Former British Prime Minister David Cameron may have suffered a humiliating loss when Britain voted to leave the EU, but it appears he is now cashing in on political failure.<\/p>\n
According to the Daily Mail, Cameron was paid \u00a3120,000 ($149,000) for a one-hour talk on the implications of the historic Brexit vote for an audience of Wall Street financiers last week.<\/p>\n
He was reportedly paid the sum for his speech to Blackstone Properties in New York. A spokesperson for the company has declined to comment, and it is not known what Cameron said during his speech.<\/p>\n
Cameron\u2019s earnings for the speech is almost as much as the \u00a3143,462 he received in a whole year as prime minister. Given his speech lasted around 60 minutes, his pay works out to around \u00a32,000 per minute.<\/p>\n
If Cameron keeps up that rate of earning, it could signal the beginning of a lucrative post-political career.<\/p>\n
It is not the first time former prime ministers have gone on to make fortunes after leaving office. Former PM Tony Blair went on to make an estimated \u00a327 million ($33 million) after he quit the House of Commons.<\/p>\n
Last month, it emerged that Cameron was due to give a speech for the private equity firm Bain Capital. The American company was founded by former Republican presidential hopeful Mitt Romney.<\/p>\n
Cameron is likely to have been paid a similar amount to his fee from Blackstone.<\/p>\n
Cameron is not required to seek approval for one-off engagements from the Advisory on Business Appointments, which requires former ministers to get permission only for regular jobs.<\/p>\n<\/div>\n
Via RT<\/a>. This piece was reprinted by RINF Alternative News<\/a> with permission or license.<\/p>\n","protected":false},"excerpt":{"rendered":" Former British Prime Minister David Cameron may have suffered a humiliating loss when Britain voted to leave the EU, but it appears he is now cashing in on political failure. According to the Daily Mail, Cameron was paid \u00a3120,000 ($149,000) for a one-hour talk on the implications of the historic Brexit vote for an audience […]<\/p>\n","protected":false},"author":1,"featured_media":279097,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519,18],"tags":[],"class_list":{"0":"post-279096","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-newswire","8":"category-latest-news"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/279096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=279096"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/279096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media\/279097"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=279096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=279096"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=279096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}