Chelsea Clinton has reaped a healthy sum from her position on the board of an internet investment company in the last decade, Barron’s reports. Since 2011, Clinton has made a reported $9 million serving on the board of IAC (InterActiveCorp), which has ownership stakes in a plethora of high-value internet brands, like the video sharing platform Vimeo, dating app Tinder, real estate site HomeAdvisor, and more than a hundred more. This remarkable financial journey highlights not only her capability to thrive in a corporate environment but also the lucrative opportunities available in the tech industry.
After joining IAC's board in 2011, Clinton's compensation includes a retainer of $50,000 per year along with an additional $250,000 worth of IAC stock. As per a recent SEC filing at the end of 2019, she reported the current value of that stock at approximately $8.95 million. This figure demonstrates how well the company has performed on the stock market in recent years. Notably, 2017 was a standout year for IAC, with an impressive 89 percent increase in stock value.
In addition to her role at IAC, Chelsea Clinton joined the board of Expedia Group in March of 2017, where her position is reportedly valued at $250,000 annually. Both IAC and Expedia Group are led by Barry Diller, a long-time friend of the Clinton family, which adds another layer of interest to her engagements. Beyond these board positions, Clinton has also worked as a special correspondent for NBC News, where she earned around $600,000 per year during 2013 and 2014. Furthermore, she has authored several children's books and collaborated on a book with her mother, Hillary Clinton, showcasing her diverse talents and interests.
Table of Contents
- Biography of Chelsea Clinton
- Chelsea Clinton's Financial Journey
- Board Positions and Earnings
- Other Ventures and Achievements
- Personal Life
- Final Thoughts
Biography of Chelsea Clinton
Chelsea Clinton, born on February 27, 1980, is the only child of former U.S. President Bill Clinton and former Secretary of State Hillary Clinton. Raised in a politically active family, she has been in the public eye since her childhood. Chelsea pursued her education at Stanford University and later earned her master's degree from Oxford University and a doctorate from Columbia University. Her academic background and upbringing have played a significant role in shaping her career.
| Detail | Information |
|---|---|
| Full Name | Chelsea Victoria Clinton |
| Date of Birth | February 27, 1980 |
| Education | Stanford University, Oxford University, Columbia University |
| Parents | Bill Clinton, Hillary Clinton |
Chelsea Clinton's Financial Journey
Chelsea Clinton has made significant strides in her career, particularly with her board positions at IAC and Expedia Group. Since her role at IAC began in 2011, she has earned a total of $9 million, showcasing her ability to capitalize on opportunities within the tech industry. Her earnings reflect both her expertise and the growing value of internet brands in today's economy.
The financial landscape for board members like Clinton is often lucrative, with various compensation packages that include retainers and stock options. This kind of financial security allows individuals to thrive while contributing their skills to high-value companies. As the stock market has seen considerable growth, so too have the fortunes of those involved with these firms.
Board Positions and Earnings
In her role as a board member at IAC, Clinton receives a retainer of $50,000 annually along with $250,000 worth of stock. The value of her stock holdings has increased markedly, reaching nearly $8.95 million as of 2019. This significant appreciation illustrates the potential rewards of investing time and expertise in successful companies.
Clinton's addition to the board of Expedia Group further underscores her influence in the business world. With an annual compensation of $250,000 for her role there, she has established herself as a respected figure in the corporate sector. The leadership of both IAC and Expedia Group by Barry Diller, a close friend of the Clinton family, adds an intriguing layer to her involvement.
Other Ventures and Achievements
Beyond the boardroom, Chelsea Clinton has diversified her career through various other ventures. Her work as a special correspondent for NBC News not only showcases her media skills but also contributes to her financial portfolio. Earning approximately $600,000 per year during her tenure, she further reinforced her position as a public figure.
Additionally, Chelsea has authored multiple children's books and has collaborated with her mother on a book that addresses important societal issues. These endeavors not only contribute to her income but also allow her to engage with younger audiences, promoting literacy and education.
Personal Life
Chelsea Clinton is married to Marc Mezvinsky, an investment banker, and they have three children together. The couple is known for being private yet supportive of each other's careers. Chelsea's family life reflects her values of education and community involvement, often seen participating in initiatives that promote social causes.
Final Thoughts
Chelsea Clinton's financial journey is an inspiring example of how one can blend personal interests with professional opportunities. Her roles at IAC and Expedia Group demonstrate the potential for significant earnings in the tech and media industries. As she continues to build her career, Chelsea remains a prominent figure, showcasing the impact of her family's legacy while forging her own path.
