Joe and Jill Biden have made $15M since leaving White House
Jul 10 2019
Former Vice President Joe Biden leaves the stage with his wife Jill after the conclusion of the second night of the first Democratic presidential candidates debate in Miami, Florida, U.S. June 27, 2019.
Biden and his wife earned more than $15 million during that two-year time frame, according to the returns released by Biden's campaign.
Biden made two investments in second and third homes since leaving office, purchasing a $2.7 million vacation house on the coast of DE and renting a 12,000 square foot five bedroom, ten bathroom home in McLean, Virginia.
In addition to his speaking fees, Biden's disclosure showed he also made at least $2.7 million in business income as part of his publicity tour and writing.
The majority of their income came from speaking engagements and payments for two books written by Biden, a top contender for the 2020 Democratic presidential nomination.
In releasing his tax filings, the Biden campaign took a shot at President Trump, who has yet to release his tax returns. Jill Biden taught at Northern Virginia Community College and made more than $180,000 in two years, while her husband was named the "Benjamin Franklin presidential practice professor" at the University of Pennsylvania, earning more than $775,000 in two years.
The role of money in politics has come under increased scrutiny - particularly after left-leaning billionaire Tom Steyer entered the race on Tuesday.
He's recalled in interviews that President Obama offered to give him money when he mentioned that he and Jill Biden were pondering selling their DE home to help support his son Beau's family after their son had suffered a stroke. Elizabeth Warren both spoke out against inviting more billionaires into the political process.