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What was Obama's net worth before the presidency?

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When Barack Obama joined the U.S. Senate in 2005, he was a 43-year old former law professor making $85,000 a year. In the 12 years since then, he won the White House, reworked the nation's laws, ended two wars—and earned $20 million. read more

Claim: Barack Obama’s net worth increased over $10 million from 2008 to 2012. read more

The Obamas, who had earned less than $300,000 every year from 2000 to 2004, made an average of $2.4 million annually over the next four years, even before Barack got elected president. In the early stage of his Senate career, Michelle continued to work as the vice president for community and external affairs at the University of Chicago Hospitals. read more

He served one term in the US Senate before runningfor president and winning in 2008. Barack Obama before becoming president served in the US senate forless than 2 years and in the Illinois legislature. In bothpositions he was the most liberal person in the legislative body. read more

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