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A leading-edge research firm focused on digital transformation. Good Subscriber Account active since Shortcuts. Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log out. US Markets Loading H M S In the news. Hillary Hoffower. Aside from the six-figure pension he receives as a former president, Obama has made millions from speaking engagements and his best-selling books.
His latest memoir, "A Promised Land," was published in November and sold nearly , copies within 24 hours of its release. He created 14 million jobs from the depths of the recession in December to the end of his term. Donald Trump's term is from to He donates this to a different federal department each quarter.
Trump's policies follow economic nationalism. Trump's immigration policies focus on blocking illegal immigration. A crucial part of Trump's plan is to build a wall along the 2,mile U.
He also announced the U. Trump signed the Tax Cuts and Jobs Act to cut income and corporate taxes. It also repeals the Affordable Care Act's tax penalties for those who don't get insurance. As a result, Trump has weakened Obamacare even without repealing and replacing it. He added 6. By October , the net job increase was 4. United States House of Representatives. Accessed Oct. White House Historical Association.
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Since leaving the White House, Barack Obama has continued to very well for himself financially. Aside from the success of his memoir, Obama and his wife, former first lady Michelle Obama, also signed a lucrative Netflix deal in How did Obama grow his fortune? Check out the best accounts to help you save money and reach your financial goals! Every day, get fresh ideas on how to save and make money and achieve your financial goals.
Obama is now one of four living former presidents, and he has returned to his community activist roots, working on issues that were important to him during his presidency, such as gun control, immigration, nuclear nonproliferation, race relations and criminal justice reform.
Through various organizations, social media, speaking engagements and his production company, Obama continues to raise awareness of these issues and pursue social change.
According to the Former Presidents Act, Obama will receive the salary of a cabinet secretary for the rest of his life. Among the other perks are health insurance and round-the-clock Secret Service protection until his death.
The cost of Secret Service protection is not made public, but Obama will also receive funds for an office, staff and related expenses, which George W. Obama is gearing up to increase his sphere of influence — and potentially his net worth — as a producer. He and his wife signed a deal to produce series and films for Netflix in Netflix did not disclose the financial details; The New York Times, however, reported that similar deals have been valued at tens of millions over several years.
Many presidents establish foundations and enjoy lucrative second careers as in-demand speakers and authors, and the Obamas are as popular as ever. The former president gave a speech in September at a healthcare conference run by the trading and investment firm Cantor Fitzgerald, according to The New York Times.
Obama is the first former president in nearly years to remain in Washington, D. Donald Trump was the first billionaire president and remains the only billionaire to have held office today. As always, the majority of his fortune resides in his New York City real estate portfolio, but his winery, golf courses and global branding and licensing operation all chip in, as well. Click through to see just how rich his prime real estate and other business ventures have made Trump. Post-presidential life has been lucrative for Barack Obama.
Click through to see just how rich all of these deals have made Obama. Like Trump, George W. Bush was already wealthy when he took office. He continued to add to his wealth after his presidency was over through book deals and speaking fees. Click through to see how much Bush is worth now. Bill Clinton left the White House poorer than when he went into it.
However, he was able to turn things around with income from speeches and book deals. Click through to find out how much Clinton is worth today. Unlike many other former presidents, Jimmy Carter eschewed the big-money speeches and corporate board invitations after leaving the White House, choosing instead to return to his simple life in Plains, Georgia, The Washington Post reported. The No.
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