Quick Facts of
- First NameHunter
- Last NameBiden
- Net Worth$ 3 million
Hunter Biden is a lawyer, best known as the son of former Vice-President Joe Biden, who, according to the Republican party and Trump was illegally employed in Ukraine.
In addition to this, he became a major talking point in American politics after POTUS Donald Trump was accused of abusing power by withholding military aid for Ukraine and asking his Ukrainian ambassadors to dig up dirt on Hunter Biden to use against Joe Biden for the 2020 elections.
What Is The Net Worth Of Joe Biden’s Son Hunter Biden?
Hunter Biden has a net worth of $3 million as of March 2020, the bulk of which comes from his tenure as a board member at Burisma Holdings.
Biden started his career in 1996 as a lawyer at a bank called MBNA America. The bank was a major contributor to his father’s campaign. He became the executive vice president of the bank two years later.
The former lawyer owned a home in Washington DC, which he put on the market for $1.85 million.
According to Variety, he leases out another property he owns in Hollywood Hills, Los Angeles, for $12,000 per month. He bought the 2,012 square feet house in 2013 for $2.2 million.
Hunter’s career at MBNA ended in 1998, and he joined the United States Department of Commerce. He would leave his position at the department in 2001, after which he became a lobbyist.
As a lobbyist, he tried to influence the legislature in an organized way with the use of clients that Adam Entous reported was hush-hush between him and his father.
Next, he dabbled in investment and tried to buy a hedge-fund group called Paradigm along with his uncle James Biden.
Then-President George W. Bush appointed him to the board of Amtrak, the association of railroad passengers in America, a post he left after his father became the Vice President.
Controversy As A Navy Reserve
Hunter Biden joined the US Navy after his application was accepted in May 2013. He subsequently created a lot of controversies after he was provided waivers relating to his age and past drug cases.
He was made a direct commission officer, and his oath ceremony was held at the White House, which was criticized by people as they believed he received special treatment being the Vice-President’s son.
A month later, he was discharged from the reserves as his urine was found to have traces of cocaine. He later attributed the report to smoking someone else’s cigarettes that he later suspected were laced with cocaine.
BHR Partners And Trump’s Accusations
Biden, Devon Archer, and Jonathan Li formed BHR Partners. The firm was formed to invest in other companies as a company based in China.
Then Trump claimed that Biden earned around $1.5 billion from China and also earned millions from the BHR deal.
The Burisma Holdings And Ukraine Aid Controversy
Biden worked as a board member at Burisma Holdings, which a gas company in Ukraine. He received around $50,000 per month during his time at the company.
Later, Donald Trump withheld $391 million in military aid meant for Ukraine and asked the Ukrainian President Volodymyr Zelensky to investigate on Hunter Biden and dig up any dirt on him.
Hunter Biden was born Robert Hunter Biden on February 4, 1970, in Wilmington, Delaware, U.S. to Joe Biden and Neilia Hunter. He went to Archmere Academy and later went to Georgetown University. He later attended Georgetown University Law Center and transferred to Yale Law School, graduating in 1996.
Hunter has been married 2 times in the past, as of March 2020, he is married to Melissa Cohen. They tied the knot in 2019. Before this, he was married to Kathleen Buhle. They were together from 2016 to 2018. He also briefly dated Hallie Olivere, his brother’s widow.