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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
Obama's Net Worth Revealed —Kind Of
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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