Michelle Obama to get a check for $741,000 for a one-hour speech about 'Diversity and Inclusion' at Munich conference
- The former First Lady will be paid 700,000 euros for her appearance at the Bits & Pretzels Founder Festival
- Organizers said Obama had ‘topped the list’ of people that participants wanted to see take part ‘year after year'
- Her husband former President Barack Obama had also previously spoken at the festival in 2019
Former First Lady Michelle Obama raked in nearly $750,000 for a one-hour speech at a tech fair in the southern German city of Munich on Monday, DailyMail.com has learned.
The 59-year-old picked up the eye-watering check for speaking to a start-up event held on the sidelines of the annual Oktoberfest beer festival, two sources close to the conference organizers said.
According to the event’s webpage, the ex-attorney was set to speak to some 5,000 attendees on how to ‘push past self-doubt while discussing the importance of inclusivity and diversity.’
The Harvard graduate will be paid 700,000 euros for her appearance at the three-day love-in for European entrepreneurs, which is roughly the equivalent of $741,000.
Organizers said Mrs Obama had ‘topped the list’ of people that participants wanted to see take part ‘year after year.’
Former first lady Michelle Obama speaks at the opening ceremony of the of the U.S. Open tennis championships, Monday, Aug. 28, 2023
Organizers said Mrs Obama had ‘topped the list’ of people that participants wanted to see take part ‘year after year’
The 59-year-old was speaking to a start-up event held on the sidelines of the annual Oktoberfest beer festival
‘They really pulled out all the stops to get her,’ said one person close to the team behind the annual ‘Bits and Pretzels’ forum. ‘It’s one of the highest fees that they have ever paid.’
That sum is nearly double what Biden earns in a year as the current president of this country.
Axios previously reported that Michelle Obama could be booked for $200,000, while her husband cost $400,000.
Her fellow speakers include Oliver Kahn, a former German soccer star turned entrepreneur.
The Bits & Pretzels conference is set over three days and hears from founders of national and international companies that tell their success stories, as well as guest speakers like Michelle Obama.
Michelle Obama was the United States’ First Lady from January 2009 to January 2017 when her husband Barack served two consecutive terms as the commander-in-chief.
She has been mooted in recent months as a possible alternative candidate to Joe Biden, 80, if he decided to pull out of the 2024 presidential race amid concerns over his cognitive abilities.
Democrat Party bigwigs are worried that Biden could end up losing to resurgent GOP frontrunner Donald Trump.
Even the Biden-bashing Senator from Texas, Ted Cruz, believes Obama is preparing to run despite her denials.
'Here's the scenario that I think is perhaps most likely, and most dangerous,' he said on his podcast. 'In August of 2024, the Democrat kingmakers jettison Joe Biden and parachute in Michelle Obama.'
The Harvard graduate will be paid 700,000 euros for her appearance at the three-day love-in for European entrepreneurs
President Barack Obama at the beginning of his White House tenure with daughter Malia Obama, first lady Michelle Obama and daughter Sasha Obama in the Green Room of the White House September 1, 2009
Former President Barack Obama and First Lady Michelle Obama take in the tennis on day one of the 2023 U.S. Open tennis tournament
71 percent of Americans and half of all Democrats say Biden is too old to be president and most voters say they are worse off since he took power, according to a damning DailyMail.com poll from June.
Former president Barack Obama also spoke to the same Munich forum a mere three years ago in a keynote address that focused on ‘entrepreneurial spirit and leadership skills.’
His fee for that appearance has never been disclosed, but he picked up nearly $700,000 for two speeches in Australia earlier this year.
Former U.S. President Barack Obama speaks at the opening of the Bits & Pretzels meetup on September 29, 2019 in Munich
Upon leaving the White House, the ex-presidential couple, married since 1992, have focused on boosting their earning power through lucrative speaking engagements as well as a $65 million publishing deal with Penguin for their memoirs.
Together they set up their joint production company ‘Higher Ground’, signing a multi-year ‘eight figure’ contract with streaming giant Netflix in 2018.
Last year, the former First Lady staged a six-city U.S. tour for her recent tome, The Light We Carry, in which she explained to readers the habits and practices, attitudes and beliefs that she uses to overcome her fears.
The mother-of-two gets a Secret Service security detail whenever she travels at home or abroad at the expense of the U.S. taxpayer.
It is thanks, in part, to a law brought in by President Obama in 2013 that restored lifetime protection for former presidential spouses and their family members.
That piece of legislation reversed a 1994 statute that had capped Secret Service protection at a maximum of just ten years for presidents who took office after Jan 1, 1997.
https://www.dailymail.co.uk/news/article-12559675/michelle-obama-pay-munich-conference-speech.html
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