The New York Times has admitted that emails from President Joe Biden’s son, Hunter Biden, to the Ukrainian gas company Burisma were found on his laptop, reviving interest in the young Biden.
American attorney and lobbyist Hunter Biden has a net worth of $1 million. The fact that Hunter is the son of former President Joe Biden has helped propel him to fame. Some people find Hunter controversial because they believe he took advantage of his relationship with his father to land lucrative jobs with foreign corporations.
Aside from his brother’s widow, he has had multiple affairs and is known to have struggled with drug addiction.
Early Life of Hunter Biden
Hunter Biden was born in February 1970 in Wilmington, Delaware. Joe Biden is his father. After completing his undergraduate studies at Georgetown, Hunter Biden attended Yale Law School to earn his Juris Doctor. He was a member of the US Naval Reserve.
His Career in Various Fields
Vice Chairman of NRPC
From July 2006 until January 2009, Hunter Biden was the Vice Chairman of the National Railroad Passenger Corporation. He helped establish the global consultancy Rosemont Seneca Partners. From 2014 until 2019, he was a member of the board of directors at Burisma Holdings, a Ukrainian natural gas producer. During his time on the Burisma board, Hunter Biden reportedly received monthly retainers of more than $50,000.
President Trump made the allegation in 2019 that Joe Biden tried to get a Ukrainian prosecutor fired to shield his son Hunter from criminal charges. There has been no investigation into Hunter Biden, and no wrongdoing has been uncovered. A 2019 impeachment investigation included consideration of these allegations.
In 1996, Hunter was employed by MBNA, a bank headquartered in Delaware, where he was paid $100,000 annually. After working for MBNA for several years, he decided to start his own lobbying firm in 2001. Hunter worked for MBNA as a paid consultant from 2001 to 2005.
According to The New York Times, MBNA paid his consulting firm millions of dollars. His brother Beau was on track to become Delaware’s next attorney general, and at the time, his father was the senior Senator from the state.
Hunter Biden served as a highly compensated Board Member for Burisma Holdings, a company based in Ukraine, from 2014 to 2019. During his time on the Board of Burisma, he reportedly made $50,000 per month. According to various sources, Hunter made between $850.000 and $3.000.000 during his time on the Burisma Board of Directors.
Paradigm Global Advisors
The Bidens’ nephew, Hunter, and Joe’s younger brother, James, bought a stake in the Paradigm Global Advisors hedge fund in 2006. They used a promissory note for the full purchase price of $8.1 million. Hunter and James did not fare well as investors during their five years at the firm.
Multiple accounts detail how they lost money to frauds and Ponzi schemes. Hunter received an annual salary of $1.2 million from the fund during his tenure there. The fund was allegedly unwound by Hunter and James in 2010, and the resulting $8.1 million promissory note was never repaid.
Hunter Biden Net Worth
On Friday, President Joe Biden’s second son, Hunter Biden, turned 52 years old. Following his father’s successful candidacy for the presidency, he has become more of a public figure and has pursued a wide range of careers and commercial interests throughout his adult life.
The 52-year-old has worked as a lawyer, a banker, a lobbyist, and an investor, among other occupations, but is widely believed to have amassed the bulk of his personal riches during his time in the military. According to Celebrity Net Worth, Hunter Biden is worth roughly $1 million as of the year 2021.
How Many Times Has He Been Married?
Kathleen Buhle and Hunter Biden were married for 25 years, from 1993 until 2017. (after separating in 2015). They are the parents of three children as a couple. After agreeing to pay his ex-wife $37,000 per month for a period of 10 years when they divorced, Hunter disclosed in an interview with The New Yorker that as of the year 2019, he subsists on a monthly income of $4,000.
This is despite the fact that when they were married, the couple had a monthly income of $43,000. He began dating his brother Beau’s widow in 2016, and their relationship lasted till 2019. The wedding took place in May 2019 and was attended by South African filmmaker Melissa Cohen. They just dated for ten days before getting married.
What Caused His His Lifelong Battle With Substance Abuse?
He was issued an administrative discharge after a urinalysis revealed the presence of cocaine. Hunter Biden publicly claimed that he had smoked a cocaine-laced cigarette by accident, but he ultimately opted not to challenge his termination.
He blames the 1972 car accident that killed his mother and sister for his lifelong battle with substance abuse, which he details in his novel Beautiful Things. He has been sober for extended periods of time throughout his adult life, with the help of recovery centres.
Unfortunately, Hunter’s brother’s untimely death in 2015 was a severe setback, and he has acknowledged to a significant relapse in recent years.