Bo's financial disclosure forms released Obama. Bo Obama only worth $ 1,600

Bo's financial disclosure forms released Obama. Bo Obama only worth $ 1,600:

Bo Obama, a gift from the late Senator Ted Kennedy a value of $ 1.600, between millions of dollars in book royalties earned in 2009 and included in income President Barack Obama's report. President Barack Obama pulled in millions of dollars in book royalties in 2009 and was a very special gift $ 1,600 - his dog, Bo. The Portuguese water dog, which was a gift from the late Senator Ted Kennedy, was quoted on the annual financial information the White House released Monday. Royalties from his books, "Dreams From My Father" and "Audacity of Hope", was on between $ 1 million and 5 million U.S. dollars each. In pictures: Obama Bo, fill me Obama also listed a number of safe investments in Treasury bonds and retirement and college savings accounts. Including funds held jointly with his wife, Michelle, those assets were worth between approximately $ 2,200,000 and $ 7,500,000 in 2009. Assets are included in wide ranges on the disclosure forms, making it difficult to precisely determine their value. There was also $ 1,400,000 from winning the Nobel Peace Prize, which the President donated to charity. Obama also sold two legacies of his grandmother, Madelyn Dunham, who died in the last days of his campaign. He made less than $ 1,000 from the sale of a tax-free trust. A second legacy - the shares in Bank of Hawaii, where his grandmother, a secretary has risen to a vice-president - sold for between $ 250,000 and $ 500.000. Obama's tax returns, made public earlier in the year, show that he took a loss on that investment. Obama's salary is $ 400,000. He listed no debts. Michelle Obama has a number of its own assets, including pension funds and a deferred compensation package from the University of Chicago Hospitals where she worked as an executive. Michelle Obama shares a curiosity with other recent first ladies, she gets the "pin money", an old term for spending money that a husband would his wife to spend the confidence of a man named Henry G. Freeman Jr. Freeman is deceased in 1917, showing that after the last relatives in his will were deceased, an annuity of $ 12,000 would be paid annually to each first lady during her husband's term as president. The reason he gave was that, in his opinion, presidents were poorly paid. His last family does not die until 1989.