The famous American 46th U.S. President Joe Biden. Joe Biden receives a salary of $400,000 a year. Explore the riches of Joe Biden, who is the President of the United States. According to various online resources (Wikipedia, Forbes, Bloomberg), the most popular American politician Joe Biden estimated a net worth of around $12 Million.
Joe Biden Salary
Joe Biden receives a salary of $400,000 a year. Joe Biden also receives an additional $50,000, which pays for the president's personal expenses, such as food and dry cleaning. Joe Biden also receives $100,000 as a traveling allowance. Joe Biden will also receive $120,000 as a renovation expense for the White House. In addition to this Salary, Joe Biden receives the following benefits:
Free Health Care
Free Maids and Cooks
Free Security
Free Travel
Joe Biden's Net Worth
Net Worth
$12 Million
Annual Income
$1 Million
Monthly Income
$95,000 +
Presidential term
20 January 2021 –
Party:
Democratic Party
Vice president
Kamala Harris (2021–)
Residence
White House
Home in Delaware
$2 million
Book Royalties
$1 million
Joe Biden Assets
It's been over four decades since Joe Biden ventured into politics. Such a long stint will obviously not come without significant wealth behind him. Joe Biden's assets include 9 Real Estate Properties, 5 Cars, and 2 luxury yachts. Joe Biden also has over $12 Million in cash reserves secured in banks through Deposits and Government Bonds. Check outHunter Biden Net Worth.
Due to his current position as President of the US, Joe Biden cannot engage in any financial transactions. Therefore, Joe Biden has safely secured his Assets, Cash, and Investments under his wife's name. Joe Biden and Jill Biden have invested over $6 Million in stock markets. Joe Biden's family (including Hunter Biden) owns two ultra-luxury yachts that are worth over $21 Million dollars. These yachts come with some of the best luxury amenities like;
Gym
Beauty salon
Massage room
Three dining areas
A Dance room
Sea-facing pool
Mini-Theater
Joe Biden's Loans & Liabilities
Over the period of his long career, Joe Biden has taken many loans from banks, either for personal or business purposes. All these loans are now repaid and no longer outstanding. The total liability of Joe Biden was $3 Million dollars in 2005, which has been repaid in full in 2009. Must Read Ron DeSantis Net Worth.
Joe Biden's Annual Income
There are over 10 real estate properties under Joe Biden and his family's ownership, through which they receive rent income each month. Joe Biden also has over $5 Million in Bank Deposits and Government Bonds, through which he receives annual interest and dividend payments. The total rental income earned by Joe Biden is over $1 Million dollars annually. The dividend and interest income of Joe Biden is an additional $700,000.
