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Greatest investor? All you need to know about Nancy Pelosi's networth and investments amid insider trading allegations

Greatest investor? All you need to know about Nancy Pelosi's networth and investments amid insider trading allegations

Time of Indiaa day ago
White House Press Secretary
Karoline Leavitt
has weighed in on the controversy surrounding former House Speaker and current California Congresswoman Nancy Pelosi's wealth. Speaking to the press, Leavitt said, 'She makes, I think, $174,000 a year, yet she has a net worth of approximately $413 million. In 2024, Nancy Pelosi's stock portfolio grew 70%, outperforming every single large hedge fund that year and even more than doubling the returns of Warren Buffett's Berkshire Hathaway.'
So, what is Nancy Pelosi's actual net worth?
According to a previous report by the New York Post, Pelosi and her venture capitalist husband Paul Pelosi could have a combined net worth of around $413 million—an increase from $370 million in 2023. However, the report also notes that 'Pelosi's exact net worth is not known because lawmakers are only required to disclose in ranges.'
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Market analytics firm Quiver Quantitative, which tracks daily stock values to estimate figures, placed the couple's 2024 net worth at $257 million, up $26 million from the previous year.
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The discrepancy in these estimates stems from a number of undisclosed or difficult-to-value assets. The Post report highlighted that Pelosi's actual wealth could be significantly higher when accounting for holdings in a Napa Valley winery, ownership in a political data and consulting firm, and a stake in a Bay Area Italian restaurant.
A large portion of the couple's wealth reportedly comes from stock investments and timely trades, primarily conducted in Paul Pelosi's name. As of 2024, Quiver Quantitative estimates their stock holdings at $133.7 million, including shares in major tech firms like Apple, Amazon, Google, and Nvidia.
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Despite the controversies, Pelosi has consistently claimed she is not involved in her husband's investment decisions. She also supports a proposed bill to ban stock trading by members of Congress.
'The American people deserve confidence that their elected leaders are serving the public interest — not their personal portfolios,' Pelosi said.
Stock trading by lawmakers has long been a bipartisan issue, especially as many have seen their wealth grow while in office. During the COVID-19 pandemic, it emerged that several members of Congress traded stocks based on privileged information before it became public. Existing insider trading laws don't always apply to the kinds of briefings and updates lawmakers receive.
The proposed legislation would immediately prohibit elected officials—including the president—from buying stocks. It would also bar them from selling stocks for 90 days after the law is enacted. However, full divestment from covered investments would only be required at the start of the official's next term—effectively exempting a term-limited president from this requirement.
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time43 minutes ago

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Over 2 lakh forms requesting Mahadevi's return to Nandani Jain mutt sent to President

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