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.
Man charged with killing off-duty Chicago police officer denied pretrial release
Dean Phillips becomes first House Democrat to call on Rep. Cuellar to resign after indictment
Travis Kelce Annoyed by Fans who Keep Sending ‘Random’ Stuff to His House – ‘It’s Not Getting to Me’
Bidenomics: Americans ‘Magic Number’ for Retirement Up 50% Since Biden Took Office
Elite Universities Are Now Getting Hit with Yet Another Problem: Furious Parents
Football Hall of Famer Booted from Network, Show Shut Down After More Than 20 Years on the Air
Biden admin’s DOE investigating Emory University for alleged anti-Muslim discrimination
Border Patrol sector stops hundreds of Chinese illegal immigrants in just two days as numbers soar
Famous Hollywood Director Working on Film About How Lack of Facebook Censorship Caused Jan 6
Fox News Politics: Mr. Broke It
AZ Supreme Court Unanimously Overturns Sanctions Against GOP for Bringing 2020 Election Suit
Prosecutors repeatedly reference Trump’s Access Hollywood scandal after judge ruled tape itself ‘prejudicial’
Nancy Pelosi, John Kerry, other Biden allies awarded Presidential Medal of Freedom
‘Damning’ report details Biden admin’s Big Tech ‘censorship’ push
New ruling reveals fate of middle school girls banned for protesting trans competitor
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.
Story cited here.
Scroll down to leave a comment:
