Net Worth of Former First Lady, Michelle Obama

Michelle Obama is a former First Lady of the United States and an author. She has had a successful career in law and public service, having served as the Executive Director for the Chicago branch of Public Allies, Associate Dean at the University of Chicago, Senior Advisor to the President at the University of Chicago Medical Center, Vice President for Community and External Affairs at the University of Chicago Hospitals, and Chair of the Board of Directors for TreeHouse Foods. Mrs. Obama is also an active philanthropist, having raised millions for charities such as The Young African Leaders Initiative (YALI) and Global Girls Alliance. With her husband, Barack Obama, she co-founded the Reach Higher Initiative, which encourages students to pursue higher education.

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Early Life and Career Overview

Michelle LaVaughn Robinson was born on January 17th, 1964, in Chicago, Illinois. She attended Whitney M. Young Magnet High School before enrolling at Princeton University, where she graduated cum laude with a degree in sociology. She later went on to earn a Juris Doctor from Harvard Law School in 1988. Following graduation, Mrs. Obama worked at Sidley Austin LLP as an associate attorney until 1991. After that, she took up various leadership roles within government and community organizations including working as the Executive Director for the Chicago branch of Public Allies, Associate Dean at the University of Chicago, Senior Advisor to the President at the University of Chicago Medical Center, and Vice President for Community and External Affairs at the University of Chicago Hospitals.

Notable Contributions As First Lady

In 2008, Mrs. Obama was elected First Lady alongside her husband who became president of the United States. During her time in office, Mrs. Obama worked tirelessly to promote health and wellness initiatives through programs like Let’s Move!, championed international educational opportunities for young girls around the world through her advocacy efforts via the Let Girls Learn campaign, hosted special events designed to inspire children to read through her White House Storytime program, and opened her doors to hundreds of thousands of visitors during her annual holiday open house tours.

Current Endeavors & Other Income Sources

Today, Mrs. Obama continues to advocate for important causes both domestically and abroad. In addition to this work, she serves as a contributing editor for Vogue magazine, collaborates with authors on books about her life experiences and provides keynote speeches for large conferences around the world. All these activities have helped Mrs. Obama add substantially to her net worth over time.

Investments & Real Estate Portfolio

Mrs. Obama has been able to amass considerable wealth by leveraging smart investments and real estate purchases over the years. Some notable examples include purchasing a three bedroom condominium in Washington D.C., investing in several mutual funds managed by Goldman Sachs, Bank of America and JPMorgan Chase, acquiring equity stakes in multiple businesses owned by friends and family members, and renting out high-end vacation homes located in desirable locations across Europe and North America.

Philanthropic Efforts

Throughout her career, Mrs. Obama has made generous donations to numerous charitable causes worldwide. This includes providing financial support to impoverished communities in Africa, founding the Reach Higher initiative to promote college accessibility among youth, launching food drives throughout major cities in the U.S., helping raise awareness about climate change issues affecting developing countries, advocating against childhood obesity and much more.

Estimated Net Worth

As a result of her various professional endeavors and shrewd investments decisions over the years, it is estimated that Michelle Obama currently enjoys a net worth of approximately $70 million dollars. This impressive figure does not take into account any money earned or donated by the Obamas since leaving office in 2017.

Conclusion – The Power of Education and Hard Work

Mrs. Obama’s story stands as proof that dedication and hard work pays off when pursuing one’s dreams. Despite coming from humble beginnings growing up on the Southside of Chicago, Mrs. Obama defied expectations by rising to become one of the most influential women in the world today. Through sheer determination, hard work and unwavering commitment to excellence, she has created tremendous value not only financially but through her legacy of giving back to others less fortunate than herself.

References & Further Reading

Forbes: Inside Michelle Obama’s Growing Fortune https://www.forbes.com/sites/katienelson/2020/02/05/inside-michelle-obamas-growing-fortune/#1138fffe3ba2
Biography: Michelle Obama http://www.biography.com/people/michelle-obama-307546
Investopedia: How Did Michelle Obama Make Her Money? https://www.investopedia.com/articles/celebrities/121615/how-did-michelle-obama-make-her-money.asp
Time Magazine: Here Are Five Things You May Not Know About Michelle Obama https://time.com/4586402/michelle-obama-five-things/
Celebrity Net Worth: Michelle Obama Net Worth 2020 https://www.celebritynetworth.com/richest-celebrities/singers/michelle-obama-net-worth/