Middle Class Joe No Mo’: Biden Raked in $15M in Speaking Fees, Book Deals | NTK Network Middle Class Joe No Mo’: Biden Raked in $15M in Speaking Fees, Book Deals

Middle Class Joe No Mo’: Biden Raked in $15M in Speaking Fees, Book Deals

Biden raked in all $15 million in just 2 years after exiting the White House. Sound familiar? It’s a page from the Hillary Clinton playbook.

By NTK Staff | 07.10.2019 @10:00am
Middle Class Joe No Mo’: Biden Raked in $15M in Speaking Fees, Book Deals

Former Vice President Joe Biden and his wife Jill raked in more than $15 million during the two years after they left government, according to financial documents and tax returns, per Politico.

Most of the money came from lucrative speaking engagements and book deals, a call back to Hillary Clinton’s controversial 2016 campaign.

Biden often seeks to portray himself as “middle-class Joe,” but as these disclosures make clear, he’s amassed a fortune in recent years that could make that moniker ring a little hollow.

The new documents show Joe Biden earned more than $4 million in late 2017 and 2018 from giving more than four dozen speeches, banking up to $235,000 for one appearance. He was paid $540,484 for in role at the University of Pennsylvania. And he owns a corporation, established to handle his post-White House speaking and book deals, now valued at between $1 and $5 million.

The Bidens also purchased a $2.7 million beach house in Rehoboth Beach, Delaware, complete with six bedrooms and multiple decks.

If all of this is sounding a bit familiar, that’s because the Democrats’ last presidential nominee engaged in very similar behavior when she left the Obama State Department.

Candidates’ lucrative speaking fees have been a political flashpoint in recent years, especially for Democrats. Hillary Clinton faced repeated questions in her 2016 presidential campaign about speeches.

Clinton’s financial disclosure in 2015 showed she and her husband, former President Clinton, banked more than $25 million since the start of 2014, collecting an average of $250,000 per appearance — including before major corporations like Goldman Sachs.

Biden’s team defended his speeches by arguing that “more than half his speaking engagements were open to the press,” unlike Clinton’s.

And as Los Angeles Times reporter Evan Halper noted, raking in huge sums from colleges and universities and then complaining about high tuition rates seems a bit hypocritical:

Sign Up

for NTK updates every week.


View Privacy Policy