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Democrat Representative Nancy Pelosi, 85, recently announced that she will not seek reelection and will finally hang it up after decades in Congress. Her wealth has grown a staggering 2,297% during her 38 years in Congress, mostly thanks to unbelievable stock trades. Quiver Quantitative analysed her net worth and put it in the range of $278,760,000.
Pelosi is back in the news regarding her role in January 6 as The Blaze has named a Capitol Police officer as a 94% match for the person who planted the pipe bombs (read our article here).
Rep. Nancy Pelosi (D-CA), who recently announced that she will not seek reelection and will finally hang it up after decades in Congress, has long been scrutinized and criticized over her stock trading activities.
According to The Daily Caller, Pelosi's wealth has skyrocketed to unprecedented levels since she became a member of Congress.
Numbers revealed that since taking office, her wealth has grown a staggering 2,297% in 38 years in Congress, mostly thanks to unbelievable stock trades.
Many have said that Pelosi, who primarily trades through her husband, has a better return record than some of the best and most seasoned Wall Street traders. Somehow.
Of course, those same people draw the same conclusion that anyone would that Pelosi has likely used her office and the intimate knowledge of industry she's privy to, to score massive returns on the market.
Thanks to mandatory financial disclosures she's subject to because of her elected office, the public can get an idea of just how wealthy she's become since serving in the lower chamber.
The DC noted:
"The former House speaker, who announced Thursday that she will retire from Congress in 2027, had a $2,675,036 minimum net worth in the year she began serving and a $63,996,050 minimum net worth in 2024, according to a Daily Caller News Foundation analysis of assets and liabilities listed in her congressional financial disclosures."
But it gets even worse as Quiver Quantitative analysed her net worth and put it in the range of $278,760,000.
Her maximum net worth in 2024, as calculated, reaches up to $311,443,000.
Many assume that Pelosi has simply used her office to gain intel that allows her and her husband to make Wall Street trades that the most advanced traders can't even touch.