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The First Family Discloses its Financial Assets

The First Family Discloses its Financial Assets

The first family’s financial disclosure statements show that the Obama’s assets are somewhere between $1.8 million and $12 million.

Published May 17, 2011

President Barack Obama and family don’t have to worry about much, at least on the financial front. On Monday the White House released the first family’s financial disclosure statements  They showed that the Obama’s assets are worth something between $1.8 million and $12 million.

 

The asset ranges on the financial disclosure forms make determining exact value difficult.

 

In 2009, the family's assets included Treasury bonds and retirement accounts that were valued at up to $7.5 million. The most valuable assets were royalties for the president 's books which totaled between $1 million and $6 million for Dreams From My Father and Audacity of Hope.

 

The president of the United States earns $400,000 in salary annually.

 

View the president’s  2010 financial disclosure report.

 

(Photo: Olivier Douliery/PictureGroup)

Written by Frank McCoy

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