Posted on 01/08/2020 4:40:01 AM PST by simpson96
With all the talk about Hunter Biden these days, one might get the impression that he is the only child of a politician to benefit from his parents’ position and the last name they inherited.
Before Hunter Biden, the son of former Vice President Joseph R. Biden, got his strange but lucrative deal to sit on the board of energy company Burisma Holdings in Ukraine to the tune of $50,000 a month, there was Chelsea Clinton, the only child of former President Bill Clinton and former Secretary of State Hillary Clinton. She was similarly rewarded with jobs and board positions that had absolutely no relationship with that young woman’s interests, life, education or any perceived expertise.
All of this has racked up to what the New York Post reported back in 2015 was an estimated net worth of $15 million for the then-34-year-old. More recently, Barron’s, the finance newspaper, revealed that Chelsea Clinton has now reaped $9 million from a corporate board position. In 2011, while her mother was still secretary of state, she was appointed to IAC/Interactive, an Internet investment company. She receives an annual $50,000 retainer and $250,000 worth of restricted IAC stock units, according to Barron’s.
Ironically, and something the Clintons would be loathed to admit, they like most other American families benefitted from President Donald Trump’s leadership and correlating economic renaissance.
The Hill reported, “IAC stock has risen 89%, 50% and 36% in 2017, 2018 and 2019, respectively, a far steeper rise in the broader stock market.”
Consequently, Chelsea Clinton reported in December of last year her holdings ballooned to $8.95 million.
In 2017, Chelsea Clinton was also named to travel site Expedia’s Board of Directors. Because she’s a business genius? A travel genius? An investment prodigy? The Hill reported that position “typically earned $250,000 in
(Excerpt) Read more at washingtontimes.com ...
Protection money
New investment strategy: buy whatever the company stock for whatever business a Clinton works for.
I guess this explains why Meghan McCain is so angry all the time. she didn’t get her cut for life.
Typical “connected” rich criminal behavior. Throw this fraud criminal in prison.
...and she steered poor patients to other hospitals. Really caring there...
This did not happen AFTER Trump won.
She was given this job years ago when everybody thought Hillary would be president after Obama.
Also, the guy who owns this company is buddies with Hillary.
Lastly, most of the money came in the form of stock options OR stock shares. THEN the stock price INCREASED by 89% over several years.
This is the same person who NBC paid $600K. It was all about getting access to Hillary when she became president.
This is no different than all the DONATIONS to the Clinton Global Initiative. The CHARITY Chelsea, Bill and Hillary ran. Keep in mind, you can only legally give a $2500 donation directly to a candidate. This charity was just a way for individuals, corporations and counties to buy influence with who they believed would one day be the most powerful person in the world.
Then when Hillary lost AGAIN, they shut down the charity because NOBODY wanted to buy favors anymore.
RAT privilege.
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