Obamas On Their Way to Becoming Billionaires

Obamas On Their Way to Becoming Billionaires

November 19, 2018

Amid highly lucrative deals for books, speeches and Netflix videos, the Obamas may be on their way to becoming a billion-dollar brand.

Former first lady Michelle Obama’s new memoir Becoming is part of a $65 million book advance for books written by both her and the former president Barack. It is the highest amount ever paid for a presidential memoir.

Michelle could make millions just from her 10-city tour to promote her autobiography. She also can command $225,000 for other paid speeches. Barack makes $400,000 per speech and also receives a $207,800 annual presidential pension.

Earlier this year, the Obamas entered a multi-million dollar deal with Netflix to produce new films and shows.

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