- The Washington Times - Saturday, June 14, 2003


Former President Bill Clinton earned $9.5 million last year making speeches around the globe for as much as $400,000 apiece, while his wife received $1.15 million as partial payment for her White House memoir.

The Clintons’ earnings were detailed in financial disclosure forms filed by Sen. Hillary Rodham Clinton, New York Democrat, and made available yesterday.

Mr. Clinton traveled the globe to give 60 paid speeches last year, from Singapore to Stockholm to Dubai. The largest single moneymaking appearance was a $400,000 speech last November in Japan for the Mito City Political Research Group.

Mrs. Clinton’s 2002 payment from publisher Simon & Schuster for $1.15 million followed a $2.85 million advance, meaning she has now received half the $8 million payment for “Living History,” which reached bookstores earlier this week.

The Clintons have between $1 million and $5 million in a joint account. They also report $1 million to $5 million held in a blind trust.

Many of Mrs. Clinton’s Senate colleagues are also millionaires, according to financial disclosure forms.

New Senate Majority Leader Bill Frist, a former Nashville heart-lung transplant surgeon whose family founded one of the nation’s largest for-profit hospital chains, reported blind trusts in the $6.5 million-to-$31 million range.

In contrast, Senate Democratic leader Tom Daschle of South Dakota, who has spent most of his life in politics, reported relatively modest holdings.

He had a bank account of $100,001 to $250,000; a credit union account of $50,001 to $100,000 and a Fidelity investment fund of $50,001 to $100,000. He also earned interest and dividend profits from banks and mutual fund accounts in the $10,420-to-$32,402 range.

Mr. Daschle’s deputy, Democratic Whip Harry Reid of Nevada, listed 160 acres in Bullhead City, Ariz., worth $500,000 to $1 million and Nevada land holdings and mining claims worth $786,000 to $1.7 million. His investments from municipal bonds and other sources, earned him $29,116 to $85,050.

As always among the top millionaires in the Senate was Sen. Edward M. Kennedy, Massachusetts Democrat, who has a family trust fund — worth $8 million to $45 million — set up in 1936 when he was 4 years old by his late father Joseph P. Kennedy.

He also has two blind trusts in his name valued at $1,001,001 to $5,015,000 and reported unearned income of $2 million to $13 million from family and blind trusts.

Among other disclosures from the financial forms:

• Democratic presidential candidate Bob Graham, Florida Democrat, said he and his wife have assets worth between $7.7 million and $31.6 million.

• Sen. John Kerry of Massachusetts, a Democratic presidential contender, reported no unearned income, but his wife Teresa Heinz Kerry, heir to the Heinz food fortune, is estimated to be worth more than $500 million. Mr. Kerry lists a Dutch painting owned jointly with his wife worth $250,000 to $500,000.

• The second-ranking Senate Republican, Mitch McConnell of Kentucky, reported that his wife, Labor Secretary Elaine L. Chao, was the major breadwinner. She listed a Vanguard 500 Index fund worth $500,000 to $1 million, another fund worth $100,000 to $250,000 and a house worth $500,000 to $1 million.

• Sen. Joe Lieberman, Connecticut Democrat, reported that his wife,Hadassah, earned nearly $33,000 from royalties and signing agreements for their book on his 2000 vice presidential campaign. She also earned $94,000 in fees for eight speeches, all to various Jewish nonprofit organizations.

• Sen. John Edwards, North Carolina Democrat, another presidential candidate, reported a blind trust worth $5 million to $25 million. The former trial lawyer declared income of $100,000 to $1 million on that trust.

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