ByTobias Hoonhout January 7, 2020
Chelsea Clinton has made millions while serving on two boards overseen by billionaire Barry Diller, a longtime Clinton family ally who donated over $800,000 to Hillary Clinton’s 2016 campaign, according to a review of records.
Barron’s reported Sunday that Clinton has made more than $9 million from her shares of media-holding company IAC’s stock since 2011 due to surging evaluations. While finishing a doctorate at Oxford University, Clinton was appointed to the IAC board, on which Diller serves as Chairman and Senior Executive.
According to a SEC filing, Clinton was nominated for “her broad public policy experience and keen intellectual acumen, which together the Board believes continue to bring a fresh and youthful perspective to IAC’s businesses and initiatives.”
In 2017, Clinton was appointed to another board run by Diller, earning nearly $300,000 a year in retainer fees and stock vesting for serving on the board of travel-conglomerate Expedia Group.
Diller has a long history with the Clintons. According to campaign finance records, he first donated to Bill Clinton in 1991, and donated over $10,000 in the buildup to Hillary’s failed-2008 presidential campaign.
Diller ramped up support for Clinton in 2016, hosting a “Conversation and Dinner with Hillary Clinton” dinner with his wife Diane von Furstenberg at their Los Angeles home for $100,000 per couple. He also publicly sparred with Trump, calling him “evil..........To Read More...
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