POTUS

Barack Obama Net Worth 2023: What Is The Former POTUS Worth?

by

As of 2023, Barack Obama, the 44th President of the United States, has an estimated net worth of approximately $70 million, a figure that reflects a remarkable journey from humble beginnings to becoming one of the most influential figures in the world. This estimation, according to Celebrity Net Worth, showcases the multifaceted ways in which Obama has accumulated his wealth.

Before his presidency, Barack Obama’s financial situation was much like that of any average American. His early career as a community organizer, civil rights attorney, and professor did not hint at the financial prosperity that would follow. His political ascent began in the Illinois State Senate, followed by his election to the U.S. Senate in 2004. These roles, while prestigious, were not particularly lucrative, but they set the stage for his historic presidential win in 2008.

Presidential Earnings & Beyond

barack obama
UNSPECIFIED : Barack Obama as student at Harvard university, c. 1992 (Photo by Apic/Getty Images)

As President, Obama earned a salary of $400,000 yearly, a standard stipend for U.S. Presidents. However, the presidency often leads to numerous financial opportunities post-office, and Obama was no exception. His post-presidential life has been marked by lucrative book deals, high-profile speaking engagements, and other ventures that have significantly boosted his net worth.

A significant portion of Obama’s wealth comes from his successful books. His memoirs, The Audacity of Hope and Dreams from My Father, were bestsellers, earning him millions in royalties. His post-presidential memoir, A Promised Land, secured him a reported $65 million advance alongside his wife, Michelle Obama, for their respective books, a deal made with Penguin Random House.

High-Profile Speaking Engagements

barack obama
U.S. President Barack Obama stands on stage with rapper Jay-Z and musician Bruce Springsteen at an election campaign rally in Columbus, Ohio (Photo by Brooks Kraft LLC/Corbis via Getty Images)

Another source of income for the former president is his speaking engagements. Commanding hefty fees, Obama speaks on various topics, ranging from leadership to climate change, at events worldwide. These engagements are a testament to his enduring popularity and influence, even after his presidency.

Obama’s foray into media production has also been a lucrative venture. His production company, Higher Ground Productions, signed a deal with Netflix to produce documentaries, feature films, and series. This deal adds to his net worth and allows him to continue influencing public discourse.

Philanthropy & Social Impact

barack obama
WASHINGTON, DC – JANUARY 21: U.S. President Barack Obama and first lady Michelle Obama dance together during the Comander-in-Chief’s Inaugural Ball at the Walter Washington Convention Center January 21, 2013 in Washington, DC. Obama was sworn-in for his second term of office earlier in the day. (Photo by Chip Somodevilla/Getty Images)

Despite his wealth, Obama remains committed to philanthropic efforts. He and Michelle Obama have been involved in various charitable activities, including establishing the Obama Foundation. This foundation works towards global leadership and civic engagement, reflecting Obama’s ongoing commitment to social change.

Barack Obama’s journey from a young community organizer to a former President with a net worth of $70 million is a story of ambition, talent, and hard work. His financial success is a combination of his presidential salary, lucrative book deals, speaking engagements, and media ventures. As he continues to shape his post-presidential career, Barack Obama remains a prominent figure in global politics and culture, with his net worth being a testament to his wide-ranging influence and enduring legacy.

The post Barack Obama Net Worth 2023: What Is The Former POTUS Worth? appeared first on HotNewHipHop.

50 Cent Begs Joe Biden To “Get The F**k Up” As POTUS Reportedly Hits The Beach Amid Israel-Gaza Conflict

by

In the entertainment industry, 50 Cent’s hard work and dedication to his craft have solidified his spot at the top. Outside of the recording studio and Power set, though, the rapper’s problems remain in the hands of politicians, just like the rest of us. As of late, things are particularly tumultuous across the globe as conflict wages on between Israel and Gaza. Earlier this month, US President Joe Biden faced backlash for standing alongside the Israeli government and publicly denying their involvement in a hospital bombing. Now, the seasoned politician is being put on blast by Fif for allegedly hitting the beach amid all of this chaos.

While browsing through headlines on Daily Mail, the “I Get Money” hitmaker came across a report about Biden visiting his Rehoboth Beach, Delaware residence rather than assuring citizens of their safety from the White House. “👀 Hey Joe, get the f**k up,” Curtis Jackson wrote when reposting the story on Instagram this weekend. “We in trouble man!” the multi-talent then reminded the president.

Read More: Joe Biden Should Drop Out Of 2024 Presidential Race, Bill Maher Believes

50 Cent Has a Message for President Joe Biden

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

 

A post shared by HOLLYWOOD UNLOCKED (@hollywoodunlocked)

As Hollywood Unlocked notes, the Pennsylvania native announced a plan to give $100 million in humanitarian aid to Gaza and West Bank as Palestinians continue to fight for their safety and freedom. “We will have mechanisms in place so this aid reaches those in need – not Hamas or terrorist groups,” Biden assured worried Americans in a tweet.

The world feels like it’s moving at a pace far more rapid than usual lately, but through it all, Jackson continues to troll his fellow celebrities. Keefe D and Diddy have both been feeling the heat from the New Yorker lately in relation to Tupac’s death investigation. Of course, 50 Cent has also been poking fun at Jada Pinkett Smith amid her memoir press tour, which has brought about plenty of interesting confessions about her personal life. Read more about that at the link below, and check back later for more hip-hop/pop culture news updates.

Read More: 50 Cent Trolls Jada Pinkett Smith Over 2Pac Comments

[Via]

The post 50 Cent Begs Joe Biden To “Get The F**k Up” As POTUS Reportedly Hits The Beach Amid Israel-Gaza Conflict appeared first on HotNewHipHop.

Donald Trump Arrest Coming Next Week, Former POTUS Claims While Encouraging Protests

by

Most of his efforts have been put towards his third presidential run recently. However, Donald Trump took some time on Saturday (March 18) morning to let Truth Social users know that he foresees an orange jumpsuit in his future. As the Manhattan District Attorney continues to investigate the politician, they’re reportedly nearing an indictment. This news has him expecting an arrest next week. In a message this morning, the former POTUS did his part to bash those coming after him before encouraging readers to “protest” should his vision come true.

“NOW ILLEGAL LEAKS FROM A CORRUPT & HIGHLY POLITICAL MANHATTAN DISTRICT ATTORNEYS OFFICE, WHICH HAS ALLOWED NEW RECORDS TO BE SET IN VIOLENT CRIME & WHOSE LEADER IS FUNDED BY GEORGE SOROS, INDICATE THAT, WITH NO CRIME BEING ABLE TO BE PROVEN, & BASED ON AN OLD AND FULLY DEBUNKED (BY NUMEROUS OTHER PROSECUTORS!) FAIRYTALE, THE FAR & AWAY LEADING LEADING REPUBLICAN CANDIDATE & FORMER PRESIDENT OF THE UNITED STATES OF AMERICA, WILL BE ARRESTED ON TUESDAY OF NEXT WEEK,” Trump wrote in what may be the longest run-on sentence ever.

Donald Trump Prepares for Possible Arrest

“PROTEST, TAKE OUR NATION BACK!” his message ended, encouraging his supporters to stand up and defend his honour. As CNN reports, John Miller revealed recently that city, state, and federal law enforcement agencies in New York City have been markedly holding regular meetings to prepare for Trump’s possible indictment. The investigation into The Apprentice alum has been going on for years. It specifically looks into whether he passed hush money along to adult film star Stormy Daniels.

It’s worth noting that, though the New York native has an extensive history of being in court for civil matters. This could be his first criminal charge. It may potentially heavily alter the public’s perception of him ahead of the 2024 election. The embattled star previously announced his candidacy last year. Trump’s post didn’t explicitly explain why he believes he’ll be arrested. Still, sources close to the matter say he believes an indictment “would help him politically.”

A spokesperson for the 76-year-old confirmed that he hasn’t received official notice from the Manhattan DA. His message today was simply “rightfully highlighting his innocence.” Do you think that Donald Trump will be taken into custody next week? Sound off in the comments, and check back later for any updates on the ongoing investigation.

[Via]

Donald Trump Compared To John Gotti, Prosecutor Claims Former POTUS Nearly Faced RICO Charges

by

Donald Trump has been busy preparing for his third presidential run. At the same time, former Manhattan prosecutor Mark Pomerantz is gearing up to spill plenty of tea about the New York native in his new book. The forthcoming project – People vs. Donald Trump – will specifically focus on the 76-year-old’s alleged corrupt practices in business.

Both the New York Times and The Daily Beast are publishing excerpts. In them, the author reflects on his tumultuous time investigating Trump. Pomerantz’s colleagues allegedly dug into all of his businesses. Among them were his real estate empire, for-profit university, and the family’s charitable foundation. Based upon his findings, the legal expert could think of only one other person to compare The Apprentice alum to.

An FBI mug shot of mafia Don John Gotti, released on December 11, 1990 in New York City, New York. (Photo by Donaldson Collection/Michael Ochs Archives/Getty Images)

“In my career as a lawyer, I had encountered only one other person who touched all of these bases: John Gotti, the head of the Gambino organized crime family,” the book’s preview reads. Due to Trump’s incessant history of lying, the DA’s office would’ve had to “show, and stress, that [the former POTUS] was not legally insane.” Employees spoke about whether or not the businessman can decipher between “bullshit and reality” anymore.

“Was Donald Trump suffering from some sort of mental condition that made it impossible for him to distinguish between fact and fiction?” Pomerantz says he asked his colleagues. The writer explains that the Florida-based politician “demanded absolute loyalty and would go after anyone who crossed him.”

Additionally, the Truth Social founder feels as though his book’s subject was “always one step ahead of the law.” The mention of Gotti was apparently met with outrage from Trump’s lawyers. Attorney Joe Tacopina is threatening legal action on his client’s behalf if the book goes public.

Former US President Donald Trump speaks at the Mar-a-Lago Club in Palm Beach, Florida, on November 15, 2022. – (Photo by ALON SKUY / AFP) (Photo by ALON SKUY/AFP via Getty Images)

“Injecting the name John Gotti into this seems like just another desperate attempt by Pomerantz to sell books,” he previously told the Times. As Daily Mail notes, the upcoming release will focus on Trump’s allegations. However, the primary story is about the author’s journey to build a case against the then-president. It was ultimately never pursued during his time in the DA’s office.

Ultimately, Pomerantz resigned from his position in protest last year. At the time, Manhattan’s current DA, Alvin Bragg, opted out of seeking an indictment against the reality star. Prior to that, the prosecutor was seeking racketeering charges for Trump. This was because pursuing money laundering came with clear risks. Unfortunately for him, his coworkers became “unenthusiastic” about the project – just one of the reasons it wasn’t complete.

It seems as though legal troubles are coming at Trump from every angle these days. Reports recently began circulating that the embattled politician has had a grand jury probe launched regarding his previous affair with Stormy Daniels. Ahead of the 2016 election, he allegedly paid the adult actress to keep quiet about their time spent together.

If things go in the Manhattan District Attorney’s favour, it’s possible that the father of five could face criminal charges. Aside from that, he’s also still being investigated regarding the Mar-a-Lago classified document scandal. Read more about those situations here, and here, respectively, and check back later for more news updates.

[Via] [Via] [Via]

Joe Rogan Says Joe Biden Classified Document Scandal Is A Plot To Get Rid Of POTUS

by

After condemning Donald Trump for the classified documents found at his Mar-a-Lago residence last year, President Joe Biden has found himself in the midst of a similar scandal. Over the weekend, the politician’s lawyers and legal aides found top-secret papers in his Delaware home and DC think tank.

In response to the backlash, the Pennsylvania native told reporters, “People know I take classified documents and classified material seriously. I also said we’re cooperating fully and completely with the Justice Department’s review.”

As Daily Mail reports, Biden’s team believes he’ll be totally clear of any criminality in the matter. Still, the scandal remains a hot topic of discussion in the news cycle – specifically on The Joe Rogan Experience. In his latest episode, the controversial host` speculates that the whole thing could’ve been an inside job.

“If I had to guess – they’re trying to get rid of him,” the Fear Factor alum tells co-hosts and comedians Matt McCusker and Shane Gillis. In response, the former says, “It’s crazy. [Biden is] getting jammed up on like manila folders when he was like kissing 12-year-old girls on camera,” referencing the 80-year-old’s questionable past behaviour.

Rogan keeps the conversation to the issue at hand, saying again, “I don’t know jack shit about politics. But if I had to guess – they’re trying to get rid of him.”

US President Joe Biden waits to meet Prince William, Prince of Wales at the John F. Kennedy Presidential Library and Museum on December 02, 2022 in Boston, Massachusetts. (Photo by Samir Hussein – Pool/WireImage)

“If all of a sudden they’re – his own aides are sending these – instead of like taking these classified documents, which you have located and go, ‘Well, let’s not do that again’ and f*cking locking them up somewhere,” the host went on.

The trio then joked about the 2020 election scandal regarding “Russian disinformation” and Hunter Biden’s laptop. “I mean everyone said this a million times with like the news. If that was flip-flopped, if it was, you know, Trump’s kid, that would’ve been all over,’” McCusker pointed out.

“It would’ve been like, this is the fate of our democracy…blah, blah, blah,” the guest added. In conclusion, Rogan agreed, “And the media would’ve gone right along with it.”

Listen to the full episode below, and check back later for more pop culture news updates.

[Via]

White House: “Biden is Committed to Protecting Women’s Rights” Signs Executive Order

by
president buden white house womens rights

The White House is pressing Congress to codify, or lock-in, abortion rights in the U.S. White House Press Secretary Karine Jean-Pierre says the POTUS will do everything he can on abortion with the legal authority he has.

President Biden says he will continue looking for paths on abortion. Although some Republicans are plotting a national ban on abortion after the Supreme Court overturned Roe v. Wade. Roe was the landmark high court ruling that led to the legalization of abortion in 1973.

“This Court has made it clear it will not protect the rights of women.

I will. That’s why today I’m signing an Executive Order to protect access to reproductive health care.” -President Biden

READ MORE: President Biden Signs Bipartisan Gun Control Into Law

The comment comes as the President signed an executive order on Friday aimed at preserving access to reproductive healthcare across the U.S.

Share your comments with us on social media.

The post White House: “Biden is Committed to Protecting Women’s Rights” Signs Executive Order appeared first on The Source.