Obamas’ Net Worth as Much as $6.9 Million, U.S. Filing Says
The Obamas’ wealth, if at the top end of the range, is almost enough to place them in the top 1 percent of U.S. households.
US President Barack Obama and First Lady Michelle Obama arrive for the 'In Performance at the White House' series on the South Lawn of the White House in Washington, DC on November 6, 2014.
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President Barack Obama and his wife, Michelle, own assets worth $1.9 million to $6.9 million, according to financial disclosures released Friday.
The Obamas, employing a cautious investment strategy while in the White House, hold much of their wealth -- at least $1.25 million -- in Treasury notes and bills. They also have retirement savings in Vanguard index funds, plus checking accounts at JPMorgan Chase & Co. and Northern Trust Corp.