The model of the Kerr—Newman (KN) electron generated by the superrotating gravitational field of a black hole is modified to a radiating black—white hole that both absorbs and emits electromagnetic waves. Following quantum electrodynamics (QED), we consider the KN solution to be either a bare electron model or a dressed electron model, where the bare electron forms a classical massless relativistic string responsible for the wave properties of the electron as a quantum particle, while the dressed electron forms a heavy electron—positron vacuum core dressed by the KN gravitational field due to the formation of electron and positron Wilson loops. Within the framework of the Kerr—Schild formalism, a class of radiating KN solutions is considered, whereby the electromagnetic field is absorbed by the black hole and at the same time radiated away by its white side.