- Full Name: Nancy Patricia D’Alesandro Pelosi
- Born: March 26, 1940
- Place of Birth: Baltimore, Maryland
- Occupation: Politician
- Marital Status: Married
Nancy Pelosi’s Net Worth History
Nancy Pelosi’s basic congressional salary has risen from $77,000 to $174,000 per year–and Speakers and Minority Leaders earn more than that. (Minority Leaders currently get $193,400 per year, Speakers $223,500.) Having been in the House of Representatives since 1987, Pelosi has had time to accumulate some savings and is one of the wealthiest members of the U.S. Congress. However, she has invested much of her savings in real estate, which makes it difficult to pinpoint exactly how rich she is. Estimates have ranged from $7 million to $124 million for 2009, with an estimate of $101 million published in 2010, $196 million in 2011, and $26 million (after a reported loss of $9 million) in 2012. The figure of $58 million was calculated by the Center for Responsive Politics as a likely midpoint between the possible extremes of $7 million to $124 million for 2009. A single piece of property, a vineyard, is valued between $5 million and $25 million. While Pelosi herself wouldn’t know exactly how many millions she can get out of her real estate investments until she sells them, she is believed to be somewhat wealthier now than she was in 2009. As Newsmax put it, on the scale of wealth across the United States, Pelosi is not among the 99%.
About Nancy Pelosi
Nancy D’Alesandro met Paul Frank Pelosi while she was attending college in Washington, D.C. They married in 1963 and moved to San Francisco, where Mr. Pelosi’s brother had already been elected to the board of supervisors. The Pelosis worked their way up in the local Democratic Party, and became friendly with their congressional representative, Phillip Burton. He died in 1983 and was succeeded by his wife, Sala, who announced that she wanted Nancy Pelosi to succeed her when she, too, became ill. In their district, Pelosi’s election by a popular vote was a formality; she easily edged out Republican candidate Harriet Ross and has represented her section of her city in Congress ever since. Because she has had no real need to campaign for reelection, Pelosi is known as the member of Congress most likely to contribute funds to others’ campaigns.
In the House of Representatives, Pelosi served on the Appropriations and Intelligence Committees. She was elected Minority Whip in 2001, Minority Leader in 2002, and Speaker in 2007. When the Democrats lost control of the House in 2010, Pelosi remained Minority Leader.
Nancy Pelosi is admired by some people and detested by others for the same reasons. She has effectively served the interests of her party for many years, unchallenged by the opposition party in her district, and untainted by scandals. She has remained married to one husband and reared five children. An accusation of insider trading, though not impossible, has been unsupported by any solid evidence. People like or dislike Pelosi depending on whether they like or dislike her opposition to restrictions on abortion, support of bans on private ownership of firearms, support for raising the minimum wage, opposition to displays of historic religious documents in schools, opposition to offshore drilling, etc. Pelosi voted to increase Medicare and Medicaid benefits, and is perhaps best known for her support of the Patient Protection and Affordable Care Act of 2010, otherwise known as Obamacare.