Net Worth: | $120 Million |
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Date of Birth: | March 26, 1940 (84 years old) |
Gender: | Female |
Profession: | Politician |
Nationality: | United State Of America |
What is Nancy Pelosi’s net worth? How does Nancy Pelosi make her money? Below is the current net worth of Nancy Pelosi and how Nancy Pelosi makes her money.
What is Nancy Pelosi’s Net Worth?
Nancy Pelosi is an American politician who has a net worth of $120 Million. In American history, Nancy has been the only woman to hold the position of Speaker of the House of Representatives, first from 2007 to 2011 and then again beginning in 2019.
Childhood
Nancy Patricia Pelosi, née D’Alesandro, was born on March 26, 1940, in Baltimore, Maryland. The only girl in the family of seven, she was also the youngest. The parent was of Italian ancestry. Pelosi came from a politically active family.
At the time of her birth, her father was a Maryland-based Democratic congressman who later became the mayor of Baltimore. She and her brother Thomas D’Alesandro III both held the office of mayor of Baltimore from 1967 to 1971. Her mother organized Democrat women and was engaged in the Democratic Party as well.
Pelosi was consequently introduced to politics at a young age and started helping her father with his numerous campaign activities. In 1962, after completing her studies at the all-female Catholic Institute of Notre Dame in 1958, she received a Bachelor of Arts in political science from Trinity College.
Career In Politics
Before beginning her own political career, Pelosi served as a senator’s intern for Daniel Brewster of Maryland in the 1960s. She then moved to San Francisco, California, where she became close with Phillip Burton, a congressman from the 5th District.
In 1976, she was appointed to represent California on the DNC, a position she held until 1996. In the latter part of the 1970s and the beginning of the 1980s, she worked for the Democratic Party in a number of different capacities, including that of finance chair for the Democratic Senatorial Campaign Committee.
After Burton’s passing in 1983, Sala, his wife, took over. Sala Burton chose Nancy Pelosi to succeed her after deciding not to seek re-election but guaranteeing Pelosi would have the backing of Burton’s former supporters.
After Sala, unfortunately, passed away just one month into her second term, Pelosi triumphed in the subsequent special election and was sworn in as the congressman for California’s 5th District in June 1987.
She represented the Fifth Congressional District from 1987 to 1993, the Eighth Congressional District from 1993 to 2013, and the Twelveth Congressional District from 2014 to 2020.
Between 2002 and 2003, he served as the House Minority Whip. Since 2003, he has led the House Democratic Caucus. From 2007 to 2011, from 2011 to 2019, and from 2019 to the present, he has served as the House Minority Leader. From 2007 to 2011 and once more in January 2019, Pelosi was also the Speaker of the US House of Representatives.
She is the first speaker to be reelected since Sam Rayburn in 1955 for a non-consecutive term. However, she was forced to agree to a deal that stipulated that if she sought to return the speakership, she could only keep it for four years.
During Pelosi’s second term as Speaker of the House of Representatives and President Donald Trump’s first term, it is noteworthy that the President’s impeachment proceedings will take place on September 24, 2019.
According to the American Civil Rights Union’s Congressional Scorecard, Pelosi, a lifetime Democrat, gets a 92% grade for her voting record on civil liberties. Additionally, she has constantly spoken against initiatives like welfare reform and the Iraq War while advocating for liberal issues such as the right to an abortion, gay rights, and limits on the use of firearms.
Even though she frequently sparks controversy in politics, both inside and outside of her own party, many people also admire her for being a cunning and smart politician who was able to hold the disorganized Democratic party together.
Relationship
During her time in college, Pelosi met Paul Frank Pelosi, and in September 1963, they got married. The venture capital, financial advisory, and real estate firm (Financial Leasing Services, INC.) is owned by Paul Pelosi.
Paul is largely to blame for the Pelosis’ huge ownership stakes in companies like Facebook, Apple, Comcast, Shutterfly, and the Walt Disney Company. Paul Pelosi is a property owner in California, in addition to a few office buildings in San Francisco.
The Oakland Invaders United Football League team was bought by Paul in 2009 for $10 million. The Sacramento Mountain Lions relocated and took on a new name just before the team was finally disbanded.
Paul and Nancy have eight grandchildren and five children. The Pelosi family usually resides in San Francisco’s Pacific Heights district. Furthermore, they are the owners of a vineyard in St. Helena, California, with a $5 million to $25 million market value.
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