Hillary Clinton said in an 2014 ABC interview, “You have no reason to remember, but we came out of the White House not only dead broke, but in debt,” Clinton said. “We had no money when we got there, and we struggled to piece together the resources for mortgages for houses, for Chelsea’s education. It was not easy. Bill has worked really hard. And it’s been amazing to me. He’s worked very hard.”
Yes, the Clinton’s have done vary well in the past 15 years since leaving the White house.
- In December 2000, the Clinton’s bought a house in Washington, D.C. for $1.995 million.
- By Feb. 5, 2001, Bill Clinton was commanding regular speaking fees of $125,000 or more.
- Hillary Clinton herself did quite well in 2001. The book publisher Simon and Schuster paid her $2.84 million in royalties.
- By 2004, Hillary Clinton was ranked the 10th-wealthiest member of the Senate, with a net worth between $10 million and $50 million.
The Rich Get Richer and the Poor Get Poorer
The Clinton Foundation (founded in 1997 as the William J. Clinton Foundation, and called beginning in 2013 the Bill, Hillary & Chelsea Clinton Foundation) is a nonprofit corporation established by former President of the United States Bill Clinton.
Through 2016 the foundation had raised an estimated $2 billion from U.S. corporations, foreign governments and corporations, political donors, and various other groups and individuals. During Hillary Clinton’s tenure as Secretary of State much of the money was being received by not only industrial, banking, and corporate interests but also by foreign governments who benefited by an open door of communication with the US Secretary of State.
Recent donors include the United Arab Emirates, Saudi Arabia, Oman, Australia, Germany and a Canadian government agency promoting the Keystone XL pipeline.
- United Arab Emirates gave between $1 million and $5 million in 2014.
- The German government contributed between $100,000 and $250,000.
- The Kingdom of Saudi Arabia, has given between $10 million and $25 million since the foundation was created in 1999.
- The Australian government has given between $5 million and $10 million.
- Qatar’s government committee preparing for the 2022 soccer World Cup gave between $250,000 and $500,000 in 2014. Qatar’s government had previously donated between $1 million and $5 million.
- Oman has given the foundation between $1 million and $5 million.
- Rilin Enterprises pledged $2 million in 2013 to the Clinton Foundation’s endowment. The company is a privately-held Chinese construction and trade conglomerate and run by billionaire Wang Wenliang, who is also a delegate to the Chinese parliament. Public records show the firm has spent $1.4 million since 2012, lobbying Congress and the State Department. The firm owns a strategic port along the border with North Korea and was also one of the contractors that built the Chinese embassy in Washington.