Hunter Biden Net Worth: A Look at the Wealth of Joe Biden’s Son!
Hunter Biden Net Worth: Hunter Biden is the second son of US President Joe Biden and an American attorney, consultant, lobbyist, and painter.
Hunter Biden has spent practically his whole life in the public eye as President Joe Biden’s son. He’s a rather controversial person, having been chastised for attempting to utilize his father’s closeness – Senator and subsequently Vice President and President of the United States – to secure lucrative jobs for foreign corporations. He’s also struggled with drug addiction and affairs, including one with the widow of his brother.
Are you curious about Hunter Biden’s net worth? This article will go into Hunter Biden’s net worth, business transactions, wealth, controversies, and more.
Hunter Biden’s Early Life And Career
Hunter Biden was born in February 1970 in Wilmington, Delaware. He is the son of Joseph Biden. Biden received a bachelor’s degree from Georgetown University and a juris doctorate from Yale. He was a member of the U.S. Navy Reserve. (Are you interested to read about Hunter Biden Case: Biden’s Laptop Becomes Subject of Controversy in Ongoing Paternity Case!)
Hunter Biden was Vice Chairman of the National Railroad Passenger Corporation from July 2006 until January 2009. He co-founded the international consulting company Rosemont Seneca Partners. From 2014 to 2019, he served on the board of the Ukrainian natural gas producer Burisma Holdings.
During his tenure as a board member of Burisma, Hunter Biden reportedly received a monthly retainer that exceeded $50,000 in some months.
President Trump asserted in 2019 that Joe Biden pursued the dismissal of a Ukrainian prosecutor to shield his son Hunter from the investigation. No investigation was conducted into Hunter Biden, and no evidence of malfeasance was discovered. The 2019 impeachment investigation included these allegations.
In 1996, Hunter earned a yearly salary of $100,000 while employed by the Delaware-based bank MBNA. In 2001, he quit MBNA to establish his own lobbying firm.
Hunter was a consultant for MBNA between 2001 and 2005. According to The New York Times, MBNA paid his consulting company millions of dollars. At the time, his father was the state’s senior senator, and his brother Beau would shortly become Delaware’s attorney general.
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Paradigm Global Advisors
Hunter Biden and his uncle James Biden (Joe’s younger sibling) acquired the hedge fund Paradigm Global Advisors in 2006. They paid $8,1,000,000 in promissory notes to acquire the business. Hunter and James were not particularly effective investors during their five years at the company.
They allegedly lost money on multiple occasions to forgeries and Ponzi schemes. During his tenure at the fund, Hunter was paid an annual compensation of $1.2 million. Hunter and James allegedly liquidated the investment fund in 2010 and never repaid the $8,1,000,000 promissory note.
As previously noted, Hunter Biden served as a highly compensated Board Member for the Ukrainian company Burisma Holdings from 2014 to 2019. As a member of the Board of Burisma, he reportedly earned $50,000 per month. It is estimated that Hunter earned between $850,000 and $3,000,000 during his tenure as a Burisma Board Member.
Hunter Biden’s Net Worth
The net worth of Hunter Biden is $230 Million. Recent negotiations between Hunter Biden and a Chinese energy company have resulted in an annual income of over $5 million and a 2% increase in his net worth. Hunter Biden executes tens of such transactions annually, thereby amassing an immense fortune.
Hunter Biden’s Assets
Hunter Biden possesses over fifteen residential properties, nine automobiles, and three luxury yachts. Hunter Biden’s Assets also include over $50,000,000 in Cash reserves. Additionally, Hunter Biden possesses a portfolio of fourteen stocks worth $85 million.
Additionally, Hunter Biden has over $45 million in Bank Deposits and Government Bonds, which provide him with annual interest and dividend distributions. The total annual rental income garnered by Hunter Biden exceeds $5 million. Hunter Biden’s dividend and interest income is an additional $2 million.
A high net worth does not necessarily indicate a lavish lifestyle. However, Hunter Biden flaunts his fortune through his expensive real estate properties. In 2020, Hunter Biden purchased an expensive residence for $35 Million. This luxury residence features the following amenities.
- Yoga Studio
- Bowling Alley
- Game Room
- 5 Office Rooms
- 8 Fire Places
- 2 Modular kitchens
- 1 Outdoor Kitchen
- Tennis Court
- Wine Cellar
- 15-Seater Dining Room
- 2 Swimming Pools
- 14 Bedrooms
- 16 Bathrooms
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- Ferrari 812 $600,000 USD
- BMW Z3 $210,000 USD
- Rolls-Royce Ghost $1.4 Million USD
- Mercedes-Benz S-Class $200,000 USD
Personal Life of Hunter Biden
Kathleen Buhle and Hunter Biden were married from 1993 to 2017 (after separating in 2015). Together, they have three children.
Hunter disclosed in a 2019 interview that he was surviving on a monthly income of $4,000 after agreeing to pay his ex-wife $37,000 per month for 10 years following their divorce.
From 2016 to 2019, he dated the widow of his sibling Beau.
Hunter wedded South African filmmaker Melissa Cohen in May of 2019. They wed 10 days after their first meeting. They had a son in March 2020.
Lunden Alexis Roberts gave birth to Hunter’s infant in August of 2018. In May 2023, Hunter petitioned an Arkansas court, where Lunden and their child reside, to reduce his monthly support obligation. Hunter disclosed in his filing that he was paying Lunden $20,000 per month and had already paid her $750,000.