Former President Barack Obama will be paid $400,000 to speak at Cantor Fitzgerald's healthcare conference this September, according to a new report.

Obama, whose legacy item was the Affordable Care Act, will deliver the keynote address at the organization's lunch in what will be one of his first paid speeches, Fox Business' Charlie Gasparino reported Monday. Cantor Fitzgerald is a New York City-based financial services firm that specializes in fix incomes sales, institutional equity and trading.

The former Democratic community organizer and Illinois senator has focused his nearly 100 days out of office on relaxing at various locations around the globe and planning for his foundation's library and community center in Chicago.