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Joe Biden’s Net Worth: How Much He Makes in a Year?

Joe Biden is a politician in the United States. From 1973 to 2009, Joe Biden was a Senator from Delaware. Then, from 2009 to 2017, he was the 47th Vice President of the United States, working for President Barack Obama. In 2020, he was chosen by the Democrats to run against Donald Trump for president of the United States. In November 2020, he beat Donald Trump by a huge margin to become the 46th President of the United States. He won both the electoral vote and the popular vote.

Joe Biden Early Life: A Look at His Childhood

Joseph Robinette Biden Jr. was born in Scranton, Pennsylvania, on November 20, 1942. Joe grew up in a Catholic family with three siblings. When he was young, his family fell on hard times. In the 1950s, when the economy in Scranton was getting worse, his father couldn’t find work. In the end, Joe’s family had to move to Delaware, where Joe’s dad got a job selling used cars.

Joe Biden played football in high school and was also elected class president. During his time at the University of Delaware, where he studied both history and political science, he also played college football. In 1965, he got his Bachelor of Arts degree.

Joe went on to get a law degree from Syracuse University College of Law in 1968. At this time, he was famously accused of copying other people’s work. During the Vietnam War, Biden was able to put off his draught by going to school. Even though Joe had been an athlete his whole life, he was given a medical deferment when he graduated and became eligible again.

Joe Biden Career: When Did Joe Biden Involve First time in Politics?

Biden worked as a law clerk after he graduated from college. He then became a public defender and opened his own law firm. He got involved in politics for the first time in 1969 when he ran for a seat on the New Castle County Council. He won, and almost right away he set his sights on the US Senate.

Even though he was a clear underdog, he won the US Senate race in Delaware in 1972. He was one of the youngest senators in US history when he was elected at age 30. After being in the US Senate for a long time, Joe set his sights on the top job: the Presidency. In 1987, he ran for the Democratic nomination, but he got into trouble when a speech he gave was said to be copied from someone else. Biden finally dropped out of the race because of more problems.

joe biden net worth

Biden ran for the Democratic nomination again in 2008. Even though Biden’s campaign had many good points, his comments about Obama and Indian people turned out to be big mistakes.

He also had a hard time getting money, and neither Hillary Clinton nor Obama took him seriously as a candidate. Still, Barack Obama made him vice president in the end. In 2008, he quit his job in the Senate to work for Obama’s government. In 2020, the Democrats chose Joe Biden as their candidate for president.

Joe Biden’s Net Worth: How Much He Makes in a Year?

Joe Biden makes $400,000 a year as his salary. According to celebritynetworth Joe Biden has a net worth of $9 million. Joe Biden, the 46th President of the United States, has a lot to offer.

How Much Joe Biden Earns From His Speech?

Joe and Jill have made at least $15 million since they left the White House through speaking engagements and book deals. Biden has become a popular public speaker who often gets paid hundreds of thousands of dollars for a single speech. One speech he gave at Drew University in New Jersey in 2018 earned him $190,000. Between 2017 and 2018, he gave 40 speeches and got paid $5,000 or $6,000 for each one.

Earning of Joe Biden From Selling of Books

After Biden stopped being Vice President, he and his wife signed a deal for three books worth $10 million. Joe went on a tour to promote his book, Promise Me, Dad, which was about the death of his son. He made over 40 stops. Simple tickets cost $25, while VIP tickets cost $450 and came with a photo with Biden.

Monthly Rental Income of Joe Biden

Federal financial reports also show that while Biden was vice president, Joe and Jill made $2,200 per month by renting their guest house to Secret Service agents. During this time, they made about $170,000 from renting out their homes.

Joe Biden Real Estate: Assets and Cars

It has been more than 40 years since Joe Biden ran for office. For such a long time, he will need to have a lot of money in the bank. Joe Biden has 9 houses, 5 cars, and 2 luxury yachts that he owns. Joe Biden also has more than $12 million in cash on hand in the form of deposits and government bonds in banks. Find out how much Hunter Biden is worth.

Joe Biden can’t do anything with money right now because he is the Vice President of the United States. So, Joe Biden has put all of his property, cash, and investments in the name of his wife. Joe Biden and Jill Biden have invested over $6 Million in stock markets. Joe Biden’s family, which includes his son Hunter Biden, owns two yachts worth more than $21 million.

Also read: Scooter Braun Net Worth: Where Did Scooter see Justin Bieber?

Joe Biden’s Cars

Joe Biden is a real, born-and-raised American who loves old cars. Joe Biden has spent millions of dollars on vintage luxury cars at auctions over the course of his career. The list of Joe Biden’s cars.

joe biden net worth

  • 1932 Ford Roadster
  • Shelby Cobra
  • Corvette Lincoln
  • Roadster Convertible 1957

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Conclusion

Most likely, Joe Biden will stay in the White House for another two years. This means that Joe Biden’s net worth will only keep going up for a few more years, and then it will stop. Hunter Biden, Joe Biden’s son, has been in the news for all the wrong reasons. This will tell you how the Biden family got so rich.

Joe Biden didn’t get a lot of money from his family. This means that Joe Biden has made all of his money by himself while he was a Senator and President. Joe Biden makes a lot of money each month from his smart investments in the stock market and real estate, which will keep his wealth going up.

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