Nancy Pelosi Has A Surprisingly MASSIVE Personal Net Worth

By on June 29, 2017 in ArticlesEntertainment

House minority leader Nancy Pelosi has been serving the residents of California in various capacities in Washington D.C. for 30 years. The 77-year-old Democrat maintains her residence in Northern California where she and her husband Paul, own an idyllic estate and vineyard 65 miles north of San Francisco on the Napa River. The couple's neighbors know when the Washington D.C. power couple is in town by the line of luxury black SUVs making their way up the Pelosi's driveway on Zinfandel Lane. Everyone from California Governor Jerry Brown to former Google CEO Eric Schmidt have hobnobbed at the Pelosi's California estate. All of this got us wondering just what Nancy Pelosi's net worth is and how she amassed it – after all, her government salary of $174,000 is nice, but not enough to amass a personal net worth between $42 million and $202 million, as she stated on her 2015 wealth disclosure. That's a big gap but it also doesn't even make Pelosi the richest Californian in Congress. She is the fourth-richest Californian and the 15th richest member of Congress.

Congressional financial disclosure laws allow elected officials to report broad ranges for their assets and liabilities. The firm Roll Call does an analysis of lawmakers financial disclosure forms and puts Pelosi's minimum net worth at $29.3 million.

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An example of this broad range is evident in the value for Pelosi's St. Helena, California estate on Zinfandel Lane. The property is valued at between $5,000,001 and $25 million according to her financial disclosure forms. She also makes between $5,001 and $15,000 from the sale of the grapes grown in their vineyard and collects between $15,001 and $50,000 in rent from a townhouse she and her husband own in Napa Valley. Another rental property brings in up to $50,000 in the ski resort town of Norden, California. That property is noted as being worth between $1,000,001 and $5 million.

As for the rest of Pelosi's assets, most of them are detailed as belonging to her husband, Paul, including investments in Facebook, Apple, Comcast, Shutterfly and the Walt Disney Co. Paul Pelosi also owns a few office buildings in San Francisco and commercial properties around California. Paul Pelosi also owned the Sacramento Mountain Lions team for the now defunct United Football League, an investment valued at $10 million.

Something else to keep in mind, members of Congress are not required to include their annual salary of $174,000 on their financial disclosure forms. They also do not have to list any property they own that they don't earn income on. For example, Pelosi could buy one of her five children a $10 million home in San Francisco and not have to disclose it unless she made her kid pay rent on it. Officially, Nancy Pelosi reports having $13.46 million in liabilities, which includes mortgages on seven properties.

All these wide price ranges can be confusing.

Nancy Pelosi represents possibly the safest Democratic district in the county with democrats having held the seat since 1949. No Republican has made a serious bid for the seat since the early 1960s, and she has been reelected more than 10 times with no serious opposition, winning with an average of 80% of the total votes.

Pelosi is currently the Minority Leader of the U.S. House of Representatives for California's 12th congressional district, which is made up of three-fifths of the city and county of San Francisco. From 2007 to 2011 she was the 52nd House Speaker and the only women to hold that position to date. She is to date the highest-ranking politician in U.S. history.

Analyzing Nancy and Paul Pelosi's real estate holdings and investments led us to put the Congresswoman's net worth at a healthy $120 million.

Articles Written by Amy Lamare
Amy Lamare is a Los Angeles based writer covering business, technology, entertainment, philanthropy, and pop culture. She spent 8 1/2 years covering the entertainment industry for www.hsx.com. She attended the University of Southern California where she majored in Creative Writing. An avid long distance runner, weekends she can be found running the streets of Los Angeles training for 1/2 and full marathons. Follow her on Facebook.
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