Vice-President Joe Biden said he considered selling his home to help support his dying son’s family.
Obama offered to help Biden, who earns $230,000 annually.
Joe and Jill Biden reported an adjusted gross income of $388,844 on their 2014 tax return.
https://www.cnn.com/2016/01/11/politics/joe-biden-barack-obama-financial-help/index.htmlTue
January 12, 2016 Washington CNN —
As his eldest son faced the prospect of resigning as Delaware’s attorney general amid health concerns, Vice President Joe Biden received an offer that floored him: financial support from his boss, President Barack Obama.
In the never been told before story, Biden recalled how concerned Obama had been.
Describing in an interview with CNN chief political analyst Gloria Borger one of his weekly lunches with Obama,
Biden said he told the President he was worried about caring for Beau’s family without his son’s salary.“I said, ‘But I worked it out.’” Biden recalled telling Obama. “I said, ‘But –
Jill and I will sell the house and be in good shape.’”Obama, Biden remembered, pushed back vehemently on the thought of Biden and his wife selling their home in Wilmington, Delaware.
“He got up and he said, ‘Don’t sell that house. Promise me you won’t sell the house,’” Biden continued, speculating Obama would be “mad” he was retelling the story.
“He said, ‘I’ll give you the money. Whatever you need, I’ll give you the money. Don’t, Joe – promise me. Promise me.’ I said, ‘I don’t think we’re going to have to anyway.’ He said, ‘promise me,’” Biden recalled.
________________________
________________________
____
While still serving as vice president, his net worth was $2.5 million, but in the years between holding political office his net worth shot up to $8 million, according to Forbes. Celebrity Net Worth pegs Biden's estimated net worth at $9 million.