"Hillary Clinton has earned at least $12 million in 16 months since leaving the State Department"Submitted by Ed Thinking on Mon, 07/21/2014 - 11:43
Hillary Clinton has earned at least $12 million in 16 months since leaving the State Department, a windfall at odds with her party’s call to shrink the gap between the rich and the poor.
Clinton’s income since her resignation as secretary of state in February 2013 is derived mostly from her latest memoir, speeches and paid appearances at corporate retreats, according to an analysis of data compiled by Bloomberg.
At least 12 organizations that previously booked President Bill Clinton -- who has been paid almost $106 million in speaking fees alone since he left the White House -- also hired his wife. Among them: Goldman Sachs Group Inc. (GS) and the National Association of Realtors.
With a prospective 2016 presidential candidacy in her future, she keeps tight control over her events. In one university contract, Clinton retained the right to approve her introducer, program, moderator and the set, and she limited to 50 the number of pictures taken on a rope line.
Her earnings represent a fraction of the Clinton family’s total income and yet were large enough to rank her not only in the top 1 percent of the nation’s earners but in the top one-hundredth of the 1 percent.