How much does the president make? The president makes about $89.71 an hour.
Related articles about How much does the president make
How much does a gallon of water weigh?
How much does a gallon of milk weigh?
How much data does Netflix Use?
Barrack Obama started making his money from 2004. During that time, his wife was an admin of the University of Chicago Hospitals. He made money by getting paid from the Illinois State where he worked as a state legislator and from the University of Chicago Law School where he was a teacher. His law career was successful and he made good money. He also wrote a book called “the Audacity of Hope” which won Grammy Award for Best Spoken Word Album, NAACP Image Award for Outstanding Literary Work and etc. He signed up for 2 true-life based books and a single children’s book. He gets 10 percent from the books that sell as audio. He got money from Dystel and Goderich and by this time he was a millionaire. He made more than 147 thousand dollars from “Dreams from My Father” and more than 425 thousand dollars from the “Audacity of Hope.” He spent some of his money on human rights and environment and social issues. He spent on plans that were going to help his daughters’ education. After becoming the president, he started making money.
How much does the president make a year? The president makes $400,000 a year.
As the president now he has different task to do. The Constitution allocates the president two parts: main supervisory of the state government and Leader in Chief of the equipped forces. As Leader in Chief, he has the ability to order armies into war, and is the lone one who can choose whether to use nuclear-powered arms. He has the power to put in force laws, agreements, and court decisions, improve state plans and make the nationwide financial plan. He can employ federal officials and accepts or rejects actions of Assembly and awards absolutions. The president has to pay taxes which reduce his initial salary to a lesser amount. He has to pay all sorts of tax like real estate tax, income tax, sales tax etc. He gives his money to rural countries for development. People will say that the salary is more than he deserves but it is not true because the president works for endless hours and does not take much break.
He takes about 19 days off each year. He makes $400,000 a year by working 91 hours a week which is 49 weeks per year. We can say that the president makes about $89.71 per hour.
