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The Obamas reportedly just bought a $12 million house on Martha's Vineyard. Take a look inside the 7-bedroom waterfront mansion

1 month ago   |   By Business Insider

Barack and Michelle Obama just dropped $11.75 million on a house on Martha's Vineyard in Massachusetts, Julia Wells reported for The Vineyard Gazette.
The 7-bedroom home spans almost 7,000 feet and sits on 29 waterfront acres, according to the listing.
It comes with an outdoor swimming pool, sun decks and balconies, a boathouse, and private beachfront.
The home was originally asking $14.85 million.
The former first family has spent summer vacations on Martha's Vineyard, which is a popular summer destination for the wealthy.
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The Obamas reportedly just bought a $12 million home on Martha's Vineyard. They're worth 30 times more than when they entered the White House in 2008 - here's how they spend their millions

The Obamas reportedly just bought a $12 million home on Martha's Vineyard. They're worth 30 times more than when they entered the White House in 2008 - here's how they spend their millions

1 month ago   |   By Business Insider

Barack and Michelle Obama reportedly purchased a 6,892-square-foot house on Martha's Vineyard that was listed at $11.75 million, according to Julia Wells for local outlet Vineyard Gazette .
Barack's net worth is $40 million , according to a 2018 GoBankingRates estimate.
Aside from the six-figure pension he receives as a former president, Obama has made millions from speaking engagements and his best-selling books.
Former First Lady Michelle Obama 's memoir " Becoming " was the top-selling book of 2018.
While Obama spends his money in various ways, he loves to donate to charity and take...
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