Hunter Biden Biography & Facts
Robert Hunter Biden (born February 4, 1970) is an American lawyer who is the second son of U.S. President Joe Biden and his first wife, Neilia Hunter Biden. Biden is also a hedge fund, venture capital, and private-equity fund investor who formerly worked as a lobbyist, banker, public administration official, and registered lobbyist-firm attorney.
Biden served on the board of Burisma Holdings, one of the largest private natural gas producers in Ukraine, from 2014 until his term expired in April 2019. Since the early months of 2019, Biden and his father have been the subjects of unevidenced claims of corrupt activities in a Biden–Ukraine conspiracy theory pushed by then-U.S. President Donald Trump and his allies, concerning Hunter Biden's business dealings in Ukraine and Joe Biden's anti-corruption efforts there on behalf of the United States during the time he was vice president. United States intelligence community analysis released in March 2021 found that proxies of Russian intelligence promoted and laundered misleading or unsubstantiated narratives about the Bidens "to US media organizations, US officials, and prominent US individuals, including some close to former President Trump and his administration".In April 2021, Biden published a memoir, entitled Beautiful Things.
Biden was born on February 4, 1970, in Wilmington, Delaware. He is the second son of Neilia Biden (née Hunter) and Joe Biden. Hunter Biden's mother and younger sister Naomi were killed in an automobile crash on December 18, 1972. Biden and his older brother Beau were also seriously injured. Hunter and Beau later encouraged their father to marry again and Jill Jacobs became their stepmother in 1977. Biden's half-sister Ashley was born in 1981.Like his father and brother, Biden attended Catholic high school Archmere Academy in Claymont, Delaware. He graduated with a Bachelor of Arts degree in History from Georgetown University in 1992. During the year after he graduated from college, he served as a Jesuit volunteer at a church in Portland, Oregon, and met Kathleen Buhle, whom he married in 1993. After attending Georgetown University Law Center for one year, he transferred to Yale Law School and graduated in 1996.
After graduating from law school in 1996, Biden accepted a position at the bank holding company MBNA, a major contributor to his father's political campaigns. By 1998, Biden had risen to the rank of executive vice president. He then left to serve at the United States Department of Commerce until 2001, focusing on ecommerce policy for President Bill Clinton's administration. Biden then became a lobbyist, co-founding the firm of Oldaker, Biden & Belair. According to Adam Entous of The New Yorker, Biden and his father established a relationship in which "Biden wouldn't ask Hunter about his lobbying clients, and Hunter wouldn't tell his father about them."Hunter Biden was appointed to a five-year term on the board of directors of Amtrak by President George W. Bush in 2006. Biden was the board's vice chairman from July 2006 until 2009; he resigned in January 2009, shortly after his father became vice president. Biden said during his father's vice-presidential campaign that it was time for his lobbying activities to end.
Investor and lobbyist
Biden is a capital investments professional with an interest in funding early-stage natural resource extraction and technology companies. In 2006, Biden and his uncle James Biden purchased international hedge fund Paradigm Global Advisors; Hunter was interim CEO of the fund for five years, until 2011. In September 2008, Biden launched a consultancy company named Seneca Global Advisors that offered to help companies expand into foreign markets. Biden, Devon Archer, and Christopher Heinz founded the investment and advisory firm Rosemont Seneca Partners in 2009. He also co-founded venture capital firm Eudora Global. He held the position of counsel in the law firm Boies Schiller Flexner LLP in 2014. Biden was on the board of directors of World Food Program USA, a 501(c)(3) charity based in Washington, D.C. that supports the work of the UN World Food Programme from 2011 to 2017; he served as board chairman from 2011 to 2015.In December 2020, Biden made a public announcement via his attorney that his tax affairs are under federal criminal investigation. Both the New York Times and CNN citing sources familiar with the investigation described the investigation as having started in late 2018 and being related to potential violations of tax and money laundering laws and his business dealings in foreign countries, principally China. The Wall Street Journal reported that Biden had provided legal and consulting services that generated foreign-earned income, citing a Senate Republicans' report that says millions of dollars in wire transfers from entities linked to Chinese energy tycoon Ye Jianming were paying for such services. The New York Times reported that according to people familiar with the inquiry, FBI investigators had been unable to establish sufficient evidence for a prosecution of potential money laundering crimes, including after the seizure of a laptop purportedly belonging to Biden, and so the investigation progressed onto tax issues.
From 2013 to 2020, Biden served as a member of the board of the China-based private equity fund BHR Partners, of which he acquired a 10% stake in 2017 at a discount. The founders of BHR Partners included Biden's Rosemont Seneca Partners investment firm (20% equity), along with US-based Thornton Group LLC (10% equity) and two asset managers registered in China. The Chinese-registered asset managers are the Bank of China (via BOC International Holdings-backed Bohai Industrial Investment Fund Management) and Deutsche Bank-backed Harvest Fund Management. The BHR Partners fund invests Chinese venture capital into tech startups like an early-stage investment in Chinese car hailing app DiDi and cross-border acquisitions, in automotive and mining, such as the purchase of a stake in Democratic Republic of Congo copper and cobalt producer Tenke Fungurume Mining.In September 2019, while President Trump was accusing Hunter Biden of malfeasance in Ukraine, he also falsely claimed that Biden "walk[ed] out of China with $1.5 billion in a fund" and earned "millions" of dollars from the BHR deal. Trump publicly called upon China to investigate Hunter Biden's business activities there while his father was vice president. Hunter Biden announced on October 13, 2019 his resignation from the Board of Directors for BHR Partners, effective at the end of the month, citing "the barrage of false charges" by then-U.S. President Trump. According to his lawyer, Biden had "not received any compensation for being on BHR's board of directors" nor had he received any return on his equity share in BHR. Biden's lawyer George Mesires told The Washington Post that BHR Partners had been "capitalized from various.... Discover the Hunter Biden popular books. Find the top 100 most popular Hunter Biden books.