Obama's Net Worth Revealed —Kind Of

It's somewhere between $1.8M and $7M
By Matt Cantor,  Newser User
Posted May 16, 2013 8:59 AM CDT
President Barack Obama and first lady Michelle Obama board Air Force One at Dallas Love Field as they return to Washington, Thursday, April 25, 2013.   (AP Photo/Charles Dharapak)

(Newser) – President Obama's net worth could stand at a hair under $7 million ... or just $1.8 million. That range comes via his financial disclosure reports released yesterday, and USA Today sums it up perfectly: The Obamas "are wealthy, but it's uncertain just how wealthy." Their assets are documented on an eight-page form that calls for ranges rather than specific figures; they include Treasury notes and index funds. As for liabilities, the couple has just one: between $500,001 and $1 million owed on the 30-year mortgage on their Chicago home. Joe Biden made the same disclosure, and his wealth remains considerably smaller: His assets range from $120,000 to $550,000. (Read more President Obama stories.)

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