How much money does Joe Biden have?
Joe Biden is the 46th US President officially inaugurated on January 20, 2021. The Democrat won the 2020 US election, replacing Republican President Donald Trump. In the US top office, he receives an annual salary of $ 400,000. Joe Biden’s current net worth is estimated at 7.5 million euros.
For a long time, the US president was considered one of the “poorer” politicians in Congress and saw himself as part of the middle class. It was only during and after his vice president that Biden made a fortune performing ($ 40,000- $ 190,000 per speech) and his bestselling book “Promise Me, Dad” ($ 11 million in sales).
A career in politics
Senator for Delaware (1973-2009)
In the 1972 US Senate election, Joe Biden surprisingly won for Delaware at the age of 29 and represented it in the US Senate from 1973.
He was able to repeat this election success a total of five times by 2009 before moving to Vice President’s office under Barack Obama. As a senator, he earned from $ 42,500 (1973) to $ 174,000 (2009) / year during his long tenure of 36 years .
US Presidential Candidates (1988 & 2008)
In 1987 the politician wanted to become US president and announced his office’s candidacy in 1988. After only six weeks, he withdrew from the race because there were serious plagiarism allegations against him.
In 2007, Biden also ran for the Democrats for a possible US presidential election in 2008. However, he had no chance in the Democratic primary. African American Barack Obama won the race and became the top Democratic candidate for the 2008 US election.
Vice President under Obama (2009-2017)
Presidential candidate Obama started the race for the highest office in the United States in 2008 and declared Joe Biden as his vice-presidential candidate on August 23, 2008. Most 28 states won the election, and Vice President Biden was officially sworn in on January 20, 2009. The election for the second term of office of Obama / Biden was also won with an outstanding result, and nothing stood in the way of a second term as Vice President (2013-2017). As Vice President, Joe Biden made $ 230,000 a year.
Originally, Biden also wanted to run as US president against Trump in the 2016 election but decided against it because of his eldest son Beau’s tragic cancer death in 2015. He then supported his Democratic colleague Hillary Clinton in the election campaign against Donald Trump.
President of the United States of America (2021-2025)
On April 25, 2019, Biden announced that he would enter the race for the Democratic presidency in 2021. In the Democratic primary, he was able to win clearly against his challenger Bernie Sanders, who announced his retirement a year later.
On November 3, 2020, the US election turned out to be tough because the counting took until November 7, much longer than expected, due to the high number of postal votes and the high turnout. In the end, it was a hard-fought victory for Joe Biden, who was sworn in as the 46th President of the United States on January 20, 2021, and who chose US Senator Kamala Harris as his Vice President. Even the protests by opponent Donald Trump could not change the result. Bottom line: 306 electors to 232 Trump electors.
Joe Biden’s US President Salary
Joe Biden’s salary as US President is $ 400,000 a year.
Private strokes of fate
Joe Biden married his childhood sweetheart Neilia Hunter in August 1966, and they had three children: Beau, Robert, and Naomi. On December 18, 1972, his wife Neilia and daughter Naomi were tragically killed in a traffic accident. Robert and Beau survived injured, and Biden took the US Senate oath at the two sons’ bedside. In June 1977, Biden married his second wife, Jill Tracy Jacobs, and they had a daughter named Ashley in 1981. Another stroke of fate shaped the family when the eldest son Beau died in 2015 of a brain tumor aiming for a political career.