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Started By
Message
The Obamas could earn more than $200 million in the next 15 years
Posted on 3/2/17 at 12:04 am
Posted on 3/2/17 at 12:04 am
quote:
Being president of the United States is perhaps the most powerful job on earth — and being a former US president can be one of the most lucrative.
With book deals, speaking engagements, and a government pension, former President Barack Obama and former first lady Michelle Obama stand to earn as much as $242.5 million in the next 15 years, according to research from the Kogod School of Business at American University.
To calculate the Obamas' future earning potential, researchers focused primarily on what they're likely to gain from books and speeches, adding that number to the $200,000 annual pension the newly departed president will receive from the government.
"President Obama leaves office with two best-sellers already to his name to add to the estimated $40 million in book fees he and Michelle will receive," the study says. "Add $3 million in pension income and about 50 speeches a year at a conservative $200,000 apiece and you're already close to $200 million before taxes."
Barack wrote his first book, "Dreams from My Father: A Story of Race and Inheritance," in 1995, but it took off in 2008 during his first run for president. He followed that with "The Audacity of Hope: Thoughts on Reclaiming the American Dream," released in 2006, while he was a senator.
Both Barack and Michelle are expected to release autobiographies based on their experiences in the White House, which could rake in between $20 million and $45 million for the couple — with the potential for Barack's to become the most valuable presidential memoir of all time — according to The New York Times.
Speaking engagements also hold enormous potential for the Obamas. The study reports (via CNN) that Bill and Hillary Clinton have earned an average $210,795 for each address they've given over the past 15 years since leaving the White House, so it follows that the Obamas could bring in the same, if not more.
LINK
Posted on 3/2/17 at 12:08 am to Street Hawk
Good for them.
I hope they redistribute their wealth then, for consistency.
I hope they redistribute their wealth then, for consistency.
Posted on 3/2/17 at 12:09 am to Street Hawk
The biggest swindling in history.
This post was edited on 3/2/17 at 12:10 am
Posted on 3/2/17 at 12:14 am to Street Hawk
Living the American dream. Good for them.
Posted on 3/2/17 at 12:16 am to Street Hawk
quote:
$200 million
To give you an idea of what Trump thinks of this number, he paid 100 million for his 757 and 200 million for his Mar-a-lago club and those are just two of his holdings.
That will be the sum total net worth of the Obamas.
Posted on 3/2/17 at 12:29 am to Street Hawk
Using Hillary as a benchmark for speeches may not be the best method seeing as most of those were thinly veiled bribes.
Posted on 3/2/17 at 12:36 am to Colonel Flagg
quote:
The biggest swindling in history.
Meanwhile, Trump is set to make more in office in a fraction of the time set in the OP.
THE POLI BOARD!
Posted on 3/2/17 at 12:38 am to AlonsoWDC
They might as well be jewish
Posted on 3/2/17 at 1:54 am to Sentrius
quote:He paid $34 million or thereabouts for Mar a Lago. Everything else he overpaid for, thus his huge bankruptcy.
To give you an idea of what Trump thinks of this number, he paid 100 million for his 757 and 200 million for his Mar-a-lago club and those are just two of his holdings.
Posted on 3/2/17 at 3:14 am to mmcgrath
quote:
He paid $34 million or thereabouts for Mar a Lago. Everything else he overpaid for, thus his huge bankruptcy.
If you want to be wrong be the right kind of wrong
He bought it in 1985 for 5 million dollars
It is worth 200 million or more today
Posted on 3/2/17 at 4:14 am to TigersSEC2010
quote:
most of those were thinly veiled bribed
Thinly veiled??
Posted on 3/2/17 at 5:30 am to TigersSEC2010
quote:
Using Hillary as a benchmark for speeches may not be the best method seeing as most of those were thinly veiled bribes.
I wonder how much Hillary and Bill are making per speech since she lost the election?
Posted on 3/2/17 at 5:56 am to Street Hawk
He has already confiscated, I believe, lots of the "stimulus" money he obtained for he and his friends. He is already rich and getting richer.
This post was edited on 3/2/17 at 5:57 am
Posted on 3/2/17 at 6:34 am to AlonsoWDC
quote:
Meanwhile, Trump is set to make more in office in a fraction of the time set in the OP.
THE POLI BOARD!
Whose arse did you pull that out of?
Posted on 3/2/17 at 6:35 am to Street Hawk
Clintons made more with their Saudi and Russian connections.
Posted on 3/2/17 at 6:40 am to catnip
Catnip
Stop making up lies. You "believe" is no defense. You've got nothing.
Stop making up lies. You "believe" is no defense. You've got nothing.
Posted on 3/2/17 at 6:41 am to SlowEasyConfident
Slow easy
You might as well be a mel gibson.
You might as well be a mel gibson.
This post was edited on 3/2/17 at 6:42 am
Posted on 3/2/17 at 6:43 am to Street Hawk
I'm actually a little disappointed in him. I figured he'd have stolen that much before leaving office.
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