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.
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.