👉 The claim: Joe Biden lives in a large estate bought on a senator's salary. The former VP does not live in the home pictured in Eric Trump's social media posts, though he did own it until 1996. He also has not earned a senator's salary since 2009.
Biden's finances through the yearshis modest upbringing throughout his political career, referring to himself as “Middle Class Joe” and “one of the poorest members of Congress,”Biden as the “least wealthy administration figure” with an estimated net worth of $27,012.more than $15 million dollars from public speaking, teaching and writing. Biden has not served in Congress as a senator since becoming vice president in 2009..Biden faced some financial challenges during his vice presidency.
"He said, 'I'll give you the money. Whatever you need, I'll give you the money. Don't, Joe – promise me. Promise me.' I said, 'I don't think we're going to have to anyway.' He said, 'promise me,'" Biden said recounting the exchange with Obama during an interview with CNN.the falsehoods in Trump’s claim.
“Actually, that's not Biden's house. It's a money pit he bought in 1975 for $185,000, spent 21 years renovating and sold in 1996 for $1.2 million. I wrote about it last time he ran 12 years ago,”the false statement on Twitter.Fact check:Former Vice President Biden no longer lives in the home pictured in Eric Trump's social media posts. Biden owned and renovated the former DuPont mansion for two decades before selling it for a profit in 1996.
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