He keeps the rest of his money in his Barbados accounts.
Sure, he only has a grand in his US savings account...
But $hundreds of millions waiting in foreign government accounts for when he hits the speaking circuit post-POTUS.
See, see you meanie-old FReepers! Obama is one of us!
They haven’t heard back from the Swiss accounts yet.
Poor baby. He earns only a half million a year, and has to live from hand to mouth.
I assume he keeps most of his money in brokerage accounts and other income-generating accounts/investments. why keep substantial money in a savings account?
he must have paid back the government for his personal vacation expense.....
Bank savings account .. that pays almost zero in interest? Not surprising. I keep very little in my bank savings account. He probably keeps most of his money somewhere where it can earn dividends or capital gains.
There’s a post further down estimating his wealth in the millions.
He will be fine. I am not sure that it is our business anyway.
J.P.Morgan Private Client? That’s the latest scheme to separate money from affluent customers. Mucho flattery, and mucho fees.
I dont know what to think about Obamas wealth since the following thread appeared earlier.
FR: Obamas worth millions, disclosure forms reveal
So that headline is just a grabber. He's got plenty of bucks.
Obviously, the man is keep’n him down. Maybe he should apply for food stamps?
Oh, please.
The man will be pushing multiple hundreds of millions by the time he leaves office. Payoffs work that way.
He is taking notes on the Clintons.
Bet the Obama Foundation starts on Jan 21, 2017
He probably has a few gold bars stashed away somewhere.
The rest is in his campaign fund accounts.
============================================
LIBRARY BRIBERY---CLINTON SOLICITED FOREIGN GOVERNMENTS
WHO SUBSIDIZED HIS FOUNDATION/LIBRARY IN ARKANSAS
The Library bills itself as "linking the significance of
a 20th century American presidency with the ongoing
and far-reaching work of The Clinton Global Foundation."
==================================================
No mention of Clinton being impeached and disbarred for lying.
====================================================
REALITY CHECK Despite its grandiose self-promotion, The William J. Clinton Presidential Center and Park---- is just another "Clinton Cash" snake pit.....subsidized by taxpayers,....and some shady foreign characters.
As Hollywood hotshots protested the Beverly Hills Hotel over its ownership by Brunei's sultan and his embrace of Sharia law, it turns out the Brunei government has financial connections to the Clintons.
The Clinton presidential library lists Brunei along with Kuwait, Oman and Qatar (new home of the Gitmo Five) as donors that gave between $1 million and $5 million through last year.
The Clinton foundation itself confirmed the 2002 Brunei donation: "The Clinton Foundation's impact would not be possible without the generous support of our donors," the foundation's website reads. "Their contributions have made a difference in the lives of tens of millions across the world." Read more at foxnews.com ...
==================================================
Hillary later told Greta that Qatar was "not a threat to the US." Hillary never mentioned Qatar subsidizing the Clinton Library/Foundation....leading some to believe the donation was a payoff....Hillary bribed to defend Qatar....,blatantly ignoring America's ntl security interests.
============================
DEREK HUNTER ASKED ON TOWNHALL.COM Why do the worlds wealthiest people and foreign govts feel compelled to give the Clinton Foundation hundreds of millions of dollars to do "charity"...... which the do-good Clintons constantly brag about.....that are in reality innocuous activities that thousands of charities already do......
These "Foundations" have become little more than political extortion.....shakedowns....prolly money laundering, tax evasion havens, as well.
Taxpayers demand laws prohibiting public official and ex-presidents from forming foundations that are little more than personal ATM's. Opportunistic pols use con artist-type "shakedowns" to personally profit by selling access and favorable public policy "for a price."