Russian oligarch invested $40 million in Hunter Biden's company

The Russian oligarch considered the money "a payment to enter the American market" as Hunter Biden's company planned to use her investment to fund real estate projects in Texas, Colorado, Alabama, New Mexico and Oklahoma.

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Joshua Young North Carolina
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New emails show that Russian oligarch and billionaire Yelena Baturina invested over $40 million in Hunter Biden's real estate company, Rosemont Realty, in 2012.

The Daily Mail reports that Baturina's brother Viktor Baturin said his sister considered the money "'a payment to enter the American market" as Rosemont Realty planned to use her investment to fund real estate projects in Texas, Colorado, Alabama, New Mexico and Oklahoma.

Baturina invested the money on behalf of a Swiss plastics and construction company she owned, Inteco Management AG.

Baturina has a net worth of $1.4 billion, and Inteco is a primary driver of her wealth. She is also the widow of a "corrupt Moscow mayor" according to the Daily Mail.

In 2020, the Senate Homeland Security Committee first flagged the relationship between Baturina and Hunter Biden as she was wiring money to the president's son's company.

Hunter Biden, after Baturina's 2012 investment, officially founded Rosemont Realty in 2013 with Devon Archer, who is now in prison for fraud.

The emails confirming the relationship come from the Kazakhstani Initiative on Asset Recovery, an anti-corruption group.

Revelations from Hunter Biden's "laptop from hell" have confirmed that Joe Biden's son was engaged in suspicious business partnerships in Ukraine for years, including deals that allegedly resulted in significant financial kickbacks to Joe Biden.

Those emails confirmed Hunter earned more than $11 million from Chinese and Ukrainian business deals over 5 years. This year President Biden sold 1 million barrels of oil from the US Strategic Reserves to a Chinese company Hunter Biden previously invested in.

Then Vice President Joe Biden met with two Hunter Biden connected executives from Wanxiang, a major Chinese energy company, at the White House on July 25, 2014. This despite the president saying, "I have never discussed, with my son or my brother or with anyone else, anything having to do with their businesses. Period."

After reviewing the laptop, NBC wrote, "From 2013 through 2018 Hunter Biden and his company brought in about $11 million via his roles as an attorney and a board member with a Ukrainian firm accused of bribery and his work with a Chinese businessman now accused of fraud."
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