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Joe Biden Net worth

Joe Biden net worth

what is Joe Biden Net worth ?

Joe Biden is the president elect for the United states of America. in this article, we will be bringing to you is net worth and how much he will be earning as president.

Joseph Robinette Biden Jr. is an American politician and the president-elect of the United States. Having defeated incumbent Donald Trump in the 2020 United States presidential election, he will be inaugurated as the 46th president on January 20, 2021.

A member of the Democratic Party, Biden served as the 47th vice president from 2009 to 2017 and a United States senator for Delaware from 1973 to 2009.

Joe Biden net worth is $16.9 million making him a millionaire. Read on to find more information about Joe Biden net worth.

Joe Biden Biography

Joseph Robinette Biden Jr. was born November 20, 1942, at St. Mary’s Hospital in Scranton, Pennsylvania, to Catherine Eugenia “Jean” Biden (née Finnegan) and Joseph Robinette Biden Sr.

Biden’s father was initially wealthy but had suffered several financial setbacks by the time Biden was born; for several years the family lived with Biden’s maternal grandparents.

Scranton fell into economic decline during the 1950s and Biden’s father could not find steady work. Beginning in 1953, the family lived for several years in an apartment in Claymont, Delaware, then moved to a house in Wilmington, Delaware. 

Joe Biden Sr. later became a successful used car salesman, maintaining the family a middle-class lifestyle

At the Archmere Academy in Claymont, Biden was a standout halfback and wide receiver on the high school football team he also played baseball. A poor student but a natural leader, he was class president in his junior and senior years. He graduated in 1961.

At the University of Delaware in Newark, Biden briefly played freshman football and earned a Bachelor of Arts degree in 1965 with a double major in history and political science, and a minor in English.  He had a C average and was ranked 506th in his class of 688

Biden has a stutter, which has improved since his early twenties. He says he has reduced it by reciting poetry before a mirror, but it has been suggested that it affected his performance in the 2020 Democratic Party presidential debates

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Joe Biden net worth

The politician has a fortune of around 16.8million, according to estimations by Forbes.

He has earned his wealth through politics, books and property.

Joe first started earning a salary in law and practiced as a public defender in the 1960s.

He soon joined the political world when he was elected into a county council seat in Delaware, which he did alongside his law career.

In 1972, Joe made a full move to politics to become the junior US senator from Delaware.

By the time he was 30, the politician was the sixth youngest senator in US history.

This reportedly came with an annual salary of £32,500, the equivalent of more than £150,000 now.

Joe continued to work in the senate until 2009 and his salary grew to £129,000 by the time he left.

After leaving, he took on the role of the Vice President to Barack Obama.

He held the position from 2009 to 2017 and earned an impressive salary of £171,000.

As well as building his fortune from his career, Joe topped up his bank balance with his book Promises to Keep: On Life and Politics.

Family

In 1972, when he was 29, he became one of the youngest candidates ever elected to the Senate. The celebration didn’t last long. Just a few weeks after the election, Biden’s wife and baby daughter died in a car accident. Sons Beau and Hunter survived with severe injuries. Biden’s sister moved in to help care for the boys, while Biden started his more than three-decades-long career in the Senate. He started with a salary of $42,500 a year (equal to about $250,000 today).

Biden got married again in 1977 to his current wife, Jill. Since at least 1998, the earliest year Biden has released his tax returns, most of the Bidens’ income has stemmed from his Senate salary and Jill’s salary as an English professor at community colleges. They did earn $71,000 in royalties and another $9,500 for “audio book rights,” shortly after Random House published his first memoir, Promises to Keep. When Biden left his Senate seat in 2009, his salary had been $169,300 a year. His new gig as vice president came with a 30% raise.

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In 2014, Biden spoke at a White House event that centered on problems working families face. He noted that he had been listed as the “poorest man in Congress.” Wearing what he referred to as a “mildly expensive suit,” he stated plainly: “Don’t hold it against me that I don’t own a single stock or bond. I have no savings account. But I got a great pension, and I got a good salary.” 

That wasn’t entirely true. Biden’s financial disclosure that year showed that he did own a savings account with at least $1,000, and Jill had two certificate of deposit accounts at least $50,000 apiece, as well as some equity and bond funds that were part of her retirement accounts.

Even so, the Biden’s personal finances were not in great shape. That same disclosure also listed liabilities worth at least $780,000. Since 1998, when Biden built his home in Wilmington, he has frequently refinanced the property over the years. Before Biden’s son Beau died of brain cancer in 2015, the vice president said he was worried his son would have to resign from his job as Delaware’s attorney general while he was sick, and he considered selling his Wilmington house to help out his son. President Barack Obama discouraged him from selling the place, stepping in to say he would personally lend him the money if he needed it.

When Biden ended his term as vice president in January 2017, he filed another financial disclosure form, listing assets and liabilities worth somewhere between negative $897,000 and positive $489,000. But over the next 23 months, the Bidens earned more than $15 million, according to tax filings. Joe Biden got $1.8 million from book tour events and $2.4 million in speaking fees, according to his most recent financial disclosure. He also earned $775,000 from the University of Pennsylvania to lead the Penn Biden Center for Diplomacy and Global Engagement as the Benjamin Franklin presidential professor of practice. Jill added $700,000 in speaking fees.

Those earnings allowed the couple to buy a 4,800-square-foot house by the water in Rehoboth Beach, Delaware, in 2017, and pay off at least one mortgage on their Wilmington house. They also contributed over $1 million to charities, including two controlled by their own family. They gave $150,000 to the Beau Biden Foundation for the Protection of Children and $100,000 to the Joseph Biden Foundation.

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The Bidens still have some debt. County records show that a $540,000 mortgage on the Wilmington house, recorded in 2013, has yet to be paid off. There are also two other liabilities listed on his disclosure. One of them is a line of credit, for $15,000 to $50,000, which Biden co-signed with one of his sons.

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Dave Calhoun Net Worth

Dave Calhoun net worth

Dave Calhoun net worth: David L. Calhoun is an American businessman and president and CEO of The Boeing Company. He was appointed after the then CEO, Dennis Muilenburg, was fired amidst safety issues regarding the 737 MAX after two fatal crashes that claimed the lives of 346 passengers and crew on board. Read on to find more information about Dave Calhoun net worth in this article.

Early life

Calhoun was born on April 18, 1957 in Philadelphia, Pennsylvania. He grew up in Allentown, Pennsylvania, where he graduated from Parkland High School in 1975. In high school, Calhoun was one of three captains of the varsity basketball team and he played golf In 1979, he graduated from Virginia Tech with a degree in accounting.

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Career

After Calhoun graduated from college, he gained employment at General Electric (GE). He decided to work for GE at that time, due to its close proximity to where he lived in Lehigh Valley.

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 He worked at GE for 26 years, overseeing transportation, aircraft engines, reinsurance, lighting and other GE units, before ultimately being appointed as vice chairman of the company and a member of GE’s Board of Directors in 2005.

Calhoun left GE to join privately held global information services firm VNU as CEO in 2006. Under his leadership the company rebranded itself as Nielsen Holdings, returned to the public markets in 2011, and was added to the S&P 500 Index in 2013.

 In 2014, Calhoun became executive chairman of Nielsen and also joined The Blackstone Group as a senior managing director and head of portfolio operations and a member of Blackstone’s management committee. Blackstone had been one of six private equity firms that backed Nielsen’s transformation. During his career, Calhoun was on the board of directors of Caterpillar, Gates Corporation, and Medtronic.

Boeing Career

Since 2009, Calhoun has served as a director at Boeing, and was named lead independent director in 2018. In October 2019, he was named chairman of Boeing in the wake of the Boeing 737 MAX groundings, and on December 23, 2019, he stepped down as chairman in preparation for becoming Boeing’s CEO and president, effective January 13, 2020.

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Dave Calhoun Net Worth

Dave Calhoun net worth is estimated at $ 30 million. In 2020, Calhoun earned $21.1 million in compensation. Calhoun owns over 5,000 units of Boeing Co stock worth over $4,499,450 and over the last 12 years he sold BA stock worth over $20,667,800.

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Oliver Zipse Net Worth

Oliver Zipse net worth

What is Oliver Zipse net worth: Oliver Zipse is a German manager who has been serving as Chairman of the Board of Management (CEO) of BMW. He has been the CEO since 2019. Read on to find Oliver Zipse net worth here.

Early life and education

graduated from high school in Bensheim in 1983. He studied computer science and mathematics at the University of Utah in Salt Lake City from 1983 to 1985 without obtaining a degree. In 1985 he switched to mechanical engineering at the Technische Universität Darmstadt and graduated in 1991 with a degree in mechanical engineering.

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 In 1999 he also graduated from the Kellogg-WHU Executive MBA Program which is a joint MBA degree from Kellogg School of Management, the USA, and WHU – Otto Beisheim School of Management, Germany.

Career

Zipse has spent his entire professional life at BMW AG. He joined the company in 1991 as a trainee in development, technical planning and production. From 1992 to 1994, he worked as a project engineer in technology development. From 1994 to 2006, he held various leadership positions in development, production and production planning in Munich and South Africa.

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 From 2007 to 2008 he was the plant manager at the Mini-plant Oxford. From 2009 to 2012, he was head of technical planning before becoming head of group planning and production strategy from 2012 to May 2015.

On May 13, 2015, he was appointed to the board of management of BMW AG, succeeding former chairman Harald Krüger; Zipse moved up to that position from a management role in product strategy and running the Mini assembly plant in England. His primary responsibility in that board role was for production.

One news report summarized his achievement as: “Under Zipse’s watch, BMW’s efficient production network, which he expanded in Hungary, China and the U.S., has helped the company deliver industry-leading profit margins despite its relatively small scale”.

On July 18, 2019, Zipse was appointed chairman of the Board (CEO), effective 16 August 2019. He was described by Norbert Reithofer, chairman of the supervisory board, as “a decisive strategic and analytical leader”.

Oliver Zipse Net Worth

According to mywage, Oliver takes a monthly salary of $290,000 and an annual salary of over $3 million as CEO. Zipse is an advocate of experimenting and pioneering new technologies within the BMW group

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Charles Woodburn Net Worth

Charles Woodburn net worth

What is Charles Woodburn net worth?

Charles Woodburn is a British businessman who has been the CEO of BAE Systems since July 2017.

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Woodburn earned a bachelor’s degree in electrical sciences from St John’s College at the University of Cambridge in 1992 and a PhD in engineering from Cambridge University, followed by an MBA from Erasmus University Rotterdam.

Keep reading to find Charles Woodburn net worth

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Before working for BAE Systems, Woodburn was chief executive of Expro Group, which surveys and manages oil and gas wells around the world. He had also spent 15 years at Schlumberger, an oil services company, overseeing major projects in Thailand, Australia, and the US.

On joining BAE Systems he was to be paid a base salary of £750,000 a year and given more than £1.6m to buy him out of incentive schemes at Expro. It was reported in December 2016 that he was paid a total joining package worth £3 million.

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