Hunter Biden Net Worth - The Complete Breakdown
Grab all the details on the net worth of the American lawyer and investment advisor Hunter Biden.
Robert Hunter Biden is the second son of the former U.S. Vice President, Joe Biden. He is an American lawyer and investment advisor by profession and is a founding partner of Rosemont Seneca Partners, an investment and advisory firm. He also served on the board of Burisma Holdings from 2014 to 2019, which was a major Ukrainian natural gas producer.
Joe Biden is currently running against President Donald Trump for the 2020 U.S. Presidential election as a Democratic presidential nominee. Therefore, many people are interested in the wealth and assets of his son Hunter Biden. Below, we take a look at Hunter's net worth and earnings to get an idea of his fortune.
What is Hunter Biden's Net Worth?
According to an article by Celebrity Net Worth, Hunter Biden holds an estimated net worth of $3 million. His profession as a lawyer and investment advisor has earned him that amount of net worth over the years. He earned most of his fortune through his position as a founding partner of Rosemont Seneca Partners and as a board member of Burisma Holdings.
Hunter Biden holds an estimated net worth of $3 million.
According to an article by Bloomberg, Hunter Biden earned an average of $50,000 per month from his board position at Ukrainian gas company Burisma Holdings. Biden also invested $420,000 into the Chinese private-equity firm BHR (Shanghai) Equity Investment Fund Management Company.
Hunter Biden worked for the Delaware-based bank MBNA and earned an annual salary of $100,000. He left MBNA in 2001 and launched a lobbying practice. From 2001 to 2005, Hunter worked as a paid consultant to MBNA. There are reports that say. MNBA aid millions of dollars to his consulting firm.
Hunter Biden's Work in Other Firms
Hunter Biden and his uncle James Biden bought a hedge fund called Paradigm Global Advisors in 2006. They purchased the firm with an $8.1 million promissory note. But they reportedly lost money in frauds and Ponzi schemes on several occasions, so their investment was not successful. During his time with the fund, Hunter earned an annual salary of $1.2 million.
Hunter Biden and his uncle James Biden bought a hedge fund called Paradigm Global Advisors in 2006.
Source: Fox Business
Hunter Biden was also involved in the creation of BHR and a private equity firm he co-founded in 2009, Rosemont Seneca Partners, partnered with a Chinese investment company to fund BHR in 2014 after Hunter Biden accompanied his father on an official visit to China. In 2008, he also founded Seneca Global Advisors, a consulting firm that helps companies expand into global markets.
Stay tuned to Idol Persona for more net worth related content of your favorite celebrities.