How Much Money Does
The President Make?
Well, for the leader of the free world $550,000 a year does not seem like much especially considering the kind of responsibility that he bears. But yes, it is true; President Barack Obama earns a base salary of $400,000 but when his allowances (which include annual expenses, travel and entertainment) are included the he earns a gross salary of $550,000 per year.
Consequently, Obama is worth $12.2 million which is not that bad. Moreover, he may actually hit the real jack-pot once he is out of office; he can then write some more books, make speeches (and get very well remunerated while at it) and sit on the boards of various corporations and all these activities could be highly lucrative.
It also worth noting that for his service to the American people, President Obama is actually entitled to two seven-figure pensions: one for his time on the Illinois Senate and the other for his work in the Oval Office. Clearly, although some would expect the man to be competing with the who’s who of the business world, the American President is actually not impoverished in fact if the figures are anything to go by then if he plays his cards well he may be on his way to financial bliss.
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Forbes (The ultimate site for billionaire rankings)
CelebrityNetWorth (The ultimate site for net worth of celebrities)
TheRichest (Great site for things about money and rich people)
Wikipedia (Greatest site on earth for lots of information)