video The Obamas are worth $40 million — here's how they make and spend their money

From speaking at events around the world to writing a memoir and, most recently, signing a massive production deal with Netflix, the Obamas' lives after the White House have been full and very lucrative. These endeavors — along with the six-figure pension all former presidents receive — have significantly contributed to the Obamas' estimated net worth of $40 million. From philanthropic efforts to vacationing where the sun shines to making long-term investments in their daughters' education, here's how the Obamas spend their fortune.

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