Hunter Biden ran out of money as art sales dried up, court filings say – Washington Examiner
Hunter Biden has reported notable financial difficulties, accumulating millions of dollars in debt as his art sales have dwindled since the conclusion of his father’s presidency. According to recent court filings, he revealed that his income from art and expected public speaking engagements has drastically fallen. Even though he previously earned an average of $54,000 per artwork, he has only sold one piece recently for $36,000, and book sales for his memoir, “Lovely Things,” have also declined.
Biden attempted to dismiss a lawsuit he filed against Garrett Ziegler, who he accused of hacking into and tampering with his laptop data. He claimed that despite believing in the merits of his case,his financial situation made it impossible to continue the litigation. Furthermore, Biden admitted that he had accepted a multimillion-dollar loan from a Hollywood lawyer to address his tax debts.
His legal challenges extend beyond this case,as he is also involved in litigation regarding tax details becoming public. Biden’s financial struggles have led him to reconsider several ongoing lawsuits due to his dwindling resources.
Hunter Biden ran out of money as art sales dried up, court filings say
Hunter Biden said he has racked up “significant debt in the millions of dollars range” after watching his art sales dry up at the end of his father’s presidency, according to court documents filed this week.
Former President Joe Biden‘s son made the admission when he asked a judge in California to dismiss a lawsuit he brought against one of the top disseminators of his laptop data, saying he no longer has the financial resources to continue litigation despite still believing in the merits of his case.
The former first son and avid painter said he thought he would garner income from public appearances after earning an average of $54,000 each on 27 pieces of artwork in the “2 or 3 years” prior to December 2023. Hunter Biden said, however, that he has since only sold one piece of artwork, for just $36,000, and said that book sales for his memoir Beautiful Things have dropped.
“Given the positive feedback and reviews of my artwork and memoir, I was expecting to obtain paid speaking engagements and paid appearances, but that has not happened,” he said.
“While I was aware that my financial position had significantly deteriorated over time, it was not until the past month that I realized I had to take drastic actions to alleviate this situation,” Hunter Biden wrote about his decision to dismiss the lawsuit voluntarily.
Hunter Biden pleaded guilty last year to failing to pay taxes on millions of dollars in income, and his debt could be attributed, in part, to accepting a multimillion-dollar loan from Hollywood lawyer Kevin Morris to help pay his tax debts.
Hunter Biden sued Garrett Ziegler and his company, Marco Polo, in September 2023, calling Ziegler a “zealot who has waged a sustained, unhinged and obsessed campaign” against the Biden family.
Hunter Biden alleged that Ziegler illegally hacked into and tampered with his computer data, and the parties were set to go to a trial in September 2025 that would determine any damages the younger Biden was entitled to.
Hunter Biden’s laptop and hard drive, which he abandoned at a repair shop in 2019, became the source of significant national attention because of the salacious and damning material that the FBI, political operatives, and eventually the media uncovered them.
Marco Polo, for its part, has maintained a publicly accessible 644-page e-book containing intensely personal details from the data about Hunter Biden’s once drug-fueled life and lucrative business dealings abroad.
Hunter Biden said Ziegler “admitted to hacking my iCloud in multiple public statements” but that he could not continue litigating the case because his “financial position” has “significantly deteriorated.”
FOR HUNTER, THE BIDEN BUSINESS GOES BUST
Hunter Biden is also involved in other litigation, including with the IRS over some of his tax information seeping into the public. He signaled in court filings that he could change his other lawsuits as well because of his lack of resources.
The Washington Examiner reached out to Marco Polo for comment.
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