Slate Pokes Around in Obama's Books

From slate.com

"Let's start with the big picture: net worth. According to Obama's most recent public financial statements, he and his wife, Michelle, were worth between $500,000 and $2 million at the end of 2005 (excluding whatever equity they have in their $1.65 million Chicago house).

The bulk of this wealth came from $1.2 million in royalties Obama received that year for The Audacity of Hope and a previously published book (part of a $1.9 million, three-book deal). The $1.2 million figure is presumably pretax, which means that, after paying the IRS, Obama probably kept about $600,000." (more)