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Joe Biden 2024: Age, Family, Net Worth, and Political Legacy as He Drops Out of Presidential Race

President Joe Biden prepares for a potential reelection bid in 2024 as his age, family, net worth, and political career come under renewed scrutiny. Credit: The White House, Public domain, via Wikimedia Commons

As President Joe Biden navigates his first term in office, speculation grows over his intention to seek reelection in 2024. With a long and storied career in American politics, Biden’s legacy is under increasing scrutiny, with questions surrounding his age, family, and financial standing adding to the discussions around a potential second term. As the political landscape intensifies, here’s a look at Joe Biden’s life, career, and what the 2024 election could mean for him.

At 81 years old, Joe Biden is the oldest sitting U.S. president. Born on November 20, 1942, his age has been a frequent topic of conversation as he approaches a potential second term. While his administration points to legislative victories and his focus on key issues such as infrastructure, economic recovery, and healthcare, questions about his stamina and ability to serve another full term persist. His age remains a focal point for both his critics and supporters as the 2024 election nears, with some observers highlighting his experience, while others raise concerns about his capacity to govern effectively at his advanced age.

Biden’s family has played a central role in his personal and public life. He is married to Dr. Jill Biden, an educator who has continued teaching during her time as First Lady. The couple has been married since 1977, and they have one daughter, Ashley Biden, who has largely stayed out of the political spotlight. Biden’s personal life has also been marked by tragedy. His first wife, Neilia, and daughter Naomi died in a car accident in 1972, a loss that profoundly affected him. He also faced the devastating death of his son, Beau Biden, from brain cancer in 2015. Biden’s other son, Hunter Biden, has been the subject of ongoing controversy and legal challenges, which have cast a shadow over the Biden family.

Financially, Joe Biden’s net worth has seen a significant rise since his time as vice president under Barack Obama. While serving in public office for most of his life, Biden’s wealth remained modest. However, after leaving the vice presidency, Biden capitalized on speaking engagements, book deals, and his status as a public figure, which substantially increased his financial standing. Estimates place Biden’s net worth at approximately $8 million, a figure bolstered by book royalties from his memoir "Promise Me, Dad" and his wife’s book "Where the Light Enters." The couple also owns two homes, including a beach house in Delaware.

Biden’s political career spans over five decades, with his first foray into politics coming in 1972 when he was elected as a U.S. Senator from Delaware. He went on to serve six terms in the Senate before becoming vice president in 2008 under the Obama administration. During his time in the Senate, Biden developed a reputation for his expertise in foreign policy and his work on issues such as criminal justice reform and civil rights.

Biden’s presidency, which began in January 2021, has been defined by major legislative achievements, including the passage of the American Rescue Plan and a bipartisan infrastructure bill. However, his administration has also faced significant challenges, including the withdrawal from Afghanistan, rising inflation, and an ongoing battle with COVID-19. These issues, combined with concerns over his age, have fueled debates about his viability as a candidate for reelection in 2024.

As he approaches the end of his first term, Biden continues to focus on key priorities, including economic recovery, healthcare, and climate change, while also grappling with the political dynamics that will shape the next presidential race.

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