Anyone who knows Joe Biden is familiar with the story of how he became a wealthy man when he was the vice president, where he leveraged his fame to sell books and to deliver speeches.
Joe Biden has a history that includes both financial and wealth hardships and spent many years as a “middle class” before finally obtaining his wealth.
There was even a point where he was known as the “poorest man in Congress”. However, things took a turn and he is now among the richest men on the Forbes list.
|Net Worth of Joe Biden||$17.3 million|
|Full name||Joseph Robinette Bidden|
|Date of birth||November 20, 1942|
|Born country||Scranton, Pennsylvania|
|Nickname||Amtrak Joe, Uncle-in-chief, and Cup of Joe|
What is Joe Biden’s Net Worth?
Joe Biden has been reported to be worth $17.3 million, which is considered to be more than his net worth in his earlier career.
This number was obtained from Forbes and was calculated in 2019.
This total is derived based on the total portfolio of Joe Biden which includes his two homes with his wife worth $4 million in Delaware, cash and investments worth $4 million, and his federal pension that is approximated to be more than $1 million.
Who is Joe Biden?
Joseph Robinette Bidden, commonly known as Joe Biden, is an American politician, who is also the 46th president of the United States of America.
He is a member of the democratic party and served as the 47th vice president of the United States from 2009 to 2017. He served under the presidency of Barrack Obama.
Joe Biden is known for his amazing leadership qualities that have been seen evidently in how he carries himself when a duty is delegated to him.
This is one of the reasons why he was trusted with the people and represented Delaware for 36 years in the United States senate.
His leadership gave the people comfort that he was going to restore America’s leadership and build the communities by making them better.
Early Life of Joe Biden
Joe Biden is the firstborn of four siblings. Biden’s mother was of Irish descent and had roots that variously attributed to County Londonderry. On the other hand, his father had English, French and Irish ancestry.
Biden’s father had a very affluent lifestyle in his adulthood. He works as an executive for Sheen Armor Company.
This was a successful business that based its focus on sealants. This business was founded by a family member and prospered during the period of World War 11.
His family then relocated to the suburbs outside Boston. This was where his father was running the office’s company branch.
For many years, Joe was forced to live with his maternal grandparents as his parents were trying to make things fall in place again.
Biden then attended St. Paul’s primary school in Scranton. While in this school, he made so many lifelong friends.
Unfortunately, the Scranton area experienced an economic decline in the 1950s, and this resulted in Biden and his family moving again since his father could not find work that could sustain his whole family.
They kept moving because of circumstances, especially since he was coming from a middle-class family.
He attended two more catholic schools and during this period, he had considered becoming a priest.
He attended the Archmere Academy where he stood out as the best receiver on the football team.
Excelling in sports was something that was very important to Biden and gave him, a way of gaining social acceptance.
In terms of academics, Biden was an above-average student and was known to be a natural leader among his classmates.
He was elected as the class president during his junior and senior years before graduating in 1961.
Biography of Joe Biden
Joe Biden was born on November 20, 1942, at St. Mary’s hospital in Scranton, Pennsylvania.
His father is Catherine Eugenia who was commonly known as “Jean” Biden to many people, and his father is Joseph Robinette Biden Sr.
He is the oldest child in a catholic family, with his other siblings being Valerie, his sister, and two brothers, Francis and James.
He is married to Jill Biden (June 17, 1977-present). He married his ex-wife Neilia Hunter from August 27, 1966, to December 18, 1972, when she passed on.
Joe Biden is the father to Beau Biden (born 1969- died 2015), Hunter Biden (born 1979), Naomi Biden (born 1971- died 1972), and Ashley Biden (born 1981).
At age 29, Joe Biden became one of the youngest people to ever be elected to the United States senate.
This shows that he was indeed a true leader from a tender age and was trusted by many people to bring change to the United States and the world as a whole.
A few weeks after he was elected to the senate, tragedy struck his family where his wife Neilia and daughter Naomi were killed, and his sons Hunter and Beau were injured in a car accident.
Biden was sworn into the senate while by his son’s bedside. He began commuting every day so that he could be with his family.
Known to come from a middle-class family, Joe Biden struggled as a young boy and worked his way through to success.
There are a couple of assets that Joe Biden, together with his wife own as a family. One of his assets is his new vacation home in Rehoboth Beach, Delaware.
This is one of the assets that he has invested in and is known for. His two homes in Delaware have been estimated to be worth $4 million dollars combined.
Net Worth Milestones
At the beginning of his 2020 presidential campaign, Forbes estimated Joe Biden’s worth to be approximately $9 million.
Over the course of his tenure, his salary was estimated to have increased from $42,500 per year to $174,000 per year.
After being elected as the Vice President, his raise increased to a rough estimate of $230,000 per year.
His books deals also contributed to him getting a huge sum of money.
Was Biden a good leader?
This is one of the questions that many people have asked about Joe Biden. From his service to the people, you can tell that he was a good leader who was trusted by many people.
Who is Joe Biden?
He is the 46th president of the United States of America.