Former First Lady Michelle Obama received 700,000 euros or $741,000 as the headline speaker at the Bits and Pretzels Founders event in Munich, Germany. That's a massive fee for a one hour talk, one reserved for insiders.
Mrs. Obama co-founded Plezi Nutrition, a public benefit company focused on healthy food and drink products for children. PLEZi Nutrition is backed by Juggernaut Capital Partners, a private equity underwriter (PEU).
Politicians Red and Blue love PEU and increasingly, more are one.
