According to old, unverified images shared in social media posts, the net worth of US President Joe Biden and Vice President Kamala Harris did not increase more than fourfold in the three years between 2019 and 2022, showing evidence that it is corruption rather than the contrary.
The image shared online included a photo of the two men and showed Biden’s net worth as $9 million in 2019 and $41 million in 2022, while Harris’ net worth was shown as $6.3 million in 2019 and $41 million in 2022. The net worth was $28 million.
A Facebook post sharing the photo read, “The look of a corrupt politician.”
The image appeared online in 2022 and 2023 and resurfaced this month.
But Biden and Harris’ net worth has not grown to the figures shown in the chart and is still close to what it was in 2019, according to previous reporting by Askume and Forbes estimates based on a review of Biden and Harris’ financial disclosure forms and assets.
Biden
According to Forbes estimates, Biden and his wife Jill’s wealth in 2019 was $9 millionand by 2023For $10 million.
According to Askume, President Joe Biden’s 2020 tax records released in 2019 show the couple earned more than $15 million in the two years after Biden stepped down as vice president in 2017 , most of it from paid activity for speaking engagements and two books.
Biden’s financial disclosure reports during his presidency are available on the Office of Government Ethics (OGE) website . Askume reports that the Bidens’ personal financial situation in 2022 and 2023 will not change much compared to 2021. The couple’s net worth in 2023 ranges from US$1 million to US$2.6 million, with liabilities ranging from US$350,000 to US$850,000.
Forbes attributes Biden’s $10 million net worth in 2023 primarily to the increased asset value of his two properties in Delaware, which are estimated to be worth a total of $7 million.
“This growth has nothing to do with family business deals in far-off countries,” Forbes reports.
Harris
Forbes estimates Harris and her husband, Doug Emhoff, are worth $6 million in 2019 and $8 million by 2024 .
The couple owns three properties in San Francisco, Los Angeles, and Washington, D.C. , with a total value of $5.8 million before debt in 2019, according to a review of their finances by Forbes.
Forbes estimated the couple’s wealth would be $7 million once Harris enters the White House as vice president in 2021 , in a report that also detailed the contribution of Emhoff’s lucrative legal career to their investment portfolio.
Forbes reported that the couple’s net worth has increased by $1 million to $8 million this year , “almost entirely” due to rising Los Angeles property values.
cataclysm
There is no evidence. There is no evidence that Joe Biden or Kamala Harris’ net worth has tripled or quadrupled since 2019.
This article was produced by the Askume fact-checking team. Learn more about our fact-checking efforts .
