EXCLUSIVE: Chelsea Clinton pocketed $300K for attending just six meetings as a board member of IAC in 2018 - and now holds $6.3M worth of stock in the company run by family friend Barry Diller

  • Chelsea Clinton is a director on the board of two companies that are run by her parents' good friend Barry Diller - IAC and Expedia 
  • SEC filings obtained by DailyMail.com show she made $299,957 in stock and cash fees for her work as a director in the IAC board in 2018
  • She was required to attend just six meetings in her role at the company, where she has been on the board since 2011
  • SEC filings also show that she now holds over $6.3 million worth of stock in the company
  • Chelsea appears to have attended ever fewer meetings in her role as a director on the Expedia board, where her total compensation was  $302,880
  • She has over $400,000 worth of Expedia stock, bringing her to over $6.7 million in combined  stock from the two companies

Hillary Clinton may not have been able to shatter the glass ceiling for millions of girls around the country, but she has been very successful in helping her own daughter break the bank. 

Chelsea Clinton, 39, took home just over $600,000 last year for her work as director on the boards of IAC and Expedia, according to records obtained by DailyMail.com.

The IAC board met just six times in 2018, while some members of the Expedia board were only obligated to attend two meetings last year. 

Those two companies are both headed up by the family's good friend Barry Diller, the billionaire businessman and longtime partner of designer Diane von Furstenberg, who is often spotted attending Broadway shows with Chelsea and her parents.

These latest compensation packages also reveal that Chelsea will soon own just over $400,000 of Expedia stock and shares in IAC that add up to an astonishing $6.3 million, based on those companies trading prices when the market opened Friday.

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Stick with her: Chelsea Clinton is a director on the board of two companies that are run by her parents' good friend Barry Diller - IAC and Expedia (Chelsea with Diller in May 2018)

Stick with her: Chelsea Clinton is a director on the board of two companies that are run by her parents' good friend Barry Diller - IAC and Expedia (Chelsea with Diller in May 2018)

Good ROI: She was required to attend just six meetings in her role at IAC (compensation above), where she has been on the board since 2011

Good ROI: She was required to attend just six meetings in her role at IAC (compensation above), where she has been on the board since 2011

The 10-K that was filed this week by Expedia shows that Chelsea's total compensation package was $302,880 for the most recent fiscal year.

Her cash fees paid out for her role on the board totaled $52,953, while her stock award was $249,927 - the same as every other person on the board. 

Chelsea is by far the youngest member of the group, which includes producer Scott Rudin, 60, Uber CEO Dara Khosrowshahi and Diller's stepson Alexander von Furstenberg, both 49, and Courtnee Chun, who at 43 is the closest in age to Clinton.

Chun was named to the board however after serving as the Chief Financial Officer at New Global Telecom, Inc. and cutting her teeth in the mergers and acquisitions department at J.P. Morgan.

Young gun: The 10-K that was filed this week by Expedia shows that Chelsea's total compensation package was $302,880 for the most recent fiscal year (above)

Young gun: The 10-K that was filed this week by Expedia shows that Chelsea's total compensation package was $302,880 for the most recent fiscal year (above)

Chelsea's biography on the Expedia website largely touts her work with The Clinton Foundation, while also making mention of her brief stint as a special correspondent on NBC from November 2011 through August 2014.

She was making an annual salary of $600,000 for her brief appearances on the network in a deal that was ended soon after Deborah Turness arrived on the scene and took over as president at the network.

Chelsea was not a member of the Expedia board back then, but she was on the board at IAC.   

She has collected approximately $300,000 in cash and stock every years since she became a director. 

Chelsea was named to the board in September 2011, despite being just 31 at the time.

It has been by far her most profitable endeavor, with SEC filings obtained by DailyMail.com revealing that she holds $6,306,300 worth of stock in the company.

When combined with the $404,1257 worth of shares Chelsea has in Expedia, it brings her total to just over $6.7 million in stock from the two companies.

Chelsea and Marc at The Ferryman
Hillary with Barry and Annette

Outing: SEC filings obtained by DailyMail.com show she made $299,957 in stock and cash fees for her work as a director in the IAC board in 2018 (Chelsea and husband Marc on right attending The Ferryman on Broadway with Hillary, Diller and Annette da la Renta in January)

Diller has also been incredibly generous to Hillary, donating $413,248 to her Victory Fund back in 216 when she was running for president.

The two have only become close over the past decade, though it is still unclear how they came to be such good friends.

The billionaire businessman has developed a close bond with Chelsea as well, and in 2015 the former first daughter and her husband Marc Mezvinsky joined Diller and von Furstenberg on their sailboat Eos.

The group was seen boating down the Amalfi coast and snorkeling in Sardinia at the time.

Diller, who has always enjoyed the company of younger friends, was seen in private conversation with Chelsea during that snorkeling trip as the two chatted while treading water.

 

 

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