Nancy Pelosi, 82, is an American politician who has represented the San Francisco area in Congress since she was elected to the House of Representatives in 1987. She is the first woman to serve as both the minority leader and speaker of the house. Let’s see how 35 years working in Congress, plus her other financial endeavours, have impacted her networth.
Besides being a politician, she and her husband, Paul Pelosi, have done well with their investments and own a lot of valuable real estate. She is the member of Congress who makes the most money. Her salary from Congress is $223,500 per year, but she also makes more than $1 million per year from her other businesses and speaking engagements. OpenSecrets says Pelosi’s estimated networth was just under $115 million in 2018, and Finty says it’s about $120 million right now.
First, the Democrats chose her to be minority leader. She was minority leader from 2003 to 2007 and from 2011 to 2019. She was a speaker from 2007 to 2011 and then again from 2019 until now.Pelosi has a lot of different jobs in Washington. She is the leader of the majority party and the person in charge of running the House. She is also still a representative for the district she lives in. She is also the second person in line to be president after Vice President Kamala Harris.
Nancy Pelosi Early Life
On March 26, 1940, Annunciata and Thomas D’Alesandro Jr. had their seventh child, a girl named Nancy Patricia. She was their only daughter. Her politician father was the mayor of Baltimore and a congressman for a long time. She got her bachelor’s degree in political science from Trinity College in 1962. After that, she worked as an intern for a Democratic senator.
In September 1963, she married Paul Pelosi, who was a venture capitalist and real estate mogul. The couple spent a short time in New York and then moved to Northern California. They have five kids, and they have nine grandkids. She is also the aunt of the governor of California, Gavin Newsom.The only close race Pelosi has been in so far was the one to replace Sala Burton as a U.S. Representative after she died in February 1987.
Pelosi beat San Francisco Supervisor Harry Britt in the Democratic primary with 36 percent of the vote to his 32 percent. She then beat Republican Harriet Ross by more than 2-to-1. Since then, Pelosi has had a very successful political career. In 1988 and 1990, she won 76 and 77% of the vote in California’s 5th congressional district. In 1992, Pelosi ran for office in California’s 8th congressional district, which included the San Francisco area. The district lines had been changed because of the 1990 Census. Since then, she has continued to win big, only three times getting less than 80% of the vote.
Nancy Pelosi Personal Life
Paul Francis Pelosi and Nancy D’Alesandro met when she was in college. On September 7, 1963, they got married at the Cathedral of Mary Our Queen in Baltimore. After they got married, they moved to New York. In 1969, they moved to San Francisco, where Paul’s brother Ronald Pelosi was a member of the Board of Supervisors for the City and County of San Francisco.
Nancy and Paul Pelosi have nine grandchildren and five children, including Christine and Alexandra.
Alexandra was a reporter who covered the Republican presidential campaigns in 2000. She made a movie called Journeys with George about the experience. Christine wrote a book called Campaign Boot Camp: Basic Training for Future Leaders, which came out in 2007.
Pelosi lives in the San Francisco neighbourhood of Pacific Heights.In her 2016 financial disclosure report, she says that she owns a home and vineyard in St. Helena, California, as well as two commercial buildings in San Francisco and a townhouse in Loomis, California.In January 2021, someone wrote “cancel rent” on her garage and left fake blood, a pig’s head, and the message “cancel rent” on her San Francisco home.
Nancy Pelosi Career
After moving to San Francisco, Pelosi became friends with 5th district congressman Phillip Burton and started moving up in the Democratic Party. She was chosen to be a member of the Democratic National Committee from California in 1976. She held this job until 1996. In 1977, she was chosen to be the party chair for Northern California. Four years later, she was chosen to lead the California Democratic Party.
which she did from 1981 to 1983. After that, Pelosi was the chairwoman of the San Francisco Democratic National Convention Host Committee in 1984. From 1985 to 1986, she was the finance chair of the Democratic Senatorial Campaign Committee.Pelosi voted for the Civil Rights Restoration Act of 1987 in March 1988. She also voted to override President Ronald Reagan’s veto.In 2001.
Pelosi was chosen to be the House Minority Whip. She is second in charge to Missouri’s Dick Gephardt, who is the Minority Leader. In U.S. history, she was the first woman to hold that job.Gephardt stepped down as Minority Leader in 2002 to run for president as a Democrat in 2004. Pelosi was elected to replace him, making her the first woman to lead a major party in the House.
Nancy Pelosi Networth
Nancy Pelosi owns more than 20 pieces of property worth more than $40 million. Nancy Pelosi has a lot of money in stocks. Nancy Pelosi has a large number of top companies in her portfolio.Some donors on Wall Street take care of Nancy Peloci’s investment fund and give her a return of more than 30% each year. Nancy Pelosi’s investment fund has $25 million in cash, stocks, and government bonds. Check out Tucker Carlson’s networth as well.
In 2009, Paul paid $10 million to buy the United Football League team Oakland Invaders. The team moved soon after and became known as the Sacramento Mountain Lions. Eventually, the team was shut down. They have five kids, and they have eight grandkids. The Pelosis live in the Pacific Heights neighbourhood of San Francisco when they are there. They also own a vineyard worth between $5 million and $25 million in St. Helena, California.
American politician Nancy Pelosi has a net worth of $120 million. In her most recent wealth disclosure, Nancy and her husband Paul Pelosi said that their personal networth was between $43 million and $202 million, depending on the value of their real estate, stock investments, and other private assets.