Joe Biden Net Worth

Joe Biden Net Worth, Biography, Wife, Political Career, Income, Salary

Currently serving as the 47th president of the United States of America is politician Joe Biden. He is a Democratic Party member, and prior to taking office as president, he served as the 47th vice president under former president Barack Obama from 2009 to 2017. From 1973 to 2009, he also served as Delaware’s senator from the state. Joe Biden Net Worth is $41 Million.

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Biography

Joseph Robinette Biden Jr. was born in Scranton, Pennsylvania, on November 20, 1942. Growing up in a Catholic family with three siblings, Joe’s family experienced financial difficulties. His father struggled to find employment in the 1950s while Scranton’s economy was in decline. In the end, Joe’s father was forced to move the family to Delaware, where he was a used car dealer.

Joe Biden joined the football team in high school and won the position of class president. While majoring in both history and political science at the University of Delaware, he also played collegiate football. He earned a bachelor’s degree in 1965.

After that, Joe continued his education at the Syracuse University College of Law, where he earned his law degree in 1968. He was famously charged with plagiarism at this period. Biden was able to postpone the draft while he was a student during the Vietnam War. Despite being an athlete his entire life, Joe was granted a medical deferral for asthma when he graduated and became qualified once more.

Category Details
Full Name Joseph Robinette Biden Jr.
Born November 20, 1942, Scranton, Pennsylvania, USA
Parents Catherine Eugenia “Jean” Finnegan Biden and Joseph Robinette Biden Sr.
Education B.A., University of Delaware (1965); J.D., Syracuse University Law School (1968)
Spouses Neilia Hunter (m. 1966, d. 1972); Jill Jacobs (m. 1977)
Children Beau (1969–2015), Hunter (b. 1970), Naomi (1971–1972), Ashley (b. 1981)
Senate Career U.S. Senator from Delaware, 1973–2009; elected at age 29
Key Legislation Violence Against Women Act (1994), American Rescue Plan (2021), Inflation Reduction Act (2022)
Vice President 47th U.S. Vice President, 2009–2017 (under Barack Obama)
President 46th U.S. President, January 20, 2021–January 20, 2025
Historic Firsts Oldest president (78), first from Delaware, second Catholic president
End of Presidency Withdrew from 2024 race in July 2024; term ended January 20, 2025

Political Career

After graduating from college, Biden worked as a legal assistant before becoming a public defender and opening his own practice. When he ran for a seat on the New Castle County Council in 1969, he made his political debut. He focused right away on the US Senate after winning the election.

He won the 1972 election for the US Senate in Delaware despite being by far the underdog. At age 30, he was among the youngest senators in US history. Joe set his sights on the presidency after spending a considerable amount of time in the US Senate. He attempted to win the Democratic candidacy in 1987, but he was challenged for allegedly copying a speech. Later, after more controversy, Biden withdrew from the contest.

In 2008, Biden ran again for the Democratic nomination. Although there were many great components to Biden’s campaign, his statements about Barack Obama and Indians turned out to be major errors. He had a hard time raising money and was never a serious challenger to Obama or Hillary Clinton. But in the end, Barack Obama chose him to be vice president. In 2008, he gave up his seat in the Senate to join Obama’s cabinet. The Democrats selected Joe Biden to be their nominee for president in 2020.

Joe Biden’s Wife/Girlfriend

Joe Biden has been married twice in his life, with no widely documented girlfriends outside of these relationships.

  • Neilia Hunter Biden: Biden married Neilia Hunter, a teacher, on August 27, 1966. They met while Biden was a student at the University of Delaware and she was attending Syracuse University. Their marriage lasted until her tragic death in a car accident on December 18, 1972, alongside their daughter Naomi. Neilia was instrumental in supporting Biden’s early political career.
  • Jill Jacobs Biden: Biden met Jill Tracy Jacobs, an educator, in 1975 on a blind date arranged by his brother. At the time, Jill was a college senior, nine years younger than Biden. They married on June 17, 1977, at the United Nations Chapel in New York City. Jill became a stepmother to Biden’s sons, Beau and Hunter, and they had a daughter, Ashley, together. As First Lady (2021–2025), Jill continued her career as an English professor, making her the first First Lady to maintain a full-time job while in office.

There are no credible public records of other romantic relationships or girlfriends outside these marriages.

Joe Biden Net Worth

Joe Biden makes $400,000 a year in compensation. Biden has a $41 million dollar net worth. Discover Joe Biden’s wealth, who is currently serving as the 46th President of the United States. He routinely referred to himself as “middle class Joe” or one of the “poorest” members of congress, having a net worth of less than $500,000, for many years prior to being elected vice president. 

Until 2009, when they received a $55,000 boost from pensions and Social Security payments, Joe and his wife Jill had an average annual income in the vicinity of $215,000, according to financial filings going back to 1998. The Bidens’ annual total compensation rose to almost $390,000 when they began their final terms as vice president and first lady.

As of March 13, 2025, Joe Biden’s net worth is estimated to be around $41 million, though exact figures vary depending on sources and post-presidency updates. His wealth stems from multiple streams:

  • Senate and Vice Presidential Salaries: Biden earned a steady income during his 36 years as a senator (approximately $174,000 annually by the end of his tenure) and eight years as vice president ($230,700 annually).
  • Book Deals and Speaking Engagements: After leaving the vice presidency in 2017, Biden and Jill earned significant income from books like Promise Me, Dad and speaking fees, reportedly making over $15 million between 2017 and 2019.
  • Real Estate: The Bidens own a home in Wilmington, Delaware (purchased for $350,000 in 1996, now worth over $1 million) and a vacation home in Rehoboth Beach, Delaware (bought for $2.7 million in 2017).
  • Pension: As a former president, Biden receives a lifetime pension of about $413,000 annually, plus additional benefits.

His net worth grew substantially after 2017, contrasting with earlier years when he jokingly called himself one of the “poorest men in Congress.”

Income and Salary

Joe Biden receives a base salary of $400,000 as President of the United States, as well as a $50,000 annual expense account, a $100,000 nontaxable travel account, and a $19,000 annual entertainment stipend. Before relocating to the White House, the Bidens received a $100,000 grant for redecorating.

Joe Biden Assets

Joe Biden hasn’t entered politics in well than 40 years. Obviously, he won’t be able to endure for so long without having a large financial foundation. Among Joe Biden’s possessions are 2 opulent ships, 5 cars, and 9 real estate properties. Additionally, Joe Biden has approximately $12 million in bank deposits and government bond holdings that are used to guarantee his financial reserves. See how much money Hunter Biden is worth.

Joe Biden is unable to conduct any financial transactions because of his current role as the President of the United States. Biden has thus carefully placed his assets, money, and investments under the name of his wife. Joe and Jill Biden have made stock market investments totaling over $6 million.

Joe Biden’s Children

Joe Biden has four children from his two marriages, though one passed away in infancy:

  1. Joseph Robinette “Beau” Biden III (February 3, 1969 – May 30, 2015): Born to Neilia, Beau followed his father into law and politics, serving as Delaware’s Attorney General (2007–2015). He died of brain cancer at age 46, deeply affecting Biden’s life and inspiring the Cancer Moonshot initiative.
  2. Robert Hunter Biden (born February 4, 1970): Also born to Neilia, Hunter pursued a career in law and business, though he has faced public scrutiny over his personal life and business dealings, including with Burisma Holdings in Ukraine.
  3. Naomi Christina Biden (August 8, 1971 – December 18, 1972): Biden’s first daughter with Neilia, nicknamed “Amy,” died at 16 months in the same car accident that killed her mother.
  4. Ashley Blazer Biden (born August 8, 1981): Born to Jill, Ashley is a social worker and activist who founded the fashion brand Livelihood. She has largely stayed out of the political spotlight.

What Joe Biden Likes Most

Interest Details
Family Time Biden prioritizes family, often citing his children and grandchildren as his greatest joy, especially after personal losses.
Ice Cream A self-proclaimed “ice cream guy,” Biden’s favorites include chocolate chip and vanilla, often enjoyed at parlors like Jeni’s.
Classic Cars He cherishes his 1967 Corvette Stingray, a wedding gift from his father, and has been seen driving it in public events.
Amtrak Trains His affection for rail travel stems from decades of commuting; he finds it nostalgic and practical.
Empathy and Connection Biden enjoys engaging with people, often sharing stories and offering comfort, reflecting his empathetic leadership style.

About Author

Sharmin Shimi
Sharmin Shimi is a tech expert and celebrity news enthusiast who writes with passion and insight. She simplifies tech trends and delivers the latest entertainment buzz, making complex topics engaging for all. For her, writing isn’t just a job—it’s a way of life.