Barack Obama turns 63: Know net worth, assets of the 44th US President
Barack Obama’s net worth in 2024, estimated at $70 million, reflects his diverse post-presidential ventures. His wealth stems from book deals, speaking engagements
world Aug 03 2024
Author: Amrita Ghosh Image Credits:Barack Obama
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Presidential Salary and Pension
Obama’s net worth benefits from his presidential salary and pension, which totals $205,700 annually. This includes health insurance, office funds, and Secret Service protection
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Book Deals
Obama's books, such as A Promised Land, have been highly lucrative. The $65 million deal with Penguin Random House for this memoir highlights his successful writing career
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Speaking Engagements
As a former president, Obama commands high fees for speaking engagements, often reaching up to $400,000 per event. His talks on global and domestic issues are highly sought after
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Netflix and Higher Ground Productions
In 2018, Obama and Michelle launched Higher Ground Productions and signed a multi-year Netflix deal. This includes producing acclaimed content like American Factory
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Audible Deal
The Obamas transitioned to a first-look deal with Audible after their Spotify podcast partnership ended. This deal allows for the production of new podcast content
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Real Estate Investments
Obama’s real estate portfolio includes a mansion in Washington, D.C., a home in Chicago, and a significant estate on Martha’s Vineyard. These properties are valued in the millions
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Ongoing Political Influence
Obama remains active in politics, notably endorsing Kamala Harris for the 2024 presidential election. His ongoing involvement enhances his public profile