Obamas Are Becoming Zillionaires

Michelle Obama has been cashing in on her fame with a new book entitled Becoming. What the Obamas are becoming is zillionaires:

In addition to a $65 million book advance and an estimated $50 million deal with Netflix, both of which she shares with husband Barack Obama, the former first lady is poised to rake in millions from appearances on her 10-city US tour and sales of merchandise connected to her autobiography.

And like her husband, Michelle Obama is currently in demand as a speaker for corporations and nonprofits, commanding $225,000 per appearance, The Post has learned.

Forbes estimated the couple made $20.5 million in salaries and book royalties between 2005 — when Barack Obama became a US senator and they first arrived in Washington — and 2016. They are now worth more than $135 million.

The $20.5 million does not include outlandish speaking fees.

Barack Obama currently rakes in $400,000 per speech, and earned at least $1.2 million for three talks to Wall Street firms in 2017. The fees come on top of his $207,800 annual presidential pension, which he began receiving as soon as he left office.

Those who got rich building railroads like Cornelius Vanderbilt, producing steel like Andrew Carnegie, or providing people with affordable energy and automobiles like John D. Rockefeller and Henry Ford are denounced as greedy robber barons. But no one calls the Obamas greedy, because they got rich through moonbattery and have never produced anything of value.

On a tip from Becky in Washington. Hat tip: MOTUS A.D..

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