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What's Up This Month: Men's Fitness and Health: Waist-to-Hip The New Number That Counts Tiger Tops World's Richest Athletes-Earns $112 million What Does George Bush make? Read What Obama, Clinton, McCain and other politicians rake in Foods That Strengthen Erectile Performance Exercises That Improve Erectile Function Six Pack Abs The Work-outs That Work What Is Normal Height for a Man? Coming Next Week: 10 Most Powerful Men Under 40 |
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What Does George Bush rake in? Find out how much "change" is in Obama's pockets? Bush, Obama, Clinton , McCain? Article Continues Below |
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Obama's Net Worth--2012 Updates June 17, 2012 By Michael P. Delhomme, Contributing Columnist Related Links Obama's Net Worth-2013 Obama's Net Worth -2011 Obama's Net Worth -2010 Obama's Net Worth - Through December 2009 Obama's Workout-How He Stays In Shape Hubris Syndrome-Is It Affecting Obama? Governor Rick Perry-Winging It to Oblivion Obama's Approval Rating Plummets to 38% Newt Gingrich-Shades of Reagan or Nixon? Romney or Gingrich-Which Candidate Do Men Prefer? Erectile Health Laughing Improves Erectile Performance-New Study 10 Superfoods for Men's Health Foods That Strengthen Erectile Performance Ten Signs You Are About To Be Fired How Much Do Politicians Make? Snoring Linked to Stroke Do Laptops Reduce Sperm Count? This past year continues a slide in President Obama's earnings that was evident last year. According to their recently released tax returns, the First Couple earned $844,585 in tax year 2011. This compared with a joint income of $5,505, 409 in 2009 their peak earnings year so far, and $1,795,314 in 2010. Year-over-year, the Obamas have seen their income drop by $950,729. In percentage terms, the Obamas income has dropped by a whopping 52.9%. What happened? President Obama's wage income as President is fixed by statute, and remains steady at $400,000. This past year, for example, Obama reported wage income of $394,821. The cause of the Obamas overall income collapse are steeply declining book sales. In 2010, those sales accounted for $1,382,889 in income. This past fiscal year, 2011, by contrast saw Obama earning only $441,369. So, book sales have plummeted by almost $1 million. Why? Some journalists, who have seen advance copies of Pulitzer Prize-winning reporter David Marannis' much-anticipated Obama biography, have reported speculated that Obama has invented many of the events in his memoirs, raising uncomfortable comparisons to the faux memoirs that toppled writer James Frey. Frey, as you may recall, was the writer who was touted to stardom by Oprah Winfrey. After it was revealed that Frey fabricated much of his memoirs, an infuriated Winfrey brought him on her show for a public dressing down. Obama's memoirs sold well when they were regarded as factual autobiography. If the decline in book sales is any indication of America's waning fascination with President Obama, this does not bode well for his chances of re-election in November of this year. Because the President's income declined this year and his expenses did not, we did not add any additional amounts to his estmated net worth. The running tally starts at $11,057,249, the 2010 estimate for President Obamas net worth. After subtracting the $278,498 in personal expenses (charitable contributions, mortgage expense and local taxes from the $844 thousand in income, that leaves $566,087. We then subtracted an estimated $150,000 in additional personal expenses such as school tuition for their beautiful daughters (see calculations on prior year's net worth here). Grand total disposable income would then equal $416,087. Thus, we add this amount to their net worth, bringing their total current net worth to $11,473,336. Barack Obama Current Net Worth (through December 31, 2011, reflecting 2011 tax return data): $11,473,336 Sources: Tax Returns, 2010, 2009, 2008, 2007, 2000-2006 released by Obama campaign and White House (2008, 2009, President Obama 2010 tax return) Most Viewed: Foods That Strengthen Erectile Performance 10 Superfoods for Men's Health Top 10 Tips for Prostate Health How Many Pull-ups Can an Average Man Do? Related: Obama Net Worth -2013/ Obama Net Worth -the Early Years /What Politicians Make /Ten Signs You Are About to Be Fired / The Sacred 90 Minutes in Obama's Day Other Related Links President Obama's Approval Rating Plummets to 38% Barack Obama's Workout --How He Stays In Great Shape Ideal Weight for Men of Different Heights What Politicians Make (Bush, McCain, Obama, the Clintons) Snoring Linked to Stroke Foods That Strengthen Erectile Performance 10 Superfoods for Men Prostate Cancer Linked to Fatty Diet Signs of Testicular Cancer Ten Signs You Are About to Be Fired Male Pattern Baldness Affected by Diet Snoring Affects Erectile Health |
| Only $150,000 now but win or lose estimates for Obama's back-end money are massive. His may earn over $100 million after he leaves office |
| President Bush and Sarkozy of France (in car) and Gordon Brown of the U.K.. Bush has a net worth of between $20 and $30 million. That will balloon if he joins the lucrative speech and book circuit that have earned the Clintons $109 million since Bill Clinton left office. |
| Obama's house in the Hyde Park section of Chicago has 7 bathrooms, 4 fireplaces and a wine cellar. The square footage is listed as 6,199 square feet. Obama bought the home in June of 2005 for $1.65 million. We marked the value down a bit to $1.5 million in light of the depressed US housing market. |
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