Delaware
Joe Biden turns his Delaware home into 'personal ATM', earns $4.2mn from $350K property: Report
United States President Joe Biden and First Lady Jill Biden are believed to have treated their various real estate holdings in Delaware as their personal ATM for years by using them for various mortgages and refinancing them for not less than 35 times, according to a report.
The couple, whose reported net worth is $10 million, have allegedly borrowed $6 million against their properties for many years.
The dealings over their homes in Delaware are likely to have started in the late 1970s just after Joe and Jill got married.
According to a report published in the Daily Mail, the mortgage or credit deals were negotiated by the couple after approximately every 17 months. Such frequent refinancing has left the finance experts puzzled.
“It doesn’t make a lot of sense unless they were desperate for cash,” said a finance expert, while speaking to Daily Mail.
The revelations made in the report have further added mystery to the financial past of his family as the president faces scrutiny over financial transactions.
Biden’s murky financial transactions
The current residence of Bidens is a mansion which was purchased in 1996 and has an outstanding $541,000 mortgage after nearly three decades, as per records.
“Why would anyone view their home as an ATM?” LA realtor Tony Mariotti said while speaking to the Daily Mail.
“Over time, mortgage fees really add up. Paying off a mortgage… is like a forced savings account that bears modest interest,” Mariotti added.
As per the records, in 1996 the current four-acre spread was purchased by Bidens for $350,000 and they have since leveraged it with 20 different home credit agreements as well as mortgages totalling $4.23 million.
Watch: US: Biden & Trump prep for key Presidential debate
Bidens’ other major property is a summer home in Rehoboth Beach which was purchased in 2017 for $2.74 million. It was a cash purchase and had no mortgages attached to it.
However, financial records of Bidens show that they have significant debt and have a mortgage on the Wilmington home as well as an equity loan on the same property.
The family’s total liabilities fall between $350,000 and $850,000. Their estimated assets fall between $1 million and $2.6 million.
According to the records, the Bidens have sanctioned 13 home loans and two credit agreements between 1978 and 1994 which totals $1.72 million.
(With inputs from agencies)
Which famous people have visited Hotel du Pont in Delaware?
Athletes, world leaders, actors and other famous people have visited the Hotel du Pont in Wilmington over the years.
Southern rap icon 2 Chainz is coming for Delaware’s neck this summer in a special event highlighting his recently released New York Times Bestseller, “The Voice in My Head is God.”
This book talk is set for Wilmington Public Library on July 21. Folks interested in attending are required to purchase the book at registration. The cost of a ticket includes the book.
Here’s what to know about 2 Chainz, “The Voice in My Head is God” and how he was involved in one of the greatest hip-hop concerts that Delaware never got to see.
Who is rap star 2 Chainz?
Tauheed Epps, better known by the stage name 2 Chainz, is a 48-year-old Georgia native who used to rap under the controversial moniker Ti– Boi when he was a member of the duo Playaz Circle, alongside his friend Dolla Boy. In 2007, the duo signed to Ludacris’ Disturbing tha Peace (DTP), a label that operated under Def Jam, according to an article from Revolt.TV.
That same year, Playaz Circle dropped the major song “Duffle Bag Boy” featuring Lil Wayne. The Atlanta-area rapper eventually went solo and began his journey as a trap music icon who switched his name to 2 Chainz, under which he’s gained a ridiculous amount of music collaborations and success.
According to RIAA.com, 2 Chainz has racked up over a dozen singles and albums combined that have each gone platinum (including “I’m Different” and “Based on a T.R.U. Story”). That doesn’t even include the multiple guest records he’s appeared on that have gone platinum, too.
From Lil Wayne to Drake, 2 Chainz has worked with everyone
Some of the artists 2 Chainz has teamed with include Quavo and Gucci (“Good Drank”), Wiz Khalifa on the song “We Own It” (Fast and Furious) and J Cole (“Chris Tucker”), plus repeat collabs with artists like Kanye West (“Champions,” “The One”), Drake (“Sacrifices,” “No Lie”) and a joint album with Lil Wayne (“Welcome 2 Collegegrove”).
The rapper 2 Chainz has been nominated for six Grammys Awards and won his first in 2017 for Best Rap Performance on Chance The Rapper’s tune “No Problem.”
That time 2 Chainz brought in LeBron James
Thinking outside of the box, 2 Chainz brought on LeBron James (yep, the same NBA superstar who reportedly is considering signing with the Philadelphia 76ers) as an A&R for his 2019 album: “Rap or Go To the League,” Billboard reported.
2 Chainz releases new book, ‘The Voice in My Head is God’
The rapper’s new book released this past spring and highlights how 2 Chainz, raised by a single mom while his dad served prison time, chose to step away from the streets and discovered “his purpose: not by fame or fear, but by faith,” per the book’s synopsis on Amazon.
“In his most personal work yet, Grammy Award–winning rapper 2 Chainz shares the spiritual journey behind his success, offering a raw, reflective, and deeply motivational meditation on the inner voice that’s guided him his whole life: God.”
2 Chainz and the super Delaware concert that never was
One of Delaware’s greatest hip-hop concerts to never happen was supposed to include several rap legends a few years ago, and 2 Chainz was one of them.
This super concert was titled “Masters of the Mic: Hip Hop 50 Tour,” a celebration of hip-hop’s 50th anniversary, and it was set to be held at Frawley’s Stadium in Wilmington in 2023.
The tour stop to Delaware was slated to feature a lineup that included a blend of contemporary rappers and pioneers such as Rick Ross, 2 Chainz, Fat Joe, Big Daddy Kane, Doug E. Fresh, EPMD, Rakim and Slick Rick.
Just days before the event, however, The Grand in Wilmington announced on social media that the plug had been pulled on the concert “due to circumstances beyond our control.”
A big reason the event was sunk is likely due to the price of tickets, which were initially $170 per person. The Grand offered the same tickets for $100 on Facebook not long before the show was canceled.
This upcoming book talk with 2 Chainz should be redemption for Delaware fans who missed him because of the canceled tour stop in 2023.
How much are tickets to see 2 Chainz in Delaware?
Interested guests are required to purchase 2 Chainz’s new book, “The Voice in my Head is God,” to attend his Delaware book talk. The price of ticketed admission is $28.52 and includes the book. Be warned: Tickets may not be available if you wait too long. Tickets can be purchased at Eventbrite.com.
Where in Delaware is 2 Chainz for his book talk?
Wilmington Public Library (10 E. 10th St., Wilmington) from 6 to 8 p.m. July 21. For more information, visit facebook.com/WilmingtonLibraryDE or Wilmington Public Library’s Eventbrite page or call (302) 571-7400.
If you have an interesting story idea, email lifestyle reporter Andre Lamar at alamar@gannett.com. Consider signing up for his weekly newsletter, DO Delaware, at delawareonline.com/newsletters.
Is Jersey Mike’s the new fast‑food king? How it beat Chick‑fil‑A
Jersey Mike’s beats Chick-fil-A for top customer satisfaction in ACSI study; praised for fresh, made-to-order subs.
Plans for one of the nation’s most popular fast-food chains to open a location in the city of Delaware are moving forward.
Chick-fil-A is planning a new 5,033-square-foot restaurant with a double drive-through lane on a nearly 2-acre site on Delaware’s east side.
The development plans are headed to Delaware City Council after the city’s Planning Commission approved them July 1.
This location would be the first Chick-fil-A in the city of Delaware, but not in the county. The chain has a location in Lewis Center and three in the Polaris area, according to the company’s website.
The popular chicken restaurant, a Chipotle location and other to-be-announced restaurants and retail are part of a new Trailhead Crossing development planned on the eastern edge of Delaware near Sunbury Road (State Route 36) and Sky View Lane, documents indicate. City council approved rezoning the site in February.
Get more Delaware County news: Subscribe to The Dispatch’s free weekly Delaware County newsletter, The Delaware Dispatch.
The restaurant will include 92 indoor seats, an outdoor patio with 20 seats and 68 parking spots, planning documents show.
An internal access drive connecting to Sky View Lane from the west and Biltmore Drive from the north will be built within the site and will connect to all the lots within the Trailhead Crossing development. The access from Sky View Lane will be right-in/right-out only. The site will not have access directly from Sunbury Road, city documents state.
Chris Tebbe, an engineer with the Dublin-based firm Tebbe Civil Engineering, didn’t know an exact opening date for the restaurant, but said once plans are approved by the City Council, crews will be working on the location this year into next year.
Delaware County and eastern Columbus suburbs reporter Maria DeVito can be reached at mdevito@dispatch.com and @mariadevito13.dispatch.com on Bluesky and @MariaDeVito13 on X.
Wednesday, July 8, 2026 10:19PM
ASTON, Pa. (WPVI) — Summer camps are in full swing, and on Wednesday the Action Cam was in Aston, where kids are getting some hands-on learning at Delaware County Technical School.
Middle school students are exploring career pathways as they build, cook, design and create in state-of-the-art classrooms.
They are doing everything from carpentry to cosmetology.
By the end of camp, the kids will create STEAM-based projects that they can take home.
Copyright © 2026 WPVI-TV. All Rights Reserved.
-
San Diego, CA2 minutes agoTerrifying moment huge sea lions chase tourists off popular California beach
-
Milwaukee, WI14 minutes agoMilwaukee leaders condemn ICE arrests as agency ignores City mask ordinance
-
Atlanta, GA17 minutes agoGeorgia Secretary of State opens investigation into voter registration mailers sent to deceased residents
-
Minneapolis, MN22 minutes agoMinneapolis chief communications officer Adam Fetcher out amid possible criminal charges
-
Indianapolis, IN29 minutes agoIndiana Workforce Pell Grant options limited so far
-
Pittsburg, PA32 minutes agoPennsylvania leaders take new approach to cracking down on robocalls
-
Augusta, GA37 minutes agoAugusta domestic violence shelter faces shortfall after Georgia funding veto
-
Washington, D.C44 minutes agoWhy Gov. Kim Reynolds turned down previous request to send National Guard to D.C.
