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 Barrons, the financial publication.
Barrons 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, Angies List and Home Advisor.
Clinton, the only child of former President Bill Clinton and former Secretary of State Hillary Clinton, has served on IACs board since 2011 and receives an annual $50,000 retainer and $250,000 worth of restricted IAC stock units, Barrons reports.
She reported owning $8.95 million worth of IAC stock to the Securities and Exchange Commission at the end of December.
Barrons notes that IACs 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.
Clintons 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 ...
This is a common kickback scheme for politicians.
Of course it is, but anyone investigating it will likely be prosecuted or impeached. No successful business would pay a Clinton to simply “be on board”...
She probably has to kick some of it Hillary’s way
But is she on any Ukraine or China boards?
Hey, rent in NYC ain’t cheap. Besides, who wouldn’t welcome that kind of brilliance to their board? /s! Just another chapter in the book of “Life Ain’t Fair”.
$9 Milion is the tip of the Iceberg when it comes to Clinton Corrupt payoffs. Add in the $$$Millions from Epstein, Putin, the Chinese, etc. etc.
Yeah, them scupper lips match up pretty well huh?
Sure beats living in that trailer back in Arkansas were she was brought up.
/s
And people criticize Russia because their economy is run by politically-connected oligarchs.....
I'm not sure we know that Hunter Biden is an airhead yet. At least I haven't heard anything he has said. Chelsea, on the other hand, has opened her mouth multiple times for cameras and recorders and there is no doubt at all that she is an airhead, or at least wishes to appear as one.
ML/NJ
Fortunately for America, Chelsea Clinton lacks the good ole boy charmer charisma of her dad and the craven ambition of her mom.
She didn’t build that by herself. [Smirk]
How do I get one of those jobs????
...IAC/InterActiveCorp, a media and internet investment company that has an ownership stake in 150 well-known brands, such as Vimeo, Tinder, Angies List and Home Advisor... Both IAC and Expedia are controlled by Barry Diller...
[singing] griftin' on a sea of ill-gotten money...
One year gig would be enough for me.
[[This is a common kickback scheme for politicians]]
She could have wrote a book and sat on the couch.
way better returns than cattle futures
If Barry Diller is throwing shareholders' dollars away to enrich non-contributing board members, the shareholders have a complaint (assuming the companies are publicly held). Someone with a little expertise in such matters should buy a few shares of these Diller-controlled companies and rock the boat.
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