LA Times - Obama sees huge jump in wealth

Obama's wealth does not match that of Democratic rival Sen. Hillary Rodham Clinton, who has loaned her campaign $11.4 million. She and her husband, former President Bill Clinton, have earned more than $100 million since he left office at the start of the decade. Sen. Clinton received an extension and won't file a financial disclosure statement until next month.

Nor does Obama's wealth match that of Sen. John McCain, the presumptive Republican nominee. McCain's wife, Cindy, inherited her father's Anheuser-Busch distributorship in the Phoenix area. Although the McCains' holdings are separate, their family wealth is thought to be between $28 million and $100 million.

Obama's money has come largely from sales of his books, "Dreams From My Father" and "The Audacity of Hope." He's also writing a children's book. All three of the candidates have had bestsellers.

Obama's money is mostly invested conservatively in Treasury notes and bond funds, one of which was worth $1 million to $5 million, according to the forms, which require the disclosure of a range of values.

His mutual funds include so-called socially responsible funds, screened to meet certain "social and environmental criteria."