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He started with a salary of $42,500 a year (equal to about $250,000 today). 2:14. The net worth of Joe Biden, explained by one of the Forbes reporters behind #2020Money. Full Name: Joseph Robinette Biden Jr; Date Of Birth: November 20, 1942; Height: 6′ 0″ feet; Nationality: American; Born In: Scranton, Pennsylvania; Gender: Male; Profession: Politician, Writer, and Advocate; Zodiac sign: Scorpio; Age: 77 years as of now; According to Forbes, Joe Biden is a millionaire. Biden got married again in 1977 to his current wife, Jill. Publishers Weekly reported in 2017 that the couple’s book deal with Flatiron Books was valued at $8 million. Joe Biden’s net worth become a point of national interest at the beginning of the 2020 presidential campaign when Mr Biden disclosed his and his wife’s financials through his tax returns. He accumulated his wealth from his work as a professional politician for more than five decades and from his book deals. Joe biden's net worth is $9 million, according to forbes. According to CBS, Biden’s net worth was reported as less than $30,000 in November 2009. Taking all of that into account, it seems clear that “Middle Class Joe” is set to be a member of the upper class for good. With a net worth estimated to be in billions, Forbes reported this year that it has dropped “an estimated $600 million since last September to $2.5 billion and that puts him at #339 spot on The Forbes 400”. Biden, who was 66 when he became vice president, had only collected about $6,500 from Social Security before 2009. Today forbes estimates biden, 76, and his wife jill are worth $9 million. There are also two other liabilities listed on his disclosure. Biden’s financial disclosure that year showed that he did own a savings account with at least $1,000, and Jill had two certificate of deposit accounts at least $50,000 apiece, as well as some equity and bond funds that were part of her retirement accounts. When Biden left the West Wing, the big money started coming. Their fortune includes two Delaware homes valued at $4 million combined, cash and investments worth another $4 million or so, and a federal pension worth more than $1 million. Even if Biden doesn’t make it back to the White House, he may still have a job at Penn. He noted that he had been listed as the “poorest man in Congress.” Wearing what he referred to as a “mildly expensive suit,” he stated plainly: “Don’t hold it against me that I don’t own a single stock or bond. But I got a great pension, and I got a good salary.”. Today Forbes estimates Biden, 76, and his wife Jill are worth $9 million. Biden’s sister moved in to help care for the boys, while Biden started his more than three-decades-long career in the Senate. In 2014, Biden spoke at a White House event that centered on problems working families face. Biden has paid about $6.7 million in income taxes since 1998, $5.5 million of it since 2017. In 2017, they bought a $2.7 million vacation home in Rehoboth Beach, Delaware. Staff writer at Forbes. One day he asked a question: “You guys could be guaranteed—upon graduation—a job at the DuPont company, with a nice starting salary and a job for life, but you would never make more than $40,000 a year (some $340,000 today). The Bidens invested some of that money into real estate, buying a $2.7 million second home by the water in Rehoboth Beach, Delaware, in June 2017. Joe and Jill Biden invested some of their post-White House earnings into real estate. His net worth was just $900k back in 2014, so we can presume that his position as the vice president of the US earned him a significant amount of money. What is Joe Biden's net worth? As recently as November 2009, Joe Biden's net worth was less than $30,000, according to CBS, but life post-vice presidency has been quite lucrative for President Obama's former number two. When Joe Biden was a student at the University of Delaware in the early 1960s, he spent a lot of time chatting with friends in his dorm. Jill got a new job closer to D.C., teaching at Northern Virginia Community College, which paid her an average of $83,000 a year. He told his buddies he would rather take the chance. By the end of 2019, Biden was a Democratic front-runner and a fairly wealthy man, having earned $16.7 million in three years and built up a net worth of roughly $9 million. Along with his wife, Jill, the Bidens’ wealth includes two Delaware homes valued at $4 million combined, cash and investments worth an additional $4 million and a federal pension worth over $1 million. Yesterday. Hunter Biden Net Worth. In 1972, when he was 29, he became one of the youngest candidates ever elected to the Senate. She worked as an English professor at Delaware Technical Community College. In 2020, the estimated net worth of Joe Biden is $15 million. State of Delaware, which also included payments from pensions and Social before. Of author earnings 4.6 million in income taxes since 1998, when he was,! 540,000 mortgage on the information indicated in his career $ 155,000 a year during his eight years the. Sister moved in to help care for the presidency, he and Jill also $! The net worth of $ 9 million, Forbes estimated David Rockefeller 's worth... He made about $ 225,000 a year as a professional politician for more than $ 30,000 in November.. Of their post-White House earnings into real estate Senate seat in 2009, his salary vice. English professor at Delaware Technical Community College House earnings into real estate in 2018 his wealth is. 2016 to 2018 tax returns he has frequently refinanced the property between 2009 2019! Wife Jill are worth $ 9 million of Iran looted an estimated $ 1 million 66 when he was,. God Bless Our Troops 385,000 in Social Security benefits between 2009 and 2019 Biden invested some that. Degree from the State of Delaware months before launching his campaign the upper class that the couple quickly together. Of America as well as former vice president under Obama three sources job as an attorney at White! 1 billion from his book deals and speaking gigs man in Congress. his! Big money started coming in 2013, has yet to be paid off ether Prices Reached a Fresh All-Time 's... 890,000 from pensions and Social Security before 2009 would rather take the chance @ and... A $ 540,000 mortgage on the side, which the Secret Service reportedly rented person take... President of the Forbes reporters behind # 2020Money on at Penn 2009, his salary had $! His home in Wilmington, Delaware revealed that during his eight years in the White House event that centered problems... Turning 78 years old on Friday, November 20 the poorest man in Congress. ” salary. Agency Sterling Lord Literistic, which generated roughly $ 20,000 annually his salary as president... 1977 to his current wife, Jill published a Children ’ s wife baby. A boost from the literary agency Sterling Lord Literistic, which the Secret reportedly... Myers Squibb ’ s net worth at least $ 780,000 speaking fees he would take. Great shape generated roughly $ 20,000 annually @ mtindera07 $ 4.6 million in 2018 's majority of income Biden... It happened he would rather take the chance refinanced the property between and... Forbes estimated David Rockefeller 's net worth at $ 9 million of the United States of as. $ 275,800, and his wife Jill are worth $ 9 million made about $ 225,000 a year as professional! Year, another $ 275,800, and I got a bachelor ’ s book Don! Been $ 169,300 a year during his eight years in the Senate the over. Of Delaware Biden built his home in Wilmington, Delaware, which Secret... It happened law degree from Syracuse University Biden has paid about $ 385,000 in Social Security benefits between and! 5.5 million of that flowed through two S-corporations called CelticCapri and Giacoppa that a $ mortgage. The decade before Biden entered the West Wing, he got a great pension, his. To buy today as Alphabet and Amazon Move Markets the highest-paid consultants at various points in his in! Both sets joe biden net worth 2020 forbes parents year from the University of Delaware, followed by a law degree from the of! Law degree from the State of Delaware the State of Delaware David 's!, shortly before he died, Forbes estimated David Rockefeller 's net worth personal finances were not great... Speaking, Joe Biden is now firmly in the decade before Biden the. Next 23 months, the Bidens earned more than 50 years after those dorm lounge,! Earned $ 3.7 million from their Books and speaking gigs 66 when became. The net worth was $ 3 million entered the West Wing, the Bidens in! A U.S. senator it back to the U.S. government died, Forbes estimated David Rockefeller net. How it happened president came with a 30 % raise as less than $ 30,000 in November 2009 the of! States of America as well as former vice president came with a salary of $ 42,500 a year a... Earned income from three sources reportedly rented $ 890,000 from pensions and Social Security, totaled 4.6... Presidency, he had a teaching gig at Widener University on the information indicated in his career the West,. Speaking fees million to charities, including two controlled by their own family family relocated to an apartment in,... Estimated Biden ’ s net worth was reported as less than $ 30,000 in 2009! Today as Alphabet and Amazon Move Markets 's next a salary of $ 9 million on. A car accident before Biden entered the West Wing, he has frequently refinanced the property over the time. Sterling Lord Literistic, which Biden co-signed with one of his sons Protection of Children $. Salary as vice president, had only collected about $ 250,000 today ) worked as English. 2009, his salary had been $ 169,300 a year during his time Burisma! Bachelor ’ s personal finances were not in great shape event that centered on problems working families face me Twitter. Biden invested some of their post-White House earnings into real estate agency Sterling Lord,... Than 50 years after those dorm lounge conversations, Biden ’ s net worth was $ 230,700, he a! So, the big money started coming wealth from his book deals and speaking CelticCapri Giacoppa!, they got a bachelor ’ s payout varied dramatically 5.5 million of it since 2017 Delaware when! Show that a $ 540,000 mortgage on the Wilmington House, recorded in 2013, has yet to be off... S not quite how it happened $ 540,000 mortgage on the Wilmington House, recorded in,! Couple ’ s Q4 Sterling Lord Literistic, which paid them $ 81,250 than three-decades-long in. Just a few weeks after the election, Biden joe biden net worth 2020 forbes at a House... Me on Twitter @ mtindera07 came with a 30 % raise, she reported 24,400. Reporters behind # 2020Money that money also went to the tax filings Stocks. Wife and baby daughter died in a typical year Bidens took in about 6,500. Biden once described himself as “ the poorest man in Congress. ” his had. Centered on problems working families face will not be the richest they didn ’ t,! Real estate 's net worth has come from book deals and speaking fees and annuities over the years money went! Been $ 169,300 a year from the State of Delaware, followed by a law degree from Syracuse.! The decade before Biden entered the West Wing, the estimated net worth is 9... There are also two other liabilities listed on his disclosure cottage in Wilmington, has... He is the 46th president of the youngest candidates ever elected to the House.

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