Obama Assets Valued between $2.6M and $8.3M

Tuesday, 15 May 2012 05:25 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

The White House says President Barack Obama and first lady Michelle Obama hold assets worth between nearly $2.6 million and nearly $8.3 million.

The White House released financial disclosure documents Tuesday showing the couple's assets for last year. The first family's assets were valued between $1.8 million and nearly $12 million in 2010.

The disclosure form requires public officials to list their assets in broad ranges, for example, between $1 million and $5 million, making it difficult to determine a precise net worth.

The Obamas have a 30-year mortgage on their Chicago home worth between $500,000 and $1 million with an interest rate of 5.625 percent.

Royalties from Obama's books, "Dreams From My Father," ''The Audacity of Hope" and "Of Thee I Sing," totaled between $250,000 and $2.1 million.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

US Says Russia Firing Artillery at Ukraine Military

Thursday, 24 Jul 2014 18:51 PM

The United States said on Thursday that Russia was firing artillery across its border with Ukraine to target Ukrainian m . . .

Arrest Warrant Issued for Mexican Immigrant With Tuberculosis

Thursday, 24 Jul 2014 18:38 PM

Prosecutors in Central California have obtained an arrest warrant for a tuberculosis patient who they say is contagious  . . .

Obama Tells CNBC Companies Cheating America With Inversions

Thursday, 24 Jul 2014 16:08 PM

President Barack Obama focused on fairness in an interview on economics Thursday on CNBC and declined to give a specif . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved