What is former Speaker of the House Nancy Pelosi’s net worth?

On Friday, December 13, an ominous date already, former Speaker of the House Nancy Pelosi was hospitalized after sustaining an injury on an official trip to Luxembourg.

According to the California Congresswoman’s office, she is in good spirits, and although she will not be able to rejoin the other delegates, she has received excellent care.

The former Speaker held the gavel in the House of Representatives from 2019 to 2022, when Republicans retook control of the chamber. During that change in party control, she also handed her leadership position to New York Congressman Hakeem Jefferies, who now serves as the Democratic Majority Leader in the House. However, her career as Speaker also includes a stint during the Bush and Obama administrations from 2007 to 2011, when she came into power after the Democrats seized a majority in the 2006 midterm elections.

Pelosi’s net worth and her controversial investment strategy

Pelosi’s long career in Washington began in 1987, and at 84 years old, she has not indicated that she plans to retire.

In recent years, the Congresswoman and many of her colleagues on both sides of the aisle have been accused of abusing their power for self-enrichment. Quiver Quantitative, a site dedicated to tracking financial data, estimated Pelosi’s net worth to be around $272 million in 2023, up from $121 million a decade ago.

The site shows that since 2014, the stock market has seen an average increase of around 221 percent, but the value of Pelosi’s portfolio has grown a staggering 818 percent. The wide discrepancy between the market average and the Congresswoman’s gains is often used as evidence that she uses confidential information to inform her investment strategy.

As one of Washington’s most powerful people for decades, Pelosi has had access to information that the public does not. If lawmakers can use this insider knowledge to their advantage when buying and selling stocks and other assets, this raises ethical issues for Washington more broadly.

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