Claim: Barack Obama’s net worth increased over $10 million from 2008 to 2012.
Example: [Collected via e-mail, October 2012]
Seen on Facebook: Tea party’s photo of President Obama on a golf cart purporting his net worth 12/31/07 and 12/31/11
Origins: This graphic claiming that Barack Obama’s net worth had increased from
It’s fair to say the Obamas’ net worth has increased significantly during the time Barack Obama has been President, but fixing a specific
dollar amount to that increase is difficult: net worth figures for politicians are typically derived from analyzing financial disclosure forms, a method which leaves room for a good deal of interpretation.
Certainly the dollar figures displayed in the above graphic were not just pulled out of thin air: CNN/Money did peg Barack Obama’s net worth at
Other sources vary widely regarding the latter figure, however. In mid-2012 Forbes estimated the Obamas’ net worth to be
The Forbes report noted why the online version of its article included a considerably lower estimation of the Obamas’ net worth than the print version of its article had:
The current issue of Forbes magazine values the Obamas at a shared net worth of nearly
Last updated: 16 October 2012