According to financial disclosure reports, President Obama has an estimated net worth of $7 million dollars.
Since he was worth $1.3 million in 2007, that makes the millionaire 438% more wealthy than when he first ran for office.
As reported by the International Business Times:
President Barack Obama and first lady Michelle Obama listed assets worth between $2 million and $7 million for 2013, of which $1 million to $5 million were in Treasury notes, according to financial disclosure forms released Thursday.
Let me be clear, there is nothing wrong with being a millionaire. The United States is home to the most millionaires because of the kind of opportunity it offers to hard-working entrepreneurs.
POLL: Should Barack Obama resign the Presidency?
While the average US citizen has a median income of roughly $51,000, Obama rakes in the cash with an annual presidential salary of $400,000. In addition, he receives money from book royalties and other investments.
Hypocrisy isn’t a stranger to the liberal elite. Michael Moore’s fifty milliondollar fortune came from creating documentaries that makes free enterprise look like the same as corporatism.
The activist left said Mitt Romney was too rich to be president, but had no problem supporting John “I’m Wealthier Than Romney” Kerry when he ran for the same post in 2004.
Under President Obama, income inequality has increased dramatically. Asreported here earlier, of the last three presidents, “the income gap didn’t change overall during the Bush years, increased second most during Clinton’s time, and has increased the most with only 5 years under Obama’s belt.”
Read at: http://www.ijreview.com/2014/05/138996-obama-1er-438-increase-wealth-since-taking-office/
Comments
Hiliary and Bill took some when leaving the WH, should Oblama and Moochelle be any different?
Any White House furniture missing ?
That's the money reported. I'm sure these two parasites have stolen A LOT of our money and accepted bribes from many.
iF THE IRS WANTED TO DO some JUSTICE THEY WOULD LOOK INTO THE INCREDIBLE iNCOMES INCREASES OF DEMOCRATS - (YES THE RICH PARTY) : Harry Reid, Dianne Feinstein, Barbara Boxer, Nancy Pantsuit PEElosi & ALL their husbands mind you, Chuck u Schumer (NY), omg so many...WE NEED TERM LIMTIS PEOPLE : this MUST be an ISSUE for 2014 & 2016... SO KEEP IT INMIND!!! Rand Paul, Mike Lee, Ted Cruz, Rick Santorum are pushing for that,Dr. BEN CARSON, whom we all LOVE is pushing for term Limits, too. Man: I really wish Dr. Michael savage would run ...even Sarah Palin... She is no damn quitter. She had to protect her family with all the fake lawsuits that cost her millions. She did ALASKA GOOD. SHE FOUGHT THE BIG OIL COMPANIES. Do you see the EPA doing HALF as much good that she has??? SCREW spokeskid comedian Jay "Art" Carney & these damn commie Obama administrative LIARS LIARS !! LIARS !! IT IS A DAMN LIE: if their mouth is open, a lie is being told. SPREAD THE WEBSITES I MENTION AROUND & THE WORD ! GET OUt & join your 9/12 & TEA PARTY GROUPS & SPEAK THE truth!! pEOPLE ARE pissed off!!! ALL RACES !! WE WANT JOBS !!! PEOPLE ARE DESPARATE: just like Obummer wants. The 30K criminals are let out to create havoc so Obummer can call Marshall Law & then give them jobs as "civilian militia" & rsdistribute more tax money. .. and get more Dem votes. F--K Nobummer. I curse this bastard & ask for God to Smite the co-dependent bastard down... & to leave America the hell alone: leave the VETS alone, leave the businesses alone, Abolish the EPA, abolish the FED, abolish the Antional Education system America is ready for a REAL LEADER & a REAL FACELIFT & the Dems & RINO's jackasses like Jeb, Christie & these wimps can go to hell.
Also- get addicted: to Aaron Klein's WND.com & HIS radio talk show on Sundays on NYC, NY 970am radio on Sundays 7-9pm.. wow what an education! how abt mark Levin 6-9pm on NYC's 77am radion talk show. NOW U KNOW Y & THAT U MUST OPPOSE THE FAIRNESS DOCTRINE FROM THE JACKASSES AT THE FCC, & those like Cass Sunstein & that pc of steak Mignon Clyburn (yes, the jerk Senator's apparachik Lib Progresssive anti-American robotoid daughter)... LONG LIVE TALK RADIO - get EDUCATED !!!! Michael Savage: "BORDERS, LANGUAGE, CULTURE!!!..., Aaron Klein incl his reort from Waleed SHOEBAT(ex-PLO now CHRISTIAN & AMERICAN) & his exposure of Obama & his realtives incl Grandma Sarah in Kogelo with her US IRS non-profit fund... in funding the Muslim Brotherhood along with people in our own damn Congress (read Klein's book RED ARMY) who are affiliated INTIMATELY w/these Sharia a-holes of the Muslim Brotherhood. So STOP the favoritism w/these criminals& haters.& killers. Ellison, Greene, half brother Malik Obama, Uncle Shaeed Obama, Grandma Sarah Obama, friend & ex-staffer of Hillary Clintong; Huma Abedin & HERf ather, brother &mothah... u-know-what..LIARS & TRAItors ..... liars & traitors.... liahs & traitors jack wagonS!!! who gassed you mothahs!!!! ur ol' obummer & YOUR LEMMING DEMOCRAT PARTY WHO WOULD NOT GIVE UP slavery !!!! wHO'S SO SMART NOW??
Mark Smithy, SR Williams: yes it was Moochelle's college cohort who got the contract, got the moolah millions & f--ked up... probably on purpose in order to push for a Single Payer. The report on Michael Savage's radio talk show (now on WABC 77am here in NYC, New York from 3-5pm) if you can get the archives through Conservative Talk Radio or his website. It's disgusting that this fat pig Moochelle worked in a fake job at a hospital as an administrator as if she was qualified. It is sickening that Insurance is so screwed up. I must go in for Hip Surgery next month & it is great hospital but I wonder what percentage they are being paid for all their talent. I want affordable AFFORDABLE health care & excuse me but it IS possible. One thing is to STOP OFFERING the "RIGHT" to healthcare for illegals: really assholes??? Is THAT in the US Constitution? GOD SMITE BARACK OBUMMER DOWN & all the STUPID assinine rhetoric that all these LibA-holes are offereing up at college graduations. It's Stalinesque & Commie-Bullcrap all the way. We need to supoprt more 17 year old Congressinoal types & truly #Bring Back Our COUNTRY from the "CUNTS" that are ruining it, ummm, like jackwagon Hillary & Moochelle, say?.. and b4 u say anything: I am a female. And I do NOT use it as a damn weapon.
Trying to catch Soros
Lowlife thief
And how much has the Average employed American lost in income during the same period of time? And how many have lost their jobs? Obama redistributed wealth, obviously to his own accounts!
So much for equality, and redistrubatation of wealth, i guess that is just for us peasents!!!!!!
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