Joe Biden: Net Worth & Salary as US President

Million Euros
U.S. dollar
Vice President Salary (2009 – 2017) $230,000/year
birth date November 20, 1942 (80 years old)
Born in Scranton, Pennsylvania, United States
nationality USA
Marital status married to Jill Biden (since 1977)
Full name Joseph Robinette Biden, Jr.
nickname joe
Children 4 (Hunter, Ashley, Beau †, Naomi †)

How much money does Joe Biden have?

Joe Biden is the 46th US President to be formally inaugurated on January 20, 2021. The Democrat won the 2020 US election, replacing Republican President Donald Trump . In the top US office, he draws a salary of 400,000 US dollars per year. Joe Biden’s current net worth is estimated at $7.5 million.

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 presidency that Biden made a fortune from appearances ($40,000-$190,000 per speech) and his best-selling book Promise Me, Dad ($11 million in sales).

A career in politics

Senator for Delaware (1973-2009)

In the US Senate election in 1972, Joe Biden surprisingly won for the state of Delaware at the age of only 29 and represented Delaware in the US Senate from 1973.

He was able to repeat this electoral success a total of five times until 2009 before he became Vice President under Barack Obama. As a Senator, he earned from $42,500 (1973) to $174,000 (2009)/year during his lengthy 36- year tenure .

US Presidential Candidates (1988 & 2008)

In 1987, the politician already wanted to become US President and announced his candidacy for the office starting in 1988. After only 6 weeks he withdrew from the race because of serious allegations of plagiarism.

In 2007, Biden also ran for the Democrats in a possible 2008 US presidential election. However, he had absolutely no chance in the Democratic primaries. African -American Barack Obama won the race and became the Democratic front-runner for the 2008 US elections.

Vice President under Obama (2009-2017)

Presidential candidate Obama entered the race for the highest office in the USA in 2008 and declared Joe Biden as his running mate on August 23, 2008. The election was won by a majority of 28 states 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 overwhelmingly and nothing stood in the way of a second term as Vice President (2013 – 2017). As Vice President, Joe Biden earned $230,000 per year .

Originally, Biden also wanted to run for US President against Trump in the 2016 election, but decided against it due to the tragic cancer death of his eldest son Beau 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 Democratic presidential race for 2021 . In the Democratic primaries, he clearly won against his challenger Bernie Sanders, who announced his retirement a year later.

The US election on November 3, 2020 turned out to be tough, because the counting lasted until November 7, much longer than expected, due to the large number of postal votes and the high turnout. In the end, it was a hard-fought victory for Joe Biden, who was inaugurated as the 46th President of the United States on January 20, 2021 and 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 salary as US President

Joe Biden’s salary as US President is $400,000 per year.

Private strokes of fate

Joe Biden married his childhood sweetheart Neilia Hunter in August 1966, who gave him three children: Beau, Robert and Naomi. On December 18, 1972, his wife Neilia and daughter Naomi died in a tragic traffic accident. Robert and Beau survived injured and Biden took the US Senate oath at the bedside of the two sons. 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 from a brain tumor, who was also aiming for a political career.

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