Former National Security Advisor Susan Rice‘s sudden divestment from her Netflix stock has many wondering if she is Biden’s choice for Vice President.
In 2018, Rice was appointed to be on the board of directors of the video streaming service. However, on Tuesday, she sold about $300,000 in stock holdings, according to paperwork filed with the Securities and Exchange Commission (SEC).
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Erin Pelton, a spokesperson for Rice, said this sale had nothing to do with politics. According to Bloomberg, Rice had already planned to sell her stocks more than three months ago.
“Ambassador Rice’s sale of a fraction of her Netflix stock has nothing to do with VP speculation,” Pelton said in a statement.
Netflix stock has steadily increased in value over the years. At this time last year, a share was valued at about $308. It is now worth about $494.
Bloomberg reported that Rice’s net worth is anywhere between $14.7 million and $28.5 million. These numbers come from a 2016 financial disclosure statement that she made as President Barack Obama’s national security adviser.
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Rice is one of the women on Biden’s shortlist for the VP position. Biden has committed to choosing a female running mate in efforts to diversify leadership in the party.
The other potential VP choices include Sen. Kamala Harris, Rep. Karen Bass, Sen. Elizabeth Warren, Sen. Tammy Duckworth, Rep. Val Demmings, Atlanta Mayor Keisha Lance Bottoms, Gov. Gretchen Whitmer, and Gov. Michelle Lujan Grisham.
It is reported that Biden will announce his choice next week.
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