Monday, May 16, 2011

How Rich Are The Obamas?

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  Have you ever sat back and thought about how rich are the Obamas? Financial disclosure documents released Monday showed the assets for last year. Hit the jump to find out. @wilmajor WASHINGTON — The White House says the assets held by President Barack Obama and Michelle Obama are valued between $1.8 million and nearly $12 million. Financial disclosure documents released Monday showed the assets for last year. The couple’s assets, which include Treasury bonds and retirement accounts, were valued at a maximum of $7.5 million in 2009. Assets are listed in wide ranges on the disclosure forms – for example, between $1 million and $5 million – making it difficult to determine their value with precision. Royalties from Obama’s books, “Dreams From My Father” and “Audacity of Hope,” totaled between about $1 million and $6 million.

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