'Middle Class Joe' Biden is now firmly in the upper class 2020Money by mtindera07
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.”
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 presidenthe 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.
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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