Thanks to revived book sales after he became US president, Barack Obama and his wife, Michelle, made $5.5 million (Rs 24 crore) last year
Thanks to revived book sales after he became US president, Barack Obama and his wife, Michelle, made $5.5 million (Rs 24 crore) last yearThey paid about one-third of it,u00a0$1.8 million (Rs 8 crore) in federal income taxes.
The Obamas gave $329,100 (Rs 1.4 crore) to charities in 2009. The president, who released his tax returns Thursday, also donated his entire $1.4 million (Rs 6.2 crore) Nobel Peace Prize award to 10 charitable groups. He never received the $1.4 million, and it was not included in his 2009 income.
Obama became a millionaire a few years ago through sales of his 1995 memoir Dreams From My Father and his 2006 political book, The Audacity of Hope.