What is Hunter Biden’s net worth and salary?

Hunter Biden, the son of President Joe Biden, has a net worth of $1 million. He is a lawyer and lobbyist who has faced criticism for using his close relationship with his father to secure lucrative positions for foreign companies. Additionally, Hunter has struggled with drug addiction and has been involved in controversial affairs, including one with his brother’s widow.

Hunter Biden’s Controversial Income and Spending Habits

Between 2014 and 2016, Hunter Biden reportedly earned $6 million from various income sources, including serving on the board of a Ukrainian natural gas company from 2014 to 2019. However, leaked emails and texts revealed that he spent his money on a fleet of luxury vehicles, an $80,000 boat, drugs, and women. His debt reportedly topped $475,000, including $320,000 in unpaid federal taxes.

In 2020, he paid off the tax bill through an entertainment lawyer named Kevin Morris, who reportedly lent him $2 million to cover the debt. It is unclear what terms, if any, were agreed upon before the payment was made.

Hunter Biden’s Career and Controversies

Hunter Biden was born in Wilmington, Delaware in February 1970. He is the son of Joe Biden. Hunter Biden graduated from Georgetown University and earned his JD from Yale University. He served in the United States Navy Reserve.

Hunter Biden served as the Vice Chairman of the National Railroad Passenger Corporation from July 2006 to January 2009. He is the co-founder of the international consulting firm Rosemont Seneca Partners. He served on the board of Burisma Holdings, Ukrainian natural gas producer, from 2014 to 2019. During his time as a board member of Burisma, Hunter Biden was paid a monthly retainer that reportedly topped $50,000 in some months.

In 2019 President Trump claimed that Joe Biden sought the dismissal of a Ukrainian prosecutor to protect his son Hunter from investigation. Hunter Biden was not under investigation and no evidence of wrongdoing has been found. These accusations played a part in an impeachment inquiry in 2019.

Hunter Biden’s Work with MBNA

In 1996, Hunter Biden began working for the Delaware-based bank MBNA, earning a $100,000 annual salary. He left the company in 2001 to launch his own lobbying practice. However, from 2001 to 2005, Hunter was a paid consultant to MBNA. According to The New York Times, MBNA reportedly paid his consulting firm millions of dollars during this time.

It is worth noting that Hunter’s father was the senior Senator from Delaware at the time, and his brother Beau was soon to become the state’s Attorney General.

Hunter Biden’s Hedge Fund Failure

Hunter Biden and his uncle James Biden bought a hedge fund called Paradigm Global Advisors in 2006, using an $8.1 million promissory note. However, during their five-year tenure at the firm, they were unsuccessful investors and lost money in frauds and Ponzi schemes. Hunter drew an annual salary of $1.2 million during his time with the fund. In 2010, they allegedly unwound the fund and never paid off the promissory note.

Hunter Biden Earned Millions as Board Member of Burisma Holdings

Hunter Biden served as a highly-paid Board Member for Ukrainian-based Burisma Holdings from 2014 to 2019, earning $50,000 per month during his tenure. Estimates suggest that he earned between $850,000 to $3 million during his time as a Burisma Board Member.

Hunter Biden’s Marriages and Children

Hunter Biden was married to Kathleen Buhle from 1993 to 2017 and they have three children together. He revealed in a 2019 interview that he was living off a monthly income of $4,000 after agreeing to pay his ex-wife $37,000 per month for 10 years when they divorced. From 2016 to 2019, he dated his brother Beau’s widow. In May 2019, Hunter married South African filmmaker Melissa Cohen and they welcomed a son in March 2020. In August 2018, Lunden Alexis Roberts gave birth to Hunter’s child and in May 2023, he appealed to a court in Arkansas to have his monthly support obligation lowered. As per his filing, he was paying Lunden $20,000 per month and had paid her $750,000 up to that point.

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