He parlayed the presidency into a boatload of money.

Via Daily Caller:

Former President Barack Obama and first lady Michelle are reportedly set to purchase a mega-mansion in Martha’s Vineyard.

The Obamas will purchase the house from Boston Celtics owner Wyc Grousbeck for a discount, according to a report published by TMZ Thursday. The property contains 29 beachfront acres, 7 bedrooms, and is listed at $14,850,000.

The report stated that the former first family rented the house for the summer and enjoyed it so much that they decided to purchase it.

Keep reading…

59 Shares