Chicago billionaire Penny Pritzker inadvertently understated a portion of her income by at least $80 million in a disclosure form required for her nomination to be U.S. Commerce secretary and has amended the document. Forms released online last night by the Office of Government Ethics show that Pritzker earned additional income for consulting work on hundreds of trusts, including family trusts, beyond what she disclosed last week. The omission, discovered by Pritzker’s financial advisers, was due to a clerical error, said Susan Anderson, the nominee’s spokeswoman.
If confirmed to run the Commerce Department, Pritzker Realty Group LLC Chairman Penny Pritzker would be among the wealthiest cabinet secretaries in U.S. history.
“It is a substantial amount and we moved to correct the mistake as soon as it was discovered,” Anderson said in an e-mailed statement. Documents released last week show Pritzker received $32.2 million for a decade’s worth of consulting on the restructuring of domestic trusts. The filings released yesterday show she earned at least $80 million for that work, according to Bloomberg’s compilation of the data. The revised total is in addition to the amount reported last week, according to Anderson.
Yeah, I remember the time that I forgot all about that $80 Million dollars I made.
Seriously, either she lied or she makes so much money that she just forgot about $80 million of it. What happened to the idea that we don't need millionaires and billionaires controlling our country. Guess that only applies to Mitt.