For a one-hour speech in Germany, Michelle Obama was reportedly paid over $700,000.
Near the yearly Oktoberfest beer festival, Michelle Obama spoke at a start-up event where it was predicted that 5,000 people would attend.
Since Barack Obama left office, the Obamas have made a ton of money. They struck a multi-year deal with Netflix in 2018 and received a $65 million deal from Penguin for their memoirs. Ted Sarandos, co-CEO of Netflix, supported Obama, and from 2009 to 2011, his wife served as the president’s ambassador to the Bahamas.
In 2019, Higher Ground Productions, a business owned by the Obamas and dedicated to assisting authors with the publication of e-books, demanded that another business, Higher Ground Enterprises, abandon its trademark.
That amount the female Obama received is almost two times what Biden makes as president in a single year.
Oliver Kahn, a former German soccer player who is now an entrepreneur, was also one of her fellow speakers.