- With their new Netflix Series, lucrative book deals and speeches aplenty, the Obama’s are en route to becoming billionaires.
- Take Michelle Obama’s book deal. She was paid a $65 million advance on the book that has sold 725,000 books thus far.
- As for how much the Obama’s make for their speeches? Michelle reportedly commands $225,000 for her speeches. The former president makes $400,000 per speech.
- Barack Obama also makes a $207,800 annual presidential pension. Should being the President allow for becoming rich following your time in office?
Michelle Obama takes over Trump’s new ‘Becoming’ memoir
The cash continues to be used by Barack and Michelle Obama.
And maybe it’s not long before the billionaires.
The New York Post reported that Obamas is on its way to becoming a billion dollar brand in the midst of highly lucrative deals for books, speeches and videos from Netflix.
The latest example of cashing comes with the new memoir “Becoming” from the former first lady, which was published last week and was part of a $65 million book advance for the Obamas.
In 2017, the Obamas entered the $65 million deal after leaving the White House for books written by both the former president and the first lady.
— BREAKING NEWS 🌐 (@MAGAPILL_NEWS) November 18, 2018
— Edward Mapp (@etmapp) November 19, 2018
— 🇺🇸 Trumpin’ Along 🇺🇸 (@Ravenwhimsy) November 19, 2018
Apparently things are so bad for minorities in this country that not only have we had a black president, but said former president is on his way to becoming a billionaire.https://t.co/iWojMJKgDX
— Luis Miguel (@LuisMiguelUS) November 19, 2018
— RESILIENT MEDIA ENT (@resilient_ent) November 19, 2018