Malia Obama has been enrolled at Harvard University since fall 2017.(Photo by Olivier Douliery-Pool/Getty Images)
After The Weinstein Co. announced it would file for bankruptcy Monday, March 19, one of the revelations in the 394-page filing is that it owes dozens of creditors money – including former first kid Malia Obama.
Obama took an internship with the company formerly headed by accused sexual assaulter Harvey Weinstein in 2017. She had worked at the company’s New York office during a gap year following high school graduation before enrolling at Harvard University that fall.
At the time Weinstein’s misconduct made news, Obama’s parents, former President and first lady Barack and Michelle Obama, released a statement condemning the ousted movie mogul’s actions.
“Any man who demeans and degrades women in such fashion needs to be condemned and held accountable, regardless of wealth or status,” they said in a joint release. “We should celebrate the courage of women who have come forward to tell these painful stories. And we all need to build a culture — including by empowering our girls and teaching our boys decency and respect — so we can make such behavior less prevalent in the future.”
How much the 19-year-old is owed isn’t listed nor are the amounts the company owes other celebrities, according to USA Today. But TWC, who also lists “Black Panther” director Ryan Coogler and comedian Kevin Hart among its creditors, has $500,000,001 and $1 billion in liabilities and the same amount of assets.
Among the largest sums owed to creditors are $17.4 million to Delaware-based Sartraco Inc., which has the highest claim, and $14.4 million to Wanda Pictures, a Chinese film company.
