How Much Is President Joe Biden Worth?
Joe Biden’s Net Worth: With years of experience in politics to his credit, Joe Biden was elected president of the 46th state of the United States on Nov. 7, 2020. Check out how he went from vice-president to senator to president and how he’s made his money throughout the process.
Birthdate: Nov. 20, 1942 Net Worth: $9 million
Principal Income Sources: Book deals and speaking fees
The highlights of his career: 46th president of the U.S.
Joe Biden Net Worth: $9 Million
The net Worth of President Joe Biden has been estimated at $9 million as per Forbes. Along with his wife, Jill Biden, the Bidens have a wealth of two Delaware houses worth $4 million in cash and investments, more than $4 million, and a federal pension of more than $1 million.
While Biden has earned an income that has been steady as an elected official, the bulk of his money is derived from book sales or speaking costs.
Biden’s first salary during his time in the Senate was $42,500 per year ago. When Biden left Senate Senate at the end of 2009, his salary was $169,300. As vice president, Biden’s salary increased to $230,700. Biden will earn $400,000 as president.
Biden’s memoir “Promises to Keep” made him $71,000 in royalties and the rights to audiobooks for $9,500 at the time of publication in 2008.
It’s not much compared to what he’s made since his departure from his position in the White House. Between 2017 and 2019, Biden’s net Worth was over $15 million, according to tax returns reviewed by Forbes.
The figure includes a reported eight million-dollar agreement for books, $1.8 million from book tours, $2.4 million in speaking fees, and $775,000 from The University of Pennsylvania to lead the Penn Biden Center for Diplomacy and Global Engagement as the Benjamin Franklin the president’s Professor of Practice.
Joe Biden’s Political Career
Biden was elected to his seat in the Senate in the State of Delaware in 1972, when he was 29 years old, making him one of the most youthful senators in the history of the Senate.
The first spouse and daughter died in an auto accident just a few weeks after his appointment, an incident that led to his decision to travel to the Senate via train.
While within the Senate, Biden presided over various governmental boards. He served as chair of the Senate Foreign Relations Committee and the Senate Judiciary Committee.
Biden was a presidential candidate twice in the past, once in the 1988 election and another in 2008’s presidential election. Biden was vice president under the presidency of President Barack Obama from 2009 to 2017. Biden began his presidency in the United States on Inauguration Day, Jan. 20. 20, 2021.
Some of Biden’s most memorable political moments include:
- 1990 It introduced the legislation, which later became the Violence Against Women Act (VAWA) which dealt with violence and domestic abuse.
- 2002 The vote was to allow military involvement in Iraq; however, it later criticized the Iraqi conflict.
- 2010. Aided the passage of 2010’s Affordable Healthcare Act.
- 2020Elected as president of the United States.
- 2021 Appropriated a $1.2 trillion infrastructure package that is bipartisan and designed to upgrade bridges, roads, and public transportation
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