How Hunter Biden spent $1.7M in cash over four years, withdrawing an average of $1,100 each day

Hunter Biden revealed in his most recent felony conviction that he took out over $1.66 million in cash over four years
UPDATED DEC 9, 2023
Hunter Biden has been accused of evading $1.4 million in federal taxes from 2016 to 2019 (Al Drago/Bloomberg via Getty Images)
Hunter Biden has been accused of evading $1.4 million in federal taxes from 2016 to 2019 (Al Drago/Bloomberg via Getty Images)

WILMINGTON, DELAWARE: The first son, Hunter Biden, gave his most startling revelation yet during his most recent felony conviction.  He admitted that he took out over $1.66 million (rounded off to 1.7 million) in cash over four years, part of which, according to his autobiography, he spent on narcotics that he consumed regularly.

Hunter, 53, faces allegations of evading $1.4 million in federal taxes from 2016 to 2019 in a nine-count charge sheet submitted to a federal court in Los Angeles.

Hunter Biden's expenses during 2016-2019

According to a helpful table breaking down the first son's expenses over the same period, he spent $1,664,004 on ATMs and cash machines alone, averaging $1,138.95 every day. This amount is in addition to the $683,212 spent on 'various women', $397,530 on clothes and accessories, and $188,960 on 'adult entertainment'.

Even though cash transactions lack a clear paper trail, data from Hunter's abandoned laptop details numerous separate withdrawals. Some instances reveal withdrawals ranging from $800 to $2,000 from his Wells Fargo checking account, with Hunter making up to seven withdrawals in a single day.

NEW YORK, NY - MAY 28:  Hunter Biden attends the T&C Philanthropy Summit with screening of
Hunter Biden stated in his 2021 book "Beautiful Things" that he was spending all of his money on getting high (Getty Images)

Hunter stated in his 2021 book 'Beautiful Things' that he was spending all of his money on getting high, therefore the bank account balance sometimes got close to zero.

According to the indictment, Hunter took out almost $772,000 in cash in 2018 alone, or $2,116.57 every day of that year. Hunter said in his book that he was consuming crack cocaine "every fifteen minutes, twenty-four hours a day" at that period.

When Hunter Biden surrounded himself with 'thieves, junkies' in 2018

Hunter Biden said he moved to California in April 2018, and he surrounded himself with 'thieves, junkies, petty dealers, over-the-hill strippers, con artists, and assorted hangers-on, who then invited their friends and associates and most recent hookups'.

He added, "They latched on to me and didn’t let go, all with my approval. I never slept. There was no clock. Day bled into night and night into day."

Hunter also wrote about this time, when he was living in opulent Los Angeles hotels, in a different passage that prosecutors also used from his writing.

"An ant trail of dealers and their sidekicks rolled in and out, day and night," he stated.

“They pulled up in late-series Mercedes-Benzes, decked out in oversized Raiders or Lakers jerseys and flashing fake Rolexes,” he added. “Their stripper girlfriends invited their girlfriends, who invited their boyfriends. They’d drink up the entire minibar, call room service for filet mignon and a bottle of Dom Pérignon. One of the women even ordered an additional filet for her purse-sized dog,” he added.

GET BREAKING U.S. NEWS & POLITICAL UPDATES
STRAIGHT TO YOUR INBOX.

MORE STORIES

Rep Mike Lawler said that a simple 'I'm sorry' could have defused outrage after Trump's staffer reportedly shared racist imagery of the Obamas
7 minutes ago
Hess's remarks draw criticism from 'Miracle on Ice' captain Mike Eruzione
13 minutes ago
Sen John Kennedy mocked chances of compromise, accusing Democrats of pushing to defund ICE and obstruct DHS funding
2 hours ago
DNI denies 'hiding' classified report, cites lengthy security review
2 hours ago
Gil Dezer and Michael Dezer backed pro-Trump efforts, partnered with President Donald Trump, and the jet reportedly bore Dezer Development’s logo
9 hours ago
Stewart says federal immigration enforcement in Bedford — including agents near schools — has weighed on her mood and sparked wider concern about community impact
9 hours ago
Despite protests and polls showing most opposed her staying in office, Trump backed Kristi Noem, citing border security gains and low crime rates
10 hours ago
Karoline Leavitt also praised 'Border Czar' Tom Homan as 'the perfect guy to be in charge of Minneapolis'
11 hours ago
After privacy advocates warned surveillance could let ICE identify and track protesters, Democrats are now calling for limits on body camera use
13 hours ago
Schlossberg announced his candidacy in November for the seat currently held by Democratic Rep Jerry Nadler, who is set to retire
14 hours ago