newolddude
Well-Known Member
How Joe Biden Went from Middle-Class Joe to a Millionaire
Take a look at the president's financial documents.
www.townandcountrymag.com
Since leaving the VP office, Biden has made a hefty sum off of book deals and speaking engagements.
As recently as November 2009, Joe Biden's net worth was less than $30,000, according to CBS, but life post-vice presidency has been quite lucrative for President Obama's former number two. When Biden released his financial disclosures in July of 2019, they showed that he and his wife Jill had earned more than $15 million in 2017 and 2018
More specifically, the Bidens reported an adjusted gross income of roughly $11 million in 2017 and $4.6 million in 2018. The bulk of that number comes from a multi-book deal with Flatiron Books valued at $8 million per Publishers Weekly, but the Bidens also earned a sizable income from speaking engagements.
The AP reports that Biden's basic speaking fee was $100,000, but it ranged from $40,000 to $190,000. The New York Times also notes that Biden made additional unpaid speaking engagements during this time which are not listed on the disclosure, citing his campaign.
Additionally, the disclosures reveal that the former VP earned $540,000 as a professor at the University of Pennsylvania’s Penn Biden Center for Diplomacy and Global Engagement.
Books, speaking engagements and nice padded fee for being a "professor". Oh...my....gawd. Look at all that graft and thievery.