You know why no one listens to Democrats anymore? Because you are all corrupt as hell.
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Born Right: Chelsea Clinton (Daughter of "Pay to Play" Hillary) Has Made $9M Sitting On Corporate Board and another $1.8M for doing nothing at NBC News
Chelsea Clinton has made $9 million in under nine years while serving on the board of an internet investment company, according to Barron's.
According to the report, Clinton receives an annual salary of $50,000 and $250 in restricted stock units from IAC/InterActiveCorp, which owns such brands as Vimeo, College Humor, OkCupid, Tinder, Angie's List and Home Advisor.
- Clinton, who has been an IAC director since 2011, receives an annual $50,000 retainer and $250,000 in restricted IAC stock units, or RSUs. As of Dec. 31, she owned the equivalent of 35,242 IAC shares, consisting of 29,843 shares and 5,399 share units under a deferred-compensation plan, according to a form she filed with the Securities and Exchange Commission. Share units convert to stock when an IAC director leaves the board.
- The value of Clinton’s stake has surged along with the stock. Her IAC shares were valued at $8.95 million as of Friday’s close at $253.91. That is up from $7.2 million in June, and up from $6.6 million in October 2018. - Barron's
Notably, Chelsea joined the board of IAC the same year she joined NBC News as a $600,000 per year 'special correspondent' doing virtually nothing, before switching to a month-to-month contract three years later.
While Chelsea ostensibly wasn't hired to protect a Ukrainian oligarch from prosecution, it's clear that those who are 'born right' receive dividends in spades. |
