Joe Biden’s Cabinet looks rather different from Donald Trump’s, with more women, more people of color, more liberals—and a whole lot less money. It’s not that Biden’s bunch is poor, exactly. The president himself accumulated an $8 million net worth, mostly by writing a book and giving speeches since he departed the vice presidency in 2017. Vice President Kamala Harris is worth about $7 million, thanks in part to big earnings from her husband, a highly paid lawyer. All but 2 of the 15 officials alongside them are millionaires, by our count, and the group is worth $118 million overall. That’s comfortable, sure, but it’s the length of the Acela corridor (and then some) from the $6.2 billion combined net worth of Trump’s crew or the $2.8 billion fortune of Barack Obama’s second-term team.
His Cabiinet skews more liberal and diverse as one would expect. But as far as personal wealth goes, it’s worth far less. We take a quick look at the individual wealth of each member.
Read it on Forbes: https://www.forbes.com/sites/michelatindera/2021/06/29/the-net-worth-of-joe-bidens-cabinet/?sh=7e1147e77498
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.