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Barack Obama: Difference between revisions
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In 2005, the Obama family applied the proceeds of a book deal and moved from a [[Hyde Park, Chicago]] condominium to a $1.6{{spaces}}million house (equivalent to ${{Inflation|US|1.6|2005|r=1}}{{spaces}}million in {{Inflation-year|US}}) in neighboring [[Kenwood, Chicago]].<ref>{{cite news |first=Jeff |last=Zeleny |title=The first time around: Sen. Obama's freshman year |date=December 24, 2005 |url=https://www.chicagotribune.com/news/local/chi-051224obama,0,1779783,full.story |work=Chicago Tribune |access-date=April 28, 2008 |archive-url=https://web.archive.org/web/20110513214525/http://www.chicagotribune.com/news/local/chi-051224obama%2C0%2C1779783%2Cfull.story |archive-date=May 13, 2011 |url-status=dead }}</ref> The purchase of an adjacent lot—and sale of part of it to Obama by the wife of developer, campaign donor and friend [[Tony Rezko]]—attracted media attention because of Rezko's subsequent indictment and conviction on political corruption charges that were unrelated to Obama.<ref name="corruption charges" /> | In 2005, the Obama family applied the proceeds of a book deal and moved from a [[Hyde Park, Chicago]] condominium to a $1.6{{spaces}}million house (equivalent to ${{Inflation|US|1.6|2005|r=1}}{{spaces}}million in {{Inflation-year|US}}) in neighboring [[Kenwood, Chicago]].<ref>{{cite news |first=Jeff |last=Zeleny |title=The first time around: Sen. Obama's freshman year |date=December 24, 2005 |url=https://www.chicagotribune.com/news/local/chi-051224obama,0,1779783,full.story |work=Chicago Tribune |access-date=April 28, 2008 |archive-url=https://web.archive.org/web/20110513214525/http://www.chicagotribune.com/news/local/chi-051224obama%2C0%2C1779783%2Cfull.story |archive-date=May 13, 2011 |url-status=dead }}</ref> The purchase of an adjacent lot—and sale of part of it to Obama by the wife of developer, campaign donor and friend [[Tony Rezko]]—attracted media attention because of Rezko's subsequent indictment and conviction on political corruption charges that were unrelated to Obama.<ref name="corruption charges" /> | ||
In December 2007, ''[[Money (magazine)|Money Magazine]]'' estimated Obama's net worth at $1.3{{spaces}}million (equivalent to ${{Inflation|US|1.3|2007|r=1}}{{spaces}}million in {{Inflation-year|US}}).<ref>{{cite news |title = Obama's Money |date = December 7, 2007 |url = https://money.cnn.com/galleries/2007/moneymag/0712/gallery.candidates.moneymag/5.html |publisher = [[CNNMoney]] |access-date = April 28, 2008 |first = Marlys |last = Harris |archive-url = https://web.archive.org/web/20080424113420/https://money.cnn.com/galleries/2007/moneymag/0712/gallery.candidates.moneymag/5.html |archive-date = April 24, 2008 |url-status = live }}{{break}}See also:{{cite news |first = Zachary A |last = Goldfarb |title = Measuring Wealth of the '08 Candidates |date = March 24, 2007 |url = https://www.washingtonpost.com/wp-dyn/content/article/2007/03/24/AR2007032400305.html |newspaper = The Washington Post |access-date = April 28, 2008 |archive-date = December 12, 2018 |archive-url = https://web.archive.org/web/20181212171951/https://money.cnn.com/galleries/2007/moneymag/0712/gallery.candidates.moneymag/5.html |url-status = live }}</ref> Their 2009 tax return showed a household income of $5.5{{spaces}}million—up from about $4.2{{spaces}}million in 2007 and $1.6{{spaces}}million in 2005—mostly from sales of his books.<ref>{{cite news |first = Jeff |last = Zeleny |title = Book Sales Lifted Obamas' Income in 2007 to a Total of $4.2 Million |url=https://www.nytimes.com/2008/04/17/us/politics/17obama.html |date = April 17, 2008 |work = The New York Times |access-date = April 28, 2008 |archive-url=https://web.archive.org/web/20090416015848/http://www.nytimes.com/2008/04/17/us/politics/17obama.html|archive-date=April 16, 2009 |url-status=live }}</ref><ref>{{cite news |url = https://www.washingtonpost.com/wp-dyn/content/article/2010/04/15/AR2010041504485.html |title = Obamas report $5.5 million in income on 2009 tax return |newspaper = The Washington Post |date = April 16, 2010 |access-date = December 22, 2010 |first1 = Michael D. |last1 = Shear |first2 = David S. |last2 = Hilzenrath |archive-date = January 26, 2011 |archive-url = https://web.archive.org/web/20110126061654/http://www.washingtonpost.com/wp-dyn/content/article/2010/04/15/AR2010041504485.html |url-status = live }}</ref> On his 2010 income of $1.7{{spaces}}million, he gave 14 percent to non-profit organizations, including $131,000 to [[Fisher House Foundation]], a charity assisting wounded veterans' families, allowing them to reside near where the veteran is receiving medical treatments.<ref>{{cite news |url=https://www.pbs.org/newshour/businessdesk/2011/04/how-much-did-president-obama-m.html |date = April 18, 2011 |title = How Much Did President Obama Make in 2010? |work = [[PBS NewsHour]] |first = Paul |last = Solman |archive-url=https://web.archive.org/web/20110502113725/http://www.pbs.org/newshour/businessdesk/2011/04/how-much-did-president-obama-m.html |archive-date = May 2, 2011 |access-date = January 27, 2012 }}</ref><ref>{{cite news |url=https://www.pbs.org/newshour/rundown/2011/04/the-obamas-gave-131000-to-the-fisher-house-foundation-last-year-what-is-it.html |date = April 27, 2011 |title = The Obamas Gave $131,000 to Fisher House Foundation in 2010; What Is It? |work = [[PBS NewsHour]] |first = Paul |last = Solman |archive-url=https://web.archive.org/web/20140129072652/http://www.pbs.org/newshour/rundown/2011/04/the-obamas-gave-131000-to-the-fisher-house-foundation-last-year-what-is-it.html |archive-date = January 29, 2014 |access-date = January 27, 2012 }}</ref> Per his 2012 financial disclosure, Obama may be worth as much as $10{{spaces}}million.<ref name="networth12">{{cite news |url = http://content.usatoday.com/communities/theoval/post/2012/05/obama-worth-as-much-as-10-million/1 |title = Obama worth as much as $10 million |last = Wolf |first = Richard |date = May 16, 2012 |work = | In December 2007, ''[[Money (magazine)|Money Magazine]]'' estimated Obama's net worth at $1.3{{spaces}}million (equivalent to ${{Inflation|US|1.3|2007|r=1}}{{spaces}}million in {{Inflation-year|US}}).<ref>{{cite news |title = Obama's Money |date = December 7, 2007 |url = https://money.cnn.com/galleries/2007/moneymag/0712/gallery.candidates.moneymag/5.html |publisher = [[CNNMoney]] |access-date = April 28, 2008 |first = Marlys |last = Harris |archive-url = https://web.archive.org/web/20080424113420/https://money.cnn.com/galleries/2007/moneymag/0712/gallery.candidates.moneymag/5.html |archive-date = April 24, 2008 |url-status = live }}{{break}}See also:{{cite news |first = Zachary A |last = Goldfarb |title = Measuring Wealth of the '08 Candidates |date = March 24, 2007 |url = https://www.washingtonpost.com/wp-dyn/content/article/2007/03/24/AR2007032400305.html |newspaper = The Washington Post |access-date = April 28, 2008 |archive-date = December 12, 2018 |archive-url = https://web.archive.org/web/20181212171951/https://money.cnn.com/galleries/2007/moneymag/0712/gallery.candidates.moneymag/5.html |url-status = live }}</ref> Their 2009 tax return showed a household income of $5.5{{spaces}}million—up from about $4.2{{spaces}}million in 2007 and $1.6{{spaces}}million in 2005—mostly from sales of his books.<ref>{{cite news |first = Jeff |last = Zeleny |title = Book Sales Lifted Obamas' Income in 2007 to a Total of $4.2 Million |url=https://www.nytimes.com/2008/04/17/us/politics/17obama.html |date = April 17, 2008 |work = The New York Times |access-date = April 28, 2008 |archive-url=https://web.archive.org/web/20090416015848/http://www.nytimes.com/2008/04/17/us/politics/17obama.html|archive-date=April 16, 2009 |url-status=live }}</ref><ref>{{cite news |url = https://www.washingtonpost.com/wp-dyn/content/article/2010/04/15/AR2010041504485.html |title = Obamas report $5.5 million in income on 2009 tax return |newspaper = The Washington Post |date = April 16, 2010 |access-date = December 22, 2010 |first1 = Michael D. |last1 = Shear |first2 = David S. |last2 = Hilzenrath |archive-date = January 26, 2011 |archive-url = https://web.archive.org/web/20110126061654/http://www.washingtonpost.com/wp-dyn/content/article/2010/04/15/AR2010041504485.html |url-status = live }}</ref> On his 2010 income of $1.7{{spaces}}million, he gave 14 percent to non-profit organizations, including $131,000 to [[Fisher House Foundation]], a charity assisting wounded veterans' families, allowing them to reside near where the veteran is receiving medical treatments.<ref>{{cite news |url=https://www.pbs.org/newshour/businessdesk/2011/04/how-much-did-president-obama-m.html |date = April 18, 2011 |title = How Much Did President Obama Make in 2010? |work = [[PBS NewsHour]] |first = Paul |last = Solman |archive-url=https://web.archive.org/web/20110502113725/http://www.pbs.org/newshour/businessdesk/2011/04/how-much-did-president-obama-m.html |archive-date = May 2, 2011 |access-date = January 27, 2012 }}</ref><ref>{{cite news |url=https://www.pbs.org/newshour/rundown/2011/04/the-obamas-gave-131000-to-the-fisher-house-foundation-last-year-what-is-it.html |date = April 27, 2011 |title = The Obamas Gave $131,000 to Fisher House Foundation in 2010; What Is It? |work = [[PBS NewsHour]] |first = Paul |last = Solman |archive-url=https://web.archive.org/web/20140129072652/http://www.pbs.org/newshour/rundown/2011/04/the-obamas-gave-131000-to-the-fisher-house-foundation-last-year-what-is-it.html |archive-date = January 29, 2014 |access-date = January 27, 2012 }}</ref> Per his 2012 financial disclosure, Obama may be worth as much as $10{{spaces}}million.<ref name="networth12">{{cite news |url = http://content.usatoday.com/communities/theoval/post/2012/05/obama-worth-as-much-as-10-million/1 |title = Obama worth as much as $10 million |last = Wolf |first = Richard |date = May 16, 2012 |work = USA Today |access-date = June 16, 2012 |archive-date = May 16, 2012 |archive-url = https://web.archive.org/web/20120516010755/http://content.usatoday.com/communities/theoval/post/2012/05/obama-worth-as-much-as-10-million/1 |url-status = live }}</ref> | ||
===Religious views=== | ===Religious views=== | ||