Even though some people consider Bill Clinton to be a tarnished president because of his relationship with Monica Lewinsky, the guy has built a name for himself in the world of business and politics. Following the inauguration of a new president of the United States, it is always entertaining to take a look back at predecessors from the past. In accordance with the White House, Bill Clinton attended Yale University and assumed the presidency at the conclusion of the Cold War. He was also the first president from the baby-boomer generation, having been born in Arkansas.
The president of the United States now receives a salary of $400,000 per year, which does not include a $50,000 expense account for travel and other expenses (via The Balance). Former presidents, among other advantages, are entitled to a pension upon leaving their positions in the public sector. According to the National Taxpayers Union Foundation, the president will earn approximately $20,000 dollars each year as a result of the pension scheme. So, what is Clinton’s current market value?
Early Life
He was a traveling salesman who died in an automobile accident just three months before Bill Clinton was born. Virginia Dell Blythe, his widow, married Roger Clinton, and their son ultimately acquired his stepfather’s surname despite the instability of their marriage (they split and subsequently remarried). His political aspirations, which he attributes in part to his maternal grandmother, were reinforced in July 1963, when Clinton met and shook hands with President John F. Kennedy.
At Georgetown in D.C. Clinton began his studies in 1964 and finished in 1968 with an international studies degree. The Arkansas Democrat senator who led the Senate Committee on Foreign Relations, J. William Fulbright, hired him as an intern throughout his junior and senior years of college. He served as president of the student body during his freshman and sophomore years. Although many young men of Clinton’s generation were anti-Vietnam, Fulbright was a vociferous critic of the conflict. In 1968, he was a Rhodes Scholar at the University of Oxford and gained a deferral from the draught for the first year of his studies.
He then applied to the Reserve Officers’ Training Corps (ROTC) program at the University of Arkansas School of Law to prolong the deferment. Even though he quickly changed his mind and returned to Oxford, he was not selected for the draught. “Saved” him from being called up for military service, Clinton wrote in a letter to Arkansas ROTC’s director while at Oxford. He expressed fear that opposing the war may harm Clinton’s political viability in the future. Aside from the fact that he dabbled with marijuana at this time, Clinton would subsequently say that he “didn’t inhale.”
From Yale University’s law school, Clinton went on to teach at Arkansas’ university law school until 1976, when he left to become the first president of the United States. When he sought a seat in the US House of Representatives in 1974, he lost. He married Hillary Rodham (Hillary Clinton), a Yale Law graduate, in 1975, and she became an active participant in his political career. As Arkansas’ attorney general the next year, he went on to win the governorship in 1978, becoming the state’s youngest governor in more than a decade.
What Is Bill Clinton’s Net Worth?
According to Go Banking Rates, Bill Clinton is projected to have a net worth of $80 million. Together with his wife, Hillary Clinton, the Clintons are estimated to be worth roughly $120 million. Clinton was millions of dollars in debt when he departed the White House in 2001, owing to legal bills incurred as a result of his impeachment defense and settlements related to sexual assault.
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His revenues came through public appearances and book sales, with the rights to his memoir fetching him a whopping $15 million for the rights. Since leaving government, he has established himself as a well-paid public speaker, earning between $150,000 and $700,000 each speech, according to Forbes.
Does Bill Clinton Have Children?
Chelsea Victoria Clinton is the daughter of former President Bill Clinton and former Secretary of State Hillary Clinton. Her birthday is February 27th, 1980, and she was born in Little Rock, Arkansas. She is a writer from the United States who is also an advocate for global health. She worked as a special reporter for NBC News in 2011 and is currently a senior advisor to the Clinton Foundation and the Clinton Global Initiative, where she plays an important role.
Why Was Bill Clinton Impeached?
While Clinton was governor of Arkansas, Jones filed a lawsuit against him for sexual harassment. The case was settled out of court. In the course of the Paula Jones trial, Clinton was questioned about his relationship with former White House intern Monica Lewinsky, a claim that was later shown to be a fabrication.
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Clinton was impeached after hours and hours of discussion over allegations that she lied under oath to a federal grand jury and obstructed justice. Eventually, the lawsuit was resolved in November 1998, with Clinton agreeing to pay Jones $850,000 in exchange for the accusations against him being dismissed. Hillary Rodham Clinton remained in office until January 2001, when his second term as president came to a close.
Clinton Is Worth a Pretty Penny
Bill Clinton is ranked ninth on the list of the wealthiest presidents of all time, according to VOA News. The former governor of Arkansas is estimated to be worth a whopping $75.9 million, with the majority of his fortune amassed after leaving office. During his time in office, which spanned from 1993 to 2001, he concentrated on his presidential responsibilities and established several long-lasting relationships. According to the publication, his book, My Life, was the big moneymaker for him between 2001 and 2015. He earned $38 million from it between 2001 and 2015. (via Forbes).
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Hillary Clinton also contributes to the increase in the net worth of her husband. As a former secretary of state, Clinton received a $14 million advance for her own book, Hard Choices, which was published in 2014. When it comes to paid speeches, whether for a university or a Fortune 500 firm, the pair has easily made millions of dollars. In spite of the fact that the former president admitted to MSNBC in 2018 that he had departed the White House with a $16 million debt due to legal bills, he appears to be laughing all the way to the bank right now.
Bill Clinton’s Good Deeds
While Forbes reports that the Clintons have amassed over $240 million in wealth over the previous 15 years, former President Bill Clinton has also made significant contributions to the country. Despite the fact that it has been 15 years since Clinton stepped out of the West Wing for the final time, he continues to command a significant presence on the international scene.
Bill Clinton has been very active in his charitable initiatives, which include the Clinton Foundation, which he formed in 1997 and is the largest private foundation in the world. The foundation works on a variety of issues, ranging from climate change to AIDS. The website informs visitors that they think that everyone has the right to a better life and that they have been striving to achieve this goal for more than two decades, according to their slogan. The foundation “collaborates with key partners to design and implement initiatives that increase economic opportunity, promote public health, and inspire civic involvement and service,” according to its mission statement.
According to Forbes, Bill Clinton’s net fortune is derived primarily from speaking engagements, with the remainder coming from writing, consulting, and advising billionaires following closely behind (Ron Burkle). There appears to be no intention of slowing down anytime soon, and the 42nd president has his sights set on the future, wondering what else he might contribute to the table.
