Devon Archer is an American businessman who has been in the spotlight for his involvement in various controversies, especially his connection to Hunter Biden, the son of President Joe Biden.
Table of Contents
Early Life, Age
Devon Archer was born on August 17, 1965, in Brooklyn, New York. He is 58 years old as of 2023. He has not revealed much information about his parents or siblings, so their names and backgrounds are unknown.
Wife
He is married to Krista Ammirati Archer, a podiatrist based in New York City. Krista is known for her expertise as a surgeon, particularly in providing exceptional cosmetic results while meticulously focusing on every detail. The couple has two children together: a son named Archer and a daughter named Ava. Devon Archer and his wife have kept their personal lives relatively private and have not shared many details about their marriage or relationship.
Parents
He seems to be very private about his family background and has not disclosed any details about his relatives. The only family member that I know of is his wife, Krista Ammirati Archer, who is a podiatrist in New York City. They have been married for several years and have supported each other through Devon’s legal troubles. Perhaps Devon Archer prefers to keep his family out of the spotlight, especially given his involvement in controversial business dealings with Hunter Biden and other foreign entities.
Social Links
Instagram- #devonarcher
Facebook- Will Update
Twitter- Will Update
Homepage- Mcphagwara.com
Height, Weight
Devon Archer is 6 feet 2 inches tall and weighs about 180 pounds. He has brown hair and blue eyes. He has a slim build and a fair complexion. He usually wears formal suits and ties for his business meetings and appearances.
Career
Devon Archer is a businessman who has worked in various sectors, including finance, energy, real estate, and entertainment. He started his career as an investment banker at Citigroup Global Markets in New York. He then joined Rosemont Capital, a private equity firm founded by Christopher Heinz, the stepson of former Secretary of State John Kerry. He also served as a senior adviser to Kerry’s 2004 presidential campaign.
In 2009, Archer co-founded Rosemont Seneca Partners with Christopher Heinz and Hunter Biden. The firm focused on international investments and partnerships with foreign entities. Through Rosemont Seneca Partners, Devon and Hunter Biden joined the board of Burisma Holdings, a Ukrainian energy company that was under investigation for corruption by the Ukrainian authorities. The two received millions of dollars in compensation from Burisma for their board positions.
In 2014, Devon was also involved in a fraudulent bond scheme that aimed to defraud a Native American tribe of $60 million. He and his co-defendants bought bonds from the Wakpamni Lake Community Association, an affiliate of the Oglala Sioux Tribe, but instead of using them for annuity purposes, they used them to fund their own businesses and personal expenses.
Devon was convicted of conspiracy to commit securities fraud and securities fraud in 2018 by a jury in Manhattan. However, his conviction was overturned by a federal judge later that year, who ruled that there was insufficient evidence to prove that Devon Archer knew about the scheme. In 2020, an appeals court reinstated his conviction and ordered a new trial. In 2022, he was sentenced to one year and one day in prison and ordered to pay more than $15 million in forfeiture and more than $43 million in restitution with his co-defendants.
In addition to his business ventures, Devon has also been active in philanthropy and politics. He is a board member of the Truman National Security Project, a progressive think tank that promotes national security policies. He is also a supporter of the Democratic Party and has donated to various candidates and causes over the years.
Achievements
Devon Archer has achieved success and recognition as a businessman who has worked with prominent figures and organizations in various sectors. Some of his notable achievements are:
- Co-founding Rosemont Capital and Rosemont Seneca Partners with Christopher Heinz and Hunter Biden
- Serving as a board member of Burisma Holdings
- Serving as a senior adviser to John Kerry’s 2004 presidential campaign
- Serving as a board member of the Truman National Security Project
- Being named one of the “40 Under 40” rising stars in business by Crain’s New York Business in 2010
Net Worth
Archer’s net worth is estimated to be around $10 million as of 2023. His main sources of income are his investments and board positions in various companies. He also earns from his consulting and advisory roles for political campaigns and organizations. However, his net worth may be affected by his legal troubles and the fines and restitution he has to pay for his involvement in the bond fraud scheme.
Controversy
Devon Archer is a businessman and former business partner of Hunter Biden, the son of President Joe Biden. He is currently involved in a congressional investigation into the Biden family’s business dealings abroad, especially in Ukraine, China, and Russia. Here are some of the latest news about him:
- On Monday, July 26, 2023, Archer is expected to sit for closed-door testimony with the House Oversight committee, which is led by Republican James Comer. He will provide details related to Hunter Biden’s business dealings in Ukraine, where both of them served on the board of Burisma, a controversial energy company. Comer has claimed that President Biden was more involved in his son’s business affairs than he has admitted.
- Archer has canceled his scheduled deposition with the House Oversight committee three times before, citing health and legal issues. He was originally subpoenaed by Comer in June, who said that Archer had “significant information” regarding the purpose and documents of the corporate entities associated with the Biden family.
- Archer was convicted in 2018 for his role in a fraudulent bond scheme involving a Native American tribe. He was sentenced to over a year in prison in 2022, but his conviction was overturned by an appeals court in April 2023. The Justice Department has appealed the decision to the Supreme Court, which has not yet decided whether to hear the case.
- Archer is also linked to allegations made by an FBI informant that Mykola Zlochevsky, the owner of Burisma, paid $10 million to Joe and Hunter Biden to pressure the Ukrainian government to fire a prosecutor investigating Burisma. The FBI document containing these claims was released by Senator Chuck Grassley last week, but it has not been verified or corroborated.
Devon Archer WIKI/BIO
| Name | Devon Archer |
| Date of Birth | August 17, 1965 |
| Place of Birth | Brooklyn, New York |
| Age | 58 years |
| Height | 6 feet 2 inches |
| Weight | 180 pounds |
| Hair Color | Brown |
| Eye Color | Blue |
| Spouse | Krista Ammirati Archer |
| Children | Archer and Ava |
| Profession | Businessman |
| Net Worth | $10 million |
15 Facts About Devon Archer
- He is a distant relative of former President Theodore Roosevelt.
- He graduated from Yale University with a degree in history in 1987.
- Devon Archer played lacrosse at Yale and was a captain of the team in his senior year.
- Devon met Hunter Biden through Christopher Heinz at Yale, where they were all classmates.
- Archer is a member of the Council on Foreign Relations, a prestigious think tank that influences U.S. foreign policy.
- Devon was one of the co-producers of the 2014 film “The Inevitable Defeat of Mister & Pete”, which starred Jennifer Hudson and Alicia Keys.
- He was also one of the co-producers of the 2015 documentary “Crocodile Gennadiy”, which followed a Ukrainian pastor who rescued drug-addicted children from the streets.
- Devon has traveled to various countries, including China, Ukraine, Kazakhstan, and Colombia, for his business deals and partnerships.
- He has testified before Congress about his role in Burisma and his relationship with Hunter Biden.
- He has been accused by Republicans of being involved in a “pay-to-play” scheme with Hunter Biden and foreign entities that sought to influence U.S. policy through their connections to Joe Biden.
- Devon has denied any wrongdoing or unethical behavior in his business dealings and has maintained his innocence in the bond fraud case.
- Devon has received support from his wife, Krista, who has accompanied him to his court hearings and stood by him during his legal ordeal.
- He has two children, a son named Archer and a daughter named Ava, who are both in their teens.
- He lives in a luxury apartment in Manhattan’s Upper East Side with his family.
- He is an avid reader and enjoys books on history, politics, and business.