Michelle Obama: 'I will not run for president'

There won’t be another President Obama occupying the Oval Office any time soon — Michelle ObamaMichelle ObamaClinton's new enemy: Complacency The Trail 2016: Wikissues VIDEO: Michelle Obama hails Clinton's friendship, experience MORE says she won't make a White House bid.

“I’m going to continue to work with our young people all over the world,” the first lady said onstage during a conversation with rapper and actress Queen Latifah at the South by Southwest festival on Wednesday.

“Not as president. I will not run for president,” Obama continued when asked if she would ever run try to become commander in chief.

The executive mansion resident cited daughters Malia, 17, and Sasha, 14, as two reasons she wouldn’t seek the office currently held by her husband.

“I’ve got these two young people at home,” said Obama, 52. “And being the daughters of the president, just think of that? They’ve handled it with grace and with poise.”

Obama, who was on hand at Austin’s annual music, film and tech fest to deliver the opening keynote address and promote her Let Girls Learn global education initiative, added, “And also there are so many ways to impact the world. You don’t have to be the president of the United States to do wonderful, marvelous things.”