The president’s son is a controversial person. Hunter Biden’s work has two parts: the legal part and the part that may have been illegal. His legal career started in corporate America, moved on to lobbying in Washington, D.C., and finished in hedge funds.
When his father, Joe “The Big Guy” Biden, was Vice President of the Obama government, he is said to have done something illegal. Hunter Biden is being looked into by the government for using his power to get things done.
Step into Hunter Biden’s fascinating world, where mystery and wealth are mixed. Join us for an exciting look at how much Hunter Biden is worth, as we dig deep into the mysterious riches of this important person.
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How Much is Hunter Biden’s Net Worth?
Hunter Biden is the second son of former Vice President Joe Biden and his first wife, Neilia Biden, and he is an attorney, businessman, and artist in the United States. Hunter Biden has pleaded guilty to tax evasion in exchange for the Department of Justice dropping accusations of international money laundering.
Hunter Biden reportedly has a $230 million fortune, according to published estimates. On that fateful day in December of 1972, the mother and younger sister of Hunter Biden, Naomi, were mu*dered in a car accident. Both Biden and his older brother Beau were critically hurt but ultimately made a full recovery.
Hunter Biden followed in the footsteps of his father and brother by attending the same Catholic high school in Claymont, Delaware. Hunter Biden joined the banking conglomerate MBNA as a consultant after graduating from law school in 1996; MBNA workers contributed over $200,000 to Joe Biden’s Senate campaigns.
In 2006, President George W. Bush appointed Hunter Biden to serve on the Amtrak board of directors for a five-year term. In 2006, Hunter Biden and his uncle James Biden acquired Paradigm Global Advisors, a global hedge firm, with Hunter serving as interim CEO.
Researchers dug deep into Hunter Biden’s hard drive and found that between 2013 and 2018, Biden and his firm earned a total of $11 million. Hunter Biden, who purchased a discounted 10% investment in the China-based private equity company BHR Partners in 2017, served on the fund’s board of directors from 2013 to 2020.
In April 2014, immediately after the Ukrainian revolution, Biden joined the board of Burisma Holdings, which was controlled by Ukrainian tycoon and former politician Mykola Zlochevsky, who was under investigation for money laundering.
Ron Johnson and Chuck Grassley, two Republican senators, spent 2019 and into 2020 looking into charges that Democrats conspired with the Ukrainian government to intervene in the 2016 election and Hunter Biden’s participation with Burisma.
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In December of 2020, Hunter Biden revealed through his lawyer that a federal criminal inquiry of his tax returns was underway. Hunter Biden’s memoir, Beautiful Things, details his lifelong battle with substance abuse.
Is Hunter Biden Facing Federal Investigation Over Tax Matters?
Recent months have seen intense attention and probes into the finances of Hunter Biden, son of US Vice President Joe Biden. After a five-year investigation by the Justice Department, he just reached a plea deal on federal misdemeanor charges relating to taxes and a deferred prosecution agreement on a felony g*n charge; nevertheless, he may avoid ja!l time if the court approves the accord.
The investigation into possible tax fraud and claims of fabricating information on a g*n application was initiated in 2018 by the Justice Department and was directed by U.S. Attorney David Weiss, an appointment of the Trump administration.
The latest tweet regarding Hunter Biden’s tax investigation is linked below for your convenience:
Hunter Biden, son of President Joe Biden, was officially charged by the DOJ on the morning of June 20 with federal income tax violations and the illegal possession of a weapon.
Per a federal legal document filed in a Delaware U.S. District Court, Hunter Biden will plead guilty… pic.twitter.com/ZEAhy5piA9
— NowThis (@nowthisnews) June 20, 2023
However, it became widely known in December 2020, about the same time that Joe Biden was elected US President, and Hunter Biden admitted to the investigation into his “tax affairs.”
Authorities are checking to see if he properly declared his large income, which includes profits from overseas business activities. They looked into allegations that he lied on a g*n application about his d*ug use. Hunter Biden took out a $2 million loan to pay off his tax bill with the IRS.
Several others, including Hunter Biden’s business partners and the mother of his kid, testified before a grand jury in Delaware as part of the investigation. Hunter Biden has continued to help authorities and is “100% certain” he will be exonerated.
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