How Biden went from 'one of the poorest' in Congress to a millionaire
And in the years leading up to that job, he earned around $155,000 annually as a senator plus another $20,000 teaching at Widener University.for his role at the Penn Biden Center for Diplomacy and Global Engagement — the DC-based think tank where classified documents were found last November — and as the Benjamin Franklin Presidential Practice Professor at the University of Pennsylvania.
. In 2017, Biden was paid more than half a million for his roles at the Penn Biden Center and the University of Pennsylvania.In 2019, when he began campaigning to be president, Biden took a leave of absence from the school, decreasing his salary to $135,000.Biden earned more than $4 million in late 2017 and 2018 from giving dozens of speeches — ranging from $8,040 for an appearance at the Miami Book Fair to $235,000 for a book-tour related “VIP experience” in 2017. Biden addressed the World Economic Forum in Davos, Switzerland, and Harvard University in 2017 and was the featured speaker at the Human Rights Campaign dinner in 2018, according to public disclosures.For her part, Jill Biden disclosed 18 speaking engagements totaling $700,000, earning between $25,000 and $66,000 per speech after her husband left the vice president’s office in 2017.Biden collected more than $225,000 from Random House for his first book, 2007’s “Promises to Keep: On Life and Politics.” Six years later, Jill reported $24,000 in author earnings after writing the 2012 children’s book “Don’t Forget, God Bless Our Troops,” according to Forbes. The Bidens signed a reported $8 million shared book deal in 2017, which led to Biden’s “Promise Me, Dad” memoir and other books.with Flatiron Books for Jill to write one book and Joe to write two. “Promise Me, Dad: A Year of Hope, Hardship and Purpose,” was released in 2017. It’s not clear when Biden’s next book will be released. A rep for Flatiron Books did not immediately return a request for comment Tuesday. The couple set up two S-corporations, CelticCapri and Giacoppa, for speaking engagements and book payments related to the couple’s memoirs.
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