5 Things We Learned From Joe Biden’s New Financial Disclosure

Joe Biden earned more than $900,000 in 2019, much of it before he started running for president, according to a financial disclosure form he filed with the Federal Election Commission Friday.

Here are five takeaways from the report. 

1. Biden reported total income of a little more than $900,000 since January 2019. That’s down from the $4.6 million that Joe and his wife Jill reported on their 2018 tax returns in 2018, and way down from the $11 million they reported on their 2017 ones.
2. Biden earned $135,116 in a salary from the University of Pennsylvania, according to the latest report, which dates back to the start of 2019. He took a role as the Benjamin Franklin Presidential Practice professor in 2017 and went on unpaid leave in April 2019.
3. Joe Biden made about $450,000 from just four speaking engagements at the end of 2018 and first month of 2019. Jill Biden made about $100,000 from three speaking engagements.
4. The Bidens still do not own any individual stocks. The disclosure shows that they hold interest in a variable annuity, with 11 different mutual funds worth at least $25,000 combined, as well as a TIAA-CREF account and other retirement plans through the state Virginia.

The Bidens keep a lot of cash on hand. The latest disclosure shows that they hold at least $950,000 in cash in six different bank accounts, including his Senate credit union account and another with local a Delaware bank, Wilmington Savings and Fund Society.