Politics

Clinton Privilege: Chelsea Clinton Makes Millionaire Status, How She “Achieved” The Honor? By Doing Absolutely Nothing

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Opinion| It seems that Hillary Clinton was able to help her daughter rake in some serious cash, while she was unable to “shatter the glass ceiling for millions of girls around the country,” as the Daily Mail UK reports.

The Daily Mail explains:

Chelsea Clinton, 39, took home just over $600,000 last year for her work as director on the boards of IAC and Expedia, according to records obtained by DailyMail.com.

The IAC board met just six times in 2018, while some members of the Expedia board were only obligated to attend two meetings last year.

Those two companies are both headed up by the family’s good friend Barry Diller, the billionaire businessman and longtime partner of designer Diane von Furstenberg, who is often spotted attending Broadway shows with Chelsea and her parents.Advertisements

These latest compensation packages also reveal that Chelsea will soon own just over $400,000 of Expedia stock and shares in IAC that add up to an astonishing $6.3 million, based on those companies trading prices when the market opened Friday.

Expedia’s 10-K filed this week shows that Bill and Hillary Clinton’s daughter took home a compensation package of $302,880 for the past fiscal year.

Chelsea’s cash fees for her position on the board came out to $52,953, and her stock award equaled $249,927… which is the same amount as everyone else on the board.

Its important to note that the 39-year-old Clinton is the youngest board member by a landslide, joined by 60-year-old producer Scott Rudin, Uber CEO Dara Khosrowshahi and Diller’s stepson Alexander von Furstenberg, who are both 49 years old, and Courtnee Chun, who is the closest to Clinton in age at 43 years old.

“Chun was named to the board however after serving as the Chief Financial Officer at New Global Telecom, Inc. and cutting her teeth in the mergers and acquisitions department at J.P. Morgan,” reports the Daily Mail. The news outlet explains, “Chelsea’s biography on the Expedia website largely touts her work with The Clinton Foundation, while also making mention of her brief stint as a special correspondent on NBC from November 2011 through August 2014. She was making an annual salary of $600,000 for her brief appearances on the network in a deal that was ended soon after Deborah Turness arrived on the scene and took over as president at the network. Chelsea was not a member of the Expedia board back then, but she was on the board at IAC.”

Chelsea has also taken in roughly $300,000 in cash and stock annually since becoming a director.

She was appointed to the board in September of 2011, when she was just 31 years old.

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