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Board Seat Is Lucrative for Chelsea Clinton

She's earned $9M from the IAC investment firm since 2011
By Newser Editors,  Newser Staff
Posted Jan 6, 2020 11:00 AM CST
Updated Jan 11, 2020 7:00 AM CST
In this May 4, 2019, file photo, Chelsea Clinton speaks at the GLAAD Media Awards in New York.   (Photo by Evan Agostini/Invision/AP, File)

(Newser) – Chelsea Clinton is currently pushing a new book co-written with her famous mom, but even if sales fall short of what's expected, it seems the former first daughter will be just fine. Barron's reports that Chelsea Clinton has pulled in $9 million since 2011 as a board member for the investment firm IAC/InterActiveCorp. Clinton receives an annual retainer of $50,000, but it's the stock units she receives on top of the retainer that have led to the huge windfall. The company invests in multiple internet brands, including Vimeo and Tinder, per the Hill, and IAC's stock has been surging in the last few years. Clinton reported to the SEC last month that she now owns $8.95 million worth of the company's stock. (Read more Chelsea Clinton stories.)

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