Hunter Biden is the second son of President Joe Biden. He has had a long and varied career. His reputation as well as his income have been affected by a variety of tragedies. The 51-year old has decided to leave politics and finance to pursue a more creative, but less lucrative career. We take a deep dive on Hunter Biden's networth and look at his current activities.

Hunter Biden's Family and Career

Hunter Biden was born in Wilmington, Delaware on February 4, 1970. He was the second child of President Joe Biden and his first wife Neilia Hunter Biden. Hunter was the younger brother of Beau Biden and a younger sister, Naomi.

Tragically, Hunter was only two years old when Neilia and Naomi died in a car accident in December 1972. Beau and Hunter were also in that car, but miraculously survived. Joe Biden, now First Lady Jill Biden, married Jill in 1977. She became Beau's stepmother. In 1981, she also had Hunter's half-sister Ashley.

Hunter graduated from Yale Law School in 1996 and Georgetown University in 1992. After law school, Hunter worked as an executive vice president at a bank holding firm. This was his first job. After graduating from law school, he switched to politics and worked on ecommerce policy for the United States Department of Commerce under President Bill Clinton.

Hunter became a lobbyist in 2001. Hunter co-founded Oldaker, Biden & Belair, where he reportedly managed accounts that generated $470,000 in six months. He was elected to Amtrak's board of directors five years later. This position he held until 2009, when he resigned.

Hunter served as a director on several investment and consulting firms over the next ten years, including Paradigm Global Advisors (now Rosemont Seneca Partners) and Paradigm Global Advisors (now Rosemont Seneca Partners). In 2012, he also served a short time in the Navy Reserves. However, it was later reported that Hunter had been discharged two years later after testing positive for cocaine.

His Financial Troubles and Scandals

Hunter was exposed for his failed Navy drug test. He also faced other personal issues. After the death of Beau, Hunter's 46-year-old brother to brain cancer, his struggle with substance abuse grew.

The 20-plus year-old marriage to Kathleen Buhle came to an abrupt halt in the same year. According to Kathleen's divorce filings, Hunter was alleged to have preferred partying over his family. He also spent a lot of money on his extracurricular activities. His ex claimed that Hunter's spending is not related to family expenses. Instead, he spends on his travel (sometimes multiple hotels on the same night), gifts and indulgences for other women.

Also, reports claimed that Hunter's name had been leaked to AshleyMadison.com users. This website connects people seeking to have an affair. Although Hunter denied the allegations the media buzzed once more when he started dating Hallie Biden (his late brother's widow) in fall 2015. This relationship lasted until 2019.

Lunden Alexis Roberts, an Arkansas woman, filed a paternity lawsuit against Hunter in 2019. Lunden Alexis Roberts, an Arkansas woman, filed a paternity suit against Hunter in 2019. DNA tests proved Hunter was the father of her child who was born August 2018. Hunter agreed to retroactively pay support to 2018 in the case. Hunter had a second child with Melissa Cohen in 2020, who he wed in 2019.

In late 2020, Hunter faced more difficulties. Hunter disclosed that he was being investigated by federal prosecutors in Delaware over his tax activities shortly before his father was sworn in as nation's 46th president. According to court documents, Hunter and Kathleen Buhle owe more than $100,00 in back taxes. Also, Hunter was found to have separate liens in the District of Columbia for $450,00 back taxes for 2017-2018. However, these liens were cancelled within a few days.

Hunter Biden's Net Worth

According to CelebrityNetWorth.com, Hunter Biden's net worth is $1 million. Although we cannot speculate on the exact reason for this low figure, it indicates that Hunter Biden's legal problems, tax troubles and alleged partying have all had a significant impact on his wealth. Hunter was paid a lot for his various high-profile positions over the years. He earned $50,000 per month while he was on the board at Burisma Holdingss, a Ukrainian gas company. Newsweek states that Hunter made $1.2 million annually while working at Paradigm Global Advisors (a hedge fund) for five years.

His tax debts and his divorce clearly affected his net worth. In a 2019 interview, Hunter stated that he had been paying his ex-wife $37,000 per month in alimony. This was before Hunter's 2020 paternity settlement in which he was required to pay an undisclosed amount to Lunden Alexis Roberts for child support.

His current job isn't as lucrative as it was in his political and financial career. We can only assume that his annual income has taken a big hit. Hunter is currently a full-time artist. ArtNet News reports that his paintings sell for between $75,000 and $500,000.

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By: Jane Andrews
Title: Have Scandals And Lavish Living Ruined Hunter Biden’s Net Worth?
Sourced From: www.suggest.com/hunter-bidens-net-worth/2610863/
Published Date: Thu, 13 Jan 2022 17:00:00 +0000

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