Chelsea Clinton reaps $9 million from corporate board position

Posted by freedomforall 2 weeks, 1 day ago to Politics
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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.

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  • Posted by $ 25n56il4 2 weeks, 1 day ago
    Doesn't it make your heart feel good? All these people benefitting so greatly from a family member participating in politics? When I served on my city's council I commented to a councilman from another city that I'd never been offered a bribe. He laughed and said, 'Hey, no one would dream of offering YOU a bribe!'
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  • Posted by term2 2 weeks ago
    Is this a surprise? The offspring of powerful and crooked democrats are hired in order to get on the good side of those crooked democrats. Look at Biden- the same thing. Its disgusting. I hope Biden goes to jail along with his son
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  • Posted by $ exceller 2 weeks, 1 day ago
    Yes, I just saw that in the news.

    The typical arrangement of a brat's position and financial "success" with influential parents. It is the norm not the exception. It can be expected that a Clinton "heir" will be on the top of the garbage hill along with all the others, the Bidens, the Kerrys etc.

    She had an executive position at the Clinton Foundation in her 20s, collecting a half a million dollar salary w/o any background a=or experience, see Hunter Biden.
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