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Barack Obama, the 44th president of the United States, holds a special place in history as the first African-American president of the country. Read on to discover 53 interesting facts about Barack Obama, both political and personal.
- Barack Obama, the 44th president of the United States, holds a special place in history as the first African-American president of the country. Read on to discover 53 interesting facts about Barack Obama, both political and personal. Barack Hussein Obama Jr. Was born on August 4, 1961, in Honolulu, Hawaii.
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Childhood
1. Barack Hussein Obama Jr. was born on August 4, 1961, in Honolulu, Hawaii. He is the first American president to be born outside the 48 contiguous states. His name, Barack, means “one who is blessed” in Swahili. Barry was his childhood nickname.
2. His parents, Stanley Ann Dunham and Barack Obama Sr. divorced when the Obama was two. His father returned to Kenya.
3. Obama only saw his father once again, when he came to Hawaii in 1971. He was killed in a car accident in 1982.
4. Ann remarried Lolo Soetoro and moved to Jakarta, Indonesia in the late 1960s where Obama learned to eat snake and dog meat plus roasted grasshopper and kept a pet ape named Tata.
5. Barack Obama returned to Hawaii to live with his mother’s parents in 1971 and attend school. For his skill in basketball, he was known as “O’Bomber” in the elite private Punahou School where he first began to understand the tensions inherent in a mixed racial background.
Education
6. After graduating from high school with honors, Obama attended Occidental College in Los Angeles in 1979. In 1981 he made his first public speech, urging the college to support the abolishment of apartheid in South Africa.
7. After two years, he transferred to New York’s Columbia University, majored in political science and graduated with a Bachelor of Arts degree in 1983. He worked for five years before attending law school.
8. In 1988 he attended Harvard Law School, receiving his law degree magna cum laude in 1991.
9. While at Harvard Law, he was the first ever African-American president of the Harvard Law Review.
Work and Career
10. During his work break, Obama worked a two-year stint in corporate market research at the New York Public Interest Research Group (NYPIRG).
11. He then moved to Chicago and worked as a community organizer for the Developing Communities Project, with the Roseland community and a public housing development on Chicago’s South Side.
12. After graduation from Harvard Law in 1991, Obama taught constitutional law from 1992 to 2004 at the University of Chicago Law School.
13. While teaching he directed Illinois’ Project Vote in 1992, a voter registration campaign.
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14. In 1993 Obama worked as the director of the Developing Communities Project, working with job training programs and tenant rights organizations.
15. He joined a Chicago law firm in 1993 that specialized in civil rights litigation. He was an associate for three years (1993-1996) and an attorney for eight years until 2004.
16. Asked to write a book on race relations, he published his autobiography in 1995. “Dreams from My Father: A Story of Race and Inheritance” deals with his high school days in Hawaii.
17. Other books written by Barack Obama include “The Audacity of Hope”; “Of Thee I Sing: A Letter to My Daughter”; and “Change We Can Believe In”.
18. He received two Grammies for Best Spoken Word Album of the Year. In 2006 he won for his reading of “Dreams from My Father”; in 2008 for the audio version of “The Audacity of Hope”.
Also read: Interesting facts about Nelson Mandela
Family Life
19. Obama’s mother died in Honolulu in 1995.
20. Obama was 27 when he met his future wife, Michelle LaVaughn Robinson. Another Harvard Law graduate, she was assigned as his mentor when he became a summer associate at the same corporate law firm she worked for. They married on October 3, 1992.
21. The Obamas have two daughters, Malia Ann and Natasha (Sasha). The girls were ten and seven when their father became President. Michelle’s mother Marian Shields Robinson lived with them and helped care for the girls while their parents were busy in their leadership roles.
22. Obama promised his wife he would give up smoking before moving to Washington. He wasn’t able to then but did quit in 2010.
23. The girls were promised a puppy if their father won the presidential election, so a Portuguese Water Dog named Bo joined the family. They own another one named Sunny.
Political Life
24. Obama was elected to the Illinois State Senate in 1996 representing the South Side neighborhoods of Chicago. He served there until 2005.
25. In the state Senate, Obama sponsored a bill to require the police to videotape interrogations in capital crime cases, the first state to do so.
26. After a previous unsuccessful run for the U.S. Senate, Obama ran again and won with 70 percent of the vote in 2004. His opponent was Alan Keyes. The race marked the first time in history a Senate race took place between two African American candidates.
27. He was invited to give the Keynote address at the Democratic National Convention in 2004 and gained national recognition. When he was sworn in as U.S. Senator in January 2005, he was only the third African American to hold that office since Reconstruction days.
28. In the Senate, he sponsored legislation on nuclear weapons threat reduction and established the Federal spending website USAspending.gov.
29. In 2006 he traveled to Kenya where thousands gathered to welcome and meet him. A school in his father’s hometown was renamed after him.
30. In February of 2007, he announces his candidacy for president. In June of 2008, he announces he won’t accept federal matching funds for his presidential campaign.
31. In August 2008 he chooses Senator Joseph Biden (D-DE) as his vice presidential running mate then is officially nominated on the Democratic party ticket, becoming the first African American in U.S. history to lead a major political party.
32. On November 4, 2008, Barack Obama is elected president of the United States, the first African American to ever hold the office. Obama’s maternal grandmother died of cancer on November 3, one day before her grandson was elected.
33. Time Magazine named him “Person of the Year” for 2008. He won this title again in 2012.
Presidency
34. On January 20, 2009, Obama was sworn in as the 44th president of the United States. He was 47 years old, the fifth youngest person to become president. His inauguration was the largest attendance ever seen for any event in Washington, D.C. with nearly 2 million people attending.
35. Barack Obama received the Nobel Peace Prize in October 2009 for his “extraordinary efforts” at foreign policy and international diplomacy.
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Barack and Michelle Obama had no more than $1.3 million in net worth when Barack entered the White House as the 44th President of the United States. However, it is interesting to note that rather reliable sources now estimate them to be worth around $40 million, which is a remarkable increase over the course of around a decade’s time.
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In short, Obama was born in Hawaii to a white mother and a black father, who met one another when they shared a class on the Russian language at the University of Hawaii at Manoa. Later on, he lived for a while in Indonesia because his mother married an Indonesian graduate student, which is why Obama was able to speak fluent Indonesian when he was still a child. Eventually, Obama went to live with his maternal grandparents in Honolulu for the sake of high school while his mother spent most of her time in Indonesia because of her fieldwork as an anthropologist.
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Net Worth | $40 Million |
---|---|
Name | Barack Hussein Obama II |
Age | 58 |
Born | Honolulu, Hawaii |
Birth Date | August 4, 1961 |
Source of Wealth | American Attorney and Politician |
Country | United States |
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How Did Barack Obama Reach His Current Net Worth?
After graduating from high school, Obama studied at Occidental College and then Columbia University before going on to study law at Harvard Law School. In time, he went on to teach constitutional law, participated in community organizing, got elected to the Illinois Senate, and then got elected to the U.S. Senate. By 2008, Obama was able to win out over Hilary Clinton in the Democratic Party presidential nominations before going on to beat John McCain in the U.S. presidential election, thus making history for a number of reasons.
Regardless, it is estimated that the Obamas earned a combined total of $20.5 million from 2005 to 2016. Some of this sum came from both of the Obamas’ salaries. However, the rest is believed to have come from book royalties, which saw a natural surge because of Obama’s status as the U.S. president, as well as the proceeds from the Obamas’ investments. Still, the fact that the Obamas are now believed to be worth $40 million should make it very clear that they have been very busy in the time since Obama’s last term came to a conclusion.
For example, both of the Obamas have signed book deals in recent times, which are believed to be worth at least $60 million. This is particularly notable because revenues from books have proven to be Obama’s single biggest source of revenue so far, meaning that these book deals promise to send he and his wife’s net worth soaring even higher. Besides this, it is important to note that the Obamas have signed a production deal with Netflix as well. Exact financial figures have not been released for the production deal, but if other production deals are any indication, it could be measured in the tens of millions. On top of this, it should come as no surprise to learn that Obama is in high-demand for speaking at a wide range of events, so much so that some sources believe that he might have earned as much as $400,000 in public speaking fees since his departure from the office of the President of the United States.
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Summed up, the source of the Obamas’ current net worth isn’t exactly mysterious. Some of it has come from their salaries and some of it has come from what they have earned on their investments. However, much of it has come from Obama’s book deals, which have proven to be very lucrative. Something that is wholly unsurprising considering the interest in the perspective of U.S. presidents. On top of this, the Obamas’ recent deals make it very clear that their net worth is going to continue rising for the foreseeable future.
Final Thoughts
Currently, the Obamas are believed to have a net worth of $40 million. However, there are estimates that they will be able to make as much as $242 million over the course of their entire lifetime following the presidency. Due to this, while their net worth is $40 million for the time being, it seems safe to say that won’t remain true for a particularly long period of time. Something that is particularly likely because they seem to have been thinking long-term when it comes to their finances, which doesn’t exactly suggest that they are the kind of people prone to reckless spending.