Obamas has made an offer on the "mega-expensive" Martha's Vineyard estate: report



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Former President Barack Obama and his wife Michelle reportedly made an offer on a 29-acre estate at Martha's Vineyard, after renting it to Boston Celtics' owner, Wyc Grousbeck, during the year. ;summer.

According to TMZ, the "mega-expensive" estate sits on the beach, has two guest wings, seven rooms and 6,900 square feet. Although the property is valued at $ 14,850,000, sources told TMZ that the Obama paid "less".

The Obama had previously bought a nine-bedroom house, Washington, DC This purchase of 2017 had cost them $ 8.1 million.

Although the pair is currently in escrow, the deal may fail due to unspecified "contingencies," depending on the point of sale. The news came as the former first family seemed ready to continue to reap millions of other opportunities.

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The former president, who had a net worth of about $ 40 million in 2018, teamed up with his wife to create a documentary titled "Their First Great Anti-Trump Statement of 2020" .

The documentary focuses on a Chinese billionaire who opens a factory "in the skin" of an abandoned factory of General Motors, which hired 2,000 blue-collar Americans.

Michelle Obama has already received a $ 65 million book advance for her memoir, "Becoming," while the couple has also signed a $ 50 million deal with Netflix. According to the New York Post, Michelle Obama is asking for $ 225,000 in speaking expenses and, with her husband, could reach $ 135 million.

While the former president has remained relatively silent despite President Trump's attacks, he has occasionally spoken out about events such as mass shootings in El Paso and Dayton.

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Obama has notably refrained from entering the 2020 presidential policy and refused to support his former vice president, Joe Biden, for the nomination of the Democratic party.

In August, a report revealed that the former president had told Biden early 2019 that he was not obliged to run for president. Obama has reportedly rebuffed Biden's run in 2016 because he thought in part that former Secretary of State Hillary Clinton would be more effective in continuing his legacy.

Brian Flood of Fox News contributed to this report.

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