Bill and Hillary Clinton weren't 'dead broke' for very long at all after leaving the White House, it was revealed Thursday.
The Washington power couple has made more than $155 million since 2001,
according to financial disclosure statements, making them richest,
living first family in America.
In an interview with ABC's Diane Sawyer that aired on Monday night, Hillary Clinton said that she and her
husband were charging $200,000 on average for speeches because they were seeped in debt when they came out of the White House.
'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, you know,
piece together the resources for mortgages, for houses, for Chelsea's
education.'
'You know, it was not easy.'
Hillary
was swiftly attacked as 'out of touch' after the comment, and on
Tuesday morning she explained that she and Bill had racked up 'something like $12 million' in legal fees by the end of Bill's presidency.
'Bill and I were obviously blessed. We
worked hard for everything we got in our lives and we have continued to
work hard. And we've been blessed in the last 14 years,' Clinton told Good Morning America host Robin Roberts.
The
financial 'struggles' the Clintons faced at the end of Bill's second term more than a decade ago are
but a distant memory, however.
In the first year Bill was out of office, the Clinton's made $12.3 million.
In
2004 Bill locked down an unheard of $15 million advance for his
autobiography My Life, and, as of last year, he had made $106 million
off of speeches.
His net worth as of last February was $55 million, and he has
continued to make money off of speeches since.
Hillary
Clinton has made roughly $5 million in speeches since leaving the State
Department last year, and she had made more than $16 million in
advances for her two memoirs, In Living History, 2003, and Hard Choices,
2014.
She also earned approximately $2 million during her second career, first as United States Senator and later Secretary of State.
Bill has also accrued $2.6 million of his White House pension.
Together, the couple has a net worth of $100 million or more.
All former presidents receive an annual pension based on how much they were paid while in office.
No other modern president has made quite the killing that Bill has off of speeches and books, however.
Likewise, George W. Bush's estimated net worth is less than half of Bill Clinton's. In 2012 he was valued at $20 million after having made $7 million off his 2010 book Decision Points and $15 million in speeches.
His
father, former president George H.W. Bush has a net worth of $23
million, but much of that comes from the value of his home and a 100+
acre estate he owns in Maine. In his hey day, H.W. Bush would charge anywhere from $60,000 - $80,000.
In 1993 H.W. charged a record-breaking $100,00 for a speech.
President
Barack Obama has the lowest net worth of all the living presidents,
coming in at $5 million. Most of that money can be attributed to the
royalties he received on the two books he wrote before becoming
president, the 1995 hit Dreams from May Father and his 2006 book The
Audacity of Hope.
In terms of the richest presidents ever, Bill Clinton ranks in the top 10.
No comments:
Post a Comment