Joe Biden is the 46th and current president of the United States and the oldest person to ever hold the office. He is also one of the wealthiest presidents in history. But how did he earn and spend his millions? Here is a brief overview of Biden Net Worth 2020, from his humble beginnings to his presidential salary.

Biden Net Worth 2020:

In 2019, Biden announced his candidacy for the 2020 presidential election and won the nomination of the Democratic Party after a competitive and crowded primary race. He chose Kamala Harris as his running mate and faced Donald Trump and Mike Pence in the general election. He won the election with a record-breaking number of votes and became the president-elect of the United States on November 7, 2020. He was inaugurated as the 46th president of the United States on January 20, 2021, at the age of 78.

As the president, Biden earns a salary of $400,000 per year and receives various perks and privileges, such as living in the White House, flying on Air Force One, and having access to Camp David.

According to Forbes, Biden net worth 2020 is estimated at $10 million. His wealth mainly comes from his real estate, book deals, speaking fees, and investments. He owns two homes in Delaware, worth a combined $4 million, and rents a mansion in Washington, D.C., for $20,000 per month. He also has a portfolio of investments worth about $4 million in mutual funds, bonds, annuities, and life insurance policies. He also has a collection of cars worth about $200,000, including a Corvette, a Cadillac, and a Jeep.

Biden's Vice Presidency and Post-White House Years

In 2008, Biden was chosen by Barack Obama as his running mate, and they won the presidential election, defeating John McCain and Sarah Palin. Biden became the 47th vice president of the United States and served for two terms, from 2009 to 2017. He was a close and trusted partner of Obama. He played a key role in shaping and implementing the administration's domestic and foreign policies, such as the Affordable Care Act, the Recovery Act, and the Iran nuclear deal.

Biden's vice presidency boosted his income and net worth significantly, as he earned a salary of $230,000 per year. He also received a pension of $248,000 per year after leaving office and Secret Service protection for six months.

After leaving the White House, Biden remained politically and socially influential. According to his tax returns, Biden also made a lot of money from speaking engagements and book tours, charging up to $200,000 per speech and earning more than $15 million in 2017 and 2018. He also donated over $1 million to charity during this period and paid more than $5 million in taxes.

Conclusion:

Biden is not the richest president in history, but he is certainly one of the wealthiest. Biden Net worth 2020 is 10 million dollars. He has earned and spent millions throughout his long and illustrious career and has also given back to society and the country. He is a self-made man who has overcome many challenges and tragedies and achieved his dream of becoming the president of the United States.