Living large as poor people sleep on streets & planet withers away In their tireless fight against climate change and wealth inequality, Barack and Michelle Obama reportedly are set to purchase a stupendous beachfront mega-mansion in Martha’s Vineyard, presumably as a much-needed summer retreat to supplement the $8.9 million mega-mansion they already own in one of the most exclusive areas of the nation’s capitol. Situated on 29 beachfront acres and listed at $14,850,000, the ultra-luxurious Martha’s Vineyard estate comes equipped with a long and enviable list of high-end amenities demanded by the rich and famous.