Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Obamas' Assets: Up to $8.3M

Presidential books still paying off

By John Johnson,  Newser Staff

Posted May 15, 2012 6:56 PM CDT

(Newser) – Barack and Michelle Obama's personal finances are in sound shape: The first couple today reported total assets of between $2.6 million and $8.3 million last year, reports the Washington Post. (The imprecision is because of the broad ranges on reporting forms.) President Obama is still collecting decent royalties from his books, somewhere between $250,000 and $2.1 million.

One notable chunk of money: a checking account at JPMorgan Chase—subject of a new federal investigation—that has somewhere between $500,000 and $1 million. The Bidens, by contrast, aren't nearly as rich. They reported assets ranging from $233,000 to $776,000. The White House has the Obamas' disclosures here and the Bidens' here.

President Obama and first lady Michelle Obama return to the White House Saturday.
President Obama and first lady Michelle Obama return to the White House Saturday.   (AP Photo/Richard Lipski)
Jill and Joe Biden attend the 3rd Annual Black History Month Reception at the Naval Observatory in February.
Jill and Joe Biden attend the 3rd Annual Black History Month Reception at the Naval Observatory in February.   (AP Photo/Carolyn Kaster)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
4%
11%
8%
43%
4%
30%
To report an error on this story, notify our editors.
COMMENTS
Showing 3 of 35 comments
slammer
May 16, 2012 6:48 PM CDT
money for nothing chicks for free!
Nocturno
May 16, 2012 2:25 AM CDT
Obamas total assets represent the amount that Mr. Romney spends just for going out to have a drink and dinner a year.
summerfairy
May 15, 2012 10:51 PM CDT
pretty awesome for Obama,  wonder how he did it without being crooked.
 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne