new Delhi. Joe Biden is going to become America’s 46th President. Joe Biden will not be called a middle class man, but is going to be the new president of the country, who is currently a millionaire. At the start of his 2020 presidential campaign, Biden revealed his financial information as well as state and federal tax returns for 2016, 2017 and 2018. Based on which Forbes estimates his total assets at $ 9 million.
Salary increased in this way to become Vice President from Senate
Joe Biden’s salary as Senate rose from $ 42,500 per year to $ 1,74,000 per year, according to Senate records. When he was elected Vice President, his salary increased and his annual salary increased to about $ 2,30,000 per year. According to a recent IBS report, Joe Biden’s total assets in November 2009 were less than $ 30,000, but the number two position, after President Obama, the vice-presidential term was quite attractive.
When Biden released his financial disclosures in July of 2019, he showed that he and his wife Jill had raised more than $ 15 million in 2017 and 2018. Specifically, Biddens reported adjusted gross income of approximately $ 11 million in 2017 and $ 4.6 million in 2018. The highest earning of that comes from a multi-book deal with Flatron Books, which was priced at $ 8 million per publisher per week. At the same time, he also earned a large income from his speaking skills.
You earn so much by speaking
According to the AP report, the Biden speaking fee is $ 100,000, but it used to go from $ 40,000 to $ 1,90,000. Additionally, Biden also earned $ 5,40,000 as a professor at the University of Pennsylvania’s Penn Biden Center for Diplomacy and Global Engagement. According to Forbes, Biden’s two homes in Delaware cost a combined $ 4 million. According to information they have cash and investment of 4 million dollars or more. There is also a $ 1 million federal pension.