Following his diplomatic assignment, Senator Baucus and his wife, Melodee Hanes, formed the Baucus Group LLC. He is currently serving as an advisor to several companies including Binance, Earnin, Infervision, Montana Technologies, Tonix Pharmaceuticals, ASAAP, Q-Cells, Rose Lake Capital and ZhenCai. He previously served as an advisor or director to Alibaba, Craft Ventures, Envigo, ToyJoy, Ingram Micro and the External Advisory Board to the U.S. Central Intelligence Agency. He now devotes much of his time to the Max S. Baucus Institute in Montana, founded to give young adults opportunities in politics, government, and overseas studies.
The Senator and Melodee Hanes have a blended family of two sons, a daughter, three adorable grandchildren, and make their home in Bozeman, Montana.