Joe Biden Net Worth 2025, Life Events, Earning Breakdown
He called him one of the poorest Senator members and now one of the wealthiest presidents. Joe Biden’s Net Worth is nearly $10 million. He is a US politician who was a senator of Delaware from 1973 to 2009.
Below, we will intensely discuss his career, life history, and earnings.
What is Joe Biden’s Net Worth according to Forbes?
America’s economy is booming, yet many people don’t feel any richer. All this is due to many underlying complications, including stagnating home values, flat wages, high interest rates, and stubborn inflation.
Many people, rightly or wrongly, blame Joe Biden for those issues, and he is also affected by those issues. Forbes estimates his net worth at $10 million, including his home, mansion, and other real estate assets.
The Early Stages of Joe Biden’s Capital Growth
At the beginning of his career, Joe also made ends meet like an ordinary man with limited resources. As he started reaching his goals, his capital grew to a decent amount.
Let’s break down his earnings in detail.
Income and Salary
As president of the US, Joe receives $400,000 annually. Below are more details of his earnings throughout the years.
| Year | Source | Estimated Earnings |
|---|---|---|
| 1973–2009 | U.S. Senator from Delaware | $42,500–$174,000 |
| 2009–2017 | Vice President of the United States | $225,000 annually |
| 2017–2019 | Post-Vice Presidency Income | $11–$17 million |
| 2019–2020 | Presidential Campaign Activities | $1 million annually |
| 2021–2025 | President of the United States | $400,000 annually |
Earnings from Speeches
After Joe left his president’s role, he became an in-demand public speaker. He earned thousands of dollars for a single speech in a single day. He and her wife, Jill Biden, earned more than his actual net worth from public speaking, a minimum of $15 million.
In 2018, he earned $190,000 for one speech at Drew University in New Jersey. Let’s discuss his earnings from two years of speeches to get an idea of his earnings through public speaking.
| Year | Total Speeches | Estimated Generated Revenue |
|---|---|---|
| 2017-2018 | 40 | $4,000,000–$7,600,000 |
Book Deals Revenue
When his political career was going to end, he generated a nice amount of $10 million from his book deal. The most famous books of Joe Biden is
- Promise Me, Dad (2017)
- Promises to Keep (2007)
He also conducted a promotional tour for his book Promise Me, Dad, which earned him a considerable profit. Here, you can check the revenue earned from his books.
Joe also earned $1–$2 million from royalties for books sold.
Rental Property’s Earnings
Joe and Jill rented their guest house to Secret Service members, earning around $2,200 monthly. They made roughly $170,000 from the rental during that time. Check out our comprehensive article on Travis Kelce Net Worth for additional information.
Real Estate Deals
Joe did what he always did! He invested in real estate and earned unusual profits of $2.7 million.
They also bought a six-bedroom vacation home in Rehoboth Beach for $2.74 million in 2017 and charged $20,000 a month to rent a luxurious $4 million property in McLean, Virginia, from 2018 to 2019.
Debt’s Details
After getting deep into Joe’s financial details, it becomes clear that he struggled throughout his life to pay his debts. He took out loans between 1983 and 2015 using the cash value of his life insurance policies, which have a maximum payout of about $50,000.
Additionally, according to documents in 2015, he obtained a mortgage on his house in 2013 and owed between $500,000 and $1 million.
Awards and Achievements of Joe Biden
Joe Biden has won many awards in his career, some of those are listed below.
| Year | Awards / Achievements |
|---|---|
| 2001 | John Heinz Award for Greatest Public Service |
| 2011 | Presidential Medal of Freedom with Distinction |
| 2013 | Legal Writing Institute Golden Pen Award |
| 2016 | Congressional Patriot Award |
| 2020 | Time Magazine’s Person of the Year |
| 2021 | Honorary Doctorate from the University of Pennsylvania |
| 2021 | George H.W. Bush Award for Statesmanship in Service |
| 2022 | Global Leadership Award |
| 2023 | Nobel Peace Prize Nomination |
Biography Details of Joe Biden
Joe’s life journey is a roller coaster of ups and downs. Now, we will discuss his personal life events and relationships in detail. If you want to know him better, continue reading. Enhance your understanding by reading our in-depth post on Katt Williams Net Worth.
Personal Details
| Biographic Elements | Details |
|---|---|
| Full Name | Joseph Robinette Biden Jr. |
| Date of Birth | November 20, 1942 |
| Place of Birth | Scranton, Pennsylvania, USA |
| Parents | Father: Joseph Robinette Biden Sr.Mother: Catherine Eugenia “Jean” Finnegan |
| Spouse | Jill Biden (married since 1977); previously married to Neilia Hunter Biden (1966–1972, deceased) |
| Children | Beau Biden (deceased), Hunter Biden, Naomi Biden (deceased), Ashley Biden |
| Education | University of Delaware (Bachelor’s in History and Political Science, 1965)Syracuse University College of Law (Juris Doctor, 1968) |
| Religion | Roman Catholic |
| Political Party | Democratic Party |
| Career Highlights | U.S. Senator from Delaware (1973–2009)Vice President of the United States (2009–2017)President of the United States (2021–present) |
| Primary Sources of Wealth | Government salary from Senate, Vice Presidency, and PresidencyBook deals ( “Promise Me, Dad” and “Promises to Keep”)Speaking engagementsJill Biden’s teaching salary |
| Notable Achievements | 1994 Violence Against Women Act (as Senator)Oversaw economic recovery efforts during the 2008 financial crisis (as Vice President)Advocate for expanded healthcare coverage (Affordable Care Act)Leadership during the COVID-19 pandemic as PresidentHistoric bipartisan infrastructure law |
| Residence | Primary home in Greenville, DelawareBeach house in Rehoboth Beach, Delaware |
| Awards and Honors | Presidential Medal of Freedom withDistinction(awarded by Barack Obama in 2017) |
| Books Authored | Promises to Keep: On Life and Politics (2007)Promise Me, Dad: A Year of Hope, Hardship, and Purpose (2017) |
Early Life
Joseph Robinette Biden Jr. was born in Scranton, Pennsylvania, on November 20, 1942. His family, which included his three siblings and a Catholic home, had difficult times when he was growing up. The financial crisis in Scranton in the 1950s made it difficult for his father to find a job, so the family moved to Delaware, where he found work as a used car dealer.
High School life
Joe joined the high school football team and was appointed class president. He pursued his sports goals at the University of Delaware, majoring in political science and history and playing collegiate football. He completed his bachelor’s degree in 1965.
Law College
Joe then attended Syracuse University College of Law, graduating in 1968 with a law degree. While he was there, he was accused of plagiarism. Joe could postpone his draft because he was still a student during the Vietnam War. Still, regardless of his lifelong athletic career, he received a medical deferment for asthma when he graduated and regained his eligibility.
Marriages and Children
In 1966, Joe Biden married Neilia Hunter. They bring three kids into the world, including Hunter and Beau. Unfortunately, in December 1972, Neilia and their young child Naomi, who was just one, lost their lives in a car accident.
In 1975, Joe went on a blind date with Jill Jacobs. They were married in June 1977, and Ashley is their daughter. Biden is a proud grandfather to seven grandchildren.
Sadly, in May 2015, Joe’s son Beau died of cancer.
Jill Bidens salary
Jill Biden teaches at Northern Virginia Community College and makes $100,000 annually.
Present Residence
Joe Biden’s primary residence is a serene estate in Greenville, Delaware, which he purchased in 1998 for $350,000. He also lived in the White House in Washington, D.C, as president.
Frequently Asked Questions (FAQs) about Joe Biden
Conclusion
From a financially struggling household to being the 47th president of the U.S. Joe Biden has a net worth of approximately $10 million. He faced struggles and financial issues throughout his life. After that, he earned a massive profit through book deals, public speaking events, and real estate deals.
His journey is a reminder that challenges can lead to growth, and his dedication to public service inspires people worldwide. You can visit showbizztoday.com for more trending posts.