As Senator
When Obama became a Senator representing Illinois in 2005 he declared his total assets as $100 000. Within 4 years the assets increased massively to $3.5 million.
How can a US Senator increase his asset value by $3,4 million in a mere 4 years? Easy - when you come from Illinois it is indeed easy - the pay-to-play is an ingrained system in Illinois politics.
As President
When Obama became President he declared his total assets as $3,5 million.
As a President Obama earned the following:
* Annual Salary - $400 000
* Yearly Expenses - $ 50 000
* Entertainment - $ 19 000
* Travel Allowance - $100 000
Total Income Per year = $569 000
Total Income over 8 years = $4 552 000
Not really a massive salary one would say with very little saving possibilities.
So now the million dollar question - how much is Obama worth at present?
Present Asset Value
In a recent report it was stated that Obama's net asset value is $80 milliom
It is claimed i n the article that Obama and his wife gets $300 000 for every speech they make and reference was made to 85 such Speeches since 2017, The Obama's claim that they are getting additional income from book royalties - but no book has been released as yet and royalties are normally paid once the book has been released and available for sale, Another source of income is supposedly from royalties on a movie - but the movie is not available either,
Now back to the asset value - the $80 million is probably correct bearing in mind the Obama's home purchases since 2017:-
* Washington DC = $ 8 100 000
* Hawai = $ 8 700 000
* California = $ 4 250 000
* Martha's Vineyard = $14 850 000
In the three years since 2017 Obama spent $32 570 000 on fixed property purchases alone.
Something smells to high heaven here - and how much did Obama actually got through the pay-to-play Illinois system and how much through corrupt activities like the Uranium 1 deal and the cash payment to the Ayatollah?