The Obamas are worth 30 times more than when they entered the White House in 2008 — here's how they spend their millions

  • Barack Obama's net worth is currently estimated to be $40 million.

  • Aside from the six-figure pension he receives as former president, Obama has made millions from speaking engagements and his bestselling books.

  • While Obama spends his money in various ways, he loves to donate to charity and take vacations with Michelle.

Former President Barack Obama is a busy guy.

From speaking at events around the world to writing a memoir, and, most recently, signing a massive production deal with Netflix, Obama's life after the White House has been full and very lucrative.

These endeavours — along with the six-figure pension all former presidents receive — have significantly contributed to Obama's current estimated net worth of $40 million.

From the time he joined the US Senate in 2005 to the end of his presidency, Obama made $20 million alone from his presidential salary, book royalties, and investments, reports Forbes. And based on all the projects he's taking on in just his first year post-presidency, we can only expect him to make many millions more.

From philanthropic efforts to vacationing where the sun shines to making long-term investments his daughters' education, see how Obama spends his fortune.

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