Friday, May 22, 2015

Bill and Hillary Clinton's Million Dollar Day

     Disclosure forms filed last week with the Federal Election Commission by Hillary Clinton provide fascinating details of the remarkable money-making machine that is the once-and-possibly-future First Couple. Between January 2014 and the filing of the forms on May 15, 2015 (up to and including a speech by Bill Clinton to the American Institute of Architects the day before the filing), the Clintons made about $30 million, approximately $25 million from speeches alone.
     Both of the Clintons have given speeches regularly in the 16-month period covered in the filing with rarely more than a few weeks off in between engagements. Often events are crowded together during a period of several days, sometimes with more than one speech on the same day. On a single day last October, Bill and Hillary delivered a total of four speeches, taking home over $1 million. Those four speeches fell in the middle of a three-day blitz that brought in a total of $1,511,000. (Mrs. Clinton edged out her husband $786,000 to $725,000.)

Hillary Clinton

Bill Clinton

     Now that Hillary Clinton is a declared candidate, she has stopped giving paid speeches. The former president, however, shows no signs of slowing down. Less than two weeks before his wife announced her candidacy, Bill Clinton was paid $765,000 over a two-day period for three speeches:

     Although the audiences for the Clintons vary widely, the actual content and duration of the speeches is not always revealed. However, a YouTube video of Bill Clinton's recent speech to the American Institute of Architects, apparently recorded by an attendee, shows that the $250,000 fee paid to Mr. Clinton purchased the group a 23 minute speech, an hourly rate of about $652,000.

Note: A version of this post first appeared at The Weekly Standard.

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