how did joe biden make his money
He and his wife earned about $3.1 million total during those eight years. In today’s post, we’re going to break it down, so you have everything you need to know. House Democrats have pulled the trigger on their grand plan to impeach President Trump for simply winning the 2016 election. Let’s see where it leads. Odds are, the new documents will show a lucrative couple of years for the Bidens. Biden had another crucial decision to make — how to lead during a crisis without having any actual power. In July 2019, Biden and his wife, Jill Biden, released their tax returns from 2016 to 2018. The report shows that sometimes he would charge $40,000, but this price could also be as high as $190,000 in some cases. Based on the following information, it gets worse. Damn. The liberal media will however give Joe a platform to dismiss any negative … https://theintercept.com/2019/09/11/joe-biden-financial-disclosure A Deregulated Power Grid Leads To Wild Prices For Texans, Bitcoin Is Up Nearly 100% This Year As Bull Market Continues, Sanders 'Confident' $15 Minimum Wage Will Pass Senate Without Republican Support. How He Made His Money. 2020 Presidential Election Fundraising: Biden Vs. Trump See the latest campaign finance figures for President Trump and his challenger, former Vice President Joe Biden. The Bidens also took in over $125,000 in revenue from a cottage in Wilmington, Delaware, which the Secret Service reportedly rented. Nobody pays useless money to a drug addict. The Obamas earned an estimated $10.8 million over the same time period. As part of that agreement, he published Promise Me, Dad: A Year of Hope, Hardship, and Purpose in November 2017, which has since sold 302,000 copies, according to NPD Bookscan, and joined The New York Times bestseller list. Through much of his political career, former Vice President Joe Biden embraced the folksy moniker of "middle-class Joe." So, the plot thickens with Joe Biden and his Ukraine ties. Four points for Biden to make in his inaugural address By Bob Lehrman, opinion contributor — 01/19/21 03:45 PM EST The views expressed by contributors are their own and not the view of The Hill Until 2019, Joe Biden was perhaps unknown to most people, but in his successful running to become the 47th President of the United States, suddenly the world knew his name. Democratic presidential nominee Joe Biden talked up his tax plan during a conversation with steelworkers in Detroit. By The Washington Post Feb 3, 2021 But then again, the former president and First Lady had a lot more to spare. According to the same Forbes report that analyzed his public documents, it seems like Biden owns two homes in Delaware, which come together to provide around $4 million worth of wealth to his estates. President Joe Biden plans to hit the ground running during his first 100 days in office with a series of executive orders and policy proposals that would tackle some of America’s most pressing issues, including the coronavirus pandemic, the economy, immigration, climate change and equality. The couple purchased a second home in Rehoboth, Delaware, for $2.7 million in June 2017. But with Trump being so rich and infamous, one question everyone was asking was how Joe Biden was worth. There is sufficient evidence that Joe himself is involved in these crooked deals, but you won’t find anyone from the liberal media who is willing to dig into it. The former vice president signed a multi-book deal with publisher Flatiron, a division of New York-based MacMillan books, in 2017. In 2013 Jill reported earning $24,400 as an author, the year after she published a children’s book with Simon & Schuster called Don’t Forget, God Bless Our Troops. Biden’s campaign said that he did not take a salary from any of those organizations. Additionally, the American Press shows that getting Biden to speak at a public speaking event would cost around $100,000 a time, but this is average. The homes are worth millions – here is more on his large financial empire. In addition, Joe Biden is reported to make an estimated $100,000 per speaking engagement. The intended recipient of this largess was obviously “Pop” Joe Biden. According to county records, Biden has a $540,000 mortgage on the Wilmington house and it is yet to be paid off. But US Federal Election Commission records do not show direct contributions by Buffett to Biden’s 2020 campaign, and his assistant said he did not make any. His wife, Jill, says she will be keeping her day job as a teacher in a community college, so she’ll continue to earn through that. A CBS article reportedly states that as of November 2009, Biden was probably only worth around $30,000 or less, but moving up to his role as Obama’s right-hand man meant a lot of money came with it. © 2021 Forbes Media LLC. Hunter Biden is under investigation for tax fraud and money laundering related to his shady business dealings in China, Russia, and Ukraine. All in all, it becomes very clear that Biden and his family are rather financially secure, but it’s positive to see that his finances and wealth have come from his hard work and his career, not from controversial opinions like Trump had, a presidency that was riddled with corruption, tax evasion and so on. Joe Biden, having stood over the graves of two of his children, let — or forced? Biden and his wife Jill Biden … There are also two other liabilities listed on his disclosure. Now “Pop” says that he knows nothing — zip, zilch, nada — about his son’s business dealings in China and elsewhere. Ex-business associates of Hunter Biden discussed getting "Joe involved” in their venture with a Chinese energy company in order to make … Biden’s cited reasoning was that he did not think that students who went to private universities like “Harvard and Yale and Penn” should have their debt forgiven, and their money … https://www.cnbc.com/2019/07/12/how-joe-biden-became-a-millionaire.html Again, when he was promoted to being the Vice President, he would have been on a paycheck around the $230,000 mark. Biden’s return shows he and his wife paid $299,346 in federal income taxes in 2019. Email me at mtindera@forbes.com and follow me on Twitter @mtindera07. The Bidens, who have refinanced their mortgages to borrow additional money, currently owe $731,000, wrote Wade, who added that Biden plans to make public his tax returns. Biden, who was 66 years old at the time of the 2009 inauguration, had only collected some $6,500 in social security benefits prior to entering the White House. When Joe Biden was a student at the University of Delaware in the early 1960s, he spent a lot of time chatting with friends in his dorm. adjusted gross income of roughly $11 million in 2017 and $4.6 million in 2018. So what did he do? The moniker “Middle-Class Joe” isn’t exactly right. Staff writer at Forbes. Biden already signed some Day One executive orders and hopes to make … When Biden was first elected to the Senate in 1972, senators were earning $42,500 per annum, or a little over $250,000 a year after adjusting for inflation. Federal income taxes paid in 2017 (jointly with spouse): Joe Biden – $3,742,974 Kamala Harris – $516,469 Through much of his political career, former Vice President Joe Biden embraced the folksy moniker of "middle-class Joe." Much worse. Biden has laid out an ambitious plan to put more money in the wallets of many Americans — and fast. — his remaining son to become his bagman. President Joe Biden, 78, is moving into his old boss’ digs at 1600 Pennsylvania Ave., but he’s long dreamed of stately mansions. He earned an average of $225,000 each year. https://www.marieclaire.com/politics/a34205042/joe-biden-net-worth President Joe Biden, 78, is moving into his old boss’ digs at 1600 Pennsylvania Ave., but he’s long dreamed of stately mansions. Don’t get me wrong, I’m … Four points for Biden to make in his inaugural address By Bob Lehrman, opinion contributor — 01/19/21 03:45 PM EST The views expressed by contributors are their own and not the view of The Hill On top of this, you’ll want to add on the ‘cash and investments’ he has, which adds another estimated $4 million to his estate, plus the $1 million pension he’ll get for working for the government. This was figured out since Biden publicly released his financial records as he started his 2020 presidential campaign to prove he was a legitimate and honest candidate. It’s important to note that most of his wealth had come from the most recent years up to 2021, when he became more prevalent in the public eye. Robert Kraychik 22 Oct 2020. You may opt-out by, How Elon Musk Moves The Price Of Bitcoin With His Twitter Activity, A New Cold War - Rivalry To Grow Between China, Russia And The USA As Globalization Ends, Tesla Billionaire Elon Musk Made A Stark Bitcoin And Ethereum Price Warning As Crypto Market Nears $2 Trillion, New $400 Weekly Unemployment Benefits Look Likely—Here’s When They May Go Out, Despite Wall Street Hype, Inflation Is Not Imminent, $17,000 Electric Bill? Continue Reading Below Biden … Dated: November 1, 2020 by Sharyl Attkisson 5 Comments The following is a news analysis from Sharyl Attkisson's article in Epoch Times. CLAIM: President Donald Trump said to Joe Biden during Thursday’s presidential debate, “Your brother made money in Iraq, millions of dollars.” VERDICT: TRUE. In July 2019, Biden and his wife, Jill Biden, released their tax returns from 2016 to 2018. Joe Biden: Obama offered me money to pay for dying son's treatment. President Obama told Vice President Mr Biden: "Promise me you won't sell your house." Prevention claimed most of this money came from a multibook deal with Flatiron Books. “During … That’s a lot more money, and when you start adding it all up, it’s easy to see how his net worth would sit around the $9 million mark. However, there were some unpaid events Biden spoke at during this time. Chief among them: how to help Americans whose financial condition has been upended by the coronavirus pandemic and how to stimulate a struggling national economy. Fact Check: Donald Trump Says Joe Biden’s Brother ‘Made Money in Iraq’ 618. April 25, 2019: This article was updated to reflect former vice president Biden's announcement that he is running for president. Hunter Biden emerged afterward with a deal estimated to approach $1.5 billion, of which an unknown amount apparently entered his own pockets as the deal’s broker. Joe … Finally, since moving up to becoming the US president, throughout his term, Biden will be sitting on a paycheck of around $400,000 per year for his services to the United States. From 2010 to 2015 they took in $98,680 in net earnings from the cottage. The Bidens made over $3 million while Joe Biden served as vice president. On Twitter, many are making a big deal about the notion that President Trump paid $750 in 2016 and 2017 while bragging that Joe Biden paid much, much more. ⚠️ Follow our US election 2020 live blog for the latest new… The intended recipient of this largess was obviously “Pop” Joe Biden. They got another $240,000 in social security benefits, which works out to about $30,000 a year. There is sufficient evidence that Joe himself is involved in these crooked deals, but you won’t find anyone from the liberal media who is willing to dig into it. To estimate their total earnings under the Obama administration, Forbes figured their 2016 earnings were in line with what they made during the preceding years. During the eight years that Joe Biden served as vice president, he and his wife Jill earned about $3.1 million, according to a Forbes analysis of their tax returns. Nobody pays useless money to a drug addict. Six months later, the firm announced a contract to build 100,000 homes. It turns out that Biden has a rather sustainable real estate portfolio that will also go into his grand total. What’s more, Biden is also known for being a professor at the University of Pennsylvania in the Penn Biden Center for Diplomacy and Global Engagement, which earned him around $540,000. According to the publicly available Senate records, which are available here , we can work out that Biden would have started around $42.500 per year, and with the pay rises he earned during his time in service, would have made it up to around $174,000 per year. VICE President Joe Biden owns several homes in Delaware. Joe Biden earned almost twice as much in 2017 as in the prior 19 years combined. He has also reportedly signed a book deal with Flatiron Books to the tune of $8 million, a figure that surely contributed to his net worth. They did so by classifying the income as S-corporation profits rather than taxable wages.” Jacobs continued in his expose by noting the corporation the Bidens established to avoid paying the payroll taxes on millions of dollars in income amounts to more than half a million dollars in taxes that Joe and Jill Biden did not pay. Joe Biden got $1.8 million from book tour events and $2.4 million in speaking fees, according to his most recent financial disclosure. Nobody pays useless money to a drug addict. That’s a far cry from the $1.1 million the Obamas gave away. But where did Joe Biden get $9 million from, and how was he able to amass such a small fortune? All Rights Reserved, This is a BETA experience. The pair also earned about $260,000 from pensions over the eight years. But denial does not erase the emails, the text messages and the videos that confirm that Joe Biden used his son as a cut out to scoop up tens of millions of dollars. However, fast forward to 2019 when Bide released his financial records during his bid to become the President of the United States; the records show that he and his wife, Jill Biden, made a jaw-dropping $15 million in the years 2017 to 2018. Social media posts claim billionaire investor Warren Buffett donated $58 million to Joe Biden’s campaign, linking this to the Democratic president’s decision to revoke the Keystone XL oil pipeline permit. How Joe Biden Made His Money Let’s take a look at the facts. From 2009 to 2015, they donated just $57,723 to charities, including the Annual Catholic Appeal for the Diocese of Wilmington, Delaware (total: $11,100), and a few associations supporting ALS (total: $1,250). The Bidens made over $3 million while Joe Biden served as vice president. Here he is delivering his first major speech as the US President in February 2021. Joe Biden pledged during the campaign that he will “make it clear to our adversaries the days of cozying up to dictators are over.” Was he sincere or did he just mean “Trump’s dictators” will get the cold shoulder? James Biden was joining HillStone just as the firm was starting negotiations to win a massive contract in war-torn Iraq. Joe Biden, having stood over the graves of two of his children, let — or forced? With that known, how exactly did Joe Biden, who has been a “public servant” for almost the entirety of his adult life, make so much money? That same year, the couple donated $15,300 to the United States Service Organization, a nonprofit that provides entertainment and other programming for people in the military. Hats off to Biden for taking the honest approach. Joe Biden will inherit a daunting set of challenges when he becomes the 46 th president of the United States. To put it very nicely, the information above tells us that Joe Biden is about as good with his money as John Daly. He's middle-class no more. His wife Jill made an average of $83,000 a year as an English professor at Northern Virginia Community College, located in suburban D.C. The former vice president could be about to release additional tax returns, now that he is running for Obama’s old job. Joe Biden’s speechwriter Vinay Reddy makes his Telangana village proud photo courtesy: buildbackbetter.gov news Human interest Wednesday, January 20, 2021 - 13:47 According to the publicly available Senate records, which are available here, we can work out that Biden would have started around $42.500 per year, and with the pay rises he earned during his time in service, would have made it up to around $174,000 per year. Biden’s son’s real estate firm, Rosemont Realty, got lucrative commercial real estate deals in … Now, he and his wife Jill Biden are millionaires. The Bidens, who have refinanced their mortgages to borrow additional money, currently owe $731,000, wrote Wade, who added that Biden plans to make public his tax returns. The intended recipient of this largess was obviously “Pop” Joe Biden. That’s a lot of money, and it came from places you might not expect. Hunter Biden did not just make money with Bohai Harvest, however. He's middle-class no more. He attended St. P Paul’s Elementary School in … An under-the-hood look at Joe Biden's Social Security benefits. Joe Biden’s journey to becoming a millionaire started from his days as a schoolboy. Joe Biden: Trashing Fossil Fuel in the US While His Family Seeks to Make Money From It in Ukraine and China. Hunter Biden is under investigation for tax fraud and money laundering related to his shady business dealings in China, Russia, and Ukraine. According to Forbes, in 2019, Joe Biden has a net worth of around $9 million. Joe Biden sold out his country so that he could enrich himself and his family. Biden earned $225,000 a year from his salary as Vice President and Jill Biden earned … Joe Biden leveraged aid to remove top prosecutor as part anti-corruption efforts. Joe Biden moves quickly to make his mark on US federal courts. https://www.marieclaire.com/politics/a34205042/joe-biden-net-worth He retreated to his basement. Joe and Jill file returns jointly. Six months later, the firm announced a contract to build 100,000 homes. He worked as a salesman and served as the finance chairman of Joe… https://www.thestreet.com/lifestyle/joe-biden-net-worth-14935510 Joe Biden has been making his 2016 deliberations all about his late son since August. The magazine made the calculation in 2019, tallying up his property portfolio (worth an estimated $4 million) as well as cash and investments … And he’s a good speaker. Half of that came from Biden’s salary as vice president. Wait. It seems as though the main chunk of money here came from a book deal with Flatiron Books that comes in around $8 million, as reported by Publisher’s Weekly. His last year in the Senate — 2008 — saw that salary climb to $169,300, but that’s more of a pay cut after factoring in inflation. When asked if the couple paid in cash for the property, a spokesman for the former vice president did not respond to a request for comment. © 2020 Black Sands Media - All Rights Reserved, University of Pennsylvania in the Penn Biden Center for Diplomacy and Global Engagement. The county clerk’s office did not have a mortgage for the property on file. The couple also obtained $1.98 million from book tours and $2.4 million from speaking at events. Biden is married to a woman who taught English in high school for 13 years, then taught at a community college for 16 years, and has been employed for the last two years as an adjunct … USTV Pool. Then Hunter Biden went back to China at least five times for more. Biden’s tough rhetoric does not match his track record – and on India, he will face his greatest test as President.
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