After swearing he was 'not going to Wall Street' to make a lot of money, Obama is reportedly going to make a lot of money off a speech for Wall Street

Barack Obama.
(Image credit: Scott Olson/Getty Images)

Former President Barack Obama is reportedly going to make a nice $400,000 this year off a speech at an annual health-care conference hosted by the Wall Street investment bank Cantor Fitzgerald. The speech is one of many that Obama will make as he embarks on a paid-speech circuit. He's lined up a gig at the John F. Kennedy Library and Foundation in Boston, a public conversation with German Chancellor Angela Merkel, and some speeches in Europe, The New York Times reported.

Obama's speech at the Cantor Fitzgerald conference is unique, however, in that he'll be earning a lot more money than his predecessors have made from similar speaking engagements. The New York Times said former President Bill Clinton made about $200,000 per speech, while former President George W. Bush made between $100,000 and $175,000.

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