Bill Clinton Rakes In $10.2 Million For Speeches
Former President Bill Clinton upped his speechmaking money in 2006, garnering some $10.2 million in payments, compared with about $7.5 million the year before, federal records show.
The Clintons, the former president and his senator wife, had a much more pedestrian income when he ran for president in 1992. If Senator Clinton's 2008 presidential bid is successful, they will enter the White House a very rich couple.
Six years out of power, Bill Clinton can still raise huge sums with a personal appearance. He made a staggering $450,000 for a single September speech in London, at a Fortune Forum event, as well as $200,000 for an April appearance in the Bahamas to speak to IBM, and another $200,000 for a New York speech to General Motors. He was paid $100,000 to address, via a satellite hookup from New York, the 13th annual CLSA Investors' Forum in Japan. It involved 1,200 institutional investors from 30 countries representing US$10 trillion in funds under management to meet with 550 senior executives from 200 of Asia's leading companies. Clinton opened Asia's biggest annual conference from his home in New York on the fifth anniversary of 9/11.
The former president's earnings must be reported as the spouse of a senator. Disclosure rules do not require him to reveal everything. He received an advance from Random House for an unpublished manuscript, but is only required to say that it was greater than $1,000. He also did not have to say how much he earns as a partner with Yucaipa Global Opportunities Fund, a Los Angeles-based investment firm.
The Clintons, the former president and his senator wife, had a much more pedestrian income when he ran for president in 1992. If Senator Clinton's 2008 presidential bid is successful, they will enter the White House a very rich couple.
Six years out of power, Bill Clinton can still raise huge sums with a personal appearance. He made a staggering $450,000 for a single September speech in London, at a Fortune Forum event, as well as $200,000 for an April appearance in the Bahamas to speak to IBM, and another $200,000 for a New York speech to General Motors. He was paid $100,000 to address, via a satellite hookup from New York, the 13th annual CLSA Investors' Forum in Japan. It involved 1,200 institutional investors from 30 countries representing US$10 trillion in funds under management to meet with 550 senior executives from 200 of Asia's leading companies. Clinton opened Asia's biggest annual conference from his home in New York on the fifth anniversary of 9/11.
The former president's earnings must be reported as the spouse of a senator. Disclosure rules do not require him to reveal everything. He received an advance from Random House for an unpublished manuscript, but is only required to say that it was greater than $1,000. He also did not have to say how much he earns as a partner with Yucaipa Global Opportunities Fund, a Los Angeles-based investment firm.
Labels: Bill Clinton, Hillary Clinton
posted by Mike McCarville @ 1:43 AM
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