US Politics

Hunter Biden Could Still Hold Millions in China-Backed Investment Fund: Report

Hunter Biden announced he is stepping down from the board of a Chinese-backed private equity company, he can still have millions of dollars in the company.
Hunter Biden Could Still Hold Millions in China-Backed Investment Fund: Report
Then-Vice President Joe Biden, left, with his son Hunter at the Duke Georgetown NCAA college basketball game in Washington on Jan. 30, 2010. Nick Wass/AP Photo
Isabel van Brugen
|Updated:

Although the former vice president’s son Hunter Biden announced he is stepping down from the board of a Chinese-backed private equity company, he could still have millions of dollars of value in the company, according to expert analysis.

Biden announced Oct. 13 he plans to step down from the board of directors of BHR (Shanghai) Equity Investment Fund Management Co. on or before Oct. 31.

Isabel van Brugen
Isabel van Brugen
Reporter
Isabel van Brugen is an award-winning journalist. She holds a master's in newspaper journalism from City, University of London.
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