Joe Biden, the 46th President of the United States, is worth an estimated $9 million. His political career began in 1973 when he served as a Senator from Delaware until becoming the Vice President under Barack Obama in 2009. In 2020, Biden defeated Donald Trump in the presidential election and announced his intention to run for a second term in 2024.
As President, Biden earns a base salary of $400,000, with additional benefits such as an expense account, travel account, and entertainment stipend. Before moving into the White House, the Bidens received $100,000 for redecorating. Despite starting his political career with modest means, financial disclosures show that the Bidens’ income has grown significantly over the years, reaching around $17 million between 2016 and 2019.
After leaving the White House, Biden has earned a substantial income from speeches and book deals, with at least $15 million coming from these engagements. Jill Biden, the First Lady, earns $100,000 per year as a teacher. The Bidens have faced debt struggles over the years, taking out loans against their primary residence in Delaware. They also earned rental income from their guest house and invested in real estate properties.
Joe Biden’s personal life has been marked by tragedy, with the loss of his first wife and daughter in a car accident in 1972, and the death of his son Beau in 2015 from cancer. Despite these challenges, Biden’s political career has been expansive, from serving as one of the youngest Senators in US history to becoming President of the United States.
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