Joe Biden's Net Worth, Personal Life, and Career Highlights

Two things remain constant in every presidential competition: candidates' baseless accusations and outbursts. Both were well-known during the 2024 presidential campaign. Joe Biden has held numerous roles in public service throughout the years, including senator, vice president (under Barack Obama), and president. You may learn about Joe Biden's finances, tax records, political career, and more here.

Joe Biden's Net Worth

Joe Biden may not have been "middle class" when he was younger, but his net worth is roughly $10 million. Those close to Biden called him "Middle-Class Joe."

John F. Biden John F. Biden has a net worth of approximately $10 million.

According to PolitiFact, Joe Biden was one of the least wealthy senators before becoming Obama's vice president and, later, president. Joe Biden's wealth increased from $8 million to roughly $10 million once he became president.

However, Woods was mistaken—by almost $30 million. PolitiFact determined that this was "false." Meanwhile, it appears that Woods erased the post.

Presidential Salary

The salary for President Joe Biden's position as President of the United States is $400,000, according to Title 3 of the U.S. Code. Aside from that, he receives a $19,000 entertainment allowance, a $100,000 nontaxable vacation account, and a $50,000 expenditure account per year. Before taking the oath of office, the Bidens received $100,000 to spend on beautiful furniture for their home.

Joe Biden's Net Worth (Real Estate)

Both the president's houses are in Delaware. When combined, they are worth about $7 million. When he took office, the residences were worth $1.8 million less than before. They are now much more valuable because of the robust real estate market.

Joe Biden has always been interested in real estate. When he was around twenty-five, he purchased three homes and eighty-five acres in Maryland. He had ambitious intentions to build an enormous mansion there. Previously, he rented out these houses.

Biden and his family did not stay there; instead, they stayed at a nearby free cottage. They allowed him to stay for free because he worked at the communal pool.

Biden's father bought him a 1967 Corvette Stingray as a wedding gift. The current estimate places its value at approximately $100,000.

Vice President Joe Biden earns $400,000 per year as president. During his first full year in office, from 2021 to 2022, Biden's assets varied from $1 million to $2.65 million, as revealed by White House finance documents released in May 2023.

Next Read: How Much is Kamala Harris's Net Worth and Salary in 2024?

Early Life

Joseph Robinette Biden Jr. was born in Scranton, Pennsylvania, on November 20, 1942. Joe grew up in a Catholic family with three brothers. When he was younger, they went through a difficult period. As the Scranton economy collapsed in the 1950s, his father could not find employment. Joe's father eventually found work selling used automobiles in Delaware, so the family relocated there.

Joe Biden formerly served as his high school class president and played football. He studied history and politics at the University of Delaware and played football. He received his bachelor's degree in 1965.

Joe went on to earn his J.D. from Syracuse University's College of Law in 1968. During this period, he faced accusations of plagiarism. Biden avoided having to fight in the Vietnam War while he was a student. Joe had always been active. When he finished, he received a medical deferral for asthma and was allowed to resume practicing sports.

Joe Biden's Political Career

In 1972, Biden's election from Delaware made him one of the youngest senators in history. He was just 29 years old. Regrettably, a vehicle accident shortly after his election claimed the lives of his first wife, Neilia, and their young daughter, Naomi. Because of the disaster, he decided to take the train to the Senate.

During his time in the Senate, Biden oversaw several federal bodies. He achieved this by leading the Senate Judiciary Committee, the Senate Foreign Relations Committee, and several others. He was unsuccessful in his attempts to run for president in 1988 and 2008. Barack Obama appointed Joe Biden as his vice president from 2009 to 2017. On January 20, 2021, also known as "Inauguration Day," he took his oath of office.

Biden has achieved several significant political achievements.

• 1990: they introduced the legislation that would eventually become VAWA. This measure addressed domestic violence and abuse.
• 2002: He initially supported allowing military action in Iraq but changed his opinion and came out against the conflict.
• 2010: Contributed to enacting the Patient Protection and Affordable Care Act.
• 2020: The President of the United States is sworn in.
• 2021: Democrats and Republicans signed into law an infrastructure plan that included a $1.2 trillion investment in roads, bridges, and public transportation.
• 2022: The Respect for Marriage Act, which became law in 2022, clarified that the federal government would recognize and support LGBTQ+ and mixed-race weddings.
• 2023: The Fiscal Responsibility Act, signed into law in 2023, stopped increasing the national debt and set spending limits for two years.

Personal Life

Joseph Robinette Biden Jr., an American politician, was born on November 20, 1942. He is the 46th president, having taken office in 2021. He was a Democrat who served as Delaware's senator from 1973 to 2009 and as Obama's 47th Vice President from 2009 to 2017.

In 1966, Joe Biden and Neilia Hunter tied the knot. Joe and Neilia gave birth to three children, two of whom were Hunter and Beau Biden. In December 1972, a tragic vehicle accident claimed the lives of Neilia and their one-year-old daughter, Naomi.

Joe and Jill Jacobs went on a date in 1975, having never met. She was their only child, born after their marriage in June 1977. Biden has seven great-grandkids.

 Biography

 FAQs

Q. What is Joe Biden's net worth in 2024?

According to online sources, Joe Biden's net worth in 2024 is $10 million.

Q. What number of presidents is Biden?

U.S. Chief Justice John Roberts swore in Joe Biden as the 46th president of the United States.

Q. What is the age of Joe Biden in 2024?

Joe Biden is 82 years old in 2024.