How Barack Obama Made His Fortune

×

Barack Obama

Two weeks ago, we looked at how Rep. Paul Ryan, the Republican nominee for Vice president, made all of his money. The answer? Natural resources, land rights, and stocks, all invested in mutual funds and limited partnerships.

We got a lot of requests to do the same thing to Barack Obama, and for him the answer is much easier.

First of all, Obama has released copies of his tax returns, so we're able to produce hard numbers when it comes to what he makes.

Second, his investment strategies are much more coherent than Ryan's. Obama made his fortune from a few sources, and has it invested and stored in a few surprising -- but also easy to track -- ways.

We got the information from personal finance disclosures and released tax returns hosted by the Center for Responsive Politics.

So, here's a timeline of how Barack Obama went from middle class to a multimillionaire.



Increase your money and finance knowledge from home

Managing your Portfolio

Keeping your portfolio and financial life fit!

View Course »

Economics 101

Intro to economics. But fun.

View Course »

Add a Comment

*0 / 3000 Character Maximum

2925 Comments

Filter by:
jeanlmatha

You write biased reports

September 23 2012 at 1:01 PM Report abuse rate up rate down Reply
jerins1327

he learned from rev jackson
another multimillionare who never had a real job

September 22 2012 at 2:07 PM Report abuse rate up rate down Reply
kathy&isaiah's

i need help with my fin. what do i do i get disability of 900.00 a month,have myself and son,by the time i pay rent,buy 87.00 worth of gro.and pay a light bill i am broke .no med. no gas no nothing can you help me

September 22 2012 at 10:17 AM Report abuse rate up rate down Reply
PEGGY SUE

why

September 21 2012 at 10:04 PM Report abuse rate up rate down Reply
Dale

Where did O'Bama get his money to go to Harvard and Columbia Universities. That is of interest to me.

September 21 2012 at 12:06 PM Report abuse rate up rate down Reply
1 reply to Dale's comment
fbrendle

Loans, which have just been paid off within the past 10 years.

September 22 2012 at 1:59 PM Report abuse rate up rate down Reply
General Wrath

He scammed the US citizens and NEVER held a real job, end of story. We made him rich for being the worst president ever! Feel good about your selves?

September 21 2012 at 3:56 AM Report abuse +2 rate up rate down Reply
General Wrath

He scammed the US citizens and NEVER held a real job, end of story. We made him rich for being a useless POS, worst president ever! Feel good about your selves?

September 21 2012 at 3:55 AM Report abuse rate up rate down Reply
mzambo

@H2OSKI There is a lot of poverty under the republican cities and states. Come to Oklahoma and you will see...

September 19 2012 at 5:05 PM Report abuse rate up rate down Reply
maximumasssex

JUST ANOTHER ***** RUNNING FOR OFFICE

September 17 2012 at 9:15 PM Report abuse rate up rate down Reply
Keith

Hello:)

September 17 2012 at 8:05 PM Report abuse rate up rate down Reply