Malia Obama is an American-born white house raised lady by Barack Obama who is a former
US president who is famous because she is the first-born daughter of Barack. Now let’s
have a close look on Malia Obama’s net worth in 2018.
Malia Obama attended a private University
of Chicago Laboratory School. When Malia’s family moved to Washington D.C. from Chicago
in 2009, Malia continued attending her studies at the Sidwell Friends School.
In 2017 Proud parents Barack Obama and Michelle Obama have officially sent their eldest daughter
off to college at Harvard University.
In 2014, Malia and her sister Sasha Obama
were named in the list of “The 25 Most Influential Teens of 2014” by Time Magazine. In the
same year, People magazine named her as one of the 50 most beautiful people in the world.
She was also the 2nd most Googled celebrity in the world in 2014. FHM ranked her #52 in
its list of 100 sexiest women in the world in 2015.
Malia Obama’s net worth is around $250k,
and when combined with that of her parents’, her net worth reaches over $20 million. Recently,
she topped the People with Money’s top 10 Highest-paid heirs for 2018 with an estimated
$96 million in combined earnings. Malia’s astonishing net worth is due to
smart stock investments, property holdings and good endorsement deal with Cover Girl
cosmetics she has made. Malia also owns many restaurants like the Fat Obama Burger chain
in Washington D.C. itself. Malia owns a football team named the Chicago Angels and recently
launched a Vodka brand named ‘Pure Wonderobama- US’. Alongside she manages the juniors market
with one of the bestselling perfume called ‘With Love from Malia’. Malia also runs
a fashion line called ‘Malia Obama Seduction’. It is the list of all such works Malia does
which helped in building such a good net worth. In 2014, Malia Obama received a car for her
16th birthday from her parents. The Obama family owns $5 million in the Normal
Municipal Money Market fund, added to it are U.S. Treasury notes worth $1 million, Nobel
Peace Prize monetary reward of $1.4 million, and other stock investments. That is a whopping
amount of net worth to which Malia Obama becomes a natural heir to.
Amongst the other assets is the Obama family home in Chicago worth $1.5 million. The total
family earnings added together is over $23 million, which is a lot for a family of just
four people. Malia’s father ex-President of the United
States of America has set aside about $200, 00 to $450000 as savings for the education
of both daughters Malia and Sasha. One thing is for sure that it could be that Malia’s
wealth and assets might not be at par with the daughters of big business tycoons but
she does have a lot of money set aside by her parents. Malia’s parents might not the
wealthiest family in the world but they had certainly had more than what an average person
could earn in his or her lifetime. Malia’s parents have accumulated a considerable
number of assets and wealth of both their children. Malia’s father Barack Obama has
kept details about their children as private hence nothing much can be said about the business
model she would work upon. Malia is planning to attend Harward University
this year to complete her graduation degree. Malia Obama, being daughter of the most powerful
man in the United States of America (the then President) Barack Obama (until 2016) and heir
to such an impressive wealth and assets, is just a regular girl who loved playing soccer,
tennis, dance and piano when she lived with her family in Chicago. Although Malia’s
father Barack Obama tried to keep his daughters away from media and liked to keep their personal
life private. But being a natural heir, Malia soon became one of the most influential teens
as categorized by Times magazine. Malia’s net worth is considerable and she is making
right efforts to keep it high.