Thanks to legislation that ensures
that key public figures in Washington declare their financial assets and the
Open Secrets website that ensures that these declarations remain in the public
eye, we have a good idea of what former President Clinton and his wife Hillary, the
former Secretary of State were worth in 2012.
While Ms. Clinton maintains publicly
that they were worth nothing when they entered the White House in 1992 and
worth little more when they left the White House in 2000, the same cannot be
said for 2012. At that time, they had the following assets:
1.) My Life book worth
between $50,001 and $100,000
2.) Back to Work worth
between $100,001 and $1,000,000
3.) JP Morgan Custody Account (cash)
worth between $5,000,0001 and $25,000,000
4.) Three life insurance policies with a
total value of between $130,003 and $350,000
According to the mainstream media, President Clinton received a
$15 million advance for his autobiography, My Life. On top of this, it
appears that Hillary Clinton received a $14 million advance from Simon &
Schuster for her recently released book, Hard Choices.
Here is a screen capture showing the
value of their assets:
The Clintons also disposed of their
holdings in three Dreyfus bond funds that were inherited, worth between $15,001
and $50,000 each. As well, they have United States Treasury notes worth
between $50,001 and $100,000 as shown here:
Now, let's look at their income
stream. The Clinton's most significant income came from President
Clinton's honorariums for speaking at the following events in 2012:
National Retail Federation -
$200,000
White and Case LLP - $200,000
Washington Hospital Center -
$225,000
Leaders and Company - $700,000
KMPG International Cooperative -
$200,000
UBS Wealth Management - $175,000
Bushnell Center - $180,000
St. Johns County Cultural Event
Division - $175,000
Broward Center for the Performing
Arts - $165,000
David A Straz Jr. Center for the
Performing Arts - $165,000
M. Shanken Communications Inc. -
$150,000
Pharmaceutical Care Management
Association - $200,000
FOSUN - $200,000
UBS Wealth Management - $175,000
Craig Michaels, Inc. - $150,000
Fiserv Solutions, Inc. - $200,000
PriceWaterhouseCoopers LLP -
$200,000
Hull International Business School -
$150,000
Association for Advanced Life
Underwriting - $200,000
Bay Area Council - $200,000
National Restaurant Association -
$200,000
Mexican Insurance Association -
$300,000
Terra Partners - $350,000
CTIA - The Wireless Association -
$200,000
PriceWaterhouseCoopers - $200,000
Center for Global Dialogue and
Cooperation - $500,000
IMD and Swiss Marketing - $200,000
World Management Limited - $165,500
Malmo Borsaiskap - $425,000
Ceska Energie A.S. - $400,000
Pershing LLC - $250,000
Edison Electric Institute - $200,000
Telstra - $150,000
BHP Billiton - $175,000
YPY Holdings Limited - $450,000
GTCR - $200,000
Global Business Travel Association -
$250,000
CSP LLC - $250,000
Funadcao Brasiliera de Contabilidade
- $450,000
Banco Itau BBA S.A. - $400,000
The Five Star Institute - $200,000
Solar Energy Trade Shows LLC -
$200,000
C3 Summit LLC - $200,000
TECHNOGYM SpA - $500,000
Cambridge Speakers Series
(Philadelphia) - $150,000
Cambridge Speakers Series (Boston) -
$150,000
Cambridge Speakers Series
(Pittsburgh) - $150,000
The Vanguard Group, Inc. - $200,000
Nat'l Ass'n of Hispanic
Real Estate Prof'nals - $200,000
Deutsche Bank - $200,000
The Vanguard Group, Inc - $200,000
Cambridge Speakers Series
(Baltimore) - $150,000
JP Morgan - $200,000
UBS Wealth Management - $175,000
Nuance Communications - $150,000
Mortgage Bankers Association of
America - $200,000
The Goldman Sachs Group - $200,000
Pension Real Estate Association -
$240,000
Oracle Corporation - $200,000
Bank of America - $200,000
World Management Limited - $200,000
Bond van Adverteerders - $150,000
New Albany Community Foundation -
$200,000
American Society of Health System
Pharmacists - $225,000
Let's Talk Entertainment, Inc. -
$200,000
Society of Orators, LLC - $175,000
Foothill College Celebrity Forum Day
1 - $175,000
Foothill College Celebrity Forum Day
2 - $175,000
Foothill College Celebrity Forum Day
3 - $175,000
Dell Computer - $300,000
Wind on the Wires - $175,000
CoBank - $200,000
Samsung Electronics - $450,000
By my reckoning, that's a total of
just under $15.9 million for 73 appearances over the full year 2012. That
works out to an average of $217,700 for each appearance. On his junket to
Europe between May 18, 2012 and May 24, 2012, the former President gave five
speeches and raked in a substantial $1.7 million.
It is also interesting to note that
the Clintons have an outstanding 30 year mortgage for between $1,000,001 and
$5,000,000 at 5.375% on their personal residence.
Again, according to Ms. Clinton's
tax releases for 2000 to 2006, over that time frame, the Clintons made $109.2
million in income and paid $33,783,507 in taxes and donated $10,256,741 to
their family foundation. Over the seven year period, President Clinton's
Presidential Pension paid him $1,217,250, he made $29,580,525 from book sales
and an additional $51,855,599 from public speaking. Interestingly, in
2007, You can find the returns here. Just for fun, here is page one
from their joint 1040 showing their income stream for the tax years from 2000
to 2006:
While Ms. Clinton maintains that
they know poverty, their tax returns show that they left poverty behind very
quickly after exiting the White House. Being firmly in the top 0.1 percent tends to make one forget certain things about their past...unless, of course, you happen to be a Democratic candidate for President.
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