Here’s How Nancy Pelosi Got Filthy Rich In Congress
California Democratic Rep. Nancy Pelosi’s wealth increased by at least 2,292 percent, largely from stock trading, during her 37 years in Congress.
The former House speaker, who announced Thursday she would retire from Congress in 2027, had a minimum net worth of $2,675,036 the year she began serving and a minimum net worth of $63,996,050 in 2024, according to a Daily Caller News Foundation analysis of assets and liabilities listed in her financial filings to Congress. An analysis by Quiver Quantitative more accurately estimates his current net worth at $278,760,000 million.
Pelosi’s peak net worth in 2024 was estimated at $311,443,000, according to her filings. Lawmakers did not announce maximum dollar amounts in 1987, the year Pelosi served her first term. (RELATED: EXCLUSIVE: Senator Slams ‘Activist Judge’ for Approving Jack Smith’s Investigation of Republican Lawmaker)
Representative Nancy Pelosi (D-CA) bangs the gavel she used in the House of Representatives 14 years earlier when the Affordable Care Act was passed during a press conference to mark the anniversary at the U.S. Capitol March 21, 2024 in Washington, DC. (Photo by Chip Somodevilla/Getty Images)
The 85-year-old congresswoman’s portfolio nearly doubled the growth of the S&P 500 in 2024, DCNF previously reported. Her wealth has sparked calls for reform of the rules governing stock trading by lawmakers, as well as suspicions that she engaged in illegal insider trading based on advanced knowledge of industry trends. Her office has denied the allegations, saying she does not personally own shares and has no prior knowledge or subsequent involvement in any transactions. Her husband, Paul, manages her businesses.
Pelosi’s office did not respond to DCNF’s request for comment.
The lawmaker announced her support for Republican-backed legislation banning stock trading between members of Congress, presidents and vice presidents in July — the same day Trump said she should be investigated for possible insider trading, the Daily Caller previously reported.
“We must have strong transparency, robust accountability and strong enforcement of financial conduct in power, because the American people deserve to be confident that their elected leaders serve the public interest – not their personal pocketbooks,” Pelosi said.
The Senate Homeland Security and Governmental Affairs Committee advanced the bill on July 30.
Melissa O’Rourke contributed to this report.
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