How is The Net Worth of Joe Biden a Stunning $9m?

What is Joe Biden’s net worth?

Net Worth$9 million
Source of WealthPolitician, President of the United States
Date of BirthNovember 20, 1942 
Height6 ft / 182 cm
Place of BirthScranton, Pennsylvania
Star SignScorpio
Partner Jill Biden (Married 1977)

The Usual Intro

Joe Biden, officially named Joseph Robinette Biden Jr., is an American politician and 46th President of the United States.

He is a democrat and served as Vice President under Barack Obama. Biden was also a member of the U.S. Senate and is known for ending the 20-year-long Afghan war.

Before the Spotlight

Joseph Robinette Biden Jr. was born on November 20, 1942, in Scranton, Pennsylvania. His family had a wealthy history but was financially suffering when he was born. He grew up in a middle-class lifestyle throughout his childhood.

As a student, Biden did not excel in any particular subject. He developed an interest in football and played during high school and college, but did not stand out. His grades were also modest. However, Biden did exhibit leadership qualities from a young age – he acted as class president during his junior and senior years at his high school, the Archmere Academy in Claymont. 

Biden obtained a Bachelor of Arts (BA) from the University of Delaware in 1965 and a Juris Doctor (JD) from the Syracuse University College of Law in 1968. He has a natural stutter which has improved with age and is noticeable in speeches.

The Journey to Success

Biden began his career in law but was not exceptionally successful as a lawyer. He withdrew from the Vietnam war by obtaining student deferments in college and a medical deferment for asthma after he graduated.  Biden initially sided with the Republicans because of his disdain for a particular Democratic Senator, but eventually switched sides and settled with the Democrats. 

Biden didn’t make a lot of money as a lawyer and had to manage properties as a side-hustle in order to have a sustainable income. Unsatisfied, Biden decided to become a politician and ran for the local county council. 

In 1972, Biden took the next big step in his political career by winning the Senate elections against Republican J. Caleb Boggs with a 50.5% vote and became a junior senator representing Delaware. He continued being a member of the Senate until 2009, during which time he cemented his prominence as a politician.

In 2008, Biden was selected by Presidential Candidate Obama as his running mate due to his extensive foreign policy and national security experience from activities in the Senate. After winning the elections, Biden served as the 47th Vice President under Barack Obama until 2017.

In 2020, Biden won the Presidential elections by defeating Donald Trump and became the 46th President of the United States.

The Best Moments

  • Biden was elected as Vice President in 2008 and re-elected in 2012.
  • Barack Obama awarded Biden the Presidential Medal of Freedom in 2017.
  • Biden ran for the U.S Presidency in 2020, winning a landslide victory against sitting President Donald J. Trump.
  • Biden withdrew U.S troops from Afghanistan in 2021. This marked the end of the nearly 20-year-long Afghan war.

The Private Side

Biden married Neilia Hunter, a student from Syracuse University, in August 1966. They had three children together. In 1972, only a month after Biden won the senate elections, his wife Neilia and daughter Naomi were involved in a fatal car accident. His two sons were injured but survived.

Biden considered resigning due to this tragedy. He married a second time to Jill Tracy Jacobs in 1977, which helped him move on and refocus on politics. The couple has one daughter. Biden and Jill are still together.

Biden’s eldest son, Beau, died of brain cancer in 2015.

Joe Biden’s Related Youtube Video

Famous Quotes from Joe Biden

As the 46th and current President of the United States, most of Biden’s public speeches naturally touch on political matters. Here are some of his most famous quotes and sayings:

  • “No fundamental social change occurs merely because government acts. It’s because civil society, the conscience of a country, begins to rise up and demand – demand – demand change.”
  • “For any young democracy, the most difficult but important step is burying the legacy of tyranny and establishing an economy and a government and institutions that abide by the rule of law. Every country faces challenges to the rule of law, including my own.”
  • “Corruption is a cancer: a cancer that eats away at a citizen’s faith in democracy, diminishes the instinct for innovation and creativity; already-tight national budgets, crowding out important national investments. It wastes the talent of entire generations. It scares away investments and jobs.”

The Social World

Joe Biden is active on social media and has amassed millions of followers. Here are the links to his official accounts and the current followers on each one:

Lessons for Entrepreneurs

Despite his recent drop in popularity, here are some success lessons we can learn from Joe Biden’s life and career:

  1. Persistence. Biden has stayed in politics for almost 50 years despite suffering strong opposition from political opponents and suffering from traumatic events in his personal life.
  2. Patience. Biden has shown great patience even after becoming the victim of some unfortunate premature deaths in his immediate family.
  3. Humility. It’s often argued that Biden does not have the best character; however, he shows lots of humility when speaking. He is not arrogant or cocky.
  4. Learning from mistakes. Biden has faced multiple failures in different aspects of his life. However, he always came back stronger after learning from his mistakes.

The Unusual Stuff

Here are some interesting facts about Joe Biden you might not have known before:

  • Biden is the sixth youngest senator to be elected into the United States Senate.
  • Biden is the 18th longest-serving U.S Senator, staying in office from 1973 to 2009.
  • Biden’s victory against Trump in the presidential elections led to the United States Capitol Attack in 2021.
  • Biden has come under immense public criticism in recent years for cognitive decline. Several videos of him speaking incoherently and fumbling over his words have surfaced online and over news media, due to which has been mocked by the public. 
  • When Biden won the election for his chair at the U.S. Senate, he was 29 years old, whereas the constitution imposed a minimum age requirement of 30 for members of the Senate. Fortunately, he had his 30th birthday right before he was officially sworn in.

Answering Frequent Questions

How old is Biden?

Biden is currently 79 years old.

When is Biden’s term ending?

Biden’s term is expected to end in 2024. He intends to be re-run as President for the 2024 elections. However, due to constantly rising disapproval rates, increasing support for opposing parties, and widespread rumors of Biden’s cognitive decline, many political experts believe that he won’t be re-elected.

How much is Joe Biden’s Salary?

Biden receives a salary of $400,000 as of the President of the United States. Along with this base salary, he receives an allowance of $50,000 for his personal expenses and $100,000 for travel expenses. He also receives several benefits such as free security and healthcare. 

The Closing Remarks

Biden is one of the longest-serving politicians in the United States with over 50 years of experience. His friendship and compatibility with Barack Obama were greatly admired by the public and gained him lots of popularity on social media.

In recent years, his policies have been criticized by the public but haven’t hindered his plans to re-run as President in 2024.

Featured image credit: BiksuTong /

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Asad Elahi

Asad Elahi is a personal finance expert and author with over 5 years of experience in the industry. He has written extensively on topics such as saving, investing, and building wealth, focusing on helping individuals achieve financial independence. His work has been featured in major publications such as Forbes and The Wall Street Journal, and he is a regular contributor to financial websites and blogs.