The inauguration of Barack Obama as the 44th President took place on January 20, 2009. In his first few days in office, Obama issued executive orders and presidential memoranda directing the U.S. military to develop plans to withdraw troops from Iraq. He ordered the closing of the Guantanamo Bay detention camp, but Congress prevented the closure by refusing to appropriate the required funds and preventing moving any Guantanamo detainee into the U.S. or to other countries. Obama reduced the secrecy given to presidential records. He also revoked President George W. Bush's restoration of President Ronald Reagan's Mexico City policy prohibiting federal aid to international family planning organizations that perform or provide counseling about abortion.
John McCain was nominated as the Republican candidate, and he selected Sarah Palin as his running mate. The two candidates engaged in three presidential debates in September and October 2008. On November 4, Obama won the presidency with 365 electoral votes to 173 received by McCain. Obama won 52.9% of the popular vote to McCain's 45.7%. He became the first African American to be elected president. Obama delivered his victory speech before hundreds of thousands of supporters in Chicago's Grant Park.
More InfoIn 1971, Obama returned to Honolulu to live with his maternal grandparents, Madelyn and Stanley Dunham. He attended Punahou School—a private college preparatory school—with the aid of a scholarship from fifth grade until he graduated from high school in 1979. In his youth, Obama went by the nickname "Barry". Obama lived with his mother and half-sister, Maya Soetoro, in Hawaii for three years from 1972 to 1975 while his mother was a graduate student in anthropology at the University of Hawaii. Obama chose to stay in Hawaii with his grandparents for high school at Punahou when his mother and half-sister returned to Indonesia in 1975 so his mother could begin anthropology field work. His mother spent most of the next two decades in Indonesia, divorcing Lolo in 1980 and earning a PhD degree in 1992, before dying in 1995 in Hawaii following unsuccessful treatment for ovarian and uterine cancer.
More InfoIn a 2006 interview, Obama highlighted the diversity of his extended family: "It's like a little mini-United Nations," he said. "I've got relatives who look like Bernie Mac, and I've got relatives who look like Margaret Thatcher." Obama has a half-sister with whom he was raised (Maya Soetoro-Ng) and seven other half-siblings from his Kenyan father's family—six of them living. Obama's mother was survived by her Kansas-born mother, Madelyn Dunham, until her death on November 2, 2008, two days before his election to the Presidency. Obama also has roots in Ireland; he met with his Irish cousins in Moneygall in May 2011. In Dreams from My Father, Obama ties his mother's family history to possible Native American ancestors and distant relatives of Jefferson Davis, President of the Confederate States of America during the American Civil War. He also shares distant ancestors in common with George W. Bush and Dick Cheney, among others.
More InfoIn December 2007, Money Magazine estimated Obama's net worth at $1.3 million (equivalent to $1.6 million in 2019) . Their 2009 tax return showed a household income of $5.5 million—up from about $4.2 million in 2007 and $1.6 million in 2005—mostly from sales of his books. On his 2010 income of $1.7 million, he gave 14% to non-profit organizations, including $131,000 to Fisher House Foundation, a charity assisting wounded veterans' families, allowing them to reside near where the veteran is receiving medical treatments. Per his 2012 financial disclosure, Obama may be worth as much as $10 million.
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