Hunter Biden has a net worth is $1 million. Do you want to know more about him? More about his family, business, and personal life? For this and many more, continue reading this article.
Net Worth: $1 million
Full Name: Robert Hunter Biden
Date of Birth: February 4, 1970
Place of Birth: Wilmington, Delaware, US
Age: 51 years
Occupation: Lawyer, investor
Spouse(s): Kathleen Buhle (m,1993; div. 2017)
Melissa Cohlen (m; 2019)
Early Life of Hunter Biden
He was born in Wilmington, Delaware, on February 4, 1970, to Neilia Biden(mother) and Joe Biden(father). Hunter Biden is the second born to his parents. Biden lost his mother and younger sister Naomi in an automobile crash on December 18, 1972. He has one blood brother, beau (the elder brother), and a half-sister, Ashley.
He attended catholic high school Archmere Academy in Claymont, Delaware. In 1992 he graduated from Georgetown University with a Bachelor of Arts in History. Hunter decided to serve as a Jesuit volunteer at a church in Portland, Oregon, where he met his first wife, Kathleen Buhle.
In 1993 he got married, and Hunter decided to join Georgetown University Law Center for a year and later transferred to Yale Law School and later graduated in 1996.
Hunter Biden’s Career
He started his career at the bank holding company MBNA. In 1998, he rose to the rank of Executive vice president. Hunter Biden later left the company to serve at the United States Department of Commerce until 2001, focusing on e-commerce policy for president Bill Clinton’s administration. He co-founded Oldaker, Biden, and Belair firm after becoming a lobbyist.
In 2006, he was appointed to a five-year term on the board of directors of Amtrak by president George W. Bush. He later resigned in January 2009 after his father became the vice-president.
Investor and Lobbyist
He is a capital investment professional with interest in funding early-stage natural resource extraction and technology companies. In 2006 Hunter Biden and his uncle James Biden purchased International Hedge Fund Paradigm Global advisors. Hunter was the interim CEO of the fund for a period of five years.
In 2008, he launched a consultancy company, Seneca Global advisors, to help companies expand into foreign markets. He later co-founded Rosemont Seneca partner’s firm with Devon Archer and Christopher Heinz in 2009.
In 2014 He held the position of counsel in the Law Firm Boies Schiller Flexner LLP.
In 2017, Biden acquired a 10% stake as a discount after serving as a member of the Board of the China-based private equity fund BHR partners between 2013 and 2020. Later his Rosemont Seneca partners investment firm was included in BHR partners by the founders having 20% equity.
President Trump, in September 2019, falsely claimed that Biden “walked out of China with$1.5 billion in a fund and earned ‘millions of dollars from the BHR deal” and publicly called upon china to investigate Hunter Biden’s business activities there while his father was the vice president.
Biden later resigned in October 2019, his resignation being made public by his lawyer George Mesires. According to his lawyer, Biden had “not received any compensation for being on BHR’s board of directors,” nor had he received any return on his equity share in BHR.
In 2014, Hunter Biden joined Burisma holdings (owned by Ukrainian Oligarch and former politician Mykola Zloche,vsky), facing a money-laundering investigation just after the Ukrainian revolution. He was hired to help Burisma with corporate governance best practices while still an attorney with Boies Schiller Flexner and consulting firm.
Biden’s membership in the Burisma was opposed by Christopher Heinz, John Kerry’s stepson stating that it was due to reputational risk. Hunter Biden served on the board until his term expired in 2019, receiving compensation of up to $50,000 per month in some months.
In May 2013, Biden’s application for a position in the U.S Navy Reserve was approved. At age 43, Biden was accepted as part of a program that allows a limited number of applicants’ desirable skills to receive commissions and serve in staff positions.
He also received an age-related waiver and waiver due to a past drug-related incident; he was sworn in as a direct commission office. Later he was discharged administratively after testing positive for cocaine during a urinalysis test.
Personal Life of Hunter Biden
In 1993, Biden married Kathleen Buhle. In 2015 the couples separated and later divorced in 2017. While still in his marriage with Kathleen in 2016, Biden was having an affair with his brother’s widow, Hailie Biden. The affair ended in 2019. In May 2019, He married Melissa Cohen, a South African filmmaker.
Biden has three daughters; Naomi, Fin, began, and Maisy from his first marriageBeau’sand Beau (born in March 2020). He also has a child with Lunden Alexis Robert. The child was born in Arkansas in August 2018.
Hunter Biden has also been struggling with alcohol and drug addiction. He says, “There’s addiction in every family. I was in that darkness.
I was in that tunnel-it’s a never-ending tunnel. You don’t get rid of it. You figure out how to deal with it.