Quote (Voyaging @ 8 Feb 2017 10:10)
That's a long way off from a billion (not saying you were claiming that just referring the previous claim by excellence).
I think people underestimate just how much a billion dollars is. Trump is worth under 4 billion after a lifetime of dedicating every ounce of energy to building wealth, with enormous initial capital, and being completely unaffected by legality or ethics. I really don't think the Obamas could become billionaires.
well, obama is still young, and being a former president, he can give speeches for $200k all year long, like hillary did. he also has an immense network of politicians and rich people to build on. he could quite easily start a charity fund and gather hundreds of millions for it, while retaining control, just like the clintons did with their foundation. he can sell his memoirs and probably make several millions. he could write insanely highly paid op-eds for big newspapers and political magazines. he could work as an unbelievably overpaid political lobbyist in washington... as in... millions per year. and he is young, cool, a celebrity - he could appear in a lot of guest rolls in tv series and movies.
if he really dedicated the rest of his life to making as much money as possible, he could probably make something like $20 million a year in income and another $10-50 mil in donations, so that he could become a billionaire in roughly 20 years. but yeah, it would be a stretch.
This post was edited by Black XistenZ on Feb 8 2017 06:20am