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How is The Net Worth of Barack Obama a Stunning $70m?

Barack Obama is a former politician who served as the 44th President of the United States. He has a net worth of $70 million.

Net Worth$70 Million
Source of WealthPolitics
Date of BirthAugust 4, 1961
NationalityAmerican
Height6’2”
Place of BirthHonolulu, Hawaii
Star SignLeo
ReligionChristian
PartnerMichelle Obama

What Is Barack Obama’s Net Worth?

Barack Obama is known for being the president for two consecutive terms. He was the 44th President of the United States and the first African American president. Throughout his career, Obama was also a successful senator from Illinois. He earned his money from his salary as president.

Obama is now worth $70 million. While most of that is from his time as the President of the United States, Barack Obama’s net worth also comes from the books he’s written, the endorsements, and the continued political activity he undertakes. Obama is still active in the political world despite retiring as a politician.

Early Life of Barack Obama

Barack Obama was born in Honolulu, Hawaii, in the early days of its statehood. His father was an African exchange student, and his mother was of English descent. Obama’s parents were only married for four years, and he only saw his father once before Obama Sr. died in a car accident in 1982.

Barack Obama lived in Hawaii, Seattle, and Indonesia throughout his childhood. He was raised partly by his mother and partly by her parents, experiencing multiple cultures and religions as part of his upbringing. Obama graduated high school in Hawaii and went to college in Los Angeles.

Barack Obama’s Career

After college, Barack Obama worked in the community for several years. He started in New York and transferred to the South Side of Chicago, where he worked for non-profits and community organizing companies. He used his college degree and upbringing to help the community around him.

Obama enrolled in Harvard University Law School in 1988 and graduated in 1991. He was elected President of the Harvard Law Review, becoming the first Black president of the university paper. He worked in Chicago during his college summers and, after he graduated, became a lecturer at the University of Chicago Law School.

In 1997, Barack Obama was elected as a state senator in Illinois. He served as a state senator for eight years, commuting between Chicago and the state capital in Springfield. After serving successfully for consecutive terms, Obama ran for the U.S. Senate, defeating a Republican opponent by the largest winning margin in Illinois history.

After being a United States Senator for one term, Barack Obama mounted and ran a successful presidential campaign. He beat out the other Democratic candidates, including a narrow victory over Hillary Clinton. Obama became the 44th president of the United States and the first Black President. He served two terms.

Highlights of Barack Obama’s Career

Barack Obama’s career is highlighted by his presidency. However, before he was POTUS, he was a senator and a successful politician. Here are the highlights of Obama’s career.

  • 1991 – Graduated from Harvard Law School Magna Cum Laude
  • 1997 – Gets elected to the Illinois Senate
  • 2008 – Becomes 44th president of the United States
  • 2012 – Gets re-elected as President

Barack Obama’s Personal Life

Barack Obama has written about his personal life in three books. The first, Dreams of My Father, was commissioned while he was in law school. In it, he discusses his upbringing in Hawaii, his father’s absence in his life, and race relations in Hawaii and other places he lived.

Obama never really knew his father but visited Kenya in 1998 to meet many of his paternal relatives for the first time. He has several half-siblings on his father’s side and one half-sister on his mother’s. Both his father and mother died tragically, Obama Sr. in a car accident, and Ann Dunham to cancer.

In 1989, Barack Obama met his future wife Michelle while working in Chicago. The two started dating the following summer and were married in 1992. After a miscarriage, the Obamas underwent in-vitro fertilization to have two girls, Sasha and Malia Obama. The girls spent much of their childhood in the White House.

Although he is no longer president, Barack Obama still uses his influence in politics and culture to make a difference. He has a podcast with rock legend Bruce Springsteen about the influence of American culture, and he often posts his thoughts on major events and political talking points.

Barack Obama: The 2020 60 Minutes interview

Famous Quotes of Barack Obama

Barack Obama has many inspiring quotes from his books and on the campaign trail. Here are some quotes from Barack Obama.

“The cynics may be the loudest voices – but I promise you they will accomplish the least.”

“No matter who you are or what you look like, how you started off, or how and who you love, America is a place where you can write your own destiny.”

“Change will not come if we wait for some other person or some other time. We are the ones we’ve been waiting for. We are the change that we seek.”

Social Media Stats

Barack Obama has a large following on social media and uses them to share his articles and projects. Here are the social media links and statistics.

Success Lessons From Barack Obama

We can learn a lot from the life of Barack Obama. Here are some success lessons from his life:

  • No matter where you come from or what you look like, you can make a difference.
  • If you focus on hope instead of cynicism, you will find it.
  • Aim to make a difference in the world, and you will be able to.
  • Don’t be afraid to speak up for good in the world.

Interesting Facts About Barack Obama

Barack Obama has led an interesting life. Here are some facts about him you might not have known:

  • Obama is a smoker but hid his smoking habit while on the campaign trail.
  • Obama holds a Grammy for the Best Spoken Word Recording, won in 2006.
  • Obama enjoys playing Scrabble, poker, and basketball.
  • Obama is left-handed, one of only seven known presidents.

FAQs

Here are some frequently asked questions about Barack Obama and their answers.

Is Barack Obama Muslim?

Barack Obama is a self-professed Christian. Although there were rumors that he was Muslim during his presidency, he grew up in a non-religious household and came to the Christian faith through adult discernment.

Is Obama a Japanese name?

Obama is a typical Japanese surname. However, it is also a Kenyan surname, which it is in Obama’s case. His father was a Kenyan immigrant studying in Hawaii when Obama was born.

Who did Obama run against?

Obama ran twice, once for President and the second time for reelection. In 2008, Obama ran against Hillary Clinton for the Democratic nomination and John McCain in the general election. In 2012, Obama ran against Mitt Romney.

Summary

Barack Obama is worth $70 million, thanks to his decades of political service to our country. Because of his book deals, years as President, and current sphere of influence, Obama still has political and cultural sway over the people of America. He continues to inform many peoples’ opinions, despite no longer being president.