Hunter Biden Net Worth
Hunter Biden has an estimated net worth of $1 million. Lawyer and investment banker Hunter Biden is the son of President Joe Biden and his late first wife, Neilia. He earns most of his income from his career as a lawyer.
President Joe Biden’s only surviving son is Hunter Biden. He founded Rosemont Seneca Partners, an investment and advising company, and he is a lawyer by profession. He was appointed to the board of the Ukrainian energy firm Burisma Holdings in 2014, where he served till his tenure ended in April 2019.
His involvement with Burisma prompted a Senate Republican corruption inquiry during the election year, which ultimately exonerated him and his father of any wrongdoing. Hunter, a father of five who was discharged from the Navy Reserves after a protracted battle with addiction, is now wed to Melissa Cohen, a South African documentary filmmaker.
To calculate the net worth of Hunter Biden, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$1 Million|
|Monthly Salary:||$50 Thousand+|
|Annual Income:||$700 Thousand|
|Source of Wealth:||Lawyer|
Early Life and Education
Joe Biden and his first wife Neilia welcomed Robert Hunter Biden into the world on February 4, 1970 in Wilmington, Delaware. Their sister Naomi “Amy” Biden was born in November 1970, nearly two years after their older siblings Joseph “Beau” Biden III and Joseph “Beau” Biden III, respectively.
Hunter was involved in a catastrophic car accident on December 18, 1972, which resulted in the deaths of his mother and his 13-month-old sister. The car that struck with a tractor-trailer at an intersection also had Beau as a passenger. Beau sustained multiple fractured bones, while Hunter suffered a serious head injury. Joe, who was in Washington, D.C., at the time of the accident, decided to take his oath of office as a senator for the United States on January 5, 1973, in his sons’ hospital room.
In June 1977, Hunter’s father wed his second wife, Jill, and in June 1981, they had Hunter’s younger sister, Ashley.
Before enrolling at Georgetown University in 1988, Hunter completed his high school education at the private Catholic Archmere Academy in Claymont, Delaware, which was also the alma mater of his siblings and father. Hunter earned a B.A. in history in 1992 after working odd jobs including unloading crates of frozen meat and parking automobiles at events to help pay for his housing and board. Hunter chose Georgetown Legal despite being accepted into Syracuse University’s creative writing department, where he had explored earning a combination M.F.A. and law degree. He moved to Yale Law after a year, where he eventually earned his law degree in 1996.
After graduating, Hunter spent a year volunteering as a Jesuit in a church in Portland, Oregon. In addition to working as a lawyer for the Delaware-based banking holding company MBNA America, he returned to Wilmington and was given the responsibility of serving as his father’s deputy campaign manager for his Senate re-election campaign.
In 1998, he left his position as executive vice president of MBNA and was hired by the Clinton Administration as a policy director with a focus on the internet economy. Three years later, Hunter was hired by St. Joseph’s University’s government and community affairs division to seek funding for one of the university’s student volunteer programs at a deficient high school in Philadelphia.
Hunter canceled his lobbying registrations when former President Barack Obama chose Joe to be his campaign mate in 2008. He also gave notice of his resignation from an unpaid position on the Amtrak board. He established Seneca Global Advisors, a boutique consulting firm, in September of the same year. In June 2009, after his father was appointed vice president, he co-founded Rosemont Seneca Partners.
Burisma Holdings Scandal
In April 2014, Hunter accepted a paid position on the board of the Ukrainian energy company Burisma Holdings Limited. According to The New York Times, Hunter later acknowledged that he probably obtained the lucrative position because his father was in charge of directing American policy in the nation at the time. Following Donald Trump’s unfounded charge that Joe had inappropriately attempted to use his elected post to advance Hunter’s economic interests, his role came under great scrutiny during the 2020 presidential election.
Trump asserted that Joe called for the dismissal of a Ukrainian prosecutor general who, in his opinion, was looking into Hunter for corruption. Trump was finally removed from office in 2019 after allegations that he breached the law by forcing the president of Ukraine, Volodymyr Zelensky, to find dirt on the Bidens, just after he had stopped the flow of military aid to that country.
When his term on the Burisma board ended in April 2019, Hunter made an announcement. Although they claimed Hunter had “cashed in” on his father’s position, a Senate Republican inquiry into corruption charges against Joe and Hunter in September 2020 found no proof of illegal influence or malfeasance by the former vice president.
Hunter’s father swore him into the Navy Reserves at a small, private ceremony at the White House in May 2013, and the Navy granted him an age waiver after receiving a letter of recommendation from former military intelligence officer Greg Keeley.
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