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Tuesday 22 May 2012
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2012 Net Worth for President Barack Obama







Average Net Worth: $5,415,507*

Minimum Net Worth: $1,566,014
Maximum Net Worth: $7,764,999

Average 2011 Income: $1,592,055**

Min. Gross Income: $658,610
Max. Gross Income: $2,525,500

Name: Barack Obama
Last Filing: May 8th, 2012

Title: President
Salary: $400,000

Party: Democrat

Term Start: January 20th, 2009
Term End: January 20th, 2013


Assets

U.S. Treasury Notes$1,000,001 - $5,000,000
U.S. Treasury Bills$500,001 - $1,000,000
JP Morgan Chase Private Client Asset Mgmt Checking Account$500,001 - $1,000,000
Vanguard 500 Index Fund (Retirement)$100,001 - $250,000
U.S Treasury Bills - SEP/IRA$100,001 - $250,000
State of Illinois General Assembly Defined Benefit Pension Plan$50,001 - $100,000
Vanguard 500 Index Fund (Retirement)$50,001 - $100,000
Vanguard 500 Index Fund (Retirement)$50,001 - $100,000
PIMCO Total Return 529 Portfolio$50,001 - $100,000
Calvert Equity Portfolio 529 Portfolio$50,001 - $100,000
PIMCO Total Return 529 Portfolio$50,001 - $100,000
Calvert Equity Portfolio 529 Portfolio$50,001 - $100,000
Northern Trust Checking Account$15,001 - $50,000
JP Morgan Chase Checking Account$1,001 - $15,000



Income

Random House, NY, NY - Book Royalties$100,001 - $1,000,000
Dystel & Goderich, NY, NY - Book Royalties from Crown Publishing$100,001 - $1,000,000
Random House, NY, NY - Book Royalties - Audacity of Hope$50,001 - $100,000
U.S. Treasury Notes$5,001 - $15,000
Vanguard 500 Index Fund (Retirement)$1,001 - $2,500
Vanguard 500 Index Fund (Retirement)$1,001 - $2,500
Vanguard 500 Index Fund (Retirement)$1,001 - $2,500
U.S. Treasury Bills$201 - $1,000
U.S Treasury Bills - SEP/IRA$201 - $1,000
Duke University Press, Durham, NC$201 - $1,000



Liabilities

Northern Trust, Chicago, ILMortgage on Residence, Illinois$500,001 - $1,000,000



Agreements

General Assembly Defined Benefit Pension PlanState of Illinois, Springfield, IL01/97





Notes:

-the current First Lady receives $10,000 from the Henry G. Freeman Jr. Pin Money Fund every year. This is given to any First Lady each year, regardless of political affiliation

-all after-tax proceeds from "Of Thee I Sing", including the advance, will be donated to the Fisher House Foundation for a scholarship fund for children of fallen and disabled soldiers

-Obama will receive a pension of nearly $200k per year (based on current levels) when he leaves the White House. He will also receive money for expenses including rental payments, staff salaries and travel expenses


Source: NY Times


*Average Net Worth = (Max Net Worth + Min Net Worth) / 2

**Average Income = (Max Net Worth + Min Net Worth) / 2
Includes Salary, Doesn't Include Deductions

Note: Assets and Income are given in ranges, which is why there is a minimum and maximum net worth and income figure.





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