Joe Biden’s Net Worth in 2022

Joe Biden

Joe Biden: Who Is He?

Joe Biden, sometimes known as Joseph Robinette Biden Jr., is an American politician and lawyer. From 2009 to 2017, Biden served as the 47th Vice President of the United States, serving two terms.

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Between 1973 and 2009, Joe Biden served as the Senator representing Delaware, where he spent seven terms. He is now running for President of the United States as a member of the Democratic Party’s ticket.

A few quick facts

Full Name:Joseph Robinette Biden Jr.
Popular Name:Joe Biden
Gender:Male
Birth Date:November 20, 1942
Age:79 years
Parents:Joseph Robinette Biden Sr. and Catherine Eugenia “Jean” Biden
Siblings:Francis W. Biden, James Brian Biden, and Valerie Biden
Birth Place:Scranton, Pennsylvania
Nationality:American
Ethnicity:English, Irish, and French
Education:St. Paul’s Catholic Elementary School in Scranton, Archmere Academy, University of Delaware, and University of Syracuse Law School
Marital Status:Married. Previously married to Neilia Biden (from 1966 until her death in 1972)
Sexual Orientation:Straight
Wife/Spouse:Jill Tracy Jacobs Biden
Children:3 from his first marriage – Joseph R. Biden III (deceased), Robert Hunter Biden, and Naomi Christina Biden (deceased); and 1 from his current marriage – Ashley Blazer
Dating:N/A
Net Worth:USD 9 million (as of August 1, 2021)
Source of Wealth:Politics, Law, Writing, Speaking Engagements, and Other Ventures
Height:6′ 0″ (1.83 m)
Weight:82 kg; In pounds: 180 lbs.

Career and Early Life Information

Joe Biden

Joe Biden was born in Scranton, Pennsylvania, on November 20, 1942, to Joseph Robinette Biden Sr. and Catherine Eugenia “Jean” Biden. In 1961, Biden graduated from Archmere Academy and went on to the University of Delaware, where he earned a bachelor’s degree in 1965. In 1968, he graduated from Syracuse University College of Law with a law degree.

Joe Biden opted to enter politics after deciding against pursuing a career as a lawyer. In 1972, he ran for Senator of Delaware and was re-elected to the position a record six times.

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After winning the 2008 presidential election alongside Barack Obama, Biden resigned as a Senator from Delaware. In 2012, Obama and Biden were re-elected to the White House.

Joe Biden is determined to return to the White House, this time as President of the United States, after leaving as Vice President in 2016.

What Is the Net Worth of Joe Biden?

Joe Biden

Joe Biden, before becoming Vice President, regarded himself to be one of the poorest members of Congress, referring to himself as “middle-class Joe.” His net worth at the time was a meager $500,000. If these data are correct, he was undoubtedly one of the congress’s poorest members.

Biden made a total of $215,432 in 1998, according to his publicly available tax records. His yearly income remained stable at roughly $200,000 in the following years, until 2009 when it jumped by $55,000 due to greater pension and social security payments.

Biden’s net worth was estimated to be $1.5 million at the end of his stint as Vice President. Joe Biden was making up to $400,000 per year as he prepared to leave office in 2016. Many people anticipated those numbers to fall once Biden departed the White House. They didn’t, though. Biden’s net wealth has risen dramatically in the years since he left the White House.

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According to reports, he and his wife, Jill, have made up to $15 million from book sales and speaking appearances alone. Biden made $11 million in 2017 through his numerous pursuits. He earned $4.6 million the next year. Joe Biden’s net worth is $9 million as of August 1, 2021.

Throughout his career as a lawyer and politician, Biden has always given public remarks. However, in recent years, he has had tremendous success as a lecturer and book. His public talks and book deals now bring him thousands of dollars.

For example, in 2018, he earned $190,000 from a speech he gave at Drew University in New Jersey. Between 2017 and 2018, Biden gave a total of 40 talks and was paid a 5- or 6-figure sum for each of them.

Joe Biden’s profits as an author have come mostly from a $10 million, the three-year agreement he and his wife signed with Flatiron Books after leaving the White House. After releasing Promise Me, Dad, a book about his son’s death, Biden went on a book tour to promote it. He stopped at least 40 times. Basic tickets cost $25 at each of his trips, while VIP tickets cost $450.

It’s also worth remembering that, while not receiving a salary as vice president, Biden is still eligible for a government pension worth up to $250,000 a year.

Joe Biden has had real estate holdings as well. His principal house is a home in Wilmington, Delaware’s Greenville area. The Bidens bought the house for $350,000 in 1997, and its current value is believed to be in the millions of dollars. Biden and his wife bought a new house in Delaware for $2.74 million in 2017.

Rehoboth Beach is home to this 6-bedroom vacation property. Still, with real estate, the Bidens are thought to have made around $170,000 in rental revenue. While Biden was still vice president, the couple reportedly rented out their guest house to Secret Service operatives for $2,200 per month.

CelticCapri Corp. has also made a substantial contribution to Joe Biden’s wealth. Joe and Jill employed this company to help them with their job after they left the White House, and Biden allegedly earned $425,000 from it.

However, Joe’s financial situation hasn’t always been ideal. His major residence in Delaware became his lone financial asset at one time, and the former VP was perpetually on the verge of bankruptcy. Biden obtained many loans against his house, according to records, and his debt was equal to the cash value of his life insurance between 1983 and 2015.

Joe Biden’s Life Lessons

  1. Be yourself at all times.

Joe Biden has been cited as saying that if he were elected president of the United States, he would not modify his personality.

  1. You must be a warrior

During his first year as Senator of Delaware, Biden’s first wife and daughter were killed in a car accident. His political career was imperiled by the tragedy, but the warrior in him kept him going.

  1. Failure is an inevitable element of success.

Every now and again, we all fail. Our ultimate measure, though, is whether our failure drives us to give up, not how many times we fail. “Failure is unavoidable at some time in your life, but giving up is unacceptable,” stated Bidens.

Joe Biden Famous Quotes

“A lucky person wakes up, places both feet on the floor, understands what they’re going to accomplish, and believes it still counts.”

“Rather than telling me what you value, show me your budget, and I’ll tell you.”

“We cannot rely solely on the government for our future. The final solutions are found in the attitudes and actions of the people of the United States.”

“We need to reignite the flame of optimism in our culture because nothing suffocates America’s potential like unbridled cynicism and apathy.”

“When you look at your kids and realize they turned out better than you, you know you’ve succeeded.”

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Conclusion

Joe Biden brings a plethora of leadership experience to the 2020 presidential election. With his experience as a Senator and Vice President, as well as his progressive sociopolitical ideas, Biden may be the best candidate for the role. However, as the adage says, “may the best man triumph.”

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