JUNE 15, 2007
Thanks in part to her husband’s $10 million speech income Hillary Clinton’s latest Congressional disclosure report illustrates an astonishing financial transformation since the couple left the White House in 2001 burdened with millions of dollars in legal fees.
The disclosures (posted on Judicial Watch’s website) reveal how the former president made more than $10 million last year delivering speeches worldwide at corporate retreats, trade group gatherings and motivational seminars.
In 2006, Bill received an average of about $180,000 a speech and he collected nearly half a million dollars for a single talk to a London financial forum in the latter part of the year.
The Clintons’ assets are worth up to $50 million and Hillary is one of the wealthiest members of Congress running for president although she lags behind Republican Mitt Romney, a former venture capitalist who is worth between $190 and $250 million.
More than $3 million of the Clintons’ earnings came from a company (InfoUSA) being federally investigated for selling databases of sick and unsuspecting elderly to scam artists. The company’s owner, a wealthy entrepreneur named Vinod Gupta, has donated millions to Bill and Hillary’s campaigns and last year paid the former president $3.3 million worth of “consulting contracts” as well as $900,000 in travel expenses.
The Clintons have certainly come a long way since Bill’s first White House run. The couple’s 1993 financial disclosure form reveals their estimated net worth at the time was between $633,015 and $1.62 million.
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