As of 2024, American politician, Joe Biden’s Net Worth is estimated to be $12 Million. Joe Biden receives a salary of $400,000 a year. Explore the riches of Joe Biden, who is the President of the United States. According to various online resources (Wikipedia, Forbes, Bloomberg), the most popular American politician Joe Biden estimated a net worth of around $12 Million. Check out Joe Biden’s Personal Life, Earnings, Salary, and Income Source details here.

Joe Biden is a well-reputed politician from America. He has a notable net worth of almost $12 million. Biden was a senator from Delaware for a long time. After that, he became the Vice President of the United States under Barack Obama. He ran against Donald Trump and defeated him, becoming the 46th President of America in a big win.

Biden was born in the nice city of Scranton, Pennsylvania, and later migrated to Delaware. He went to the University of Delaware and then got a grade in law from Syracuse University. Biden attempted to become president 2 times before becoming the vice president.

Joe Biden is the most senior president ever and has done things such as signing a bill for highways and bridges and providing money to support because of COVID-19. He has also made judgments regarding foreign policy, such as removing armies from Afghanistan and supporting Israel during a battle with Hamas.

Joe Biden Net Worth

Net Worth$12 Million
Annual Income$1 Million  
Monthly Income$95,000 +
Presidential term20 January 2021 –
Party:Democratic Party
Vice presidentKamala Harris (2021–)
Residence  White House
Home in Delaware$2 million
Book Royalties$1 million

Joe Biden Salary

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Joe Biden receives a salary of $400,000 a year. Joe Biden also receives an additional $50,000, which pays for the president’s personal expenses, such as food and dry cleaning. Joe Biden also receives $100,000 as a traveling allowance. Joe Biden will also receive $120,000 as a renovation expense for the White House. In addition to this Salary, Joe Biden receives the following benefits:

  • Free Health Care
  • Free Maids and Cooks
  • Free Security
  • Free Travel

Joe Earnings History

Before becoming Vice President, Biden often named himself “middle-class Joe” and said he was one of the neediest members of Congress. He had less than $500,000 in money and things that he held. He earned almost $215,000 per year from 1998 to 2009. 

Joe earned an extra $55,000 from pensions and Social Security costs in 2009. After Biden left his role as Vice President, he had a notable net worth of around $1.5 million. He made most of his cash by delivering speeches and obtaining royalties from textbooks. In 2017, he earned the highest earnings of $11 million. From 2016 to 2019, Joe and Jill made about $17 million in total.

Joe Biden Net Worth Growth

YearNet Worth (Million)
Joe Biden Net Worth in 2024$12 Million
Joe Biden Net Worth in 2023$11 Million
Joe Biden Net Worth in 2022$10 Million
Joe Biden Net Worth in 2021$9 Million
Joe Biden Net Worth in 2020$8 Million
Joe Biden Net Worth in 2019$7 Million

Joe Biden Assets

It’s been over four decades since Joe Biden ventured into politics. Such a long stint will obviously not come without significant wealth behind him. Joe Biden’s assets include 9 Real Estate Properties, 5 Cars, and 2 luxury yachts. Joe Biden also has over $12 Million in cash reserves secured in banks through Deposits and Government Bonds. Check out Hunter Biden Net Worth.

Due to his current position as President of the US, Joe Biden cannot engage in any financial transactions. Therefore, Joe Biden has safely secured his Assets, Cash, and Investments under his wife’s name. Joe Biden and Jill Biden have invested over $6 Million in stock markets. Joe Biden’s family (including Hunter Biden) owns two ultra-luxury yachts that are worth over $21 Million dollars. These yachts come with some of the best luxury amenities like;

  • Gym
  • Beauty salon
  • Massage room
  • Three dining areas
  • A Dance room
  • Sea-facing pool
  • Mini-Theater

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Joe Biden’s Loans & Liabilities

Over the period of his long career, Joe Biden has taken many loans from banks, either for personal or business purposes. All these loans are now repaid and no longer outstanding. The total liability of Joe Biden was $3 Million dollars in 2005, which has been repaid in full in 2009. Must Read Ron DeSantis Net Worth.

Joe Biden’s Annual Income

There are over 10 real estate properties under Joe Biden and his family’s ownership, through which they receive rent income each month. Joe Biden also has over $5 Million in Bank Deposits and Government Bonds, through which he receives annual interest and dividend payments. The total rental income earned by Joe Biden is over $1 Million dollars annually. The dividend and interest income of Joe Biden is an additional $700,000.

Income From Speeches

Joe and his spouse, Jill, gained around $15 million after departing the White House by delivering speeches and writing textbooks. Joe is a famous speaker and earned thousands of dollars for only one speech. He got $190,000 in 2018 for giving a speech at Drew University in New Jersey. He delivered a whole of 40 speeches from 2017 to 2018, making either 5 or 6-figure amounts each time.

Earnings From Book Sales

Joe Biden and his spouse wrote 3 textbooks after he quit being Vice President. One of the books was about their son’s death. To advertise the textbook, Biden moved on a tour to around 40 places.

Joe’s paychecks have changed over time, as per tax returns. The earliest records are from 1998, when he earned $215,432. From then until 2009, he got nearly $200,000 per year. As he was quitting his role as vice president in 2016, Biden achieved roughly $400,000 each year. By 2017, that amount grew to $11 million. In 2018, he made a little less at $4.6 million.

Rental Income

During Biden’s duration as vice president, Joe and Jill earned $2,200 each month by renting out their guest house to Secret Service members. All around, they made roughly $170,000 from this rental income.

Real Estate

Biden stays in a home in Wilmington, Delaware. Joe and Jill purchased the home in 1997 for $350,000. Other places nearby cost around $2 million. They purchased another big home for $2.74 million located in Rehoboth Beach, Delaware, in 2017. From 2018-2019, they rented a costly villa in Virginia for $20,000 per month.

Cars Collection

We will explore the cars he held, from a Studebaker Champion in 1951 to a Chrysler Letter 300D in 1958 and a Mercedes-Benz 190SL in 1960. We’ll also look at his car journey and see what he’s driving nowadays. Besides, he has a President’s Cadillac limo called “The Beast,” which costs $1.5 million.

Joe Biden Social Media Accounts

InstagramAlmost 19.2M FollowersCheck out
TwitterAlmost 37.7M FollowersCheck out
FacebookAlmost 11M FollowersCheck out
YouTubeAlmost 816K SubscribersCheck out
LinkedInN/ACheck out
PinterestN/ACheck out

FAQs

How much is the salary of Joe Biden?

Joe Biden’s salary is $400,000.

How much is Joe Biden's net worth today?

Joe Biden's total net worth is $12 Million.

How much does Joe Biden make Yearly salary?

Joe Biden earns annually of $1 Million.

What is the eye color of Joe Biden?

Joe Biden’s eyes color is blue.

Where did Joe Biden go to college?

Joe Biden go to The University of Delaware.

Who is Joe Biden’s first wife?

Joe Biden’s first wife name is Neilia Hunter.

What is Joe Biden’s height?

The Heigh of Joe Biden is 6 feet 0 inches (1.84 meters).

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Balance Sheet

Assets:$2 Million +
Inheritance:$8,00,000 +
Gold Reserves:$500,000 +
Luxury Cars:2 +
Luxury Watches:5 +
Stock Portfolio:$0.4 Million +
Crypto Investments:$20,000 +
Investment:$10 Million +
Royalty Income:$2,00,000+
Business Income:$2 Million +
Other Income:$1,00,000 +
Loans & Liabilities:$3,00,000 +
Annual Expense:$,125,000 +
Taxes Paid:$60,000 +

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