In 2006, Beau Biden, who died of cancer in 2015, was roped into an investment meeting led by James and Hunter Biden, at the firm Paradigm Global Advisors. The family was considering acquiring the firm, and James Biden told executives there he’d have no problem bringing in people looking for an in with Joe Biden, who was a U.S. senator at the time. “We’ve got people all around the world who want to invest in Joe Biden,” James Biden told officials with the firm, according to a Politico Magazine investigation.
Beau Biden turned red in the face, telling his uncle, “This can never leave this room, and if you ever say it again, I will have nothing to do with this.” Hunter and James Biden denied the account to Politico, but the magazine stood by it, citing multiple sources with similar recollections. “We’ve got investors lined up in a line of 747s filled with cash ready to invest in this company,” a Paradigm executive recalls James Biden saying.
In 2014, the stepson of former Secretary of State John Kerry, Chris Heinz, gave Hunter a similar warning. The pair were partners in an investment firm, Rosemont Seneca, when Hunter Biden and a third partner, Devon Archer, were invited to join the board of the Ukrainian natural gas firm Burisma Holdings.