Hunter Biden, the son of President Joe Biden, is planning his next move and, like so many of his previous business deals, this one has ties to China.
Hunter, who has been an embarrassment for his father, is planning a new career path as an artist and his partner, who was once accused of defrauding an investor, has ties to a communist nation, The Daily Mail reported.
The 50-year-old son of President Joe Biden has been traveling back and forth between Washington, DC, and a 2,000-square-foot Hollywood Hills home in California, while consulting with lawyers and creating his artwork, according to the New York Post.
Hunter is said to be in the midst of preparing to show his work with NYC art dealer Georges Berges, who opened his Soho gallery, George Berges Gallery, in 2015.
Berges’ roster of artists includes Sylvester Stallone and Bahraini royal family member, Sheikh Rashid Al Khalifa.
The gallery owner was accused of defrauding an investor in 2016 and settled the case in 2018.
In 1998, he was charged with assault with a deadly weapon and making ‘terrorist threats’ in California, serving 90 days in jail and receiving 36-month probation.
Sounds like a fantastic business partner, doesn’t he? But wait, it gets better.
Berges has frequently displayed art by Chinese artists and said he was enthusiastic about the prospect of opening galleries in Beijing and Shanghai.
Of course, that should work well for Biden who, The Post noted, still has “business interests in a billion-dollar Chinese investment firm.”
And the home in which he is staying in California is connected to Shane Khoh, a real estate investor and CEO of SXU Investment Holdings LLC.
Khoh is also on the board of Siong Heng Realty Pte Ltd., which is a Singapore-based real estate holding company.
“I have nothing to say about Hunter Biden. I have no comment,” Khoh said when asked about his relationship with Hunter Biden by the New York Post.
The younger Biden is certainly not hurting for cash as his rent is said to be around $12,000 a month and he is riding around in a car with an approximate retail value of $90,000, a Porsche Panamera.
That could be because his 10 percent stake in the Chinese investment firm is paying him some handsome dividends.
“It’s like a lottery ticket he has in his hand with a 10 percent stake in a company worth billions,” a source told The Post. “Just imagine if that company is worth $2 billion, Biden takes home $200 million.”
“Hunter Biden’s tangled web of shell companies, LLCs, investment vehicles, and options agreements make it virtually impossible to know where he is getting income from,” Thomas Anderson, director for the National Legal Policy Center, said.
But hey, perhaps he just wants to sell art to rich people for funsies?
“We highly doubt, however, a career as an artist will do anything more than act as a vehicle to further shield where that income is coming from,” Anderson said of Biden’s new venture.
In a New York Times piece on his art from February 2020, however, Biden said he has another reason for being an artist.
Painting “is literally keeping me sane,” he said. “For years I wouldn’t call myself an artist. Now I feel comfortable saying it.”
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Author: Martin Walsh