Barack Obama Net Worth

Net Worth: $40,000,000

Net Worth$40 Million
BornAugust 4, 1961
Country of OriginUnited States of America
Source of Wealth44th President of the United States

What is Barack Obama’s net worth? We have some answers. Barack Hussein Obama II was born in Honolulu, Hawaii, on August 4, 1961. Obama didn’t have much of a relationship with his father growing up.

When Obama was still a baby, his father moved to Massachusetts to attend Harvard University and pursue a Ph.D. His parents divorced several months later and his father ended up moving back to Kenya.

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In 1965, Barack’s mother married a University of Hawaii student from Indonesia. They ended up moving to Indonesia a short time later, but by the age of 10, Barack’s mother sent him back to Hawaii to live with his grandparents because she was afraid for his safety in Indonesia.

While living with his grandparents, Obama enrolled in the highly regarded Punahou Academy where he excelled in basketball and graduated with academic honors in 1979. After studying at Occidental College in Los Angeles for two years, Obama transferred to Columbia University and graduated in 1983 with a degree in political science.

He moved to Chicago in 1985 and then entered Harvard Law School in 1988. He graduated magna cum laude from the school in 1991. After completing school, he returned to Chicago to practice as a civil rights lawyer. He also taught law part-time at the University of Chicago Law School for over a decade.

In 1992, he married Michelle Obama and in 1998 they welcomed their first daughter Malia, and soon after they welcomed their second daughter, Sasha in 2001.

In 2004, Obama ran for the U.S. Senate and won, defeating multimillionaire businessman Blair Hull. Three years later he announced he would be running for president, and the rest is history as they say. He served eight years as President of the United States and was one of the more personable presidents in recent history.

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This is one of those pivotal moments when every one of us, as citizens of the United States, need to determine just who it is that we are. Just what it is that we stand for. And as a fellow citizen, not as an ex-president, I delivered a simple message to students at the University of Illinois today. You need to vote, because our democracy depends on it. The biggest threat to our democracy doesn't come from any one person. The biggest threat to our democracy is indifference. The biggest threat to our democracy is cynicism – a cynicism that’s led too many people to turn away from politics, and to stay home on Election Day. The antidote to government by the powerful few is democracy by the organized many. If you get involved, and engaged, and knock on some doors, and talk with your friends, and argue with your family members, and change some minds, and vote – then something powerful happens. Change happens. Hope happens. With each new candidate that surprises you with a victory, a spark of hope happens. With each new law that helps a kid read, or a poor family find shelter, or a veteran get the support he or she has earned, hope happens. With each new step we take in the direction of fairness, and justice, and equality, and opportunity, hope spreads. I believe that can be the legacy of your generation. You can be the generation that stood up and reminded us just how precious democracy is, and just how powerful it can be when we fight for it. I believe you will. Because I believe in you. And I’ll be right there alongside you, every step of the way.

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Life after the White House has been eventful for the Obama family. His wife Michelle released her ‘Becoming’ memoir in 2018. It sold more copies than any other book published in 2018. It reached that record-breaking number in just 15 days. Meanwhile, Barack and Michelle’s oldest daughter, Malia, got accepted into Harvard in 2016.

As of 2019, Barack Obama’s net worth is $40 million. Before entering the White House, Obama had a net worth of around $1.8 million, so obviously him being president worked out for everyone involved. Needless to say, his wealth puts him in the mega-millionaires club which includes Jerry Seinfeld, Oprah Winfrey, and Jay Z.

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