With all the talk about Hunter Biden these days, one might get the impression that he is the only child of a politician to benefit from his parents position and the last name they inherited.
Before Hunter Biden, the son of former Vice President Joseph R. Biden, got his strange but lucrative deal to sit on the board of energy company Burisma Holdings in Ukraine to the tune of $50,000 a month, there was Chelsea Clinton, the only child of former President Bill Clinton and former Secretary of State Hillary Clinton. She was similarly rewarded with jobs and board positions that had absolutely no relationship with that young womans interests, life, education or any perceived expertise.
All of this has racked up to what the New York Post reported back in 2015 was an estimated net worth of $15 million for the then-34-year-old. More recently, Barrons, the finance newspaper, revealed that Chelsea Clinton has now reaped $9 million from a corporate board position. In 2011, while her mother was still secretary of state, she was appointed to IAC/Interactive, an Internet investment company. She receives an annual $50,000 retainer and $250,000 worth of restricted IAC stock units, according to Barrons.
Ironically, and something the Clintons would be loathed to admit, they like most other American families benefitted from President Donald Trumps leadership and correlating economic renaissance.
The Hill reported, IAC stock has risen 89%, 50% and 36% in 2017, 2018 and 2019, respectively, a far steeper rise in the broader stock market Consequently, Chelsea Clinton reported in December of last year her holdings ballooned to $8.95 million.
In 2017, Chelsea Clinton was also named to travel site Expedias Board of Directors. Because shes a
business genius? A travel genius? An investment prodigy? The Hill
Poster Comment:
The Clintons are racketeers and murderers. The pile of dead bodies they leave behind them in their unhindered quest for illegal riches should be enough to lock the three of them away for 50 years.
Incidentally, Chelsea is absolutely ghastly looking and watching her speak is like a Disney cartoon come to life. Her comments are always vacuously stupid.