What Sort of Checks Does Obama Cash?

by Nate Wooley | November 7, 2012 2:14 pm

[1]He might be the most powerful man on the planet — but as far as making bank, he’s strictly second-tier.

The president’s salary — which is set by Congress, and currently is $400,000 per year[2] — doesn’t even move the needle compared to U.S. celebrities like, say, Oprah Winfrey, who made $165 million between May 2011 and May 2012.

The benefits are pretty good, though. The plane, the vacation home at Camp David, the expense account … not to mention it comes with a nice place to live and a short daily commute.

Also, Obama has other sources of income. In 2008, he reportedly earned more than $2.5 million due to book sales.

Still, President Obama has the lowest net worth of any living former president at about $11.8 million, Celebrity Networth says. That trails both Bill Clinton at $80 million, George H.W. Bush at $15 million and his son, George W. Bush, at $26 million.

More from the wealthy:

  1. [Image]: http://investorplace.com/wp-content/uploads/2012/10/obama-smile-wave-630.jpg
  2. currently is $400,000 per year: http://www.celebritynetworth.com/articles/entertainment-articles/how-much-money-does-the-president-make/
  3. 5 Sure Ways to Protect Your Wealth: http://investorplace.com/2012/10/5-sure-ways-to-protect-your-wealth-mo-ko-pg-t-wmt/
  4. Who’s the Richest Person in Your State?: http://investorplace.com/2012/10/whos-the-richest-person-in-your-state/
  5. Christmas Gifts for the 1%: http://investorplace.com/2012/10/christmas-gifts-for-the-1/

Source URL: http://investorplace.com/investorpolitics/what-sort-of-checks-does-obama-cash/
Short URL: http://investorplace.com/?p=255710