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President Obama's Personal Finances

President Obama Discloses His Personal Finances


For all of the security it takes to protect the president and his family, the Obamas don't exactly get much privacy. A disclosure of President Obama's personal finances was released on Friday, making it clear he's a pretty conservative investor, his daughters' educations are a priority, and he's got enough cash for a rainy day. The numbers were provided with pretty big ranges, but here's a peek inside Obama's finances.

  • He has between $101,000 and $265,000 in two checking accounts.
  • There's between $100,000 and $200,000 in two 529 educational savings accounts for the First Daughters, Sasha and Malia.
  • Obama plays it safe with most of his money, investing between $1 million and $5 million in U.S. Treasury bonds.
  • His stock market exposure is mostly limited to between $115,000 and $250,000 invested in a mutual fund, the Vanguard FTSE Social Index fund (VFTSX).

Source

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