Joseph Robinette Biden Jr., born November 20, 1942, is the 46th president of the United States since 2021. He previously served as the 47th vice president under Barack Obama and represented Delaware in the U.S. Senate from 1973 to 2009.
As president, he signed the American Rescue Plan, passed bipartisan infrastructure and manufacturing bills, and appointed Ketanji Brown Jackson to the Supreme Court.
He managed the 2023 debt-ceiling crisis and responded to international issues like the Russian invasion of Ukraine and the Israel-Hamas war. Biden announced his 2024 presidential candidacy in April 2023.
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Joe Biden’s Net Worth
Joe Biden has a net worth of $9 million. As President, he earns a base salary of $400,000, with additional allowances for expenses, travel, and entertainment. Previously known as “middle-class Joe,” Biden often referred to himself as one of the “poorest” members of Congress,
with a net worth under $500,000. Financial disclosures from 1998 showed an average annual income of $215,000, which rose to $390,000 during his final years as Vice President, boosted by pensions and Social Security payments.
Early life
Joseph Robinette Biden Jr., born in Scranton, Pennsylvania, to Catherine Eugenia “Jean” Biden and Joseph Robinette Biden Sr., is the eldest of four siblings in a Catholic family. The Bidens faced economic challenges during Joe’s childhood, moving to Claymont, Delaware, in 1953.
Joe attended Archmere Academy, where he excelled in sports and was class president. He graduated in 1961 and earned a B.A. in history and political science from the University of Delaware in 1965. Biden overcame a childhood stutter by reciting poetry before a mirror.
Career
Joe Biden, sworn in as the 47th vice president on January 20, 2009, was the first vice president from Delaware and the first Roman Catholic vice president. Biden played a key role in shaping the Obama administration’s policies, especially on Iraq, infrastructure spending, and the Budget Control Act of 2011.
Known for his gaffes, he also built a strong working relationship with President Obama, often acting as a contrarian to foster debate. Biden’s relationships with congressional Republicans were pivotal in passing significant legislation, including the New START treaty and tax relief measures.
Personal life
Biden married Neilia Hunter, a Syracuse University student, on August 27, 1966, despite her parents’ initial reluctance for her to marry a Catholic. The wedding took place in a Catholic church in Skaneateles, New York. They had three children: Joseph R. “Beau” Biden III, Robert Hunter Biden, and Naomi Christina “Amy” Biden.
Who was the richest president in the US?
While numerous presidents have had significant wealth, the title of the richest president may belong to Donald Trump. His exact net worth remains a topic of discussion, as many of his business ventures are privately held.
Conclusion
Joe Biden’s financial trajectory paints a picture of a man dedicated to public service. From a middle-class upbringing to the corridors of power in Washington, D.C., Biden’s net worth is a testament to his years of service, resilience, and the American dream.
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FAQs about Joe Biden’s Net Worth
- What is Joe Biden’s current age?
- Joe Biden is 80 years old as of now.
- Where did Joe Biden obtain his law degree?
- He earned his Juris Doctor from Syracuse University College of Law.
- How did Joe Biden’s father sustain their family financially?
- Joe Biden Sr. was a successful used-car salesman.
- Who might be the richest president in U.S. history?
- Donald Trump is often cited as potentially the richest president in U.S. history.
- What was Joe Biden’s net worth in 2020?
- By 2020, Joe Biden’s estimated net worth was around $8 million.
