As one of the most powerful personalities in the modern United States Congress, occupying one of the most important positions in America’s democratic institution, Nancy Pelosi has been a huge force in Congress since she became a Speaker in January 2019. She is an outspoken critic of the Donald Trump administration, a fact that hasn’t won her a lot of friends. There is plenty to know and learn about her and this time, we will be observing Nancy Pelosi’s net worth.
Money has always been an important factor in Congress, as Congressmen or women who do not have enough of it have often been tied to the wheel of corporate lobbyists and political donations that ultimately influence their positions and decisions on national issues. Nancy Pelosi’s vast amount of wealth has given her freedom to serve the American people and we take a look at how much she has below. Read on!
Nancy Pelosi’s Net Worth
According to the popular website, Celebrity Net Worth, Nancy Pelosi has a net worth of $120 million. However, other sources put her net worth somewhere at a low $26.4 million and a high $100 million. It is established, however, that she is one of the richest people in the United States Congress.
The bulk of her wealth has come through her and her husband’s investments in real estate. Nancy and her husband, Paul Pelosi have invested a considerable amount of capital in American real estate, which has ultimately boosted the family’s net worth.
Their investments in high-end commercial real estates have the Pelosi family owning multiple properties that are evaluated at over $20 million, which continue to fetch yearly income through rents and sales. According to a recent financial filing by Nancy Pelosi, she and her husband have over 40 assets in real estates, stock market, and sports teams. Nancy and her husband have stock in Apple, Facebook, and Disney.
Outside of her income through the family’s investments, Nancy Pelosi’s net worth also comes through various positions she has held in her professional career. She has served as a Board member of several companies and establishments, such as the Kennedy Center, Lead America, Wheelchair Foundation, The Women & Politics Institute at American University among a few others. She has also served as the CFO and secretary of The Paul & Nancy Pelosi Charitable Foundation.
More so, as someone who has served in the United States Congress for over three decades, having gotten elected into the House of Representatives in 1987, she has served in various positions such as House Minority Whip, House Minority Leader and a few others. Before she was appointed Speaker of the House, she had an average salary of $193 thousand per year.
Simply put, a combination of her position, hard work, and financial investments has given Nancy Pelosi a substantial net worth.
How Much Is Her Salary as The Speaker?
In the United States Congress, the position of the speaker is one of the highest positions a congressperson could hold and aside from the prestige, comes an increase in financial benefits to the holder of the position.
Nancy Pelosi’s term as the Speaker of the United States House of Representatives began in January 3, 2019 and along with it came an increase in her salary from $193,000 to $223,500 per year, a $30,000 pay rise that makes her the third-highest earner in the United States Government after the President and the Vice President.
It is her second stint as the Speaker of the House of Representatives, having previously held the position between 2007 and 2011, a feat that makes her the first politician in 60 years to achieve.
Her constant status in a position of leadership since she joined the US Congress has often meant she earned more than her fellow Congresspeople since she joined Congress in 1987 and earned an average of $89,500. As House Minority Leader, she made an extra $20,000 at $193,400 per year over other representatives who earned $174,000 per year.
As one of the wealthiest personalities in the US Congress, Nancy Pelosi’s net worth has allowed her to pursue the passing of major landmark bills such as the Affordable Care Act, the 2010 Tax Relief Act, American Recovery and Reinvestment Act, Dodd-Frank Wall Street Reform and Consumer Protection Act and many others.
With her achievements in the US Congress, along with personal records like being the first woman to hold the position of the Speaker of the US House of Representatives, Nancy is not only a financial inspiration to everyone but also an inspiration to those who seek a career in governance.