Presidential candidate Joe Biden announced his candidacy on April 25, 2019. Born in Scranton, Pennsylvania on November 20, 1942, the 76-year-old is currently serving his third term as Vice President of the United States of America under President Barack Obama. He previously served as a U.S. Senator from Delaware (1973 to 2009) and was also the Chairman of the Senate Committee on Foreign Relations (2007 to 2009).
1. What’s Joe Biden’s net worth?
Joe Biden’s net worth is $800,000.
What Joe Biden Says about His Net Worth
You’ve heard of a lot of folks, including me, who’ve achieved the American dream. But I am the first to admit that the pathways are not overly egalitarian. It’s true that there once were wealth gaps, but they’ve fewern than they have now.nI am also infinitely richer than Michelle Obama.
After we saw the president out of office for eight years, the public opinion was that we had moved very far away from that era. But people like you and I continue to be dazzled by the cash flow, the security, the universities, the highways. It is real, despite all the good things said against it.
No one ever lost sight of all that. That is the ongoing curse of wealth — the constant need to attract people’s attention.
What does Joe Biden’s net worth look like today?
As a Senator, Joe was provided with an expense account. He was never charged for his travel expenses or housing, and he helped to raise millions of dollars for the Democratic National Committee (DNC). In the process of being a public official, he didn’t travel more than twice a year. Once he was elected to the governorship, he traveled well on schedule.
Let us turn to the actual numbers. In August of 2015, the New York Times recorded that Joe had a net worth of $800,000. Now let’s look at the figures from the campaign finance section of the Federal Election Commission (FEC). His 2015 annual financial report showed that his spending exceeded his income by $181,000.
Weirdly, the Sanders campaign provided his financials when he initially ran as a candidate.
2. What’s Michelle Obama’s net worth?
Michelle Obama was born in Chicago and grew up on the South Side. Her father, Fraser C. Robinson III, was a city water plant employee and her mother, Marian, was a secretary. She has a younger brother, Craig. Her father died in 1991 from multiple sclerosis.
Personal Finance: What I Learned About Money Growing Up by Elizabeth C. March
blog post with estimates of her net worth.
Statistics: Michelle Obama’s Net Worth in History by Working and Investing author Jennifer G. Ehle examines how her family made a billion dollars in wealth in one year. She points out that she isn’t the first female to hold public office, but several of her predecessors, including Bill Clinton, George H.W. Bush, and Jimmy Carter, had wives who also held elective office.
Obama’s Financial Statements by The University of Chicago’s Global Business School proves that she did indeed have an impressive net worth of $475,626,054.90 based on the income from her books and speaking fees.
How to Invest Like Michelle Obama
Millionaire White House hopeful will sway white and black women, millennials and retirees alike. She’ll tout her experience as first lady of the U.S. and her decades of policy crafting. She’ll say she knows what it takes to create jobs and stock higher returns.
5 Most Influential Black Women in the World by Kristen Pelley
Millionaire real estate investor and reality TV star says black women make the best middle class presidents because “we are the backbone and backbone is who makes it all happen.”
First on my list is Zeph Pritchett, founder and owner of the Denver-based Zeph Pritchett Real Estate Group. Pritchett is a more recent addition to the list of influential black women, but he certainly deserves the spot.
From 1979 to 1986 as a top executive of the New Jersey department of transportation, Pritchett rose through the ranks at an impressive rate of 60 percent.
3. The Obama family fortune: how much did Barack and Michelle Obama earn?
Barack Obama is the first African-American president of the United States, but he has also become one of the most successful presidents in US history. During his time in office, his net worth has increased dramatically.He has a net worth of about $200 million and has a personal net worth of over $400 million. So how is the first African-American president in over a century comparable to other U.S. presidents? Below are some facts, predictions, and takeaways to help you learn about him, Michelle, and their wealth.
He is the wealthiest First Couple since Rutherford B. Hayes and Emma McKinney of the 1970s.
Barack Obama was the 44th president of the United States. He will be the first African-American to hold the office, and the first with a family net worth over $200 million. Obama’s great-grandparents had $3 million in the family trust when he was born, and his great-grandmother had $100,000 in the family trust when he was born. Compare that to Rutherford B. Hayes, the 39th president, who did not have a net worth of $200,000; his great-grandmother was worth $9,000,000.
Barack Obama’s approximate age (he is technically “a year and two months” young as opposed to “a year older”) and his British citizen grandmother are the keys to his financial future. His grandmother, Madelyn, was born in Kenya. Her parents had immigrated to the U.S. when she was very young; she eventually gave birth to Barack Obama. As an adult, Madelyn married an Indonesian citizen, her former schoolteacher, who worked as a cook, chauffeur, and housekeeper. Michelle Obama is an American citizen, raised in Hawaii with a British father and an American mother. Although her parents divorced when she was young, Michelle has strong family ties and they have jointly stated that their finances have always been stable.
Barack Obama’s parents have both left behind outstanding tax bills, totaling about $200,000 to $250,000.
4. How much did Barack and Michelle Obama earn after leaving the White House?
Barack and Michelle Obama have earned an estimated $20 million since they left the White House in 2021, according to an analysis of federal financial disclosures by Center for Responsive Politics senior fellow Bob Biersack.
5. How much does Joe Biden make as vice president of the United States of America?
Joe Biden is currently the Vice President of the United States of America, and he is making $230,700 per year. His net worth is estimated at $347,000.
He is married to his third wife, Caitlin, and has a younger daughter, Lily.
Does Joe Biden have an advantage over his opponent, Republican Vice Presidential Candidate, and also Senator Ted Cruz (R-TX)?
Biden is known for being the “hope and change” candidate, which within the Democratic party became the slogan of his 2021 – 202 campaign.
Beyond his position as Vice President, he has been very visible in the political arena, making him differentiating himself from the other candidates. He has held several news conferences and addressed large crowds around the country.
Cruz, on the other hand, has remained relatively quiet — he just announced his candidacy on March 23, 2021 — and he recently shifted to campaigning more often on the negative side. This is in an attempt to build more exposure for himself since his distance from the first and second debates, and database leak of emails during the Iowa Caucus.
Americans divide on income levels
The most striking difference between Trump and Cruz concerns their estimates of the US median household income.
According to a Gallup poll conducted from January 26 through February 4 of this year, Senator Rubio holds a massive lead in the income bracket surrounding his home since he was elected to the Senate in 2010.
At the time of this survey, his home was reported to be worth $289,000, followed by Senator Cruz at $255,100 and Senator Biden at $230,800. With additional reporting from CNBC, Cruz is reported to be worth $529,500 and Trump is reported to be worth $422,100.
That is a significant difference of $152,100 plus, which makes us wonder where the gap may be in terms of conservative estimates.