Chelsea Clinton, Bill Clinton and Hillary Clinton

Forbes magazine has done a piece on the finances of former U.S. President, Bill Clinton and his wife, current presidential candidate, Hillary Clinton. Forbes estimates the Clintons earned more than $230,000,000 since departing the White House in 2001. These figures were complied using tax records, advisory fees and salaries derived from speaking engagements in America and around the world.

However, Forbes now states, “If the Clintons made $230 million, spent $135 million and have just $45 million left over, what happened to the other $50 million?” The top accountants queried for the article were baffled. Either the Clintons’ gave their daughter Chelsea the money, to avoid a bigger tax payment when Bill dies or the couple is hiding money (though Bill does have a lot of side chicks - this could be where the money went - I‘m kidding).

Side Bar: an investigative piece years ago revealed the fact the Clintons have offshore accounts in the Cayman Islands.

STORY SOURCE

The Mystery Of Hillary's Missing Millions

Sep 29, 2015 @ 08:30 AM - 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 aren’t offering any answers.

From 2001 to 2014 the power couple spent $95 million on taxes. Hillary’s 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?

“That’s kind of strange,” says Joe Biden’s 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...

http://www.forbes.com