EXPLAINED: The $12,495 Armani Jacket Hillary Clinton Wore During a Speech on Income Inequality

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By Andrew Stiles | 3:06 pm, June 7, 2016

Hillary Clinton is a multimillionaire, and might even be richer than Donald Trump. In addition to loving mansions and private jets, Hillary has very expensive taste in fashion, the New York Post reports.

One especially notable item in Clinton’s wardrobe is the $12,495 Giorgio Armani tweed smock she wore during a discussion on income inequality earlier this year following her primary victory in New York.

The price of the smock is nearly half of what the average American worker makes in a year. The Post estimated that Clinton had spent at least $200,000 on new clothes to wear on the campaign trail.

But while most Americans would never be able to afford it, Hillary Clinton could earn enough to cover the cost of the tweed smock in about three minutes of work on the speaking circuit, where she was typically paid about $250,000 to give one-hour speeches to bland organizations like the Council of Insurance Agents and Brokers. She charged public universities as much as $300,000 per speech. She is very concerned about income inequality.

“We all know many people who are still hurting,” she said while wearing the fancy jacket. “I see it everywhere I go.”

What makes this particular item of clothing so expensive? Here’s a quick breakdown, using approximate figures:

Hillary Clinton Holds New York Primary Night Gathering In Manhattan

Hillary Clinton Holds New York Primary Night Gathering In Manhattan

Hillary recently clinched the Democratic nomination for president, thereby crushing Bernie Sanders’ dream of becoming the first Jewish president in American history.