presidents Act stipulates that Obama will receive the salary of a cabinet secretary for the remainder of his life. This amount is his annual pension of $205,700. Until his death, he will also receive health insurance and round-the-clock Secret Service protection.
Michelle Obama stated in the official announcement, "Barack and I have always believed in the ability of storytelling to motivate us."
Netflix did not disclose the financial details; however, according to The New York Times, similar deals have been valued at tens of millions of dollars over a number of years.
Under the banner of their production company, Higher Ground Productions, the Obamas have released, among other documentaries, "American Factory," which won an Oscar, "Becoming," and "Crip Camp," which holds the rare distinction of a 100 percent fresh rating on Rotten Tomatoes.
Obama will receive funds for an office, staff, and related expenses, in addition to Secret Service protection.