Barack Obama: cashing in and living it up with the rich

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When it emerged that Barack Obama was pocketing six-figure sums as a trophy speaker after stepping down as American president, the host of the comedy news programme The Daily Show put forward a novel defence of his ballooning wealth.“So the first black president must also be the first one not to take the money afterwards?” the satirist Trevor Noah quipped. “No, no, my friend. He can’t be the first of everything. Make that money, Obama.There is no doubt that Obama and his wife, Michelle, have prospered since leaving the White House. Few begrudge the former first family their success, although Donald Trump has a chip on his shoulder about it. There is talk that the defeated president — or election “winner”, as

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