Politicians
Barack Obama Net Worth
Barack Obama's Net Worth as of 2024
$12.8 Million
Barack Obama salary 2024
$400,000
The 44th and first African-American President of the United States, Barack Obama was born into a mixed-race family on 4 August 1961 in Honolulu, Hawaii, and became known all over the world when he entered The White House in January 2009, and subsequently served two terms before resuming relatively private life on 20 January 2017.
So just how rich is Barack Obama, as of early 2017? Authoritative sources estimate that Obama has a net worth of over $13 million, earned partly during his presidency, when his salary was $400,000 per year, but also from his previous tenure as a US senator for Illinois from 2005 to 2008, and his service in the Illinois state senate from 1997 until 2004. Additionally, as president he also had access to a $100,000 travel account, $20,000 entertainment budget, and $150,000 expense account. Barack Obama was also known as a lawyer, writer and actor before his election to public office, which all contributed to his bank account.
Barack Obama Net Worth $12.8 Million
Barack’s parents divorced when he was 3 years old, and the next year his mother married a man from Indonesia, so Obama spent part of his childhood near the Indonesian capital city of Jakarta. At the age of 10 he arrived back in his homeland, and was raised by his maternal grandparents. Obama subsequently graduated from Columbia University in 1983 with a degree in political science and industrial relations. He later earned his Juris Doctor degree from Harvard Law School in 1993, where he was the president of the Harvard Law Review, between times having worked in various community projects in Chicago.
Obama then worked as an attorney for the civil rights movement in Chicago, until elected to the Illinois Senate in 1997, plus the main component of his net worth at that time Obama earned from writing two books – “Dreams of my Father” in 1995, and “The Audacity of Hope” in 2006, which sold much better after he won election to the US Senate. His political life in Illinois was particularly noted for reforming health care laws, ethics and tax credits for low-income workers, welfare reform, and subsidies for childcare. These interests characterised his period in the US senate too, and continued into his presidency, in the face of a hostile congress.
If we want to answer the question about how rich Barack Obama is, we can take a look at some of his annual income. In 2004 Obama earned 112,000 dollars as the Senator for Illinois and a lecturer at the Chicago Law School. In 2005 it was 1.6 million dollars, largely from book sales. By 2007 his income was 4.2 million dollars, again largely from book sales, and in 2009 he earned 5.5 million dollars from salary and book sales.
In his personal life, Barack and Michelle married in 1992 and have two daughters; their permanent residence is now their Chicago home.
Politicians
Paul Kagame Net Worth
Paul Kagame was born on October 23, 1957 in Tambwe, Ruanda-Urundi (now Nyarutovu, Rwanda). He is a politician, best known as the president of Rwanda since 2000 and president of the ruling party, the Rwanda Patriotic Front (RPF).
Have you ever wondered how rich Paul Kagame is as of early 2024? According to authoritative sources, it has been estimated that Kagame’s net worth is as high as $500 million, earned through his successful career as a politician.
Paul Kagame Net Worth $500 Million
Paul is the youngest of six children born to Deogratias, a Tutsi, who had blood ties with King Mutara III, and Asteria Rutagambwa, a descendant from the family of the last Rwandan queen, Rosalie Gicanda. Rwanda’s ethnicity comprised of three groups: Tutsi, who were the minority rulers of the country, Hutu, who were agriculturalists, and Twa, a forest-dwelling pygmy people and descendants of Rwanda’s earliest inhabitants.
The Hutu and Tutsi were always in conflict, resulting in the 1959 Rwandan Revolution when Hutu activists began killing Tutsi people. Paul and his family escaped the country and sought refuge in neighboring countries, eventually settling in Uganda in the Toro sub-region in 1962. There, Kagame met Fred Rwigyema, with whom he later formed the Rwandan Patriotic Front. He began his education process in a school near a refugee camp, where he also learned English and prepared to integrate into Ugandan culture. At the age of nine, Paul started studying at Rwengoro Primary School, and later attended Ntare School. However, his father’s death set back his education as he became more focused on fighting those who belittled the Rwandan population. This resulted in a suspension from Ntare School, and he finished his education at Old Kampala Secondary School.
After completing his education, Paul made several visits to his native country, searching for his family and exploring the country’s political and social status. He also made new friendships, which eventually proved useful to him.In the late ’70s, Paul rejoined with Fred Rwigyema, with whom he pledged allegiance to Museveni, a member of the transition government of Uganda and, as it turned out, a future president of Uganda. He then traveled to Tanzania, where he trained to become a spy. Later, Paul rejoined Museveni in his National Resistance Army and became a senior officer in the Ugandan army. While Paul was in the USA taking a course at the Command and General Staff College in Fort Leavenworth, Rwigyema invaded Rwanda with 4,000 rebels. Unfortunately, Fred was killed. Paul returned from the USA and assumed the position of the leader of the RPF. Three years later, in 1993, he signed peace treaties in Arusha, which have become known as the Arusha Accords. Paul and his party received positions in a broad-based transitional government, including roles in the army.
The following year, another major incident struck Rwanda when their president, Juvénal Habyarimana, died in a plane crash alongside Burundian president Cyprien Ntaryamira. After Habyarimana’s death, a military committee led by Colonel Théoneste Bagosora took the leading positions in the country and began killing Hutu and Tutsi opposition politicians and prominent Tutsi figures. This resulted in the Rwandan Genocide, but Kagame led his rebels against the military and managed to assume full control of the country the same year. Estimates put the casualties of these conflicts at least 1.5 million. Paul then served as Vice President and Minister of Defense under President Pasteur Bizimungu. He subsequently assumed the position of president in 2000 and has been the ruler of the country since then. His presidential position significantly increased his net worth, while his several business ventures also added to his wealth. In 2003, the first presidential elections were held, and Paul won with 95.1% of the votes. His second tenure lasted until 2010, when the next elections were held. This time, Kagame was supported by 93.08% of the voters. In 2015, he changed the constitution, giving himself a chance to run again for the presidency in the 2017 elections.
Kagame is apparently genuinely popular, especially given the progress in growing the economy over the last decade. Starting from his first term, Rwanda began to develop key elements such as the education and healthcare system. Additionally, the country has made significant efforts to maintain friendly relationships with surrounding countries, including DR Congo, Uganda, Burundi, Kenya, and Tanzania, among other East African countries.
Regarding his personal life, Kagame has been married to Jeannette Nyriamongi since 1989, and the couple has four children together.
Athletes
George Weah Net Worth
George Tawlon Manneh Oppong Ousman Weah was born on 1st October 1966, in Monrovia, Liberia and is now the president of Liberia, and a former star football (soccer) player. He played in the position of striker for 14 years in various clubs in France, Italy and England, and was named the World Player of the Year, European Footballer of the Year and African Footballer of the Year.
How much is the net worth of George Weah? It has been estimated by authoritative sources that the overall size of his wealth is as much as $85 million, as of the data presented in early 2018, accumulated largely from his football career.
George Weah Net Worth $85 million
To begin with, Weah was born in poverty in a district of Monrovia. At the age of 15, he started playing football at Young Survivors’ youth team, before moving to other teams in his country, such as Invincible Eleven and Mighty Barrole, with whom he won some domestic trophies, including the championship and The Liberia Cup. Weah matriculated from the Muslim Congress and then attended Wells Harington High School in Monrovia, abandoning the last year to focus on his football career, but actually matriculated from high school in 2006 after ending his career in football, and then attended Parkwood University in London, obtaining a sports management diploma. In 2011, Weah graduated from the Faculty of Business Administration of the University of Miami, and then obtained a master’s degree in 2013.
Concerning his professional career, Weah’s skills were discovered by Arsene Wenger, and so George moved to Europe in 1988, signing a contract with Monaco. During his stay in Monaco, he won the title of the African Footballer of the Year in 1989, the French Cup with the team in 1991, and helped the team to reach the semi-finals of the UEFA Cup in 1992. Weah was then transferred to Paris Saint-Germain, with whom he won the French Cup in 1993 and 1995, and the League Cup in 1995. In the 1994-1995 season, he also became the UEFA Champions League top scorer. He was once again named the African Footballer of the Year in 1994, before in 1995 signing a contract with leading Italian club AC Milan. Afterwards a period full of achievements followed, both individually and with the club team; 1995, George Weah won the Golden Balloon and was named World Footballer of the Year, becoming the first African footballer to win these trophies. Then, Weah twice reached the Italian Cup finals in 1998. and played in the Italian Super Cup. In the winter of 2000, Weah was lent to Chelsea until the end of the season, and with whom Weah won the FA Cup.
Internationally, for Liberia Weah played 60 games over 20 years, scoring 22 goals, but being a minnow in football, the country only managed to qualify for the African Cup of Nations twice, but never progressing past the group stage.
George ended his playing career in 2003.
Regarding his political career, Weah formed the political party Congress for Democratic Change in 2004, and in 2005 Weah ran for the presidency of Liberia, although at that stage poor formal education and lack of political experience were considered the main reasons why he was inappropriate to lead the country, in contrast to the main counter-candidate, Ellen Johnson Sirleaf, educated at Harvard University with administrative experience both in the Liberian government and in the World Bank and the United Nations. Weah continued to be involved in politics as the leader of the CDC, leading the party in the campaign for the 2009 legislative elections. In 2012, he unsuccessfully ran for the post of vice-president losing to Joseph Boakai. In 2014, Weah was elected a senator in the Liberian Parliament, but in the three-year term, he only occasionally attended Senate meetings and contributed no legislative initiative. However, in 2017, he again announced his candidacy for the presidency. On 27th December 2017 he was elected President of Liberia, and sworn in on 22 January 2018.
Finally, in the personal life of George Weah, he is married to Kler Vea. They have three children.
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