From the Middle-Class Joe to the Current President of the United States of America. The Journey of this man has been very impressive. Over the years this man has always been a Millionaire for the day he started to work as a politician.
For the Presidential Campaign Biden released his financial information of federal tax returns as well as the state for the year of 2016, 2017, and 2018. Based on those forms his estimated Net Worth was $9 million according to Forbes.
Here’s how Joe Biden earned his fortune.
Youngest Senator US at the age of 29.
This man was elected as the youngest senator in the history of the US. He served as a senator from 1973 to 2009. When he started his annual salary was around $42,500. During his tenure, he got a good raise. Till 2019 he was making $169,300 a year according to Forbes.
Elected as Vice President
Biden became the president of the US under Obama. During the time as Obama’s VP, he earned around $225,000 a year. That would add up to $1.8 million.
The Portfolio of Biden’s Wealth and Investment.
As per Forbes Biden own two houses in Delaware. The worth of both the houses combined comes to $4 million. As per reports he also has cash and investment worth another $4 million or more. Also, he has a Federal Pension valued at $1 million.
Presidential Salary of Joe Biden.
As the Democrat, Joe Biden is now been elected as the president of the US. His net worth is definitely reaching new heights. As he would earn
$400,000 per year in the form of a presidential Salary. And also the United States offers the Commander in Chief $50,000 as allowance expense. Which is “to assist in defraying expenses relating to or resulting from the discharge of his official duties.”