They spent years talking down the concept of accumulating wealth, repeatedly demanded the wealthy ‘pay their fair share’, judged harshly politicians who cashed in influence for profit, and spun tales of their own relatively modest upbringings. These days the Obama’s don’t say those things as much. These days they’re far too busy counting their money.
The Obamas are “Becoming” — billionaires.
The launch of Michelle Obama’s cross-country book tour for her new memoir, “Becoming,” last week is just the latest marker on the road to fabulous wealth for the former first couple, who are on their way to becoming a billion-dollar brand.
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.
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.
Months after leaving the White House, the former president agreed to speak at a health care conference organized by financial services company Cantor Fitzgerald. This was in addition to $800,000 that he earned for two speeches to Northern Trust Corp. and the Carlyle Group.
In addition to their multimillion-dollar literary empire, the couple is set to reap the benefits of a creative production deal they signed with Netflix earlier this year.
The $50 million, multi-year deal calls on the Obamas “to produce a diverse mix of content, including the potential for scripted series, unscripted series, docuseries, documentaries and features,” which will be broadcast in 190 countries, according to a statement from the streaming service, which has 125 million subscribers around the globe.
The globalists are richly rewarding the Obamas for their eight years of talking down America, pushing millions onto government aid, traumatizing the healthcare system, weakening the U.S. Military, and dividing America more than it has been since the days of the Civil War.