America’s 42nd President Bill Clinton is probably one of the most influential and popular men when it comes to world politics. The former POTUS left office on 20 January 2001 after two terms in office.
He has an enviable wealth of experience in American politics, having served two terms as governor of his state of Arkansas. For two years, from 3 January 1977 to 9 January 1979, Clinton was the 50th Attorney General of Arkansas.
Bill Clinton Bio
Bill made the Clinton name popular, which might never have happened if his father’s early death when he was just three days old had not influenced his name change from William Jefferson Blythe III, which his biological father gave him after a certain car dealer Roger Clinton Sr., whom his mother was to marry later in the 1950s.
Clinton was born on August 19, 1946, in Hope, Arkansas, and attended the city’s Hot Springs High School where he seemed to have many interests. As a young boy, Clinton tried his hand at politics and served as a senator for the Boys Nation. While in office in 1963, Clinton visited the White House in due course, where he met with President John F. Kennedy. His interest in politics was further fuelled by the famous “I Have A Dream” speech by Martin Luther King Jr.
Bill Clinton attended Georgetown University in Washington D.C., where he earned a bachelor’s degree in Foreign Service. He went to Oxford on a scholarship but later moved to Yale to study law. He received his Juris Doctor in 1973.
After graduating, Clinton returned to his state and began teaching at the University of Arkansas. In 1976 he was appointed Attorney General of Arkansas. In 1978, at the age of 32, he became the youngest governor in the state of Arkansas. In 1992, after two terms in office, he ran against George H. W. Bush for the nation’s highest seat and won it.
His Net Worth
As someone who has spent most of his life in public service, Bill Clinton did not have the time to build a business empire. Because of the scandal that shook his presidency and led to his removal from office in 1998, Bill Clinton had a lot of debt, especially to the lawyers who handled his cases. His wife Hillary Clinton revealed to the media that when they stopped being America’s first family in 2001, they left the White House without money and struggled to pay their daughter’s mortgages and education.
But the Clintons were not prepared to let their situation last too long. Besides politics, the next thing the Clintons are known for is talking, a gift that Bill Clinton is especially blessed with. After leaving office, Bill began making paid speeches to corporations and philanthropic organizations in Europe and North America, and occasionally in Africa. He earns between $100,000 and $300,000 per speech and gives about a dozen speeches a year. These speech fees were what helped Clinton get out of debt four years after he left office.
Business consulting and book authorship contributed equally to Clinton’s income. Both Clinton and his wife are gifted speakers, so more income. His 2008 tax returns showed that he had earned $109 million in eight years from 2000 to 2007, with over $90 million coming from lecture fees and book publications. His 2004 memoir, “My Life,” earned him over $15 million. Per Forbes, Clinton and his wife earned about $240 million from 2001 to 2015. Bill Clinton’s private fortune was estimated at 80 million dollars.
Affairs and Scandals
In 1998 Bill Clinton was, unfortunately, the second president in American history to be indicted in the 1860s, after his Democratic counterpart Andrew Johnson. Bill Clinton was indicted after a sex scandal involving him and 22-year-old White House intern Monica Lewinsky, who worked at the Department of Defense.
As always with most sex scandals, other dismissed cases of sexual harassment involving Clinton were reopened after he agreed to have an affair with Lewinsky. One of these was the sexual misconduct suit filed against him by Paula Jones in 1994, who claimed that Clinton harassed her in 1991. It was his testimony in an affidavit for the Jones suit, in which he denied having had an affair with Lewinsky, which formed the basis for his impeachment on perjury charges.
Clinton would eventually pay an out-of-court settlement fee of $850,000 to Jones, an act which Clinton’s attorney Robert S. Bennett said was done only to get Jones off his back. A number of other women brought sexual assault charges against Clinton, but none seemed to carry much weight.
Bill Clinton returned to office as president after the House was unable to muster the two-thirds majority needed to continue to indict him.
Does He Have a Son?
Since the sex scandal surfaced, a guy named Danney Williams has been claiming he is Bill Clinton’s biological son. Williams claims that Clinton had many sexual encounters with his mother Bobbie Ann Williams in 1984 during his time as governor of Arkansas.
In 1999, the tabloid magazine Star offered to pay for a paternity test using Clinton’s DNA from the Lewinsky trial. The results were negative. After a period of restraint, Williams, who was born on December 7, 1985, resurfaced in front of the White House with the demands during the 2016 election campaign. Since then, he has requested a second paternity test. Although largely ignored, Williams remains stubborn and often tweets to the former president. He has also claimed that Webster is Hubbell and not Bill Clinton Chelsea’s father. Hubbell worked with Hillary at the Rose law firm.