Joe Biden spent most of his working life in public service, which makes his finances more modest than those of many presidents. If you ask how much is joe biden networth, the best evidence comes from financial disclosure forms and tax returns that he and his wife, Jill, have made public. Here is a clear summary.
A career in public service
Biden was elected to the Senate in 1972 at age 29 and served until 2009, when he became vice president. He served as president from January 2021 to January 2025. For decades, his main income was a government salary, which meant he was often described as one of the less wealthy members of the Senate.
How much is joe biden networth in estimates?
Estimates for his net worth have generally been in the range of about $10 million, up from roughly $9 million around 2020 according to reports based on his financial disclosures. Financial disclosure forms for officials list assets and liabilities in ranges, so these figures are approximate. They are not audited and are not official.
The sources of his income
Public salary
As president, he earned a salary of $400,000 a year, set by law, plus an expense allowance. As a senator and vice president, his pay was lower.
Book deals
After leaving the vice presidency in 2017, he published Promise Me, Dad, and he and Jill signed book and speaking contracts. Reports said the Bidens earned around $15 million in the two years after they left office, mostly from books and speeches. Tax returns released during the 2020 campaign confirmed significant earnings in that period.
Teaching
He took a position at the University of Pennsylvania’s Penn Biden Center, which paid a salary that was reported as part of his income.
Pension
As a former president, he receives an annual pension set by law, plus certain benefits.
Assets and homes
The Bidens own a home in Wilmington, Delaware, and a beach house in Rehoboth Beach, which they bought in 2017. Retirement and investment accounts make up other assets. In the past, he has talked about the cost of a family home and the financial strain of paying for college for his children.
What changed after the presidency
After January 2025 he returned to private life, and reports said he had signed a deal for a memoir, though details of the payment were not public at the time of writing. Former presidents often earn substantial sums from books and speeches, which means estimates may rise.
Why numbers differ
- Disclosure forms use value ranges, not exact amounts.
- Private investments and family trusts are not fully shown.
- Websites sometimes use outdated disclosure data.
Reading such estimates
Check dates and sources and treat precise totals with care. Our guide on how to check a networth using public sources explains the process, and the piece on a presidential wealth timeline shows how another president’s estimates moved.
Quick questions readers ask
Is he a millionaire? Yes, by most estimates, in single-digit to low double-digit millions. What did he earn after 2017? About $15 million over two years, reported. Is the figure official? No.
How presidential wealth compares
Presidents’ finances vary widely. Some, like Donald Trump, arrived with large business holdings; others, like Harry Truman, left office with modest means and little more than a pension. Biden is generally placed among the less wealthy modern presidents, in part because of his long career in the Senate and his lack of a large private business. At the same time, book deals and speaking fees have made former presidents comfortable, and the Bidens’ earnings after 2017 show how quickly that can happen. Comparing with other leaders helps put the numbers into perspective without turning them into a political argument.
The conclusion
When you ask how much is joe biden networth, the best-supported answer is “around ten million dollars, based on disclosures and tax returns,” with the caveat that the figures are estimates and could rise with post-presidency income.
Figures are reported estimates and may be outdated. This is not financial advice.
Featured image: Biden Obama.jpg by Daniel Schwen, CC BY-SA 4.0, via Wikimedia Commons.
