Remember how Obama loved to rail against greedy rich people? Do you recall that time he said that at some point you’ve made enough money? Well all that has changed now that he is a former president.
Now, he and Michelle are increasing their personal wealth by a massive amount.
AOL News reports:
The Obamas are worth 30 times more than when they entered the White House in 2008 — here’s how they spend their millions
Former President Barack Obama is a busy guy.
From speaking at events around the world to writing a memoir, and, most recently, signing a massive production deal with Netflix, Obama’s life after the White House has been full and very lucrative.
These endeavours — along with the six-figure pension all former presidents receive — have significantly contributed to Obama’s current estimated net worth of $40 million.
From the time he joined the US Senate in 2005 to the end of his presidency, Obama made $20 million alone from his presidential salary, book royalties, and investments, reports Forbes. And based on all the projects he’s taking on in just his first year post-presidency, we can only expect him to make many millions more.
Democrats will give the Obamas a pass on this, naturally. As will Bernie Sanders, Elizabeth Warren and all the other rich, left wing hypocrites.