The Obama will become a brand of one billion dollars

Money continues to roll for Barack and Michelle Obama.

And it may not be long before they are billionaires.

The New York Post announced that Obama was preparing to become a billion dollar brand, under extremely lucrative deals on Netflix books, speeches and videos.

The latest example of cashing comes with the new memory of the former First Lady, "Becoming," which was released last week and was part of a $ 65 million book advance paid to both Obamas.

Money continues to roll for Barack and Michelle Obama. And maybe they will not be long in calling themselves billionaires.
(REUTERS / Jim Bourg, File)

In 2017, the Obama signed the $ 65 million deal after leaving the White House to buy books written by the former president and first lady. This is the highest amount ever paid for a presidential memoir.

According to the New York Post, the former first lady could also earn millions of dollars on her 10-city tour while promoting her autobiography.

The newspaper reported that Michelle Obama could order $ 225,000 for other paid speeches. The former president earns $ 400,000 per speech.

OBAMAS LAND $ 65M GOOD PLAN OF JOINT DELIVERY; THE LARGEST PAYMENT OF PRESIDENTIAL MEMORY

Obama, as a former president, also receives an annual presidential pension of $ 207,800.

Earlier this year, Obama signed a multi-year deal to produce new films and broadcasts with Netflix. The former president and first lady will produce a variety of content, including a potential series with scripts, an unscripted series, a series of documents, documentaries and feature films, according to a Netflix statement about the company. agreement.

The couple also created Higher Ground Productions, which will serve as the entity for content production for Netflix.

MICHELLE OBAMA RULES HIS EXERCISE FOR A POLITICAL OFFICE

"One of the simple joys of our career in the public service was to meet so many fascinating people from all walks of life and to help them share their experiences with a wider audience," Obama said in a statement released on Tuesday. 39; era.

In her book, Michelle Obama wrote that she would never forgive President Trump for spreading rumors that her husband was not born in America. "All this was crazy and petty, of course, its underlying bigotry and xenophobia were barely hidden," she wrote. "But it was also dangerous, deliberately meant to stir the wing nuts and nuts."

Trump recently fought back by addressing reporters.

"She received a lot of money to write a book," he said, before attacking his predecessor, Barack Obama: "I will never forgive him what he did to our US military by not funding it properly … it was exhausted. "

Both Obama seem to enjoy the benefits of life outside government. In promoting her book, Michelle Obama has repeatedly denied being interested in running for office herself.

"Barack keeps these people away from me," she said in a recent appearance on "Jimmy Kimmel Live." "No, I have not had any serious conversations about it with anyone because it's not something that interests me or that would interest me." never do. Already."

Stephanie Nolasco and Bradford Betz of Fox News contributed to this report.