Joe Biden Net Worth: How Much this U.S. President-Elect Has Earned?

The former Vice-president of the USA has now become the President of America. Unlike 45th President of America Donald Trump, the current head of the state, Joe is a longtime politician since 1973. He has served as the United States senator from Delaware from 1973 to 2009. Biden has also served as 47th U.S. President Barack Obama’s V.P. from 2009 to 2017. Donald Trump is a real-estate mogul, and Joe Biden’s personal wealth doesn’t even fall near the previous President. However, some successful ventures by Biden have surely increased his wealth over the years. At the start of Joe’s Presidential campaign, he released his financial deets. He also released his state and federal tax returns for 2016, 2017, and 2018 respectively. Biden’s wealth and how he obtained it is easier to trace because he releases tax returns every year. Biden has spent his life with an amalgamation of wealth and hardship. He is also sometimes referred to as “Middle-Class Joe.” The Squander will take a look at Joe Biden’s Net Worth

Name: Joe Biden
Age: 78
Born: 11/20/1942
Country: United States
Profession: US President
Joe Biden Net WorthImage Credit: ClickOnDetroit

Joe Biden’s Early and Personal Life 

Joseph Robinette Biden Jr. was born November 20, 1942, in Scranton, Pennsylvania, in a Catholic family. Joe has English, Irish and French ancestry. His father was wealthy but had endured major financial setbacks. Biden’s family had lived with his maternal grandparents for years. In the 1950s, there was an economic decline in Scranton, and his father didn’t find steady work. Later on, his father found stable work and became a used car salesman, helping them maintain their middle-class lifestyle. Biden received a Bachelor of Arts degree from the University of Delaware. 

Source: NBC News

In 1966, Joe Biden married Neilia Hunter. The couple had three children. She passed away in a car crash in 1972 along with her daughter while Christmas shopping. His sons Beau and Hunter survived the accident and were taken to the hospital immediately. In 1975, Biden met Jill Tracy Jacobs. Joe’s brother arranged a blind date for him. Joe credits her to renew his interest in politics and life. They got married in 1977 by a Catholic Priest at a Chapel. Currently, Jill Tracy Jacobs is Joe Biden’s wife and First Lady of America. The couple has one daughter together, Ashley Blazer. In 2015, Joe’s son Beau Biden died of brain cancer, while Hunter Biden served as Washington attorney and lobbyist. Joe Biden had four children, out of which two has died. 

Joe Biden – Sixth Youngest Senator in U.S. History 

Source: CBS News

At the age of 30, Joe Biden became the sixth youngest senator in U.S. history. His early senate activities were focused on consumer protection and environmental issue. He was a staunch supporter of greater government accountability. In 1988, he declared his candidacy for 1988, Democratic Presidential Nomination. Joe was considered a strong candidate for his moderate image. His high-profile rank as chair of the Senate Judiciary Committee was also pointing that he could be the next U.S. president. Joe Biden could have been the second-youngest elected President of America after John F. Kennedy. Many people often want to know, how many times has Joe Biden run for President? He didn’t contest for any of the Presidential elections until 2020. 

Joe Biden – U.S. President Barack Obama’s Vice- President 

Source: Black Enterprise

After Joe withdrew from the presidential nomination, Barak Obama said to him that there’s a special place in his administration. Joe declined the vetting offer as V.P. He feared that he would lose his voice in the senate. However, later he changed his mind. In August 2008, Obama announced that Joe Biden would be his running mate. It was because Obama wanted to fill out space with someone on foreign policy and national security experience. Joe Biden served as Vice President of America from 2008 to 2017. 

Joe Biden’s Motivational Quotes 

Corruption is cancer: cancer that eats away at a citizen’s faith in democracy, diminishes the instinct for innovation and creativity, already-tight national budgets, crowding out important national investments. It wastes the talent of entire generations. It scares away investments and jobs. – Joe Biden

Our future cannot depend on the government alone. The ultimate solutions lie in the attitudes and the actions of the American people. – Joe Biden 

The effects of climate change are real and must be acted on. – Joe Biden 

Reality has a way of intruding. Reality eventually intrudes on everything. – Joe Biden 

The greatest gift is the ability to forget – to forget the bad things and focus on the good. – Joe Biden 

I used to stutter really badly. Everybody thinks it’s funny. And it’s not funny. It’s not. – Joe Biden 

Billionaires Reaction to Joe Biden’s Victory

Esquire Middle East

Billionaires from around the world have congratulated Joe Biden for his victory publicly. Nevertheless, Billionaire Donald Trump hasn’t conceded his defeat till yet. Bill Gates congratulated Biden by tweeting “I look forward to working with the new administration and leaders on both sides in Congress on getting the surging pandemic under control,” he tweeted shortly after Associated Press projected Joe Biden as the winner. Amazon founder Jeff Bezos also congratulated both Joe Biden and Kamala Harris for their victory in the 2020 U.S. Elections. 

Joe Biden Net Worth

After the end of Joe Biden’s term as Vice-President, his financial disclosure pegged that Joe Biden’s net worth is estimated to be around $1.5 Million. Before becoming Vice President of America, he often recognizes himself as the poorest member of Congress and often calls himself Middle-Class Joe. After leaving the White House, he earned a considerable portion of his wealth from book royalties and speeches. Joe Biden earned $11 Million from book advances in 2017. Biden has also earned $100-200,000 per paid speech. In 2019, Joe Biden’s net worth was approximately $12 Million. As of now, Joe Biden’s Net Worth in 2020 has reached $13 Million. 

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