2016 Postmortem
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Sep 29, 2015 @ 08:30 AM 423,850 views
The Mystery Of Hillary's Missing Millions
Dan Alexander
Forbes Staff
This story appears in the October 19, 2015 issue of Forbes. Subscribe
Democratic presidential candidate Hillary Rodham Clinton. (AP Photo/Charlie Neibergall)
Since Bill and Hillary Clinton left the White House in 2001, they have earned more than $230 million. But in federal filings the Clintons claim they are worth somewhere between $11 million and $53 million. After layering years of disclosures on top of annual tax returns, Forbes estimates their combined net worth at $45 million. Where did all of the money go? No one seems to know, and the Clintons arent offering any answers.
From 2001 to 2014 the power couple spent $95 million on taxes. Hillarys 2008 presidential run cost her $13 million. Their two homes cost a combined $5 million, and the Clintons have given away $22 million to charity. All of this is according to FEC filings, property records and years of tax returns. Add it up and you get $135 million. If the Clintons made $230 million, spent $135 million and have just $45 million left over, what happened to the other $50 million?
Thats kind of strange, says Joe Bidens accountant, Walter Deyhle. You have to report all of your assets. You have to report assets that are owned by your spouse.
It seems unlikely that the Clintons could have spent all of it. Over 14 years $50 million averages out to $3.6 million in extra expenses per year, or $9,800 per day.
WHERE COULD THAT much money have disappeared? The Clintons have been speaking around the world for years, and they count millions in travel expenses under their businesses. It is unclear whether they have paid for additional travel expenses out of their own pockets. It seems unlikely, but they could have given it away overseas: Donations to foreign charities are not deductible and would not be listed on tax returns. Billionaires like Prince Alwaleed Bin Talal of Saudi Arabia, Lakshmi Mittal of India and Joseph Safra of Brazil have donated to their foundation. Maybe the Clintons are returning the favor?...
http://www.forbes.com/sites/danalexander/2015/09/29/the-mystery-of-hillarys-missing-millions/#12f016405505
AzDar
(14,023 posts)840high
(17,196 posts)I can guess where the millions are.
Armstead
(47,803 posts)PufPuf23
(8,836 posts)are owned by your spouse.
That is strange. Where did $50 million go?
NWCorona
(8,541 posts)If either candidate has ever had any funds stashed in Panama.
FourScore
(9,704 posts)This needs to be asked about. The GOP are going to make mincemeat out of her!!