By now, you’ve probably noticed that people make assumptions about major politicians. For example, Joe Biden is a prominent Democrat, so he is associated with various political initiatives designed to help the poor and downtrodden. Therefore, like Bernie Sanders, people typically think of Biden as someone who rejects the kind of wealth that has become the hallmark of his political rival Donald Trump.
While that is true when it comes to politics, Joe Biden’s personal life is a different matter. In reality, he and wife Jill have amassed major wealth, and they don’t mind spending it on the kinds of things most of us can only dream of ever owning. This includes sporty cars, killer vacation homes, and more.
Don’t believe it? Keep reading to discover the surprisingly expensive things owned by Jill and Joe Biden!
Joe Biden’s sweet Corvette
As one of the longest-running politicians in American history, it’s fair to say that Joe Biden has some very old-school sensibilities. That extends to automobiles, and what most people don’t know about the former president is that he owns a 1967 Corvette Stingray. It’s as much a part of our national history as Biden himself, and it’s worth a cool $100,000.
At this point, you might be skeptical because you rarely see the elderly Biden behind the wheel of his sweet ride. However, he explained why this is in a 2011 interview with Car and Driver. “The Secret Service won’t let me drive it. I’m not allowed to drive anything. It’s the one thing I hate about this job. I’m serious,” he said. Of course, this was when Biden was still Barack Obama’s VP, so now that he’s out of the White House, maybe his security detail will let him take the Corvette for a spin.
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A swanky primary residence for the Bidens
Do you own your home? If so, you’ve probably noticed that its value has just been climbing and climbing in recent years. The same thing happened to Joe and Jill Biden’s primary residence in Greenville, Delaware, transforming a home that was already pretty pricey into one that only the wealthiest could afford to buy.
Back in 1996, the Bidens paid for this home for $350,000, and they got quite a bit for their money: four acres and 6,850 square feet of spacious home (and did we mention the manmade pond?). These days, that same house is now worth a whopping $2 million. While that’s more cash than we’ll ever see, it’s worth noting that the Bidens paid even more than that for a killer vacation home at the beach.
A pricy vacation home at the beach
After serving as Barack Obama’s Vice President, Joe Biden avoided running for president so that he could properly mourn the death of his son Beau. Hillary Clinton ran in his place and ultimately lost, meaning that Biden had to step back up in 2020 to defeat Donald Trump. Before that, though, he and Jill Biden completed a lifelong goal of buying an awesome vacation home that could easily host the whole family whenever everyone was ready to get together.
The house in question is a vacation home in Rehoboth Beach that affords breathtaking views of the Atlantic Ocean. And with six bedrooms, there really is room for the whole fam. But this convenience and great view came at a cost: the Bidens spent $2.7 million on the home, making it significantly more expensive than the current value of their primary residence.
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Jill Biden used to rock a pricy diamond
Earlier, we covered the fact that Joe Biden has a vintage Corvette worth more than $100,000. While Jill Biden doesn’t have anything quite that pricy of her own, she once owned the kind of diamond that most women would kill for. The rock in question was a gift from Indian Prime Minister Narendra Modi, and it’s 7.5 carats and worth $20,000.
Now, careful readers might notice our use of the past tense. What happened to this particular diamond? Well, it was retained for display in the White House, which meant she wasn’t allowed to keep it after her husband left office. Fortunately, she has no end of expensive toys (including some $8,750 Ruchi New York earrings) to take her mind off matters.
Will the Bidens be growing even wealthier?
Now you have a better idea of just how wealthy Joe and Jill Biden are thanks to their collection of expensive things. But will the Bidens be growing even wealthier? Thanks to a recent deal, the answer to that question is a resounding “yes!”
As reported by CBS News, the former president “has signed with the powerhouse talent agency CAA.” He’s worked with them before, like when he released his memoir and launched a book tour. While we don’t know what is next for Biden, he may very well start appearing in films, TV shows, commercials, and so on. That means extra wealth and even more bougie baubles for this surprisingly rich pair of Democratic leaders.
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