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Prune Juice Media | January 21, 2018

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Here’s the Public Listing of the Obama Family’s Assets

| On 16, May 2012

President and Mrs. Obama are sitting pretty on some coins these days. (Photo by Pete Souza / White House)

President Obama has been honest with the American people that he sits in a comfortable tax bracket.

Outside of the presidency, he is a best-selling author and has invested some of his money well. Trust me, the Obama family isn’t missing any of their organic, home-grown meals.

Check out the list that CNN Money compiled of the Obama family’s estimated assets, as required by the Ethics in Government Act:

  • Between $1.6 and $6.3 million in Treasury notes and bills. This is essentially government debt they hold that they can cash in later.
  • A JPMorgan Chase account containing an estimated $500,000 to $1 million.
  • 529 college savings plans — obviously for Malia and Sasha.
  • Royalties between $100,000 and $1 million for the book, “Dream from My Father.”
  • Royalties between $50,000 and $100,000 for the book, “The Audacity of Hope.”
  • Though it’s not an asset, the family does carry a mortgage between $500,000 and $1,000,000 on their Chicago home.
  • Earned over $789,000 in income in 2011, per their recent tax returns.

All of the assets are listed in range, but not specific, values. That’s why there is such a gap in the estimated wealth of the First Family.

I’ll take the low end of their range! Works just fine for me.



What do you think of the Obama family’s assets?

Did you think they held more or less than what was reported?

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