Betsy DeVos Raked In Vast Outside Income As Education Secretary

[DonViejo]

Source: Huff Post


POLITICS 03/23/2021 07:27 am ET

The billionaire Trump Cabinet member reaped nine figures during her four years in office, a watchdog group revealed.

By Lee Moran

Billionaire Betsy DeVos fattened her fortune considerably from various business interests during her four-year run as education secretary under former President Donald Trump.

DeVos, who is reportedly worth more than $2 billion, reported outside earnings from dividends, interest and rents of at least $225 million and “potentially well over $414 million” during her time in the Cabinet role, according to an analysis of her financial disclosures by watchdog group Citizens for Responsibility and Ethics in Washington.

“It is impossible to know the exact amount because DeVos’s income is reported in broad ranges, but we do know for a fact that she made nine figures during her four years in office,” the group, known as CREW, said in a statement Monday.

At the most modest end of her reported income, DeVos would have raked in more than $158,000 each day of her 1,422 days in the position. That works out to more than $6,500 per hour.

Link to tweet

Read more: https://www.huffpost.com/entry/betsy-devos-education-secretary-outside-income_n_6059ba48c5b66a80f4ea7dd1

[Botany]

1. How much of that money came from her holding immigrant children @ $800 per day per child ...

... I think those #s are right.

Grifters gotta grift.

[Frustratedlady]

2. Did she own one of the compounds where children at the border were housed?

If so, that makes her even more evil than I had her labeled. It should also be against the law.

[Botany]

11. I think so.

Some reporter caught a bunch of those Latin American kids @ an airport in the middle of the night
that were on their way to a compound she owns.

[ananda]

13. I think it fits her evil quotient perfectly.

That whole admin and accomplices were the most corrupt
people on the planet!

[dixiegrrrrl]

20. She and spouse were also making $$ in adoption racket

read a report about it couple years ago.
One example was fees around $50 k for adopting a Guatemalan child.

When I saw the news story of young immigrant girls being moved from place to place, I instantly thought of sex trafficking. Really no other explanation for it.

I hope all of the immigrant related crimes comes to light soon.

[Frustratedlady]

21. OMG! I can't tolerate this woman, but I hope that isn't true.

I remember one night when someone videotaped young girls (10 or 12 years old) being transferred from one compound to another at night and suddenly went sick to my stomach. I thought the same thing and couldn't get them out of my mind for days. I never thought of adoption for the younger ones.

I wonder if this is why so many of their records couldn't be found? I don't remember if they lost the kids' records or their parents. Wouldn't that be easy money for these horrible people?

How much wealth do you need in life?

[dixiegrrrrl]

26. Real easy to "disappear" a kid's history

then create a new one, if you have the money and organization to do it.
and there is no way in hell I can believe running a high fee "adoption" agency legally is something that family would do.

[twodogsbarking]

3. Her plan worked

well.

[bronxiteforever]

4. Kick and recommend. Important read.

[llashram]

5. damn!!!

raked in beaucoup...

[rickyhall]

6. New Queen of Mean?

[Aerator]

7. Her security detail cost the taxpayers 7 million a year .

[turbinetree]

8. Lock her up and wipe that shit eating grin off her face

[iluvtennis]

9. No surprise...she is a thief just like trump and the rest of the GOP thugs. nt

[3auld6phart]

10. S***k

Not gonna call her any thing ,other than a major grifter.39 days in Facebook penalty box for calling her
A Sk**k.Wonder if she hired her brothers mercenaries
at hugely inflated costs for security.

[iluvtennis]

12. Wow..in the penalty box for that. Facebook should apply the policing to all of the lies and

misinformation the GOPers spew on daily basis.

Welcome to DU 3auld6phart

[3auld6phart]

17. Thanks,

12hr,24hr,30days. 1st two were bad mouthing the orange pustule.We have all seen a lot worse on FB.Could have been a rumfh loving Administrator. Thanks for the welcome,you take care,ok.

[groundloop]

14. I doubt if anyone here will complain about calling Cruella de Vil a skank.

[peppertree]

15. And in flows the dough...

[3catwoman3]

16. $158,000a day...

...for WHAT?

JESUS H!

[burrowowl]

18. Good read. K&R

[riversedge]

19. Seems most cabinet members appointed by Trump were in office to make $$$$$$

[Cha]

24. Exactly.. name one who

wasn't!

[drray23]

22. not really surprising. She was already a billionaire going in.

So obviously her assets/investments/businesses kept going when she was secretary of education.
The more interesting question is whether or not she used her position to steer businesses or investments towards hers.

[Deminpenn]

25. +1

[Cha]

23. I bet she did.. 'cause it's

never enough for sociopathic magats .. the greed oozes out of their pores.