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.

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Showing 3 of 56 comments
PJPESH
May 16, 2013 5:32 PM CDT
biden is definitley lying about what he has!
orlandojonny
May 16, 2013 4:22 PM CDT
Huh, looks like Obama is a victim of his own economic failure.... his net worth declined
Ferd66
May 16, 2013 1:57 PM CDT
This financial disclosure is pretty meaningless, stating his net worth is anywhere from $1.8 and $7 million. Why report on it until you get actual numbers? Either way, the numbers are o.k. for a guy who hasn't worked too hard.