How the Biden family dipped into each other’s finances

The first family has a history of throwing their money around to pick up each other’s tabs — as well as boosting each other up with lucrative deals by skimming money off the top from those arrangements.

The Post exclusively revealed Thursday that President Biden’s daughter-in-law Hallie received $35,000 in early 2017 from a Chinese energy company, according to bank records released by House Oversight Committee Chairman James Comer (R-Ky.).

But Hallie is just the latest Biden known to benefit from the family’s extracurricular interests.

Text messages from January 2019 found on Hunter Biden’s abandoned laptop indicate the first son frequently kicked back as much as 50% of his earnings to his father — often to foot the bill for maintenance and upkeep at Joe Biden’s scenic lakefront property in Wilmington, Del.


President Joe Biden and son Hunter Biden descend from Air Force One in Syracuse, NY Feb. 3, 2023.
The Biden family has a history of boosting each other up to lucrative positions.
AP

Hunter and Hallie Biden
Hallie Biden was also briefly the lover of her brother-in-law Hunter.

“I hope you all can do what I did and pay for everything for this entire family for 30 years,” the now-53-year-old told his daughter Naomi months before he left the laptop at a Delaware repair shop. “It’s really hard. But don’t worry, unlike pop, I won’t make you give me half your salary.”

In the same month, 80-year-old Joe Biden covered more than $800,000 of Hunter’s bills, including legal fees related to his son’s controversial overseas business deals and more than $400,000 in state and federal taxes.

The whirlwind of influence-peddling stretches back to 2006, when Hunter and James Biden, the president’s younger brother, acquired the Manhattan-based hedge fund Paradigm Global Investors.


Joe Biden and his son Hunter.
Biden paid more than $800,000 in Hunter’s bills, which among other things helped to cover legal fees related to his son’s controversial overseas business deals.
AP

Joe Biden, left, speaks with his brother James Biden.
“Don’t worry about investors,” James Biden reportedly said in 2006 to hedge fund executives. “We’ve got people all around the world who want to invest in Joe Biden.”
Corbis via Getty Images

Having sacked the firm’s president, the pair relayed their plans for the hedge fund.

“Don’t worry about investors,” James reportedly said at the time. “We’ve got people all around the world who want to invest in Joe Biden.”

Hunter and James have since disputed the account, but their soaring financial success played out during the same years Joe Biden ascended from “one of the poorest members” of Congress to a multimillionaire who was elected to the nation’s highest office.

When negotiating a 2017 deal with the Shanghai-based conglomerate CEFC China Energy Co, for instance, email exchanges hinted that Hunter helped each of the Bidens take a cut of the company shares — in addition to the first son’s six-figure salary associated with a position.

The deal distributed 10% “equity” to “Jim” and another “10 held by H for the big guy,” according to the emails. The two earned at least $4.8 million from CEFC China Energy over the course of the business relationship, according to the Washington Post.


Hunter Biden.
Hunter’s success played out during the same years Joe Biden ascended from “one of the poorest members” of Congress to a multimillionaire elected to the presidency.
CQ-Roll Call, Inc via Getty Images

Former Hunter Biden associate Tony Bobulinski identified Joe Biden as “the big guy” in interviews given just months before the 2020 election.

Two years earlier, in 2014, a Ukrainian executive helped the first son secure a seat on the board of energy firm Burisma — earning Hunter a $50,000-per-month salary. He later introduced his father, who was then the vice president, to the executive, Vadym Pozharskyi.

Comer said on Fox News Wednesday night that he believes “there are probably six or seven Biden family members that were involved in various business schemes around the world” — including an as-yet unidentified Biden who received $70,000 from the 2017 deal.