What is Hunter Biden's net worth?
The President's second son has worked as a lobbyist, lawyer and investor since graduating from Yale Law School in 1996, but how much is Hunter Biden currently worth?
Hunter Biden, the second son of President Joe Biden, celebrated his 52nd birthday on Friday. He has lived a varied life with different professions and business interests during his adult life and has become more of a public figure in recent years thanks in part to his father’s successful run for the presidency.
The 52-year-old has served in the navy and worked as a banker, lobbyist and investor, but is thought to have accumulated most of his own personal wealth during his career as a lawyer. As of 2021, net worth analysts Wealthy Gorilla estimate that Hunter Biden is worth around $1 million.
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Who is Hunter Biden?
Best known as the son of the President of the United States, Hunter Biden currently works with hedge funds and venture capitalists, building on his considerable experience as a lobbyist which close ties to Washington politics.
His first job after graduating from Yale Law School in 1996 was working with a bank holding company called MBNA, who at the time were a major contributor to his father’s Senate campaigns. He then served in the US Department of Commerce during the Clinton administration and was subsequently appointed to the Amtrak board of directors by President George W. Bush.
After working in the lobby industry he applied to the US Navy Reserve and was accepted in May 2013 at the age of 43. He was appointed as part of a programme to bring in certain desirable skills to the military and was given a waiver for his age and previous drug-related charges.
However the following month he tested positive for cocaine during a urinalysis test and was given an administrative discharge from the military. Publically Hunter Biden claimed that he had accidentally smoked a cocaine-laced cigarette but decided against launching an appeal against his dismissal.
He has struggled with drug and alcohol issues for some time and, in his memoir Beautiful Things, attributes those struggles to the death of his mother and sister in a car accident in 1972. He has managed long periods of sobriety during his adult life and has attended rehabilitation clinics to support that effort. However the death of his brother, Beau, in 2015 was a major set-back to those goals and Hunter has admitted to a major relapse in recent years.