Posted on 01/06/2020 8:58:59 AM PST by simpson96
Chelsea Clinton has reaped $9 million in compensation since 2011 for serving on the board of an internet investment company, according to Barron’s, the financial publication.
Barron’s reported Sunday that Clinton has profited handsomely as a board member for IAC/InterActiveCorp, a media and internet investment company that has an ownership stake in 150 well-known brands, such as Vimeo, Tinder, Angie’s List and Home Advisor.
Clinton, the only child of former President Bill Clinton and former Secretary of State Hillary Clinton, has served on IAC’s board since 2011 and receives an annual $50,000 retainer and $250,000 worth of restricted IAC stock units, Barron’s reports.
She reported owning $8.95 million worth of IAC stock to the Securities and Exchange Commission at the end of December.
Barron’s notes that IAC’s stock has risen 89 percent, 50 percent and 36 percent in 2017, 2018 and 2019, respectively, a far steeper rise than the broader stock market.
Clinton’s public profile has proved a valuable commodity.
She earned an annual salary of $600,000 working as a special correspondent for NBC News in 2013 and part of 2014.
Clinton was named to the board of Expedia Group in March of 2017, a position that typically earned $250,000 in 2015, according to a report at the time by The Guardian.
Both IAC and Expedia are controlled by Barry Diller, the business and television mogul, who is a friend of Hillary Clinton.
(Excerpt) Read more at thehill.com ...
Never has one earned so much, from doing so little.
Form someone who claims she does not care about money. Considering hew hubby headed a hedge fund that went bust I guess someone has to pay for the seven figure New York residence and lifestyle.
Okay, so when one of the Trump kids gets their windfall of X Million Dollars, we don’t want to hear any complaining.
Nepotism happens, in BOTH directions. Deal with it!
The grift does not fall far from the tree.
It can happen when your parents are Bill and Hillary.
When is she running for prez? The grooming of our elite overlords?
Rules for changing a limited republican government into an unlimited hereditary one.
http://home.hiwaay.net/~becraft/FRENEAUbanking.html
Hunter Biden did a much better job than Chelsea.
Another example of how the corrupt politicians (and their kids) get paid for their corruption on the books...
Political contribution for whatever “safe” Dem seat she wants run for....
It is so unacceptable
The Trump kids went to school. Wharton, in fact. They are experts in their fields.
Oh the wonderful crooked Clintons.
You mean Web’s daughter?
“ Okay, so when one of the Trump kids gets their windfall of X Million Dollars, we don’t want to hear any complaining.”
The Trump kids are well educated and their parents are not politicians.
I fail to understand this. Who in business will determine a company worthy of dealing with because Chelsea Clinton is on their board? It reeks of money laundering.
She is not worth that much. This is payment towards her presidential aspirations.
Born on third base and thought she hit a triple.
Buying political influence with the bureaucrats in the swamp.
From the Howdy-Doody impersonator slush-fund.
Comparing corrupt Demos with regular Americans is apples vs oranges. Trump’s sons and daughters quite obviously deliver value to their family-owned business.
Chelsea “may” deliver value, but she would be the first Demo in history to do so.
Still, as with all Demos, if she isn’t involved in anything criminal she has nothing to worry about.
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