In a lately launched deposition transcript, Hunter Biden claimed that his household is broke and that he is being crushed by authorized charges.
The deposition is expounded to an ongoing lawsuit between Biden and agency Winston Taylor for unpaid authorized payments. Winston Taylor, which has a historical past of representing main Democrats, claims that the Biden scion owes them $17 million from representing him in felony prosecutions, congressional investigations and defamation fits towards his critics.
“My household does not have any cash, and it is not their debt anyway,” he mentioned, in line with the transcript. “I do not personal something of any worth aside from — and I do not know the worth of it — my work which I painted myself. In order that’s it. And I do not even have every other belongings in any respect, shares, bonds, something like that, financial savings accounts.”
In a lately launched deposition transcript, Hunter Biden claimed that his household is broke and that he is being crushed by authorized charges.
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Claims that the Biden household could also be strapped for money are mirrored in different reporting.
The Wall Road Journal reported in September 2025 that former President Joe Biden is having much more bother cashing in on his time within the White Home than his predecessors.
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Upon leaving workplace, the previous president had accrued roughly $800,000 in private debt and was burdened with elevated property taxes on their $2.7 million Delaware residence, in line with a supply accustomed to his funds. Biden additionally has had bother reserving paid talking engagements, a typical supply of funds for former presidents, owing to his unpopularity and fears of angering President Donald Trump.
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Claims that the Biden household could also be strapped for money are mirrored in different reporting.
Former President Joe Biden, nonetheless, pulls in additional than $400,000 a yr in authorities pensions from his time in Congress and the White Home, in line with the Nationwide Taxpayers Union Basis.
Hunter Biden’s claimed lack of belongings follows years of partying and substance abuse.
The previous president’s son reportedly spent massive sums of money on crack cocaine, alcohol, stays at luxurious lodges, prostitutes and costly jewellery for his brother’s widow, whom he was romantically concerned with. His spending habits might assist clarify how he blew via the wealth he gathered promoting work and pulling in a seven-figure wage whereas employed by the Ukrainian power firm Burisma.
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Hunter Biden’s claimed lack of belongings follows years of partying and substance abuse.
“I haven’t got any belongings. I do not personal a automobile. I do not personal a cellphone,” Biden mentioned within the deposition, which befell in February however was launched by Biden’s new legal professionals in current days.
Biden argues that Winston Taylor knew he could be unable to pay his authorized charges when it agreed to take him on as a shopper and claims the events agreed to “work one thing out.” The legislation agency, in the meantime, says that it tried to attach Biden with donors within the Democratic ecosystem to assist him cowl his authorized payments.
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The youthful Biden received a relatively small authorized victory in July when a choose awarded him $1.7 million in a defamation swimsuit. Winston Taylor, nonetheless, has sought to place a lien on the judgment, and the Overstock CEO Patrick Byrne, who was dominated towards, is believed to be abroad, making assortment sophisticated.
Representatives for Hunter Biden and former President Joe Biden didn’t reply to requests for remark when reached by Fox Information Digital Friday.
Authentic article supply: Hunter Biden claims beneath oath that his household is broke amid battle over $17M authorized invoice