What was Obama before he became president?

A member of the Democratic Party, Obama was the first African-American president of the United States. He previously served as a U.S. senator from Illinois from 2005 to 2008 and as an Illinois state senator from 1997 to 2004.

How much does Obama make after presidency?

Pension. The Secretary of the Treasury pays a taxable pension to the president. Former presidents receive a pension equal to the salary of a Cabinet secretary (Executive Level I); as of 2020, it is $219,200 per year.

How much money does Donald Trump have?

2.5 billion USD (2021)
Donald Trump/Net worth

How much is the Obamas’ net worth?

A 2018 estimate put the Obamas’ net worth at $40 million-plus, but a more recent calculation guessed much higher, at $135 million. From joining the Senate in 2005 until the end of his second term, Barack earned a whopping $20 million alone.

How much did the Obamas pay in taxes this year?

They paid $81,472 in taxes according to their 18.7 percent tax rate. They also donated a total of $64,066 to more than 30 charities. According to CelebrityNetWorth.com, Obama has a net worth of $12.2 million and Michelle Obama is not far behind with a net worth of $11.8 million.

How much will Obama’s memoirs be worth?

Obama has already proven to be an accomplished and popular author. Following the presidency, experts predict that he could earn about $30 million for his memoir, while Michelle Obama could garner an estimated $10 million for hers, according to the New York Times.

Where did Obama’s $2 million donations come from?

In 2017, after leaving office, the couple donated $2 million to summer jobs programs in Chicago, among other significant contributions. Where did their money come from? The Obama’s net worth was pegged at $20 million, from the time Obama became a U.S. senator in 2005 to the end of his presidency.