All Posts by Empower Wisconsin

Hunter Biden paid a fortune — for doing what?

Empower Wisconsin | Nov. 29,  2019

By Tristan Justice, The Federalist 

Raking in $50,000 a month by serving on the board of a major energy company despite no prior experience in the industry sounds absurd on its face, but when compared to the level of board compensation of other large corporations, it’s almost unimaginable.

A Federalist analysis of board members’ earnings of comparable corporations reveals just how much Hunter Biden was being showered with excess compensation for serving on the board of Burisma, a Ukrainian energy company, while his father Joe Biden served as vice president dictating U.S. policy towards Ukraine.

According to Bloomberg, Hunter Biden brought at least $50,000 a month for his position on the board of Burisma from 2014 to 2019 without any experience in energy, bringing the former vice president’s son about $600,000 a year and dwarfing the compensation of board members serving on corporations of comparable size.

A 2018 survey from FW Cook, a well-regarded executive compensation consulting firm, shows that of the companies in the S&P 500, large-cap firms, which are businesses with a market value of more than $10 billion, paid individual board members a median of $275,000 a year. Among S&P 500 companies in the energy industry, board members were compensated with a median $213,000 a year, with those in the 75th percentile of the salary range still only bringing in $289,000, less than half of what Hunter Biden has been reported earning at Burisma.

Read more at The Federalist  

Listen to more:

Explore More
Biden’s Big Lie

Biden’s Big Lie

Empower Wisconsin | Aug. 18, 2022 President Joe Biden owns the Border Crisis, and left-wing mayor are now feeling the…

Read More »

August 18, 2022
Marquette Poll: Tight race for Wisconsin governor

Marquette Poll: Tight race for Wisconsin governor

By M.D. Kittle MADISON — With less than three months to go before the mid-terms, the race for Wisconsin governor…

Read More »

August 18, 2022
Taxpayers keep giving to Bucks in sweetheart concert venue deal

Taxpayers keep giving to Bucks in sweetheart concert venue deal

By M.D. Kittle MADISON — FPC Live is angling to land a sweetheart deal with the Milwaukee Bucks that would…

Read More »

August 18, 2022
Leave it to Evers: Tony turns his felon appointee loose

Leave it to Evers: Tony turns his felon appointee loose

Empower Wisconsin | Aug. 17, 2022 MADISON —  Gov. Tony Evers has decided it may not be in his re-election…

Read More »

August 17, 2022
Biden’s Manufacturing Reduction Act

Biden’s Manufacturing Reduction Act

By M.D. Kittle MADISON — The so-called Inflation Reduction Act signed into law Tuesday by Spender-in-Chief Joe Biden won’t reduce…

Read More »

August 17, 2022
All Woke Up: The failed paradise of DEI

All Woke Up: The failed paradise of DEI

Empower Wisconsin | Aug. 12, 2022 In Woke Land, every societal ill and transgression can be cured by three magic…

Read More »

August 17, 2022
Leave a Comment

Your email address will not be published.