Jill Biden Net Worth: How Much Money Did the First Lady and Joe Biden Make During Their First Year in White House
First lady Jill Biden and President Joe Biden released their 2021 tax returns on Friday, revealing an income of $610,702 during their first year in the White House.
According to NBC News, the first couple paid $150,439 in federal income tax, a tax rate of 25 percent. The Bidens also paid $30,765 in Delaware income tax and $2,721 in Virginia, coming from Jill's salary from teaching at Northern Virginia Community College.
The first couple has reportedly made just over $600,000 in 2020. Biden had a salary of $400,000 a year as president and had an expense allowance of $50,000, which is an amount established by Congress.
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First Lady Jill Biden Net Worth
According to Celebrity Net Worth, Jill Biden has a net worth of $9 million. Aside from being married to the current president, Jill is also best known for being the second lady from 2009 to 2017.
Jill also has had a career teaching at high schools, psychiatric hospitals, and community colleges. Federal financial disclosures showed that Jill's teaching salary is usually around $100,000 per year as a Northern Virginia Community College professor.
Jill also wrote a children's book entitled "Don't Forget, God Bless Our Troops." It was based on her stepson Beau Biden's military deployment. She later released a memoir entitled "Where the Light Enters: Building a Family, Discovering Myself."
In 2020, she published another children's book entitled "Joey: The Story of Joe Biden." After leaving the White House in 2016, Biden and Jill signed a $10 million joint book deal covering three books.
The Bidens bought their home in Wilmington, Delaware in 1997 for $350,000. Recently, similar homes in the area have been sold for a bit more than $2 million.
In 2017, the two paid $2.74 million for a six-bedroom vacation home in Rehoboth Beach, Delaware. Years between 2018 and 2019, the president and the first lady rented a $4 million mansion in McLean, Virginia, which paid $20,000 per month.
Jill Biden as the First Lady
Jill Biden has continued to champion the causes that have molded her public life, including supporting military families, calling for increased education opportunities, and working to end cancer as we know it.
She also called for safely reopening schools, supporting the president's economic agenda, and encouraging adults and children to get vaccinated against COVID-19, according to the White House profile of the first lady.
During her first year in the White House, Jill Biden visited 16 military installations and held over 20 events with military families.
She also formed an interagency working group with the National Security Council, securing over 80 commitments and proposals to support military families.
The first lady also advocated for additional educational programming and support for military children and more focus on health and wellness in the military community.
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This article is owned by Latin Post.
Written by: Mary Webber
WATCH: Bidens Release 2021 Tax Returns - From MSNBC
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