On August 23, Obama announced his selection of Delaware Senator Joe Biden as his vice presidential running mate. Obama selected Biden from a field speculated to include former Indiana Governor and Senator Evan Bayh and Virginia Governor Tim Kaine. At the Democratic National Convention in Denver, Colorado, Hillary Clinton called for her supporters to endorse Obama, and she and Bill Clinton gave convention speeches in his support. Obama delivered his acceptance speech, not at the center where the Democratic National Convention was held, but at Invesco Field at Mile High to a crowd of approximately 84,000 people; the speech was viewed by over 38 million people worldwide.
In 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.
More InfoIn 1963, Dunham met Lolo Soetoro at the University of Hawaii; he was an Indonesian East–West Center graduate student in geography. The couple married on Molokai on March 15, 1965. After two one-year extensions of his J-1 visa, Lolo returned to Indonesia in 1966. His wife and stepson followed sixteen months later in 1967. The family initially lived in the Menteng Dalam neighborhood in the Tebet sub district of south Jakarta. From 1970, they lived in a wealthier neighborhood in the Menteng sub district of central Jakarta.
More InfoAfter graduating from high school in 1979, Obama moved to Los Angeles to attend Occidental College on a full scholarship. In February 1981, Obama made his first public speech, calling for Occidental to participate in the disinvestment from South Africa in response to that nation's policy of apartheid. In mid-1981, Obama traveled to Indonesia to visit his mother and half-sister Maya, and visited the families of college friends in Pakistan and India for three weeks. Later in 1981, he transferred as a junior to Columbia University in New York City, where he majored in political science with a specialty in international relations and in English literature and lived off-campus on West 109th Street. He graduated with a BA degree in 1983 and worked for about a year at the Business International Corporation, where he was a financial researcher and writer, then as a project coordinator for the New York Public Interest Research Group on the City College of New York campus for three months in 1985.
More InfoObama later reflected on his years in Honolulu and wrote: "The opportunity that Hawaii offered—to experience a variety of cultures in a climate of mutual respect—became an integral part of my world view, and a basis for the values that I hold most dear." Obama has also written and talked about using alcohol, marijuana, and cocaine during his teenage years to "push questions of who I was out of my mind." Obama was also a member of the "choom gang," a self-named group of friends who spent time together and occasionally smoked marijuana.
More InfoOn February 10, 2007, Obama announced his candidacy for President of the United States in front of the Old State Capitol building in Springfield, Illinois. The choice of the announcement site was viewed as symbolic because it was also where Abraham Lincoln delivered his historic "House Divided" speech in 1858. Obama emphasized issues of rapidly ending the Iraq War, increasing energy independence, and reforming the health care system, in a campaign that projected themes of hope and change.
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