Obama: “It’s very hard to sustain a democracy when you have such massive concentrations of wealth.”
- Obama and his wife signed the largest book deal in history, $65 million, for their memoirs.
- The Obamas signed a separate production deal with Netflix worth an estimated $50 million.
- The Obamas’ production company, Higher Ground, signed a $25 million deal with Spotify that lasted three years.
- Barack Obama reportedly makes as much as $400,000 per speech.
- But Obama reportedly made almost $600,000 for speaking at a conference in Colombia.
- Michelle Obama makes $200,000 per appearance.
- The Obamas rent a mansion in Kalorama (a neighborhood in Washington, D.C.).
- The Obamas bought a mansion and estate in Martha’s Vineyard, Mass.
- The Obamas bought a house in Rancho Mirage, Calif.
- The Obamas still have their old home in the Hyde Park neighborhood of Chicago.
