Introduction
Malia Obama, the eldest daughter of former U.S. President Barack Obama and former First Lady Michelle Obama, has been in the public eye since her father’s presidential campaign in 2008. Despite her young age, she has managed to build a significant net worth, which is expected to increase in the coming years. This article will delve into the details of Malia Obama’s net worth as of 2024, her sources of wealth, and her potential future earnings.
| Attribute | Detail |
|---|---|
| Estimated Net Worth: | $1 million |
| Age: | 25 |
| Date of Birth: | July 4, 1998 |
| Birth Country: | United States |
| Source of Wealth: | Internships, Investments |
Malia Obama’s Early Life
Born on July 4, 1998, Malia Obama spent most of her childhood in the White House, as her father served as the President of the United States from 2009 to 2017. Despite her high-profile upbringing, her parents have always emphasized the importance of a normal childhood and good education.
Education
Malia graduated from the prestigious Sidwell Friends School in Washington, D.C., in 2016. After taking a gap year, she enrolled at Harvard University in 2017, where she is currently pursuing her undergraduate degree.
Internships and Early Career
While still a student, Malia has held several internships that have contributed to her net worth. These include:
- An internship at the U.S. Embassy in Spain.
- A production assistant role on the set of the CBS series “Extant.”
- An internship with Hollywood producer Harvey Weinstein.
Future Career Prospects
Given her interest in film and television production, it is likely that Malia will pursue a career in this industry after graduation. This could significantly increase her net worth in the coming years.
Investments
While the details of Malia’s investments are not publicly available, it is known that the Obama family has a diversified investment portfolio. It is likely that Malia, under the guidance of her financially savvy parents, has made some smart investments that contribute to her net worth.
Real Estate
The Obama family owns several properties, including a $8.1 million house in Washington, D.C., and a $11.75 million mansion in Martha’s Vineyard. While these properties are primarily under Barack and Michelle’s names, it is possible that Malia has a stake in them.
Book Deals and Speaking Engagements
Both Barack and Michelle Obama have signed lucrative book deals and regularly command high fees for speaking engagements. While Malia has not yet ventured into these areas, it is possible that she will in the future, further increasing her net worth.
Michelle Obama’s “Becoming”
Michelle Obama’s memoir, “Becoming,” was a global bestseller and earned her a significant amount of money. If Malia were to write a book, it could potentially be a significant source of income.
Philanthropy
Despite her wealth, Malia is known for her philanthropic efforts. She has volunteered at several organizations, including the food bank at the Greater Chicago Food Depository. While these activities do not directly contribute to her net worth, they demonstrate her commitment to giving back to the community.
Conclusion
As of 2024, Malia Obama’s estimated net worth is $1 million. This comes from her internships, potential investments, and possible stakes in her family’s real estate properties. While she is still young and her career is just beginning, it is likely that her net worth will continue to grow in the coming years, especially if she pursues a career in film and television production or follows in her parents’ footsteps with book deals and speaking engagements. Despite her wealth, Malia remains committed to philanthropy, demonstrating that she values giving back to the community as much as building her own wealth.
