Obama's Net Worth Revealed —Kind Of

It's somewhere between $1.8M and $7M

By Matt Cantor,  Newser Staff

Posted May 16, 2013 8:59 AM CDT

(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.

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.
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)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
7%
17%
7%
6%
2%
61%
To report an error on this story, notify our editors.

NEWS FROM OUR PARTNERS
Other Sites We Like:   The Street   |   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment