Hillary Clinton Net Worth 2022 (Forbes) – Salary, Income, Earnings

Hillary Clinton Net Worth

Hillary Clinton has an estimated net worth of $120 million. When Hillary Clinton was elected to the U.S. Senate in 2001, she became the first American first lady to win a public office seat. In 2016, she became the first woman in U.S. history to become the presidential nominee of a major political party. 

During the Democratic primaries in 2008, Hillary conceded the nomination after it became clear that Barack Obama had a majority of delegate votes. Obama appointed Clinton as Secretary of State after winning the presidential election. In January 2009, she was sworn in as a member of his cabinet and served until 2013. 

When Bill Clinton stepped down from the presidency, the Clintons were millions of dollars in debt because of Bill’s expensive legal fees and settlement payments for sexual harassment. However, in the following decades, Bill and Hillary have earned more than $250 million from book advances/royalties, speaking engagements, consulting services, and investments. 

When he was Attorney General and Governor of Arkansas, Bill Clinton never earned more than $35,000 per year. Hillary was the breadwinner at the time, earning around $110,000 in base salary as a partner at a Little Rock law firm. Prior to entering the White House, she earned around $180,000 a year from corporate board fees in the late 1980s and early 1990s.

In 1996, their income jumped to $1 million after Hillary’s book “It Takes A Village” was released. Her best-selling books “Living History” (2003), “Hard Choices” (2014), and “What Happened” (2017) would later earn her tens of millions in royalties and advances.

To calculate the net worth of Hillary Clinton, subtract all her liabilities from her total assets. Investments, savings, cash deposits, and any equity she has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of her net worth:

Name: Hillary Clinton
Net Worth: $120 Million
Monthly Salary: $200 Thousand
Annual Income: $10 Million
Source of Wealth: Lawyer, Politician, Spokesperson, Diplomat, Author

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Early Life

Hillary was born Hillary Diane Rodham on October 26, 1947, in Chicago, Illinois. She grew up in Park Ridge, Illinois, a picturesque suburb 15 miles northwest of downtown Chicago.

Hillary was the eldest daughter of Hugh Rodham, a wealthy fabric store owner, and Dorothy Emma Howell Rodham; she has two younger brothers, Hugh Jr. (born 1950) and Anthony (born 1954).

As a young woman, Hillary became involved in young Republican groups and campaigned for Republican presidential candidate Barry Goldwater in 1964. After hearing a speech by the Reverend Martin Luther King Jr. in Chicago, she was inspired to become involved in public service and became a Democrat in 1968.

Education and Early Career

Hillary attended Wellesley College, where she was active in student politics and was elected president of the graduating class before graduating in 1969. She then attended Yale Law School, where she met Bill Clinton. After graduating with honors in 1973, she enrolled at the Yale Child Study Center, where she took courses on children and medicine and completed a postgraduate year.

During her studies, Hillary worked various summer jobs. In 1971, she came to Washington, D.C., for the first time to work on U.S. Senator Walter Mondale’s subcommittee on migrant workers. In the summer of 1972, she worked in the western states for the campaign of Democratic presidential candidate George McGovern.

In the spring of 1974, Hillary became a member of the Presidential Impeachment Inquiry Committee and advised the House Judiciary Committee during the Watergate scandal.

After President Richard M. Nixon’s resignation in August, she joined the faculty of the College of Arkansas Law School in Fayetteville, where her fellow Yale student and friend Bill also taught.

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Marriage to Bill Clinton

Hillary married Bill in their Fayetteville home on October 11, 1975. Bill had secretly purchased a small house that she had mentioned she liked before he proposed marriage. He revealed that they owned the house when he proposed to her and she accepted. Chelsea Victoria, their daughter, was born on February 27, 1980.

Clinton worked on Jimmy Carter’s successful presidential campaign in 1976, and her husband Clinton was elected Attorney General. Bill was elected governor at the age of 32 in 1978, lost reelection in 1980, but won reelection in 1982, 1984, 1986 (when the term of office was increased from two to four years), and 1990.

Clinton joined the Rose Law Firm in Little Rock and was appointed by President Carter to serve as a part-time chairman of the Legal Services Corporation in 1977. She chaired the Arkansas Educational Standards Committee as first lady for a dozen years (1979-1981, 1983-1992), co-founded the Arkansas Advocates for Children and Families, and served on the boards of the Arkansas Children’s Hospital, Arkansas Legal Services, and the Children’s Defense Fund. In addition, she served on the boards of TCBY and Wal-Mart.

The National Law Journal named her one of the top 100 lawyers in America in 1988 and 1991.

First Lady

Clinton emerged as a dynamic and valued partner of her husband during his 1992 presidential campaign, and as president, he appointed her to head the Task Force on National Health Reform (1993). The contentious commission produced a complex plan that never made it to the floor of either house. It was decommissioned in September 1994.

She and her husband invested in the Whitewater real estate project during this time. Morgan Guaranty Savings and Loan, the project’s bank, failed, costing the federal government $73 million. Whitewater was later the subject of congressional hearings and an investigation by an independent counsel.

The Monica Lewinsky sex scandal engulfed the White House in 1998. Despite publicly supporting her husband, Hillary reportedly considered divorce. He was impeached, but the United States Senate did not convict him, and he remained in office.

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Senate Win and Presidential Run

Clinton decided to run for the United States Senate seat from New York held by Daniel Patrick Moynihan, who was retiring after four terms. Despite early issues and accusations of carpetbagging, Clinton defeated popular Republican Rick Lazio by a surprisingly large margin: 55 percent to 43 percent. Clinton became the first wife of a president to run for and be elected to public office, as well as the first woman to be elected to the United States Senate from New York. In November 2006, she was easily re-elected.

Clinton announced her intentions to become the first female president in early 2007. Senator Clinton conceded the Democratic nomination during the 2008 Democratic primaries when it became clear that nominee Barack Obama had a majority of the delegate vote.

Clinton delivered a speech to her supporters after she announced the end of her campaign. “Although we were unable to shatter that highest and hardest glass ceiling this time,” she said, “thanks to you, it has 18 million cracks in it, and the light is shining through like never before, filling us all with hope and the sure knowledge that the path will be a little easier next time, and we are going to keep working to make it so, today keep with me and stand for me, we still have so much to do together, we made history, and let us make some more.”

U.S. Secretary of State

Obama appointed Clinton as Secretary of State shortly after winning the U.S. presidential election. She accepted the nomination and was confirmed by the Senate on January 21, 2009, as the 67th Secretary of State of the United States.

During her presidency, Clinton used her position to make women’s and human rights a focal point of US initiatives. She became one of America’s most traveled secretaries of state, and she advocated for the use of social media to convey the country’s positions. She was also in charge of US diplomatic efforts in relation to the Arab Spring and military intervention in Libya.

Under Clinton’s leadership, the State Department was investigated after a deadly attack on a US diplomatic post in Benghazi, Libya, on September 11, 2012, killed US Ambassador Christopher Stevens and three others. A report on the Benghazi attack was released by an independent panel, which found “systematic failures and leadership and management deficiencies” at the State Department.

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Benghazi Testimony and Resignation

On January 23, 2013, Clinton testified about the Benghazi attack. She defended her actions to members of the House Foreign Relations Committee while accepting full responsibility for the incident, which killed four Americans. “As I’ve said numerous times since September 11, I accept responsibility, and no one is more committed to getting this right,” she told the House. “I am determined to leave the State Department and our country safer, stronger, and more secure,” she added.

She stated repeatedly after taking office in 2009 that she was only interested in serving one term as Secretary of State. She resigned from her position on February 1, 2013.

The House Select Committee on Benghazi, chaired by South Carolina Representative Trey Gowdy, was formed in May 2014 to investigate the Benghazi attack.

Clinton testified before the committee on October 22, 2015, for nearly 11 hours. On June 28, 2016, the House Select Committee on Benghazi issued its final report. According to The New York Times, the nearly 800-page report found no new evidence of her wrongdoing, but was critical of “government agencies like the Defense Department, the Central Intelligence Agency, and the State Department — and the officials who led them — for failing to grasp the acute security risks in the Libyan city, and especially for maintaining outposts in Benghazi that they could not protect.”

The committee’s Democrats issued their own 339-page minority report, criticizing Republicans for conducting “one of the longest and most partisan congressional investigations in history,” which took two years and cost “$7 million in taxpayer funds.”

The minority report stated, “We have been hampered in our work by the ongoing Republican obsession with conspiracy theories that have no basis in reality.” “Rather than rejecting these conspiracy theories in the absence of evidence or in the face of hard facts, Republicans on the Select Committee embraced them and turned them into a political crusade.”

Bid for 2016 Presidency

After much speculation and assumption about whether she would run for President of the United States, Clinton’s plans were made public in the spring of 2015. Her campaign chairperson, John D. Podesta, announced via email on April 12 that the former secretary of state would run for the Democratic presidential nomination in the 2016 elections. This was immediately followed by an online campaign clip in which Clinton herself announced her candidacy for president.

Historic Moment: Hillary Clinton Accepts Democratic Nomination for President

Wikileaks’ release of the emails during the Democratic National Convention dealt a blow to what party officials had hoped would be a time to unite and energize their supporters. The scandal rekindled the rage of Sanders’ supporters, many of whom believed the DNC had rigged the election from the start for Clinton.

Despite the protests, Clinton received a wide range of support in a series of convention speeches from political allies, delegates, celebrities, and everyday citizens, including Barack and Michelle Obama, actresses Meryl Streep and Elizabeth Banks, and former New York mayor Michael Bloomberg.

After being introduced by her daughter Chelsea, Clinton used the final night of the Democratic National Convention to officially accept her party’s nomination for president, a historic achievement for women in the United States, and then outline aspects of her platform and national vision.

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Election Upset & Concession

Clinton’s path to victory faded as the votes came in. Late in the evening, her defeat was confirmed when Trump received the necessary majority of electoral votes. Breaking with political convention, she did not give a concession speech when the race was called, instead calling Trump to concede.

Clinton delivered an emotional concession speech the next day, congratulating Trump and saying she “offered to work with him on behalf of our country.”

“Our campaign was never about a single person or even a single election,” Clinton told supporters. “It was about the country we love and creating a more hopeful, inclusive, and generous America. We’ve seen that our country is more divided than we thought. But I still believe in America and will continue to do so. And if you do, we must accept the outcome and move on to the future. Donald Trump will be our president. We owe him the opportunity to lead and an open mind. The peaceful transfer of power is enshrined in our constitutional democracy.”

Clinton also addressed her failure to become the United States’ first female president, saying, “I know we still haven’t shattered that highest and hardest glass ceiling, but someday, someone will, and hopefully sooner than we might think right now.”

Clinton ended her speech by quoting from the Bible. “You know, the Bible says, “Let us not grow weary in doing good, for in due season we shall reap.” My friends, let us have faith in one another, let us not grow weary and lose heart, because there will be more seasons and more work to do.”

Despite losing the electoral vote, Clinton won the popular vote by nearly three million votes, more than any other candidate in US history except Obama.

Russia Discovered Behind Email Leaks

For months prior to the U.S. presidential election, well over a dozen U.S. intelligence agencies concluded unilaterally that Russia was responsible for the Wikileaks email hacks. The CIA, FBI, and NSA publicly concluded in December 2016 that Russian operatives acting on orders from President Vladimir Putin were behind the cyberattacks on the DNC and Clinton campaign chairman John Podesta’s personal email account. The three agencies claimed that Russia was not only attempting to destabilize the US presidential election, but also to harm Clinton’s campaign and tip the scales in favor of her Republican opponent.

Soon after these assessments were released, Clinton spoke at a private event about Russia’s impact on her campaign. She blamed both Russia’s email hacks and FBI Director James Comey for launching an investigation into her email server just days before the election.

“Vladimir Putin himself directed the covert cyberattacks against our electoral system, against our democracy, apparently because he has a personal beef against me,” Clinton said, according to The New York Times. (The “beef” she was referring to stemmed from her outspoken opposition to Putin’s unfair parliamentary elections in 2011, when she was Secretary of State.)

Clinton also shed light on the bigger, more pressing issues at hand.

“This isn’t just a smear campaign against me and my campaign… This is an assault on our country. We’re way beyond ordinary political concerns here. This is about the security of our country and the integrity of our democracy.”

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Post-2016 Campaign

Clinton reappeared in May 2017 to co-found the political action organization Onward Together, after taking time to recover from the campaign. She published What Happened in September, an attempt to rationalize the many factors that contributed to her election defeat.

Clinton continued to criticize Trump on social media, usually eliciting a rebuke or a mocking response from the president’s team. She received applause at the Grammys in January 2018 for a segment in which she read from Fire and Fury, a book that revealed the behind-the-scenes chaos within the Trump campaign and White House.

Not all of the news was positive; shortly before the Grammys, it was revealed that a senior adviser to Clinton’s 2008 presidential campaign had been accused of sexually harassing a subordinate on multiple occasions. According to the report, Clinton was made aware of the allegations but chose not to fire the adviser, instead docking his pay and sending him to counseling.

The former first lady continued to appear at events, expressing her views on the state of politics and her role in it.

In March, she was asked at Rutgers University how she felt about some in the media telling her to “get off the public stage and shut up.”

“I was really struck by how people said that to me — mostly people in the press, for whatever reason — mostly, ‘Go away, go away,'” she replied. “And I asked one of my young employees to go back and do some research. They never said that to a non-elected man. That struck a chord with me.”

Based on the “urgency” of her emails to political supporters and the ongoing fundraising efforts of her super PACs, a New York Post columnist speculated in July 2018 that Clinton was planning to run for president again in 2020. The rumor was enough to divert Fox News’ Fox and Friends’ attention away from the rescue of a soccer team trapped in a flooded cave in Thailand.

Clinton eventually declined to run for president in 2020, but she remained on the campaign trail, drawing the ire of Tulsi Gabbard in October 2019 for calling the Hawaii congresswoman a “favorite of the Russians” (Gabbard later filed a $50 million defamation lawsuit). The subject of Clinton’s emails resurfaced around that time, with the release of a State Department report that found “no persuasive evidence of systemic, deliberate mishandling of classified information.”

Books and Documentary

Among the many books Clinton has authored are: It Takes a Village: And Other Lessons Children Teach Us (1996), Living History (2003), and Hard Choices (2014).

The former senator and secretary of state was the subject of a four-hour Hulu documentary, Hillary, which premiered at the 2020 Sundance Film Festival.

Further Reading

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