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Reply to "Joe Biden net worth between $39,000 and $800,000"
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[quote=Anonymous]His defined benefit pension package is not reportable but is likely worth ca. $2.5M, based on an NPV calculation of the government's contribution to the former CSRS Congressional class of pensions. His primary residence in DE is also not part of the disclosure (but it would be if there were unrelated co-owners, and receiving a mortgage from certain types of persons would also be a separate disclosure). The likely real range is something on the order of $4M. Very healthy and appealing, but far from rich and not one penny more than he'd be worth had he worked his whole life in a good, less-than-top-40 law firm. [/quote]
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