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Charles Rex Arbogast, Eugene Hoshiko, LM Otero / AP

Barack Obama gave his first public speech since he left office yesterday. While this one might have been a freebie, Fox Business reported that he's already booked for a $400K gig in September — almost double Hillary Clinton's controversial speaking fee. Obama will talk about health care at a Wall Street conference put on by Cantor Fitzgerald LP.

But Obama certainly isn't the first POTUS to cash in on the presidency, and he hasn't set any record.

  • Gerald Ford was the first President to make money from speeches, charging as much as $40,000 per speech after 1977, according to ThoughtCo.
  • Jimmy Carter did not take up speech offers often, but at one time had $50,000 listed as a speaking fee, according to presidential historian Mark K. Updegrove.
  • Ronald Reagan was once paid $2 million for two speeches in Japan, NYT reported, noting that was not his usual fee.
  • George H. W. Bush didn't like speaking in public often, but George W. told writer Robert Draper that his dad made about $50,000 to $75,000 per speech.
  • Bill Clinton was paid $750,000 for a speech in 2011 for a Swedish telecom firm, according to ABC. Hillary Clinton became the center of scandal during the campaign when it was revealed she charged $250,000 in speaking fees at a fundraiser, according to ABC News. Most of the Clintons' speeches cost around $200,000.
  • George W. Bush gave around 200 speeches for $100-$175,000 each after leaving office, Politico reported.
  • Donald Trump was the highest paid speaker even before he became president. In 2006 and 2007, he was paid $1.5 million per speech (he participated in 17) at The Learning Annex's "real estate wealth expos," according to Forbes.

Go deeper

Updated 15 hours ago - Sports

The potential GOAT of chess faces intriguing challenger

Illustration: Sarah Grillo/Axios

The World Chess Championship between Norway's Magnus Carlsen and Russia's Ian Nepomniachtchi began on Friday, 1,094 days after Carlsen won his fourth consecutive title.

Why it matters: During the long, COVID-fueled layoff, chess entered a new era, and with the championship finally here, the age-old game is ready for its close-up.

Department of Interior proposes raising cost of drilling on public lands

A horizontal drilling rig and a pump jack sit on federal land in Lea County, New Mexico. Photo: Callaghan O'Hare/Bloomberg via Getty Images

Oil and gas companies should pay more to drill on federal lands and waters, the Department of the Interior argued in a report released Friday, saying that the current rates were "outdated."

Driving the news: The Department of Interior report said that the federal government's oil and gas leasing and permitting program "fails to provide a fair return to taxpayers, even before factoring in the resulting climate-related costs that must be borne by taxpayers."

16 hours ago - Health

U.S. to restrict air travel from 8 countries over new COVID variant concerns

A COVID-19 vaccine is administered. Photo by Joe Raedle/Getty Images

The U.S. will impose new air travel restrictions in response to the Omicron variant, a new COVID strain first detected in South Africa, President Biden announced Friday.

The big picture: Air travel from South Africa, Botswana, Zimbabwe, Namibia, Lesotho, Eswatini, Mozambique and Malawi will be restricted starting on Monday.