Barack Obama Net Worth, Lifestyle, Wiki Biography (2020 UPDATE)

Barack Obama is an American politician who served as a 44^th President of United States of America. Obama is the first African American to have elected as president. He previously served in the U.S.Senate representing Illinois from 2005 to 2008 in the Illinois State Senate from 1997 to 2004. The full name of Barack Obama is Barack Hussein Obama II. He was a successful civil rights attorney before he ventured into politics.

Barack Obama Biography

Below tabular form shows the details of Barack Obama like Barack Obama Biography, DOB, Height, Weight, Nationality, Marital Status, Awards, Net Worth and Profession etc.

Early Life & Education

Barack Obama was born on August 4, 1961 in Honolulu, Hawaii. He is the first president who has been born in Hawaii, making him the first President who was born outside of the contiguous 48 states. Obama at the age of six to ten attended local Indonesian-language schools for 2 years and Sekolah Dasar Negeri Menteng 01 (besuki Public School) for one and a half years. In 1971 he returned to Honolulu to live with his maternal grandparents and he attended Punahou School. In 1979 he completed his graduation and moved to Los Angeles to attend Occidental College. In February 1981, Obama made his first public speech.

Later in 1981, he transferred as a junior to Columbia University in New York City, where he majored in political science with a specialty in international relations and in English literature and lived off-campus on West 109^th Street. In 1983 he graduated with a BA degree and worked for about a year at the Business International Corporation, where he was a financial researcher and writer, then as a project coordinator for the New York Public Interest Research Group on the City College of New York campus for three months in 1985.

Family Bio

Barack Obama was born to Barack Obama Sr. and Ann Dunham. He was born to a white mother and a black father. Obama’s mother was a white American, of mostly English ancestry while his father was a black Kenyan. His parents separated when Obama was just an infant. His mother was a student when she gave birth to Obama. In August 1961, Obama’s mother moved with him to the University of Washington in Seattle for a year. At that time his father completed his undergraduate degree in Economics and then left to attend graduate school on a scholarship at Harvard University and he earned an M.A. in Economics.

Personal Life

In June 1989, Obama met Michelle Robinson at the Chicago Law firm of Sidley Austin. He assigned for 3 months as Obama’s adviser at the firm, Robinson joined him at several group social functions. They both became engaged in 1991 and were married on October 3, 1992. They gave birth to their first daughter Malia Ann, was born on July 4, 1988, and gave birth to 2^nd daughter Natasha on June 10, 2001.

Career

He took up a part-time teaching position at the University of Chicago Law School in 1992 as a lecturer, eventually becoming a Senior Lecturer in 1996. He joined the firm of Miner, Barnhill & Galland to practice as a civil rights lawyer. He served as an associate for three years from 1993 to 1996, then as counsel from 1996 to 2004. He ventured into politics and successfully ran as a Democrat for a seat in the Illinois State Senate in 1996. He sponsored a law that increased tax credits for low-income workers, negotiated welfare reform, and promoted increased subsidies for childcare. He was reelected in 1998 and then again in 2002.

He decided to run for the U.S. Senate in 2004 and won in an unexpected landslide in the primary election in March. He delivered the keynote address at the 2004 Democratic National Convention following which he became very popular. He was sworn in as a senator on January 3, 2005 As the Senator, he cosponsored the Secure America and Orderly Immigration Act and introduced the Federal Funding Accountability and Transparency Act of 2006. He also sponsored the Iran Sanctions Enabling Act and an amendment to the Defense Authorization Act to add safeguards for personality-disorder military discharges.

An ambitious man and a successful political figure in the U.S., Barack Obama decided to run for the presidency and announced his candidacy for President of United States, in 2007. He was chosen as Democratic Party’s presidential candidate He defeated Republican presidential nominee John McCain in the United States presidential election on November 4, 2008. Obama received 365 electoral votes as compared to 173 electoral votes received by McCain. His running mate, Delaware Senator Joe Biden, became vice president.

Barack Obama was sworn in as the president on January 20, 2009. He assumed the position at a time when the American economy was in a chaos, in the midst of a severe global recession. He set to work immediately and started implementing financial reforms to bring down the national debt while also focusing on the education and health care system in the country. His top most priority was to stabilize the American economy which had taken a beating during the global recession.

In order to help the economy recover from the recession, he signed the American Recovery and Reinvestment Act of 2009, a $787 billion economic stimulus package that included increased federal spending for health care, infrastructure, education, various tax breaks and incentives. He stressed on the importance of innovation economics to make the United States more competitive globally in his 2011 State of the Union Address. The same year, he signed the Budget Control Act in an effort to control government spending and prevent the government from defaulting on its financial obligations.

Obama became the president at a politically turbulent time and handled a number of military and security issues during his presidency. He authorized a raid on what was believed to be the location of Osama bin Laden, the founder of al-Qaeda, in Pakistan. The operation, conducted by United States Navy SEALs on 1 May 2011 resulted in the death of bin Laden and the seizure of papers, computer drives and disks from the compound where he was hiding.

In his first term as the president, he supported same-sex marriages and fought for a woman’s right to make her own health decisions. He also made college education more affordable for millions of students. All these moves, along with the pivotal role he played in helping the American economy recover from the recession and in controlling terrorism made him an extremely respected and popular president. Barack Obama faced Republican opponent Mitt Romney in the 2012 presidential election. He won the election and was sworn in for a second term on 20 January, 2013. In his second term, he has called for full equality for LGBT Americans and has sought to normalize U.S. relations with Cuba.

Barack Obama’s term came to an end on January 20, 2017, immediately after the inauguration of his successor, Donald Trump, and he left office with a 60% approval rating. Obama currently resides in Washington, D.C.

Books Written

Barack Obama wrote three books. His first book Dreams from My Father in year 1995. He wrote his second book named The Audacity of Hope in 2006 and he wore his 3^rd book in 2010 with the title Of Three I Sing.

Barack Obama Net Worth

The 44^th President of United States and author Barack Obama’s current net worth is $40 million. His net worth his mostly gained from his books and politics.

Obama Social Profile Details

Twitter: https://twitter.com/BarackObama

Facebook: https://www.facebook.com/barackobama/

Instagram: https://www.instagram.com/barackobama/?hl=en

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