Finance News Opinons

Chelsea Clinton Reaps $9 Million From Corporate Board Position

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.


Judge Boasberg Laying Foundation to Hold Trump Administration in Contempt of Court
Anna Paulina Luna Is Right That It’s Difficult for Moms of Infants to Vote in Congress, But Her Solution Is the Wrong One
New book details Obama’s strained relationship with Democratic party: ‘Obama destroyed that s—‘
Fox News Politics Newsletter: ‘Liberation Day’ Backstory
UC Davis chancellor says violent attack on student conservative group ‘disappointing and embarrassing’
Israel Block Party at University of Texas disrupted by agitators
Despite Manifesto Full of Hate, Nashville PD’s Final Report on Covenant Shooting Comes to Its Own Conclusion
Dem senator looks to hijack key Trump budget process with tariff challenge
US shrimp industry hails ‘Liberation Day’ tariffs as saving domestic shrimpers
Army Considering Major Changes Following Hegseth Directive: Report
Trump’s China tariffs face legal challenge from conservative group calling them ‘unlawful’
South Carolina effort to mirror Trump DEI ban advances to state Senate
International Pedophile Streaming Service ‘Kidflix’ Shut Down with 1.8 Million Users
Trump Celebrates a Major Win as Jobs Report Blows Economists’ Expectations Out of the Water
Stephen Miller rips globalization as the ‘great theft of American prosperity’

See also  Cory Booker breaks record for longest Senate speech after more than 24 hours

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.

Share this article:
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter