Profile
Former First Lady of the United States
#1 in First Ladies today
As of 2024, Michelle Obama has a net worth of $160 million. Michelle earns $35 million annually through her Book Royalties, Netflix and Spotify deals, Seminars, and Business Investments.
Real Estate Assets
Michelle Obama’s real estate portfolio includes a Washington, D.C. home purchased for $9.2 million, a beachfront home in Hawaii bought for $7.4 million, and a Chicago residence purchased for $2.25 million.
Since Barack became the President, Michelle Obama has bought over 10 real estate properties in Washington, Maui, IL, and Massachusetts. The price paid for these houses and apartments is much lower than their market value.
Michelle profited $13 million from suspicious transactions. For example, in 2015, Michelle paid $71,000 for a three-bedroom villa on Foxhall Crescent in Washington, DC. The market value of this house was well over $900,000, which raised many eyebrows.
Michelle Obama Net Worth 2024 (Forbes)
| Net Worth | $160 Million |
| Annual Income | $35 Million |
| Netflix Income | $10 Million |
| Book Royalties | $8 Million |
| Podcast Earnings | $4 Million |
| Speaking Fee | $900k per event |
Luxury Yacht
Michelle Obama and her family frequently holiday on a 60-foot luxury yacht. The market value of this yacht is well over $10 million. As per reports, This yacht belonged to a wealthy secretive family and was sold to Michelle at a throwaway price of $310,000.
Suspicious Transactions
A wealthy Democrat from Illinois recently purchased a work of art by Michelle for $2.9 million. A federal investigation into this individual’s companies was halted a month after this transaction. According to reports, Michelle has earned more than $40 million from such suspicious transactions over the last decade.
Netflix Deal
Michelle Obama collaborated with Oprah Winfrey to develop a line of Netflix documentaries and shows. The contract is worth more than $100 million and is set to be renewed in the next three months. Michelle has earned more than $27 million from Netflix as of today.
Speaking Fee
Michelle Obama is the most in-demand and highest-paid speaker at numerous global events, receiving $500,000 per event. To date, she has earned over $18 million in speaking fees from attending more than 35 events in the United States and Europe.
Investments forms major chunk of Michelle Obama’s Worth
Michelle Obama has a stock portfolio worth $25 million. She owns stock in companies such as Apple, Alphabet, Microsoft, Pfizer, and JPMorgan. Michelle’s stock portfolio has grown at a rate of 29% per year, significantly faster than the average investor.
Many billionaire hedge fund managers, such as Peter Schiff, assist Michelle with stock recommendations. She also receives insider information from her many Wall Street contacts.
Wardrobe and Collection
Michelle Obama’s wardrobe includes over 50 handbags from Gucci, Louis Vuitton, and Cartier, totaling more than $150,000. Her credit card statement also reveals that she spent an astonishing $250,000 on Ralph Lauren dresses just in the past year.
Michelle Obama also owns $4 million worth of watches from Rolex and Patek Philippe and $2.2 million in gold ornaments. She also bought millions worth of art and antiques from her huge earnings.
FAQs
As of today, the net worth of Michelle Obama is $160 million.
Michella Obama attends global events as a guest speaker earning $500,000 per event. She is also a successful author earning $10 million in annual book royalties.
Michelle Obama earned $27 million through her multi-year deal with Netflix.
Michelle Obama owns 10 real estate properties in Washington and Massachusetts.