How Do the Obamas Make Their Money?


Former President Barack Obama and First Lady Michelle Obama are a busy couple.

From speaking at events around the world to writing memoirs and signing a massive production deal with Netflix, the Obamas’ life after the White House has been full and highly lucrative.

For her part, Michelle Obama’s first memoir, “Becoming,” was published in November 2018 and became that year’s No. 1 best-selling book.

Her second book, “The Light We Carry: Overcoming in Uncertain Times,” was published in November 2022 and also became a bestseller.

And the former president’s latest memoir, “A Promised Land,” sold nearly 890,000 copies within 24 hours of its November 2020 release.

These endeavors — along with the six-figure pension all former presidents receive — have significantly contributed to the Obamas’ net worth, which is at least $70 million, according to International Business Times.

The New York Post pegged their fortune much higher, at $135 million.

From philanthropic efforts, to vacationing where the sun shines and making long-term investments in their daughters’ education, here’s how the Obamas make and spend their money.


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