White House: Obama assets between $1.9M and $6.9M
By Associated Press
May 15, 2015 4:37 PM CDT

WASHINGTON (AP) — The White House has released financial disclosure reports showing that President Barack Obama and his wife, Michelle, held assets last year that were worth about $1.9 million to about $6.9 million.

The range is little changed from the reports Obama filed in 2013.

The financial disclosure reports are required by law.

Public officials are allowed to report the value of their assets in broad ranges, making it difficult to determine a precise net worth.

The forms the White House released late Friday afternoon show that Obama and the first lady's largest jointly owned asset continues to be $1million to $5 million in Treasury notes.

Vice President Joe Biden and his wife, Jill, reported 2013 assets between $277,000 and $1.1 million.

Biden's assets include a rental property in Wilmington, Delaware.