Hillary Clinton discloses millions in book royalties, speaking fees

Washington: Hillary Clinton filed financial documents Tuesday night showing that in 2015 she earned more than $5 million in royalties from her book Hard Choices and about $1.5 million in speaking fees before she launched her presidential campaign.

Her husband, former President Bill Clinton, continued his lucrative speaking tour through last November, reaping more than $5 million from banking, tech and other corporate interests.

Hillary Clinton. AP.

File photo of Hillary Clinton. AP

Hillary Clinton released the candidate financial disclosure form she filed to the Federal Election Commission earlier this week. The 11-page document shows that most of her personal wealth is held in a Vanguard 500 Index Fund and a separate JP Morgan Custody Account, both valued at $5 million to $25 million.

Clinton's campaign released her disclosure publicly hours after Republican Donald Trump put out financial documents describing his personal wealth at $10 billion. Clinton used the release to sting Trump for refusing to publicly release his tax returns, a theme she has repeated in recent days. Last year, Clinton released her own family tax returns covering 1977 to 2014.

"Despite Donald Trump's boasting, submitting his personal financial disclosure form is no breakthrough for transparency," Clinton campaign spokeswoman Christina Reynolds said. "The true test for Donald Trump is whether he will adhere to the precedent followed by every presidential candidate in the modern era and make his tax returns available, as Hillary Clinton has done."

Clinton's speeches to Wall Street interests between 2013 and 2015 spurred questions about her own transparency, leading to repeated calls from her Democratic rival, Bernie Sanders, for transcripts of her talks to banks, investment houses and other financial interests.

The five speeches disclosed in Clinton's latest documents include the Canadian Imperial Bank of Commerce paying her $150,000 for a talk in January 2015, following two other speeches in Canada that also were co-sponsored by the bank. Bill Clinton listed a February 2015 appearance in Nashville for UBS Wealth Management Americas — a Swiss international bank that Hillary Clinton also spoke to in July 2013.

Hillary Clinton's disclosure also shows that her husband made an undisclosed amount of money last year in consulting roles for two foreign interests — the Dubai-based Varkey GEMS Foundation and Laureate Education Inc, a global for-profit education firm. Clinton ended his relationship with Laureate last year after earning $16.5 million as the operation's honorary chancellor, according to previously-released Clinton tax records. Bill Clinton also has made more than $5.6 million in an honorary role for the GEMS foundation.


Updated Date: May 18, 2016 08:29 AM

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