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.
House GOPers hope Trump keeps door to mineral deal open for Ukraine despite Oval Office dispute
Former Harris 2024 advisor sends warning to Democrats in audience for Trump speech: ‘Do not do dumb sh–‘
Linda McMahon Announces Department of Education’s ‘Final Mission’ After She’s Sworn in as Its Chief
DeSantis takes victory lap on Florida’s ‘momentous immigration legislation’ enforcing Trump agenda
Georgia Trump Supporter Blows Up at Baiting CNN Reporter, Walks Off Mid-Interview: ‘She Ain’t Talking Facts’
Royal Caribbean cruise passenger presumed dead after going overboard on ‘80s-themed voyage, family says
Supreme Court appears skeptical of Mexico’s lawsuit against American gunmakers
Retired US military leaders support letting Israel ‘finish the job’ against Iran, proxies
Liberal dark money groups notch victory as Republican retreat from town halls
Nonprofit founded by San Francisco mayor gives $11 million for pilot program on homelessness
Humiliating Problem Spotted in Schumer, Warren, and Booker’s Trump Attack Videos When They’re Placed Side-by-Side
Zelenskyy Appears to Relent a Day After US Aid Freeze: ‘Ready to Work Under President Trump’s Strong Leadership’
Reporter’s Noteboook: Sorting it out
Los Angeles Mayor Karen Bass recall effort launches
Big Economic Win: Trump Secures Foreign Investment That Dwarfs What Biden Bragged About
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.
