The Bidens owns a sprawling mansion in a tony section of Wilmington, Delaware. The couple set up two S-corporations, CelticCapri and Giacoppa, for speaking engagements and book payments related to the couple’s memoirs. A rep for Flatiron Books did not immediately return a request for comment Tuesday.
It’s not clear when Biden’s next book will be released. “Promise Me, Dad: A Year of Hope, Hardship and Purpose” was released in 2017. In 2017, Biden and his wife signed a reported $8 million joint book deal with Flatiron Books for Jill to write one book (“Where the Light Enters”) and Joe to write two. In the year after he left office as vice president in 2017, Biden and his wife, Jill, earned more than $11 million, and raked in $4.6 million the following year, according to Forbes.ġ2 The Bidens signed a reported $8 million shared book deal in 2017, which led to Biden’s “Promise Me, Dad” memoir and other books. He also claimed between $780,000 and about $1.6 million in liabilities, according to his 2016 personal financial disclosure form.īut Biden’s fortunes rapidly changed between 20, with help from both his son Hunter and his brother James, according to a congressional report. In 2016, his last year as vice president, “middle-class Joe” reported between $291,000 and about $1 million in assets and income outside his vice presidential salary of $230,700. But his fortunes rose precipitously following his years as vice president, thanks to a flurry of cash from book deals and speeches - as well as regular kickbacks from his brother and younger son, according to text messages from Hunter Biden’s laptop and a congressional probe. When Joe Biden was a US senator, he referred to himself as “one of the poorest members” of Congress.
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