The Obamas Just Signed A MASSIVE Book Deal & Are About To Become Rich AF

Fun fact: the President of the United States doesn’t really make that much money. The annual salary for our Commander in Chief is $400,000 – which is a lot, sure, but considering the job, it’s not that much.

The really big bucks only come in for the POTUS after he/(future she) leaves office. And it’s starting to look like Obama may rake in more dough than any other former prez in history. 

The biggest recent news is Barack and Michelle’s book deal. Both of them intend to pen memoirs about their time in the White House, and the bidding war has already become massive – the rights to both books has reached at least $60 million. 

For context, Bill Clinton’s post-Presidency book earned him $15 million, and George W.’s pulled in $10. Clearly the Obamas are big business.

And while all those numbers seem massive, it’s not even expected to be their main source of income. Barry and Michelle stand to make much more by doing public speaking engagements.

The Clintons have turned this gig into a printing press. In the 15 years after Bill left office, the couple brought in over $200,000 per speech. That’s right—they could buy a quality 2-bedroom home every time they spoke to a room full of people.

Now, given the Obama’s skyrocketing popularity and using the monumental book deal as a benchmark, it’s expected that their appearance fees could be even larger than the Clinton’s. Some estimates put the Obama’s potential earnings at $200 million.

Which means Malia and Sasha better get some awesome Christmas presents this year.