Devon Archer stated in court today that Joe Biden met with Yelena Baturina of Russia. She allegedly later invested approximately $40 million in Hunter Biden’s real estate endeavors. Moreover, she also paid Hunter Biden $3.5 million in consulting fees.
Who is Yelena Baturina?
Yelena Baturina is a Russian billionaire and well-known entrepreneur. She was born in Moscow, Russia, on March 8, 1963. Baturina’s real estate development business, Inteco Management, helped her earn an enormous fortune and recognition.
Baturina’s rise to prominence occurred during the early years of post-Soviet Russia when she established Inteco Management in 1991. The business grew to be among Russia’s biggest and most prosperous real estate development companies, taking part in several building initiatives all throughout the nation.
Yelena Baturina is also well-known for being married to Yuri Luzhkov, the mayor of Moscow from 1992, until his death in 2019. When Baturina was mayor, his business benefited from several lucrative contracts for building significant projects in the city. By 2011, Forbes listed Yelena Baturina as the richest woman in Russia and one of the wealthiest self-made women billionaires globally.
Baturina presided over the Russian Equestrian Federation from 1999 until 2005. She was successful in gathering enough money to help Russia’s equestrian sport reach the necessary level for such competition.
Now, Baturina runs the BE OPEN Foundation she set up in 2012. BE OPEN and the Mayor’s Fund for London collaborate closely. From 2017 to 2019, Baturina served as a trustee for the Mayor’s Fund for London.
According to the Sunday Times Rich List, Baturina’s net worth was projected to be £1.133 billion in 2021. She also owns farmland, numerous hotels and resorts, as well as a private plane. Additionally, she is the owner of the 18th-century-established “Veedern” horse breeding estate.
