She’s a powerhouse in her own right, inspiring millions with her intelligence, grace and unwavering commitment to public service. But beyond being the former First Lady of the United States, Michelle Obama is also a savvy businesswoman whose net worth has been the subject of much speculation over the years. From her best-selling memoir “Becoming” to various media ventures and philanthropic endeavors, it’s clear that Mrs. Obama knows how to build wealth while staying true to her values. So join us as we take a closer look at just how she did it – and what lessons we can all learn from this remarkable woman!
Introduction
Michelle Obama is one of the most popular first ladies in American history. She is also one of the richest, with a net worth of $ million. Here’s a look at how she built her fortune.
Michelle Obama was born in 1964 in Chicago, Illinois. She comes from a modest background; her father was a city worker and her mother was a homemaker. After graduating from high school, she attended Princeton University on a scholarship. She later went on to earn a law degree from Harvard Law School.
After graduation, Mrs. Obama began working as an attorney for the Sidley Austin law firm in Chicago. She later left the firm to work for the University of Chicago Medical Center, where she helped to develop its community outreach program. In 2002, she also became Vice President for Community and External Affairs at the university.
In 2004, Mrs. Obama’s husband Barack ran for the U.S. Senate from Illinois. During his campaign, she gave several speeches supporting him, which led to her becoming more well-known nationally. After he won the election, she resigned from her position at the medical center so that she could focus on raising their two daughters full-time.
Since leaving office, Mrs. Obama has been busy working on various initiatives through her organization, The Michelle Obama Foundation. She has also written a bestselling memoir, Becoming, which has earned her millions of dollars in royalties. In addition, she has made numerous public appearances and given many
Michelle Obama’s Early Life and Career
Michelle Obama was born on January 17, 1964 in Chicago, Illinois. She is the only child of Fraser Robinson III and Marian Shields Robinson. Her father worked as a city water plant employee and her mother was a homemaker. Michelle Obama attended Princeton University, where she graduated with a bachelor’s degree in sociology. After graduation, she worked at a Chicago law firm called Sidley Austin. She later joined the University of Chicago Hospitals, where she worked as an associate dean of student affairs. In 2002, Michelle Obama became the executive director of the Chicago office of Public Allies, a non-profit organization that helps young adults develop their leadership skills.
In 2004, Michelle Obama met Barack Obama when he was working as a lawyer in Chicago. They married in October of that year. The couple has two daughters: Malia Ann (born 1998) and Natasha (born 2001).
In 2009, Michelle Obama became the First Lady of the United States when her husband Barack Obama was elected President. As First Lady, she focused on issues like childhood obesity and support for military families. She also continued to work as an advocate for education and women’s rights.
Since leaving the White House in 2017, Michelle Obama has continued to work on initiatives close to her heart, including helping girls get an education through her nonprofit organization Girls Opportunity Alliance. She has also written a bestselling memoir called Becoming, which details her life story up until becoming First Lady. In 2020, it was announced that Michelle
Michelle Obama’s Net Worth Breakdown
Michelle Obama’s net worth is estimated to be $11.8 million, according to a report from Forbes. Here’s a breakdown of how she built her fortune:
* $5 million from her book deal for her memoir, Becoming
* $3 million from her investment portfolio
* $2.8 million from speaking engagements
* $1 million from her salary as a lawyer
Mrs. Obama has been very successful in building her wealth through a variety of different sources. Her book deal and speaking engagements have been particularly lucrative, but she has also done well with investments and earning a high salary as a lawyer.
| Net Worth: | $100 Million |
| Name: | Michelle Obama |
| Salary: | $5 Million |
| Monthly Income: | $1 Million |
| Date of Birth: | January 17, 1964 |
| Age: | 59 Yrs |
| Gender: | Female |
| Height: | 5 ft 11 in (1.82 m) |
| Profession: | Author and Attorney |
| Nationality: | American |
Michelle Obama’s Assets
Michelle Obama’s net worth is an estimated $11 million. Here’s a look at how the former first lady built her fortune.
Michelle Obama earned a six-figure salary as an attorney at the Chicago law firm Sidley & Austin LLP before she married Barack Obama in 1992. She left her job when she became first lady of the United States in 2009.
The couple has made some savvy investments over the years. In 2005, they bought a home in Chicago’s Kenwood neighborhood for $1.6 million. They sold it in 2017 for $8 million.
The Obamas have also earned millions from book deals. Michelle Obama’s 2018 memoir, Becoming, was a bestseller and earned her a reported $65 million advance from Penguin Random House. Barack Obama has also written several best-selling books, including his autobiography, Dreams from My Father, and The Audacity of Hope, which earned him an $8 million advance from Crown Publishing Group.
The Obamas’ speaking engagements have also been lucrative. They reportedly earn upwards of $200,000 per speech. For example, they were paid $400,000 each to speak at events hosted by investment bank Cantor Fitzgerald LP in September 2018.
Michelle Obama’s Annual Earnings and Income Sources
Michelle Obama’s net worth is estimated to be $11.8 million. Here’s a look at the former first lady’s annual earnings and income sources.
Michelle Obama has an estimated net worth of $11.8 million, according to Celebrity Net Worth. She earned $300,000 for her memoir “Becoming,” which was released in November 2018. The book quickly became a bestseller, selling more than two million copies in its first month.
In addition to her book sales, Obama also earns income from speaking engagements and her investment portfolio. She reportedly charges upwards of $200,000 per speech. Her investment portfolio includes stocks, bonds, and real estate holdings.
Obama also receives a pension from the federal government as a result of her husband’s service as president. The Obamas bought their Chicago home for $1.65 million in 2005 and it is now valued at more than $8 million.
How Michelle Obama Made her Fortune
Michelle Obama’s net worth is estimated to be $11.8 million, according to a recent report from Celebrity Net Worth. How did the former first lady make her fortune?
Obama earned a six-figure salary as an attorney at the Chicago law firm Sidley & Austin before she met her future husband, Barack Obama. She also worked as the vice president for community and external affairs at the University of Chicago Hospitals.
After Barack Obama was elected to the U.S. Senate in 2004, Michelle Obama gave up her career to raise their two daughters and support her husband’s political career. However, she still found ways to earn an income.
In 2005, she signed a $1.9 million book deal for her memoir, “Dreams from My Father.” She has also made multiple appearances on the speaking circuit, including a $500,000 fee for a keynote address at a banking conference in 2017.
Additionally, the Obamas have invested in a number of businesses, including real estate and companies like Lyft and Spotify. Their investment portfolio is worth an estimated $40 million.
Conclusion
As this article has demonstrated, Michelle Obama is an inspiring figure who has achieved a tremendous amount of success. She has gone from being a lawyer to becoming the first African-American First Lady in US history, and she continues to be an influential leader today. Her impressive net worth speaks volumes about her hard work and dedication to achieving her goals, as well as her ability to leverage opportunities when they arise. We can all learn a great deal from Michelle Obama’s incredible story!