Michelle Obama Net Worth
|Net Worth:||$70 Million|
|Date of Birth:||Jan 17, 1964 (56 years old)|
|Height:||5 ft 10 in (1.8 m)|
|Nationality:||United States of America|
Michelle Obama is an American lawyer, writer and former first lady of the United States. As of this writing, Michelle and her husband Barack Obama have combined net worth of $ 70 million.
Early life: Michelle Obama (née Michelle LaVaughn Robinson) was born on January 17, 1964 in Chicago, Illinois. Michelle grew up in the South Shore area.
Her father suffered from multiple sclerosis, which was difficult for her emotionally, so she went headlong into her studies and was a diligent student. She graduated from Whitney Young High School in 1981 and was the best mate in her class. She attended Princeton University, where she majored in sociology as well as African American studies and graduated with honors in 1985.
While at Princeton, she actively participated in an academic and cultural group called the Third World Center, which supported minority students. In 1988, Michelle received her law degree from Harvard Law School. At Harvard, she worked at the Harvard Law Bureau, helping low-income tenants with housing issues. Michelle Obama is the third first lady to receive an advanced degree.
Post-Law School: Michelle’s father passed away in 1991, while a close friend died of cancer at the same time. She said that these deaths at a defining moment in her career made her reflect on her contribution to society. After law school, she worked at a Chicago law firm, where she met her husband, future President Barack Obama.
Their relationship began with a business lunch, and later they became close at a meeting of a community organization. She initially refused to date Barack, believing that their working relationship would make the romance unacceptable. She eventually relented and the couple eventually fell in love, getting married on October 3, 1992.
The Obamas lived in the south side of Chicago. Michelle left her job to pursue a career in the civil service, working as assistant to the Mayor of Daley and later as assistant commissioner for planning and development for the City of Chicago.
In 1993, she became the executive director of the Chicago office of the Public Allies, a nonprofit leadership training program that helped young people develop skills for future careers in the public sector.
Michelle Obama’s Net Worth today wasn’t the reason for her popularity but her devotion and dedication towards what she believes. Michelle joined the University of Chicago in 1996 as Deputy Dean of Student Services, developing the university’s first public works program.
She then worked at University of Chicago Hospitals starting in 2002 as Executive Director of Public Affairs and External Affairs. Meanwhile, Barack was elected to the State Senate in 1996 and to the US Senate in 2004. They chose to stay in Chicago rather than move to Washington, DC, as they believed it would be better for their daughters to keep them in school.
In May 2005, Michelle was named vice president of public and external affairs at the University of Chicago Medical Center, where she continued to work part-time shortly before her husband’s inauguration as President of the United States in 2009.
She is a member of the board of directors. member of the prestigious Chicago Board of Global Affairs. After her husband was elected president, she put her career ambitions into the background and became the first lady.
First Lady: Michelle Obama was the first lady of the United States from 2009 to 2017. Michelle was initially reluctant to defend her husband. She didn’t like this event, but she shook hands anyway and collected money.
Michelle also questioned Barack’s willingness to run for president as she thought it would be difficult for their young children. During her campaign speeches, she often discussed race, education, and motherhood. Barack Obama was elected President on November 4, 2008 and was re-elected in 2012.
During the first few months of his tenure as First Lady, Obama frequently visited free canteens and homeless shelters and encouraged young people to do more public services. She hosted receptions at the White House for women’s rights defenders and supported the stimulus bill.
She stated that her four main initiatives as First Lady are: let’s move, achieve more, let girls learn, and join forces. Obama also spoke on behalf of military families and encouraged national service.
Michelle has strongly advocated for working mothers to have a better balance between career and family. The Obama’s were awarded the Gerald Washington Memorial Founders’ Award by the National Coalition of Veterans in April 2012, and Michelle received the award again in May 2015 alongside Joe Biden.
Michelle is also known for her work to combat obesity and promote healthy eating habits in children. She demanded more hearty school meals and launched Let’s Move! Campaign.
Obama has also been very active in advocating for LGBTQ rights. In addition to political and humanitarian work, Michelle was known during her time as First Lady for her style and superb fashion sense.
Family life: Michelle and Barack Obama were married on October 3, 1992. Michelle suffered a miscarriage and underwent in vitro fertilization in 1998 to conceive daughter Malia Anne. The couple also underwent artificial insemination to conceive their daughter Sasha in 2001.
After moving to Washington, DC, after Barack won the presidency, the girls attended Sidwell’s Friends School. Michelle’s mother, Marian Robinson, moved to the White House with her family to help with childcare.
Michelle Obama’s Advance and Royalties: In February 2017, Barack and Michelle Obama received an advance of $ 65 million for the combined rights to their autobiography, plus one more (three books in total). Her 2018 book, Becoming, sold 750,000 copies in its first day alone. At the time of writing, the book has sold over 10 million copies.
Obama family income history
2000 $ 240,000
2001: $ 272,759
2002 USD 259,394
2003: $ 238,327
2004: $ 207,647
2005 USD 1,655,106
2006 $ 983,826
2007 $ 4,139,965
2008 US $ 2,656,902
2009: $ 5,505,409
2010 USD 1,728,096
2011 $ 789,674
2012 USD 662,076
2013: $ 481,098
2014: $ 477,383
2015: $ 436,065
2017 At least USD 65,000,000
Total $ 85,733,727
Barack and Michelle Obama’s Real Estate: After leaving office, Barack and Michelle rented a mansion in Washington, DC while their youngest daughter graduated from high school. In June 2017, they spent $ 8.1 million to rent an 8,200 square foot facility. In August 2019, it was reported that the Obamas were in an escrow of $ 14.9 million at Martha’s Vineyard. The property has a 7,000-square-foot main home and 29 oceanfront acres.