The chairman of the United states is the highest possible political office location one have the right to have in America. Yet how much does the chairman make? You might be surprised by the number.

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Former Vice chairman Joe Biden was elected as the 46th chairman of the United claims on November 7, 2020, ~ a victory in totter states, such together Nevada and also Pennsylvania. His running mate, former Senator Kamala Harris the California, was additionally elected as the 49th Vice president of the unified States and became the an initial woman to organize the title. The democratic team beat former President Donald Trump and also Vice chairman Mike Pence to win the 2020 election. Biden and Harris will certainly take the oath that office together the next POTUS and VPOTUS on Inauguration work on Jaunuary 20, 2021.

Like most U.S. Federal federal government jobs, the chairman does get a salary, which method that Biden will certainly be paid because that his task as the commander-in-chief and also as the head the government. Yet Americans may be surprised at exactly how much the president gets paid every year—at least, contrasted to someone choose the Queen the England. Read around how lot the chairman earns ahead.

How much does the chairman make?

According come 3 U.S. Code § 102, the president of the unified States renders $400,000 per year. The president likewise receives a $50,000 price allowance, a $100,000 non-taxable travel account and also $19,000 because that entertainment every year. (Per the code, any kind of unused amount native the $50,000 expense allowance must additionally be went back to the treasury.) In total, this equals to $569,000 for every one of the president’s expenses each year. (The an initial Lady, on the various other hand, no make any type of money.) because George Washington became the first president the the United states in 1789, there have actually been 5 salary rises for the commander-in-chief. The most recent was in 2001 when the salary doubled from $200,000 to $400,000. Washington, for his part, made $25,000 every year, which equates to to $600,000 today after factoring in inflation.

Though a value is offered to the president, no all commanders-in-chief have accepted. Follow to Politico, Herbert Hoover, the 31st president, to be the very first president to refuse his salary as soon as he was chosen in 1917. He rather donated it come charity. John F. Kennedy, the 35th president, additionally refused his salary once he was chosen in 1961. Every Politico, he rejected both his conference salary when he was a member the the house of Representatives and also his presidential salary as POTUS. The did, however, keep his $50,000 cost allowance. Prefer Hoover, Kennedy donated his presidential value to assorted charities.


Image: AP Photo/Andrew Harnik, Pool.

What are various other presidential perks?

Along with their salary, the president additionally receives many perks together POTUS. The very first is free transportation in the presidential limousine, maritime One and also Air force One. Presidents also, of course, receive complimentary housing in the White House. At the finish of their terms, presidents stay on the federal government payroll, which consists of an yearly pension of around $200,000, healthcare, paid official travel and an office, follow to organization Insider.

Per business Insider, presidents also receive $100,000 come redecorate the White home once they’re elected. (Several presidents, such together Barack Obama, decided to not to use the money and used their own funds to redecorate instead.) top top the food side, the president likewise has accessibility to the White House’s new fruits and also vegetable garden, and also has meals developed by an executive chef and an executive, management pastry chef. There space also an ext than 100 permanent occupants in the White House, including maids, cooks, a plumber, a florist and also a head housekeeper, according to company Insider. Within the White House, there’s also a movie theatre and also a bowling alley.

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So, while the president isn’t making countless dollars every year, like, say, the Kardashians, it seems they have every little thing they require in the White House, to add a few hundred hundreds of dollars of security money. According to Forbes, Biden’s network worth is $9 million, which consists of the money he’s made as a senator, vice president and also now president. The sum also includes the six-figure book deals he’s been paid in the past. No bad.