Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Chelsea Clinton’s IAC Stock Is Now Worth More Than $6 Million
Barrons ^ | 10/4/2018 | Ed Lin

Posted on 10/09/2018 12:02:15 PM PDT by simpson96

She persisted—and it paid off.

Chelsea Clinton, the daughter of former President Bill Clinton and former Secretary of State Hillary Clinton, joined the board of IAC/InterActiveCorp ,the owner of a portfolio of internet brands, in September 2011. Her personal stake in IAC has swelled to more than $6.6 million as the stock has more than tripled in value in the past two years.

Since she joined the board of IAC (ticker: IAC), Clinton, the vice chair of the Clinton Foundation, has never purchased any IAC shares on the open market, according to regulatory filings with the Securities and Exchange Commission. As a director, each calendar year Clinton receives a $50,000 retainer and $250,000 in restricted stock units, or RSUs, which vest in installments and convert into shares. In her shortened first year, she received only a $12,500 retainer along with the full award of $250,000 in RSUs, according to an IAC filing.

She took the $12,500 retainer in cash, but since then Clinton has opted for a yearly retainer in $50,000 in share units, which represent the number of IAC shares that could have been purchased on the relevant date. When directors leave the board, they receive the shares represented by the share units.

As of Sept. 30, Clinton owned the equivalent of 31,182 IAC shares, which includes 25,964 actual shares and 5,218 share units, according to an Securities and Exchange Commission filing. Those shares are worth a total of $6.62 million, using Wednesday’s closing price of $212.31. In addition, Clinton also owns at least 1,641 RSUs.

The Clinton Foundation didn’t return a phone call seeking comment from Clinton.

(Excerpt) Read more at barrons.com ...


TOPICS: Chit/Chat
KEYWORDS: cattlefutures; chelsea; chelseastock; gay; lesbian; media; porn
Navigation: use the links below to view more comments.
first 1-2021-4041-50 next last
From 6/23/2014:

"It is frustrating, because who wants to grow up and follow their parents? Clinton said of her work at the foundation. "I've tried really hard to care about things that were very different from my parents. I was curious if I could care about [money] on some fundamental level, and I couldn't. That wasn't the metric of success I wanted in my life. I've talked about this to my friends who are doctors and whose parents are doctors, or who are lawyers and their parents are lawyers. It's a funny thing to realise I feel called to this work both as a daughter and also as someone who believes I have contributions to make." Chelsea Clinton

1 posted on 10/09/2018 12:02:15 PM PDT by simpson96
[ Post Reply | Private Reply | View Replies]

To: simpson96

And now she’s worth $6 Million she doesn’t have to worry about money.


2 posted on 10/09/2018 12:04:40 PM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.B)
[ Post Reply | Private Reply | To 1 | View Replies]

To: simpson96

What a coincidence.
Politicians and their children never ever get rich....after demonstrating absolutely no talent in the fields of business or science.
Wonder how that happened?


3 posted on 10/09/2018 12:05:24 PM PDT by Da Coyote
[ Post Reply | Private Reply | To 1 | View Replies]

To: simpson96

“I’ve talked about this to my friends who are doctors and whose parents are doctors, or who are lawyers and their parents are lawyers.”

She sounds like a 12 year old.

.


4 posted on 10/09/2018 12:05:31 PM PDT by Mears
[ Post Reply | Private Reply | To 1 | View Replies]

To: wastoute

She can now well afford that plastic surgery so she doesn’t resemble Daddy Webb


5 posted on 10/09/2018 12:05:54 PM PDT by A_Former_Democrat ("Mods/Independents/Dems/Non-voters" Are CRAZY DIMS REALLY who you'd want BACK in POWER?)
[ Post Reply | Private Reply | To 2 | View Replies]

To: simpson96

she has her mother’s pension for insider trading...

but i believe she is clueless as to the inappropriateness to which she has made money... she just thinks this is what happens, and if you are a clinton, it does.


6 posted on 10/09/2018 12:06:34 PM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: simpson96

Chelsea tried to care about money. She just couldn’t.

I shake my head at those who still believe in the Clinton gang.


7 posted on 10/09/2018 12:08:23 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
[ Post Reply | Private Reply | To 1 | View Replies]

To: simpson96

I would make a put against IAC. It’s going down.


8 posted on 10/09/2018 12:08:25 PM PDT by struggle
[ Post Reply | Private Reply | To 1 | View Replies]

To: Da Coyote

Its a backdoor bribe to her parents.


9 posted on 10/09/2018 12:08:29 PM PDT by Wolfie
[ Post Reply | Private Reply | To 3 | View Replies]

To: simpson96

Boy oh boy...don’t the clinton women have great “luck” on the Stock Market”?

It’s amazing.

/s


10 posted on 10/09/2018 12:09:12 PM PDT by FrankR (You gotta stand for something, or you'll fall for anything!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: simpson96

Let’s be honest here. Has Chelsea Clinton ever had, you know, a real job?

I mean a job that was handed to her because of the connection to her parents? You know, a job she actually had to interview and compete for based upon her experience, value, and talent? Has Chelsea Clinton ever, in her young life, worked a minimum wage job, or even an entry level job?

The old adage that Chelsea was born on third base and thinks she hit a triple applies here. Chelsea is a product of the swamp and doesn’t possess the self awareness to understand this.


11 posted on 10/09/2018 12:11:54 PM PDT by Obadiah
[ Post Reply | Private Reply | To 1 | View Replies]

To: simpson96

Just two words for you, Chelsea: CATTLE FUTURES.


12 posted on 10/09/2018 12:13:35 PM PDT by Mark (Celebrities... is there anything they do not know? -Homer Simpson)
[ Post Reply | Private Reply | To 1 | View Replies]

To: simpson96

Crime pays.


13 posted on 10/09/2018 12:14:17 PM PDT by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: simpson96

I bought 500 shares back on 4/18/2016, at $46.68, as part of a portfolio buy, and have done quite nicely with it.


14 posted on 10/09/2018 12:14:24 PM PDT by Carriage Hill (Life is simpler when you plow around the stump.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: simpson96

I wonder if the NYTimes will do a story about how her parents gave her more money than she was admitting and used fraud and access to powerful people to increase her wealth


15 posted on 10/09/2018 12:17:25 PM PDT by z3n
[ Post Reply | Private Reply | To 1 | View Replies]

To: simpson96
Chelsea Clinton, the daughter of former President Bill Clinton and former Secretary of State Hillary Clinton ...

Chelsea Clinton, the daughter of convicted Arkansas lawyer Webster Hubbell and former Secretary of State Hillary Clinton ...

There, fixed it for you.

16 posted on 10/09/2018 12:20:47 PM PDT by SFConservative
[ Post Reply | Private Reply | To 1 | View Replies]

To: z3n

Talk about white privileges. The elite political privilege bears that.


17 posted on 10/09/2018 12:20:49 PM PDT by Oldexpat (C)
[ Post Reply | Private Reply | To 15 | View Replies]

To: simpson96

How strange and wonderful that money somehow travels at warp speed into the Clintons’ bank accounts.


18 posted on 10/09/2018 12:25:44 PM PDT by pabianice
[ Post Reply | Private Reply | To 1 | View Replies]

To: simpson96

Did her husband use the money he lost for other people to invest in the stock for her?


19 posted on 10/09/2018 12:27:58 PM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
[ Post Reply | Private Reply | To 1 | View Replies]

To: A_Former_Democrat

Partner, there’s somethings that even money can’t fix.


20 posted on 10/09/2018 12:34:14 PM PDT by onona (It is often wise to allow a person a graceful path.)
[ Post Reply | Private Reply | To 5 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-50 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson