Is Devon Archer’s financial standing still solid despite his legal troubles?
His career in private equity, investments, and corporate finance has been eventful, leading to substantial wealth. However, past securities fraud charges and restitution payments have significantly impacted his finances.
In this article, Pennbook breaks down Devon Archer net worth, his earnings, and the financial effects of his legal battles.
Devon Archer Quick Facts
FACT | DETAIL |
---|---|
Real Name | Devon Archer |
Popular Name | Devon Archer |
Birth Date | N/A |
Age | N/A |
Birthplace | Long Island, New York, USA |
Nationality | American |
Ethnicity | N/A |
Education | Yale University (Graduated 1996) |
Marital Status | Married |
Spouse | Podiatrist (Name N/A) |
Children | Three |
Dating | N/A |
Siblings | N/A |
Parents | N/A |
Height | N/A |
Net Worth | Not Publicly Disclosed |
Source of Wealth | Private Equity, Investments, Venture Capital |
What is the Net Worth Of Devon Archer in 2025?
Due to a lack of public financial disclosures, Devon Archer’s net worth remains unknown.
However, his involvement in Burisma Holdings, BHR Partners, and Rosemont Seneca Partners suggests a history of substantial earnings. Comparisons with figures in similar business sectors, like Hunter Biden and Christopher Heinz, indicate that he once had significant wealth.
However, his securities fraud conviction resulted in a $43 million restitution order to the Oglala Sioux Tribe, which undoubtedly affected his finances. His legal troubles may have diminished his overall fortune.
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Devon Archer Wealth, Salary and Financial Overview
How Did He Accumulate His Wealth?
Devon Archer built his wealth primarily through investment advisory firms and private equity. Early in his career, he worked at Citibank Vietnam, gaining experience in international finance.
In 2008, he co-founded Rosemont Seneca Partners with Hunter Biden, later expanding into BHR Partners, a China-based private equity fund. His business dealings included strategic investments in natural resources, financial services, and international acquisitions.
What Were His Most Notable Business Ventures?
Archer’s key business ventures include:
- Burisma Holdings: Served on the board from 2014 to 2019, working alongside Hunter Biden.
- Rosemont Seneca Partners: A U.S. investment firm co-founded with Hunter Biden.
- BHR Partners: A China-based private equity fund with ties to state-owned enterprises.
- Real Estate Investments: Facilitated high-profile property deals, including a $3.5 million transfer from Russian businesswoman Yelena Baturina.
These ventures contributed significantly to his financial portfolio before his legal issues.
How Did His Legal Issues Impact His Finances?
Archer’s securities fraud conviction in 2018 dramatically impacted his finances. The fraud involved misusing $60 million in bond-sale proceeds meant for the Oglala Sioux Tribe.
The U.S. Supreme Court denied his appeal in 2024, solidifying his one-year and one-day prison sentence. He was also ordered to pay $43 million in restitution, significantly depleting his financial resources.
What Are His Known Financial Connections?
Archer had strong financial ties to powerful business and political figures:
- Hunter Biden – Business partner at Rosemont Seneca.
- John Kerry’s family – Close connections via Christopher Heinz.
- Chinese state-owned enterprises – BHR Partners facilitated multiple deals in energy and mining.
- Russian Oligarchs – Yelena Baturina transferred millions to his firm.
His global business dealings reflect a complex financial network, intertwining investments with politics.
How Do His Business Ventures Compare to Similar Figures?
Archer’s financial trajectory is similar to other private equity investors but carries added controversy due to his political ties. Unlike traditional private equity executives, Archer leveraged connections in U.S. and international politics to expand his financial reach.
However, unlike billionaires in private equity, his legal troubles and securities fraud conviction set him apart. He faced greater scrutiny, ultimately impacting his long-term wealth accumulation.
What Are the Ongoing Financial and Legal Challenges He Faces?
Moving forward, Archer must navigate:
- Restitution payments – $43 million owed to the Oglala Sioux Tribe.
- Business reputation decline – His fraud conviction limits investment opportunities.
- Legal constraints – His Supreme Court appeal was denied, enforcing his sentence.
- Future income limitations – His involvement in finance may be restricted.
Given these challenges, his financial future remains uncertain.
Conclusion
Devon Archer’s financial journey is a mix of success and controversy. While his business ventures once brought him wealth, legal issues have drastically reshaped his financial standing.
His connections to high-profile figures in politics and finance make his story even more intriguing. Want more insights into celebrity wealth? Visit Pennbook for the latest financial updates.