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.