Under former President Barack Obama, liberals made a ton of money.
And all of it happens to be dirty money, being made through many unethical/shady practices — and Susan Rice epitomizes this, as her net worth is an astonishing $50 million.
While some politicians have gotten rich by working in the private sector, Susan Rice was different — she used her government position to make millions.
In 2012, the Washington Post reported that she and her husband were allegedly worth over $20 million. Five years later, their wealth doubled. This happened despite the fact that she was only making $172,000 a year. It appears that much of her wealth may have been acquired unethically. Most of her money seems to have come from investments in Canadian oil companies.
According to May 2012 financial disclosure documents, she has invested between $300,000 and $600,000 in TransCanada Corporation. The company is best known for owning the Keystone XL pipeline and they’ve recently tried to have it completed in the U.S. To finish, they need to build 1,700 miles worth of pipe from Canada to Texas. Although the Obama administration stopped the deal, Trump and his team have reversed course and approved a permit to start construction. As a major investor, Rice stands to profit immensely.
On top of that, she’s also invested heavily in several major Canadian banks. Some of the banks she’s invested in are expected to help finance the upcoming construction, which will make her even more money. Further, it’s reported that she owns between $50,000 and $100,000 worth of shares in Suncor, an oil sand company, and $1.25 million in Transalta, Alberta’s electric power producer. Ironically, all of these investments are inconsistent with her party’s platform pushing “clean energy.”
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