Bill and Hillary Clinton Are Out of Debt and Worth Millions

Earnings Derived Mostly from Speeches, Bill and Hillary Clinton Now Own Millions

By Kareyth Patrick, published Jun 16, 2007
Published Content: 98  Total Views: 17,628  Favorited By: 20 CPs
Rating: 3.6 of 5
When Bill Clinton left office with Hillary Clinton, together they owed millions of dollars in legal costs accrued fighting scandals that dotted the landscape of their White House years, as the Telegraph reports. With earnings based mostly on speaking engagements for which Bill is abundantly popular, Bill and Hillary Clinton now have a healthy fortune of many millions of dollars.

The Washington Post reports that when Clinton left office, he and Hillary were in debt more than $10 million dollars, though Reuters specifies $5.5 million with $1.5 million in assets. Both Bill and Hillary wrote best selling books to begin to reduce their debt.

The Telegraph reports that the Clintons chose to make a financial disclosure on Capitol Hill filed by Hillary Clinton to stave off any embarrassing or scandalizing disclosures at a later time while she campaigns for the Democratic Presidential nomination.

The Senate financial disclosure form, which was filed in May and made public this week, as reported in Reuters, shows that Bill Clinton earned more than $10 million in 2006 from speaking engagements. The lowest amount Bill Clinton earned from a single lecture engagement was $75,000. The Telegraph amplifies this by reporting that Clinton very often earned $150,000 per engagement.

Clinton's highest paid lecture was for $350,000, according to the Post, and $450,000, according to both Reuters and the Telegraph. The highest paying speech was delivered at a Fortune Forum event in London. His second highest earning, according to the Telegraph, was for two speeches delivered on one day in Finland and then Glasgow. Both of these events occurred in 2006, the former in September and the latter in May. The Telegraph adds that guests in Glasgow heard a 90 minute lecture covering his time in office, the need to end poverty, and the environment. Each guest paid about $1,000 for admittance.

Bill and Hillary Clinton Are Out of Debt and Worth Millions

Money Money Money Some got it, some don't.

Credit: Paul Paladin

Copyright: Paul Paladin

Takeaways
  • Hillary and Bill Clinton make voluntary disclosure of finances.
  • A blind trust fund grew to around $25 million dollars.
  • Hillary Clinton is eliminating liabilities to her bid for President.
Comments
Showing Comments 1 - 7 of 7
 
 
Hillary's campaign shows what a tough nut she is. If she can run the country as good as she weathers this campaign, we'll be in 100% a better place. Obama's sins are now coming out because the GOP was hoping he'd make the final and then they could rip the lid off and stun voters and get them to shrug and vote for MCCain.

Posted on 04/23/2008 at 5:04:04 AM

 
Great article. You will find most pres. who go on to be speakers make big money.

Posted on 03/24/2008 at 4:03:12 PM

 
Thanks Jason. Nice to see you here.

Posted on 06/18/2007 at 8:06:00 AM

 
Great article. Very interesting to hear about these speaking gigs. Great reporting!

Posted on 06/17/2007 at 9:06:00 PM

 
Thank you both. yeah, that is a lot of money for speaking...! How do I join???

Posted on 06/16/2007 at 9:06:00 PM

 
Very interesting. I'm not a fan of the Clintons, so I don't see why anyone wants to hear either one of them. But for those who like them I guess it's worth it.

Posted on 06/16/2007 at 9:06:00 PM

 
Interesting, good article. Congrats on being featured on the news page!

Posted on 06/16/2007 at 1:06:00 PM

Type in Your Comments Below - (1000 characters left)
Your name:

Submit your own content on this or any topic. Get started »
Showing Comments 1 - 7 of 7
 
Most Commented On