One does not treat oneself otherwise: Obamas buy million-villa on island

              Thursday, 05. December 2019

              Hundreds of square meters of living space on an even larger property, with its own private beach and all Pipapo. That describes the new estate of Barack Obama and his wife Michelle on a small US island probably the best. How could he afford that from his presidential salary?
              A summer's love can become so fast: Only in August did Barack and Michelle Obama rent a villa for their vacation on the small island of Martha's Vineyard in the US state of Massachusetts. It seems they have done so much to them that the former US President and his wife have now bought them without further ado. The 650-square-foot shingle house sits on 29 acres of private beach land, has seven bedrooms and nine bathrooms, high-quality interiors and a winding driveway that's almost a kilometer long. The Obamas can also look forward to a private boathouse, open fire pits and two guest wings. From the pool and a jacuzzi on the balcony not to mention.Seller is the co-owner of the basketball team Boston Celtics, Wyc Grousbeck, to which the Obamas should now transfer a nice sum: For the luxury property, the two are according to the promiportal "TMZ" flabby 11, Paid $ 75 million. Originally it was on the luxury real estate portal Landvest for nearly 15 million dollars for sale. Did Grousebeck want to do a favor to the former president and his wife? At least he is well-disposed to the two democrats – according to public documents, he donated a lot of money for Obama's first election campaign. And how can they afford that? But from his salary, which he received as president between 2009 and 2017, Obama can hardly afford the huge estate. US heads of state earn $ 400,000 a year – eight years in office, leaving Obama "only" $ 3.2 million. First ladies get no salary despite their tremendous work and responsibilities. But the Obama's would not be the successful power couple they are if they did not know how to make millions on the fly. From paid lectures at events around the world, to writing memoirs, to signing a large-scale production contract with Netflix, the White House's life was both busy and extremely lucrative. "Becoming," the book by Michelle Obama, who was ranked number one on the New York Times bestseller list for a full year, brought the 55-year-old a whopping $ 65 million. For three speeches on Wall Street, her husband received at least 1.2 million. As ex-president, the 58-year-old also receives a pension of more than $ 200,000 annually. The hungry towel, the two gnawed before taking office but not synonymous. Michelle was already a high earner, he was, according to the business magazine "Forbes" at the latest by writing children's books millionaire. Since one could speak so with a view of the new home almost from a bargain …

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