Former President Barack Obama has been quiet during the various investigations into corruption at the FBI. But now he’s back in action and he just made embarrassingly elitist comments while speaking in South Africa on Tuesday. Watch (below) as the former President brags about how much money he has. (RELATED: Obama Visits Kenya, Declares He’s a ‘Citizen of the World’).

Obama was quick to take thinly-veiled shots at President Donald J. Trump and his administration for undoing eight years of Obama-era policies. The event was supposed to honor the late Nelson Mandela, but Obama never misses a chance to promote left-wing causes and jab Republicans.

Obama opined, “For almost all countries, progress is going to depend on an inclusive market-based system – one that offers education for every child, that protects collective bargaining and secures the rights of every worker. That breaks up monopolies to encourage competition and small and medium-sized businesses and has laws that root out corruption and ensures fair dealing in business, that maintains some form of progressive taxation so that rich people are still rich, but they’re giving a little bit back to make sure that everybody else has something to pay for universal healthcare and retirement security, and invest in infrastructure and scientific research that builds platforms for innovation.”

Then, Obama added, “I should add by the way right now I’m actually surprised by how much money I got, and let me tell you something I don’t have half as much as most of these folks or a tenth or a hundredth,” Obama said arrogantly. “There’s only so much you can eat, there’s only so big a house you can have, there’s only so many nice trips you can take. I mean, it’s enough.”

Watch the cringe-worthy remarks below:

What is Obama’s strategy here? He’s always calculated and shows no signs of leaving Washington, D.C. like most presidents do. As we see from thousands of texts from politically biased FBI agents Lisa Page and Peter Stzok, the outrageously criminal effort to hurt Trump’s campaign seems to have been orchestrated in the Obama White House. Perhaps Obama is sending a sign that he’s ready to fight back, and signaling to his friends in the liberal media that it’s time to circle the wagons.

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