The Obamas own a number of valuable properties, including opulent residences in Chicago, Martha’s Vineyard, and Washington, D.C. Their stock holdings are also said to be worth more than $25 million.
The pair earns a significant income from media production collaborations with well-known platforms like Netflix, book deals, and high-profile speaking engagements in addition to real estate.
“They intend to resolve all matters amicably prior to issuing a formal statement,” a person with knowledge of the matter stated. “Neither party wants a drawn-out, public legal battle.”