According to recent reports from media outlet Radar Online, former President Barack Obama and his wife, Michelle Obama, are rumored to be on the brink of a divorce. If these rumors hold any truth, this could lead to significant financial implications for the couple.

Barack and Michelle have, over the years, established a very influential and financially successful brand together. However, any potential separation might pose challenges that could affect their substantial joint wealth, insiders suggest.

Notably, the Obamas never signed a prenuptial agreement before their marriage. Estimates just last year pegged their joint net worth at approximately $70 million, a significant increase from the $800,000 they reportedly had before moving into the White House in 2009.

During his presidency, Obama earned an annual salary of $400,000. Upon leaving office, he began receiving an annual pension amounting to nearly $207,000. But that’s not all; both Barack and Michelle have further bolstered their wealth through lucrative book deals for their memoirs, co-founding an entertainment company that produces content for streaming giant Netflix, and even venturing into podcasting.

Considering the absence of a prenup, a separation could potentially lead to complex and possibly contentious negotiations regarding their assets, bringing about new challenges.