Obama did everything to protect his daughters’ privacy the moment he become our President. Do you know anything about this week article that revealed Malia’s net worth? This article made our President angry! Well, Malia is just 18.
As MRC Blog reports, Obama worries about people who may approach Malia to get her money. But, we’d like to get your focus on another issue. Weren’t the Obamas an average Amrican family that worked hard to get here? Guess not… These numbers are saying the opposite.
Malia and her sister Natasha (commonly known as “Sasha”) have $200,000 and $450,000 in 529 college plans. The sisters both attended the Sidwell Friends School in Washington, D.C. after their father became president. The first presidential daughter has just graduated this summer and plans on taking a gap year before studying at Harvard University, her parents’ alma mater.
Malia Obama’s net worth is difficult to pin down. The eldest presidential daughter, however, has been working in the film and TV industry as young as 16 years old. When actress Lena Dunham visited the White House, Malia mentioned she was a fan of her show. Subsequently, Malia became an intern at the show Girls. Before that, she worked with the crew behind Halle Berry’s Extant.
Her father’s wealth is easier to trace. As the United States president, Barack Obama earns $400,000 a year. Celebrity Net Worths say Obama is worth $12.2 million, but the outgoing president’s exact net worth is difficult to estimate since he receives, not just his salary, but also book royalties, investments, and monetary awards and prizes.
In 2009, his books got him $5.7 million, and his upcoming memoir is predicted to earn $20 million, according to Heavy. In the same report, Obama’s pension earnings are reported to be around $1.5 million every year. Obama’s books, Dreams From My Father, The Audacity of Hope, and Of Thee I Sing: A Letter to My Daughters earned him around $35,000 to $115,000 in royalties.