Hunter Biden Complains of His Family’s Financial Collapse: ‘I Don’t Have any Assets’
Hunter Biden testified in a recent deposition that he no longer owns significant assets and lacks the financial resources to pay millions of dollars in legal fees sought by his former law firm.
The deposition was taken as part of a lawsuit filed by Winston Taylor, which alleges Biden owes approximately $17 million for legal representation related to federal criminal proceedings, congressional investigations and multiple civil lawsuits.
According to a transcript released this week, Biden described his financial situation in stark terms.
“I don’t have any assets. I don’t own a car. I don’t own a phone,” Biden testified.
“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,” he added. “So that’s it. And I don’t even have any other assets at all, stocks, bonds, anything like that, savings accounts.”
The deposition was conducted on Feb. 9 as part of the ongoing legal dispute.
Biden also testified that his relatives are unable to help him satisfy the outstanding legal bills.
“My family doesn’t have any money, and it’s not their debt anyway,” he said.
The lawsuit was filed in June 2025 after Winston Taylor alleged Biden failed to pay approximately $17 million in legal fees incurred while the firm represented him in several high-profile legal matters.
According to the report, the legal work included representation in federal criminal cases, congressional investigations and defamation lawsuits filed by Biden.
The deposition was taken as part of a lawsuit filed by Winston Taylor, which alleges Biden owes approximately $17 million for legal representation related to federal criminal proceedings, congressional investigations and multiple civil lawsuits.
According to a transcript released this week, Biden described his financial situation in stark terms.
“I don’t have any assets. I don’t own a car. I don’t own a phone,” Biden testified.
“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,” he added. “So that’s it. And I don’t even have any other assets at all, stocks, bonds, anything like that, savings accounts.”
The deposition was conducted on Feb. 9 as part of the ongoing legal dispute.
Biden also testified that his relatives are unable to help him satisfy the outstanding legal bills.
“My family doesn’t have any money, and it’s not their debt anyway,” he said.
The lawsuit was filed in June 2025 after Winston Taylor alleged Biden failed to pay approximately $17 million in legal fees incurred while the firm represented him in several high-profile legal matters.
According to the report, the legal work included representation in federal criminal cases, congressional investigations and defamation lawsuits filed by Biden.
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