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
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.
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Bill and Hillary Clinton Are Out of Debt and Worth Millions
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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.
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