Unlike President Trump, who earned his money before taking office, the Obamas have benefited handsomely from their time in the White House.
How did they make their money? President Obama only earned the standard $400,000 salary when he was in office, but after leaving, he and his wife Michelle acquired a joint book deal worth $65 million, high-priced speaking engagements and a deal with Netflix. Now they are rolling in dough.
As a capitalist, I am all in favor of people making as much money as they want and spending it how they please. However, this lavish new abode is quite a statement in hypocrisy from the former president, who spent his presidency demonizing everyone else's success.
What was their stands about Success? From telling small-business owners they “didn’t build that” to the 2018 speech in which he said, "There’s only so much you can eat. There’s only so big a house you can have. There’s only so many nice trips you can take. I mean, it’s enough," the former president has spent his life spreading messages that disparage success.
As Foxnew Reporter who reported this says - As many of my Twitter followers have pointed out, he must not believe in the climate change his Democratic peers are pushing. If he did, he would believe his $15 million investment on the small island will be underwater — quite literally — in just over a decade.