Former USA president Barack Obama is known all over the world as a busy man. According to research done by Hillary Hoffower and which the Independent posted on their website, Obama's life after leaving the White House has been full of luxury.
Along with his lucrative pension which the retired USA presidents enjoy, Obama’s estimated net worth has risen to about $40 million. With such a figure of money, it allows such a person to adopt a more expensive lifestyle.
In 2007, Obama acquired Bright Directions age-based growth plans at $100,000 each, to pay for Malia's and Sasha's college fee. The Obamas have also made an investment in real estate business where they purchased an 8,200-square-foot mansion in Washington, for $8.1 million after previously renting it.
Obama still owns a home in Chicago's Hyde Park neighbourhood which he bought for $1.65 million in 2005. He took out a $1.3 million mortgage on the home which is valued at about $2.5 million.
The Obamas have also been on the vacations spree since leaving the world’s most powerful office (White House). They have been in Southern California from where they made their way to Necker Island.