Michelle Obama Gets Paid $741,000 for a One-Hour Speech

Former First Lady Michelle Obama earned over $740,000 for a one-hour lecture at a technology exhibition in Munich, Germany. Michelle Obama was compensated handsomely for speaking at a start-up event held in conjunction with the famous Oktoberfest beer festival.

According to the event’s website, the former first lady was slated to speak to a throng of around 5,000 people. Her lecture addressed the importance of inclusivity and diversity while encouraging people to overcome self-doubt.

Michelle Obama was the event’s first pick among attendees, according to organizers, and her attendance is highly anticipated year after year.

According to a source close to the team, the organizers of the annual ‘Bits and Pretzels’ forum went to considerable pains to obtain Michelle Obama as a speaker, paying her one of the highest salaries ever. Her price, estimated at $741,000, is roughly double that of President Joe Biden’s annual salary.

Oliver Kahn, a former German soccer star who turned to entrepreneurship, was another famous speaker at the Bits & Pretzels conference. The three-day event involves national and international company founders discussing their success stories, as well as guest speakers such as Michelle Obama.

Michelle Obama was the First Lady of the United States from January 2009 to January 2017, during her husband Barack Obama’s two terms as President.

There has been conjecture in recent months that Michelle Obama could run as an alternate candidate to Biden, who is 80 years old, in the 2024 presidential election due to concerns about his cognitive ability. Some senior Democrats are anxious that Biden will not be able to defeat the surging Republican frontrunner, Donald Trump.

According to Gallup, Michelle Obama has excellent popular support, with consistently high approval ratings during her tenure as First Lady. According to a recent YouGov poll, 77 percent of respondents think she’s great, while only 15 percent think she’s terrible.

According to a June study conducted by DailyMail.com, 71 percent of Americans, including half of all Democrats, believe Joe Biden is too elderly to be president. The majority of those polled said that their circumstances had deteriorated since his election.

Michelle Obama and her husband have made money since leaving office through speaking engagements and a $65 million publishing deal with Penguin for their memoirs, according to the Daily Mail.

The Obamas are also the founders of Higher Ground, which signed a multi-year ‘eight-figure’ contract with Netflix in 2018.

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