From Scranton city to Wilmington to the White House, Joseph Robinette Biden Jr. has been through thousands of train rides in between. Starting from a little house on North Washington Avenue, today Joe Biden Net Worth is $9 million. A leader in the Senate, he addressed the scourge of violence against women and later became a friend for life of Barack Obama.
Joe Biden is the president-elect of the United States. He is an American politician, writer, and lawyer by profession who served as 47th Vice President from the time period 2009 to 2017 during the Obama administration. Before becoming Vice President, he was referred to as one of the poorest members of congress or “Middle-Class Joe,” and Biden’s net worth back then was less than $500,000.
After leaving the White House, Joe earned a significant income, particularly from book royalties and speeches, and in 2017 his income was $11 million. When his terms as a Vice President ended, Joe Biden’s net worth was $1.5 Million. If you are still wondering what is Joe Biden’s net worth in 2021, let’s have a look at the details.
|Net Worth:||$9 Million|
|Birth:||November 20, 1942|
|Country of Origin:||United States|
|Country Now:||United States|
|Love Life:||Jill Jacobs (m. 1977) and Neilia Hunter (m. 1966 - 1972)|
|Children:||4 – Beau Biden, Robert Hunter Biden, Naomi Christina Biden, and Ashley Blazer|
|Parents:||Joseph Robinette Biden Sr. (Father), Catherine Eugenia Finnegan (Mother)|
|Siblings:||Valerie Biden (Sister), Francis W. Biden, and James Brian Biden (Brothers)|
|Education:||Attended University of Delaware (BA) and Syracuse University (JD)|
|Source of Wealth:||Politics, Writing, and Speaking Engagements|
|Source of Fame:||President of the United States, Writing, and Speaking Engagements|
Joe Biden DOB is 20th November 1942. Born at St. Mary’s Hospital in Scranton, Pennsylvania, Joe Biden’s early years were spent in Pennsylvania, and later his family moved to Delaware. Biden’s father was wealthy initially, but their family underwent financial crisis at the time Biden was born, and for many years they had to live with Biden’s maternal grandparents.
Joe Biden early life was full of hardships. Along with time, Joseph R Biden Sr. became a successful used car salesman and maintained the family in a middle-class lifestyle. Biden’s family net worth was not much high, but they managed to live a moderate life.
Biden was a poor student; still, he was class president in his junior and senior years. He played baseball and football while studying at Archmere Academy in Claymont. He graduated in 1961.
In 1965, Biden earned a Bachelor of Arts degree with a double major in history and political science and a minor in English from the University of Delaware in Newark, and also briefly played freshman football. He was an average student with a mark C, and today Joe’s net worth is $9 million.
Biden got a Juris Doctor degree from Syracuse University College of Law in 1968, and he was ranked 76th in his class of 85. In 1968, he was admitted to the Delaware bar.
Biden clerked at a Wilmington law firm that was headed by eminent local Republican William Prickett in 1968, and the next year he practiced law first as a public defender and later at a firm that was headed by a locally active Democrat. He practiced law until 1972. In the same year, he became the junior U.S. senator from Delaware by defeating Republican incumbent J. Caleb Boggs.
On 5th January 1973, Biden was sworn on by Francis R. Valeo, secretary of the Senate, at the Wilmington Medical Center’s Delaware Division. At the age of 30, he was the sixth-youngest senator in the history of the U.S.
Vice President (2009–2017)
In 2008 Barack Obama, 44th President of the United States stated that Biden would be his running mate. Permitted by Delaware law, Biden ran for reelection to his Senate seat as well as for vice president. In November, he was re-elected to the Senate, defeating Republican Christine O’Donnell.
On 20th January 2013, Biden was inaugurated to a second term at a small ceremony at Number One Observatory Circle, which was his official residence, with Justice Sonia Sotomayor presiding.
Biden started his career as a professor at the University of Pennsylvania after leaving the Vice-Presidency and continued his efforts to find treatments for cancer. In 2017, he wrote his memoir “Promise Me, Dad” and went on a book tour. Joe Biden’s net worth in 2018 combined with 2017 was $15.6 million.
President-Elect of the United States
In November 2020, Biden was elected as the 46th President of the United States, defeating the incumbent, Donald Trump. He became the first candidate to defeat a sitting president since Bill Clinton defeated George H. W. Bush in 1992.
After Richard Nixon in 1968, Biden is the second non-incumbent vice president who is elected as a president. He is expected to be inaugurated on 20th January 2021 at noon. Although he is not one of the Richest Politicians, he is one of the oldest persons to assume the presidency.
As president of the United States, Joe Biden’s Salary will be $400,000 a year.
Biden’s first marriage was with Neilia Hunter, who was a student at Syracuse University. Biden’s parents were not in support of marrying a Roman Catholic, but despite their reluctance, they got married on 27th August 1966 in a Catholic church in Skaneateles, New York. They had three children; a daughter Naomi Christina “Amy” Biden, two sons Joseph R. “Beau” Biden III, and Robert Hunter Biden.
On 18th December 1972, Biden’s wife and their one-year-old daughter Naomi died in an automobile accident while they were shopping for Christmas in Hockessin, Delaware. They were in a station wagon that was hit by a tractor-trailer truck. Their sons survived the accident, Beau had a broken leg, and Hunter had head injuries with a minor skull fracture.
At that time, Biden decided to resign to take care of his sons, but Senate Majority Leader Mike Mansfield convinced him not to do so.
Joe Biden met his second wife, Jill Tracy Jacobs, in 1975 on a blind date, and they got married in 1977 at the United Nations Chapel in New York. She is a teacher, and Jill Biden’s salary is close to $100,000. They have a daughter named Ashley Blazer, who is a social worker.
Joe Biden Wealth & Assets Details
Joe Biden’s 2009 net worth was less than $30,000. At that time, when people asked who is the poorest US senator, no one can forget about Biden. He was consistently one of the poorest members of the Senate. But this value increased in 2017 and 2018, and he earned more than $15 million. If we talk more specifically, Joe Biden 2017 net worth was $11 million and $4.6 million in 2018.
A large amount of this number came from a multi-book deal with Flatiron Books with the value of $8 million per Publishers weekly, but he earned a sizable income from speaking engagements. He earns $100-200,000 per paid speech.
Joe Biden Residence
Biden’s residence is a home the family built over 20 years ago in Wilmington, Delaware, and this lakeside property is said to be nearly 7,000 square feet. They bought the property in 1997 for $350,000, but today Joe Biden house value is at least $2 million.
The family also bought a 4,800 square feet Delaware beach home in 2017 worth $2.7 million. It is one of the luxurious celebrity homes in Delaware.
The Bidens also rented a lavish mansion recently in McLean, Virginia. It is a 12,000 square feet residence with a gym, marble finishes, parking for 20 cars, and a sauna. The monthly rent for this home is around $20,000.
Some Interesting Facts About Joe Biden
- Biden has two homes in Delaware, as per Forbes, worth a combined $4 million.
- According to financial disclosure by Forbes, Biden earned $16.7 million income from 2017 to 2019 from paid speaking engagements and book royalties.
- Biden’s basic speaking fee was $100,000, but it ranged from $40,000 to $190,000.
- His financial disclosures revealed that the former VP earned $540,000 as a professor at the University of Pennsylvania’s Penn Biden Center for Diplomacy and Global Engagement.
- Joe Biden salary as a senator in 2009 was $169,300, then as Obama’s Vice President Biden salary averaged about $225,000 every year.
- In 1988, Biden underwent brain surgery for two deadly aneurysms, but he came back to work after seven months.
- Biden has a stutter, which he improved in his early twenties by reciting poetry in front of a mirror.
- Biden and Obama had different personalities, but they formed a friendship that was partly based around
- Biden’s granddaughter Maisy and Obama’s daughter Sasha who attended Sidwell Friends School together.
Joe Biden is known to many by the nickname “Middle-Class Joe,” but the current President and former Vice President is actually a millionaire. Forbes estimates that Joe Biden’s net worth of 2021 is $9 million.
I hope you like our details on Biden’s assets and know you know how rich is Joe Biden. If you have any other information to share, do comment in the section below.