Hunter Biden, who made millions of dollars over the years allegedly grifting on behalf of his politically connected father, Joe Biden, is now destitute, or so he says.
The man who was paid tens of thousands of dollars for what can only be described as juvenile paintings while his father was president can’t even afford a cellphone or a vehicle, according to a deposition he gave this week.
He also said his family is too strapped to help him pay millions in legal bills to the firm of his former attorney, Abbe Lowell.
Hunter described the financial condition of both himself and his family in stark terms during a Feb. 9 deposition in his legal dispute with the law firm Winston Taylor.
The firm sued Biden in June 2025, alleging he failed to pay approximately $17 million in legal fees incurred while the firm represented him in federal criminal proceedings, congressional investigations, and defamation lawsuits he filed against various individuals.
“I don’t have any assets. I don’t own a car. I don’t own a phone,” Biden, an attorney who has been disbarred in Connecticut, said in the deposition, according to a transcript released this week.
“I don’t own anything of any value other than—and I don’t know the value of it—my paintings which I painted myself,” Biden testified. “So that’s it. And I don’t even have any other assets at all, stocks, bonds, anything like that, savings accounts.”
Biden, who recently landed a job at a luxury Los Angeles addiction treatment center, also said his family does not have any assets to lend or provide him.
“My family doesn’t have any money, and it’s not their debt anyway,” he said.
Hunter Biden’s financial situation marks a dramatic reversal for the Yale-trained attorney, who once earned millions of dollars through business ventures during the years his father served as vice president.
Court records and his public memoir have documented that much of his wealth was consumed by years of drug and alcohol addiction, along with lavish personal spending.
His recent deposition has also renewed questions about the Biden family’s broader financial outlook.
Former President Joe Biden reportedly received a $10 million advance for a memoir scheduled for release in November, while former First Lady Jill Biden also received a substantial advance for her memoir, published in June.
Although her book reached No. 1 on The New York Times bestseller list, observers note that book advances are typically paid over several years and are reduced by taxes, agent commissions, and other fees.
Political observers have also questioned the family’s future earning potential.
Joe Biden, who has been diagnosed with Stage IV cancer, has reportedly faced challenges securing high-paying speaking engagements and raising funds for his presidential library.
As a result, some analysts believe the lucrative opportunities that once surrounded the Biden family have become far more limited, the Washington Free Beacon reports.
Hunter Biden’s current legal team released depositions from both Biden and his former attorney, Abbe Lowell, in response to a discovery request from Winston Taylor.
The law firm is seeking emails and encrypted text messages as part of its lawsuit to recover unpaid legal fees.
Biden has opposed the request, arguing that he has already produced all documents relevant to the dispute.
Although Biden does not dispute that Winston Taylor is owed millions of dollars in outstanding legal fees, he contends the firm understood when it agreed to represent him in late 2022 that he lacked the financial resources to pay the full amount.
According to Biden, Lowell—who left the firm formerly known as Winston & Strawn last year—repeatedly assured him that he should not worry about paying his legal bills.
