American Lawyer Hunter Biden Net Worth Details
Robert Hunter Biden is famously known for working as a lobbyist, banker, public administration official, and registered lobbyist-firm attorney and invested in hedge funds, venture capital, and private equity funds. He is the second son of US President Joe Biden, and his first wife, Neilia Hunter Biden, is an American lawyer.
From 2014 until his tenure ended in April 2019, Biden served on Burisma Holdings, one of Ukraine’s leading private natural gas producers. Since the beginning of 2019, Biden and his father have focused on unsubstantiated allegations of corruption in a Biden–Ukraine conspiracy theory promoted by then-U.S. Vice President Joe Biden.
What is Hunter Biden’s Net Worth as of 2021?
Hunter Biden has worked as a high-paid consultant on several occasions throughout his career, earning millions of dollars in the process and his net worth is estimated to be $1 million as of this writing. He has made $6 million from his many sources of income between 2014 and 2016. Hunter earned $833,000 in 2013, $847,000 in 2014, and $2.5 million in 2016, according to a leaked email. From 2014 to 2019, he was a contentious member of the board of directors of a Ukrainian natural gas firm.
Unfortunately, he was just as fast to squander the money, resulting in a debt of more than $475,000, which included $320,000 in unpaid federal taxes. According to leaked emails and texts, Hunter allegedly spent his money on a fleet of toys, including a 2014 Porsche, an Audi, an $80,000 boat, a BMW, two trucks, and six Range Rovers. He also allegedly spent a lot of money on drugs and women.
In a New Yorker interview, the banker said that he lived on a monthly income of $4,000 as of 2019, after promising to pay his ex-wife $37,000 a month for ten years when they divorced.
Hunter Biden’s Earnings
Hunter Biden is a co-founder of Rosemont Seneca Partners, an international consulting firm. From 2014 to 2019, he was on Burisma Holdings, a Ukrainian natural gas company. Biden was given a monthly retainer as a board member of Burisma that surpassed $50,000 in some months.
The lawyer earned a $100,000 annual income working for the Delaware-based bank MBNA in 1996. He quit MBNA in 2001 to start his lobbying firm. Hunter worked with MBNA as a paid consultant from 2001 through 2005. According to The New York Times, MBNA paid his consulting firm millions of dollars.
The lobbyist and his uncle James Biden bought Paradigm Global Advisors, a hedge firm, in 2006. They used an $8.1 million promissory note to purchase the company. Hunter and James were not exceptionally successful investors throughout their five years at the firm. They are said to have lost money in several frauds and Ponzi schemes. Hunter was paid $1.2 million per year by the fund throughout his tenure there. They are accused of unwinding the fund in 2010 and never repaying the $8.1 million promissory note.
Robert was a high-paid Board Member for Ukrainian-based Burisma Holdings from 2014 to 2019, as previously mentioned. During his term on the Burisma Board of Directors, he reportedly earned $50,000 each month. Hunter has made between $850,000 and $3 Million as a Burisma Board of Directors member.
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