House Speaker Nancy Pelosi Net Worth

American politician Nancy Patricia Pelosi (born March 26, 1940) is the current speaker of the United States House of Representatives. Since 1987, she has represented the state of California in the House of Representatives. Pelosi, a Democrat, is the first woman to serve as speaker of the House in the United States history.

First elected in 1987, Pelosi’s father, Thomas D’Alesandro Jr., was a member of the House of Representatives for more than 30 years. He’d been a congressman for Maryland and the mayor of Baltimore before that. In 2021, she will begin her 18th term as the dean of the California congressional delegation.

The majority of San Francisco is in Pelosi’s district, which includes the entire city and county. As a congresswoman, she first served in the 5th district (1987–1993), and subsequently, the 8th district (1993–2013) after the 1990 census altered district lines. Pelosi has served as House Minority Leader (2003–2007 and 2011–2019) and House Speaker (2007–2011 and since 2019) since 2003, making her the first woman to lead a political party in Congress.

Nancy Pelosi Early Life

She was born on March 26, 1940, in Baltimore, Maryland as Nancy Patricia Pelosi (née D’Alesandro). A single mother raised seven sons and one daughter, and she was the last to be born. Italy is the ancestral home of both of her parents’ families. At the time of her birth, Pelosi’s father served as a Democrat in the House of Representatives from Maryland and later served as Mayor of Baltimore.

Her brother, Thomas D’Alesandro III, served as Baltimore’s mayor from 1967 to 1971, and she served as the city’s first female mayor. Her mother, who was also active in the Democratic Party and involved in the organization of Democratic women, was an additional source of inspiration.

Thus, Pelosi was interested in politics from an early age, when she began helping her father with his campaign activities at a young age. All-girls Catholic secondary school the Institute of Notre Dame graduated her in 1958, and she graduated from Trinity College with a BA in political science in 1962.

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Nancy Pelosi’s Career in Politics

In the 1960s, Nancy Pelosi began her own political career as an intern for Maryland Senator Daniel Brewster (D). The 5th District Congressman Phillip Burton became a close friend of hers when she moved to San Francisco in the 1980s. For the next 30 years, she served as a member of the Democratic National Committee from California, which she held until her retirement in 1996. In the late 1970s and early 1980s, she also served in a number of other positions within the Democratic Party, including that of finance chair for the Democratic Senatorial Campaign Committee.

Sala Burton succeeded Burton after his death in 1983. Sala Burton named Pelosi as her successor after she decided not to run for re-election, which essentially ensured that Burton’s former supporters would also back Pelosi. Pelosi was elected to fill Sala’s seat in the House of Representatives in the 5th District following Sala’s death just a month into her second term in 1987. From 1987 to 1993, she served in the 5th District; from 1993 to 2013, she served in the 8th District; and from 2013 to the present, she has served in the 12th District (as of April 2020).

House Minority Whip from 2002 to 2003; Leader of Democratic Caucus in Congress since 2003; House Minority Leader 2003-2007 and 2011-2019; Speaker of the House of Representatives from 2007 to 2011, and Speaker again in January 2019: These are all roles that Pelosi has held. First time since Sam Rayburn in 1955 that a speaker has been re-elected for non-consecutive terms as speaker. However, she had to agree to a compromise that limited her speakership to only four years in order to recover it.

 

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Nancy Pelosi’s Personal Life

The National Organization of Italian American Women and the National Italian American Foundation both have Pelosi on their boards, and she has served on both for the past 13 years. Pelosi is actively involved in the Italian-American community (NIAF). A Special Achievement Award for Public Advocacy was bestowed upon her by the NIAF in 2007, and she is still actively connected with the organization to this day.

Paul Frank Pelosi and Pelosi married in September of 1963 when Pelosi was attending college. Financial Leasing Services, INC. is the name of his venture capital, financial consultancy, and real estate organization. The Pelosis now possess significant stakes in firms such as Facebook, Apple, Comcast, Shutterfly, and the Walt Disney Company thanks to Paul’s generosity. Besides his San Francisco office towers, Paul Pelosi owns many commercial assets in and throughout the state of California. Paul purchased the Oakland Invaders United Football League team for $10 million in 2009. Later, the Sacramento Mountain Lions, the team’s new name, was forced to fold. They are the parents of five children and the grandparents of eight. San Francisco’s Pacific Heights area is home to the Pelosis when they’re in town. It’s worth between $5 million and $25 million in St. Helena, California.

Nancy Pelosi Net Worth

Politician Nancy Pelosi of the United States has a fortune estimated at $120 million. Depending on the value of the real estate, stocks, and other private assets, Nancy and her husband Paul Pelosi’s net worth was estimated by them to be between $43 million and $202 million in their most recent wealth statement.

Nancy Pelosi is the only woman in the history of the United States to serve as Speaker of the House of Representatives, a position she held from 2007 to 2011 and will resume in 2019.

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