Hunter Biden claims family is broke as law firm seeks $17M in fees
Key Points:
- Hunter Biden revealed in a recent deposition that his family is broke, he has no valuable assets aside from his paintings, and is overwhelmed by $17 million in unpaid legal fees owed to law firm Winston Taylor.
- The lawsuit involves Winston Taylor, which represented Biden in criminal, congressional, and defamation cases, and claims Biden agreed to work out payment despite knowing he couldn't afford the fees.
- Reports indicate former President Joe Biden also faces financial difficulties, including $800,000 in personal debt and challenges securing paid speaking engagements, although he receives over $400,000 annually in government pensions.
- Hunter Biden’s financial struggles follow years of costly substance abuse and lavish spending, which reportedly depleted his earnings from art sales and a high-paying job at Ukrainian energy firm Burisma.
- Despite a $1.7 million defamation judgment in Hunter Biden’s favor, Winston Taylor has sought to place a lien on the award, complicating his financial situation further, while representatives for the Bidens declined to comment.