After we learned that Hunter Biden made big bucks sitting on the board of prominent Ukraine energy company, Burisma Holdings, now it seems the daughter of Hillary Clinton has unsurprisingly benefitted financially from her last name.
‘Chelsea Clinton has hauled in $9 million in compensation since 2011 as a board member of an internet investment company’
The Gateway Pundit reports that back “In 1978 and 1979, Hillary Rodham Clinton conducted a series of trades in cattle futures. She turned her $1,000 investment into nearly $100,000 (equivalent to $352,269 in 2019) in just 10 months.”
Similarly, “Chelsea Clinton has hauled in $9 million in compensation since 2011 as a board member of an internet investment company, according to Barron’s, the financial publication.”
Like mother, like daughter.
Chelsea Clinton reaps $9 million from corporate board position https://t.co/m5ceQSLkMD pic.twitter.com/z25ruvTFWP
— The Hill (@thehill) January 6, 2020
Clinton Raking It In
Chelsea has served on the board of media and internet investment company IAC/InterActiveCorp, which owns a stake in 150 major brands, including Vimeo, Tinder, Angie’s List and Home Advisor.
For this, Barron’s reports that Bill and Hillary’s only child reportedly gets an annual $50,000 retainer and $250,000 worth of restricted IAC stock units.
According to The Hill, “She reported owning $8.95 million worth of IAC stock to the Securities and Exchange Commission at the end of December.”
Barron’s reports that IAC’s stock rose 89 percent in 2017, 50 percent in 2018 and 36 percent in 2019, a significantly higher increase each year than the broader stock market.
Being Chelsea Clinton is profitable. The former First Daughter made $600,000 a year in 2013 and 2014 working as a special correspondent for NBC News.
The Guardian reported that Clinton also sat on the board of Expedia Group in March of 2017, which earned her roughly $250,000 in 2015.
Businessman and TV mogul Barry Diller controls IAC and Expedia. Diller is a personal friend of Hillary Clinton, and has been spotted attending Broadway shows with the Clintons in the past.
Chelsea Clinton made $9M since 2011 from corporate board position: report https://t.co/lHsAqxJGqh pic.twitter.com/PpDKIYspzG
— New York Post (@nypost) January 7, 2020
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The Daily Mail looked into Chelsea’s income to find she took home over $600,000 in 2018 for serving on the boards of IAC and Expedia.
How many times did those boards meet? Six times–and members of the Expedia board were only obligated to attend two meetings in that period.
Must Be Nice
The Gateway Pundit notes, “Chelsea has been getting free money for years, just like her mother did.”
It must be nice to be Hunter Biden or Chelsea Clinton, where you never have to lift a finger of do a day of work in your life and yet you are still fabulously wealthy.
All because of what your last name is.