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Barack Obama Total Net Worth: How Much Is He Earning?

Barack Hussein Obama II is an American attorney and politician. He won the electoral votes for the presidency and became the 44th President of the United States. His term was from 2009 to 2017.

Personal Details

Stage Name: Barack Obama

Full Name: Barack Hussein Obama II

Gender: Male

Birthday: August 4, 1961

Place of Origin: Honolulu, Hawaii, US

Age: 59

Height: 6 ft.

Nationality: American

Sexual Orientation: Straight Male

Status: Married

Spouse: Michelle Robinson Obama

Profession: Attorney and Politician, Former President of the United States

Total Net Worth: $70 million

Personal Life

Barack Hussein Obama II was born on August 4, 1961, in Honolulu, Hawaii, in Kapiolani Medical Center for Women and Children. His parents are Ann Dunham, an American of European descent, and Barack Obama Sr., an African. Barack’s parents met in 1960 in a Russian language class. They went to the University of Hawaii at Manoa and Barack’s father was a foreign exchange student. The couple divorced in March 1964.

Barack and his mother moved to Indonesia when he was just six years old to join his step-father, Lolo Soetoro whom his mother met in 1963. Barack attended local schools in Indonesia, two years in Sekolah Dasar Katolik Santo Fransiskus Asisi and one year in Calvert Homeschooling by his mother. Barack learned to speak fluently in Indonesian.

It was then in 1971 when Barack returned to Honolulu to live with his maternal grandparents. Barack attended a private college preparatory school at Punahou School.

Barack graduated from high school in 1979. He moved to Los Angeles and went to Occidental College on a full scholarship. He then traveled to Indonesia to spend time with his mother and half-sister, Maya Soetoro. In 1981, he changed schools and transferred to Columbia University in New York City as a junior. He majored in political science with a specialty in international relations and also in English literature. In 1983, Barack Obama graduated with a Bachelor of Arts with a GPA of 3.7. 

Barack also attended Harvard Law School in 1988. He became the president of the Harvard Law Review.

Barack’s mother, Ann, died of cancer in 1995.

It was in June 1989 when Barack and Michelle Robinson met. Barack was a summer associate at the Chicago law firm of Sidney Austin while Michelle was Obama’s adviser. At first, Michelle declined Barack’s requests to date, and she finally agreed later that summer. Then in 1991, the couple got engaged and then got married on October 3, 1992. Barack and Michelle have two children namely Malia Ann, who was born in 1998, and Natasha, who was born in 2001.


For about a year after graduating, Barack Obama worked at the Business International Corporation as a financial researcher and writer. He also worked as a project coordinator for the New York Public Interest Research Group on the City College of New York campus for three months.

In 1996, he was elected to the Illinois Senate. He gained bipartisan support for legislation that aims to reform ethics and health care laws. He also supported the law which increased the tax credits for low-income workers, promoted increased subsidies for childcare, and negotiated welfare reform. In 1988, he was then reelected to the Illinois Senate. In 2002, he was re-elected again. In November 2004, Barack resigned from the Illinois Senate.

In the same year after his resignation from the Illinois Senate had an election in the U.S. Senate.  Yet, it was in 2003 when he announced his candidacy. On January 3, 2005, Barack was sworn in as a senator. He became the only Senate member of the Congressional Black Caucus. He then announced that he would resign from his senate seat to begin his transition for his candidacy for the presidential seat.


Barack Obama announced his candidacy for President of the United States in Springfield Illinois on February 10, 2007. The announcement site was in front of the Old State Capitol building where Abraham Lincoln delivered his historic speech of ‘House Divided’ in 1858.

Barack has emphasized the issues of rapidly ending the Iraq War, reformation of health care, and increasing energy independence. He has projected hope and change.

On August 23, 2008, he announced that Joe Biden is his vice-presidential running mate. 

Hillary Clinton has called for her supporters to endorse Barack Obama. She and her husband, Bill Clinton, gave speeches in support. Barack then gave his acceptance speech at Invesco Field at Mile High. The speech has been viewed by millions of people globally.

His campaign has set numerous fundraising records. He also was the first major party presidential candidate to decline public financing in the general election. 

On November 4, Barack Obama won the presidency. He has 365 electoral votes while John McCain has 173 votes. He also won the popular vote with 52.9% while John McCain has 45.7%. 

Barack Obama has made history by becoming the first African American to be elected President of the United States. On April 4, 2011, he announced his reelection campaign, and then on November 6, 2012, he won the electoral votes with 332 votes. He also has won the majority of the popular vote by 51.1&. Barack has become the first Democratic president to win the popular votes twice since Franklin D. Roosevelt. His Presidency was from 2009 to 2017.

Barack Obama Total Net Worth

Barack Hussein Obama II is one of the most memorable US Presidents, the 44th President. He has contributed a lot in his term as the President of the United States. After his service, he still is active in his political advocacy.

Before entering the presidency, he was a former lecturer at Harvard University, he had his law career, legislative career, and then the presidency. Barack also won the Nobel Peace Prize in 2009 for his extraordinary efforts for cooperation and to strengthen international diplomacy between people. Barack Obama created a new climate in international politics.

Barack Obama earns from being a former president a six-figure pension. He has best-selling books which add figures to his net worth. He also earns millions from speaking engagements.

Barack Obama’s net worth is at least $70 million.

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