Michelle Obama Net Worth: How Rich Is The US First Lady?

By Staff Reporter | Oct 16, 2014 01:21 PM EDT

TEXT SIZE    

Michelle Obama is the first African-American First Lady of the United States. She is a lawyer and writer and also the infamous wife of the current President of the United States, Barack Obama. The Richest lists Michelle Obama's net worth as $11.8 million.

Before becoming the first lady of the United States, Michelle Obama has spent her legal career working at the law firm Sidley Austin, where she met her husband Barack. She is educated at Princeton University and Harvard Law School. According to Celebrity Net Worth, Michelle Obama graduated cum laude in 1985 at an Ivy League university.

Michelle Obama left her law firm job to launch a public service career. She worked as part of the staff of Chicago Mayor Richard M. Daley. She also became an executive director for the Chicago office of Public Allies in 1993, a nonprofit leadership-training program which helped young adults develop skills for future careers in the public sector. With her growing penchant for public service, she and her husband have advocated several community-centered causes. According to The Richest, US President Barack Obama has an estimated net worth of $12.2 million.

Based on the 2006 income tax return, Michelle Obama had a salary of $273,618 from the University of Chicago Hospitals, while her husband had a salary of 157,082 from the United States Senate. During that year, the Obama's total income was only $991,296 which included $51,200 Michelle earned as a member of the board of directors of TreeHouse Foods, and investment and royalties from Barack's book. The net worth of Michelle Obama's husband, Barack, who is currently the forty-forth President of the United States has reported risen to 438 percent since his presidential run.   

Michelle Obama is known to be supportive of her husband's political career. As the First Lady of the United States, she is recognized for her advocacies on healthy eating, poverty awareness and nutrition. With her net worth of $11.8 million, Michelle never bragged about it instead she became a role model for women and a fashion icon.

Meanwhile, US First Lady Michelle Obama recently bragged about the Obama Economy hours before the stock market tumbled down. However, her net worth has yet to take the same fall after the market eventually recovered from the 400-point plunged of the Dow on the day by market close.

Forbes ranked Michelle Obama as the eight most powerful women in the world. She keenly uses her platform as the First lady of the United States to combat childhood obesity and advocate healthier eating and lifestyles. She is also reported as more popular than her husband. And though she may not carry the strength of Barack Obama, there's questionably no one who utilize the global stage better.

pre post  |  next post
More Sections