Nancy Pelosi Net Worth 2022 – Salary, Income, Earnings

Nancy Pelosi Net Worth

Nancy Pelosi has an estimated net worth of $120 million. Politician Nancy Pelosi became the first female Democratic leader of the House of Representatives and the first female speaker of the House. She earns the majority of her income from her political career, real estate, and stock investments. 

Nancy Pelosi began her political career as a volunteer and gradually rose through the ranks until she made the leap to public office in a 1987 special election for California’s Eighth District. She became the first female Democratic leader in the House of Representatives and the first female Speaker of the House.

To calculate the net worth of Nancy Pelosi, subtract all her liabilities from her total assets. Investments, savings, cash deposits, and any equity she has in a house, car, or other similar asset are included in the total assets. All debts, such as student loans and credit card debt, are included in total liabilities.

Here’s the breakdown of her net worth:

Name: Nancy Pelosi
Net Worth: $120 Million
Monthly Salary: $25 Thousand
Annual Income: $10 Million
Source of Wealth: Political career, Investments

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Early Life and Career

Nancy D’Alesandro Pelosi was born on March 26, 1940, in Baltimore, Maryland. Pelosi continues a family tradition of political involvement. Her father was a member of Congress and the mayor of Baltimore for 12 years, and her brother Thomas was also a mayor of Baltimore.

In 1962, Pelosi graduated from Trinity College in Washington, D.C. She met Paul Pelosi while she was a student there. They later married and settled in San Francisco. Nancy Corinne, Christine, Jacqueline, Paul, and Alexandra were their five children.

Pelosi entered politics gradually, beginning as a volunteer for the Democratic Party while focusing on raising her family. She threw parties and worked on campaigns. Pelosi rose through the ranks of the Democratic Party, serving as a California delegate to the Democratic National Committee from 1976 to 1996. She was also the California Democratic Party’s state and northern chair.

Entering Congress

Pelosi first ran for public office in 1987, when she won a special election in California’s Eighth Congressional District, which includes San Francisco. She has served on the Appropriations Committee and the Permanent Select Committee on Intelligence as a member of the House of Representatives. Pelosi has been a vocal advocate for increased funding for health research as well as other health care and housing programs and initiatives. She also works to protect human rights and the environment.

Pelosi was elected as the Democratic leader of the House of Representatives in 2002, making her the first woman in history to do so. Four years later, she broke new ground for women in American politics once more. Pelosi was elected as the first female speaker of the House after the Democrats won majorities in both the House and the Senate in the 2006 midterm elections.

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Speaker of the House

Pelosi was a divisive figure in the House as the leader of the Democratic Party under a Republican president. She was a vocal critic of President George W. Bush’s stance on the war in Iraq, advocating for troop withdrawal from the region. In 2009, Pelosi became embroiled in a controversy when the CIA claimed that she was made aware of its use of waterboarding on terrorism suspects, a technique that Pelosi had vocally opposed. Pelosi refuted the CIA’s allegations.

Pelosi advocated for the creation of better-paying jobs, universal access to college education, and affordable health care for all, as well as a revision of energy policy that emphasized cleaner, more efficient domestic alternatives.

Pelosi was in a position to work with a president of the same party after the election of Barack Obama in 2008. She was a driving force behind the health-care reform legislation that became the Affordable Care Act (Obamacare) in 2010, earning her even more criticism from Republicans.

Minority Leader

Pelosi served as House Speaker until November 2010, when Republicans took control of the House and elected John Boehner to the position, demoting Pelosi to minority leader.

As the top Democrat in the House, Pelosi faced criticism for her party’s losses as well as challenges to her leadership. In 2016, Ohio Congressman Tim Ryan attempted but failed to replace her as minority leader.

Pelosi delivered a marathon speech on the House floor on February 7, 2018, to protest legislation that did not protect “Dreamers,” the children of undocumented immigrants. Using the “magic-minute rule,” which allows House leaders to speak for as long as they want, Pelosi read Dreamers’ testimonies and recited Bible passages, standing for eight hours and seven minutes, a House record dating back to at least 1909.

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Return to Speaker Role

After Democrats reclaimed control of the House in the 2018 midterm elections, Pelosi was re-elected House Speaker at the start of 2019, putting her at odds with President Donald Trump over his demand for $5.7 billion for a border wall.

The impasse escalated into a 35-day government shutdown, with the speaker drawing the majority of the president’s ire for her control over congressional funding. However, shortly after Pelosi effectively canceled the traditional State of the Union address, scheduled for January 29, President Trump agreed to reopen the government for a limited time.

Following the passage of a funding bill by Congress that included only $1.375 billion for the border wall, Trump declared a national emergency on February 15, allowing him to divert funds from other projects to his wall. Pelosi responded by scheduling a vote in the House on legislation to end the national emergency, increasing the pressure on Senate Republicans to take a stand on the issue. The gamble paid off when the Republican-controlled Senate voted to repeal the national emergency, forcing Trump to issue his first veto of the presidency.

The speaker found herself increasingly at odds with her party’s progressive wing, particularly a group of four freshman congresswomen known as “the Squad” — Alexandria Ocasio-Cortez of New York, Ilhan Omar of Minnesota, Ayanna S. Pressley of Massachusetts, and Rashida Tlaib of Michigan. Pelosi responded to the outspoken quartet’s criticism of her negotiations after they voted against an emergency border funding bill in June. “Everyone has their public whatever and their Twitter world,” she explained to The New York Times. “However, they lacked a following. They are four people, and they received four votes.”

Pelosi and the Squad quickly re-united in their opposition to Trump after the president launched a Twitter tirade in which he said the four congresswomen of color should “return” to their home countries. The speaker led a vote in mid-July to formally condemn Trump’s remarks as racist, the first House rebuke of a president in more than 100 years.

Pelosi was elected to a fourth term as House Speaker in January 2021 by a vote of 216-208.

Impeachment of Donald Trump

After months of resisting progressive calls to initiate impeachment proceedings against President Trump, Pelosi announced in September 2019 that the House would launch a formal impeachment inquiry. The breaking point came when reports surfaced that Trump had withheld military aid to Ukraine in order to put pressure on its government to investigate the actions of 2020 presidential candidate Joe Biden’s son. The speaker stated, “The president must be held accountable.” “There is no one above the law.”

The Pelosi-led House took the next step on October 31 by passing a resolution establishing rules for the impeachment process, paving the way for public hearings to begin on November 11. On December 10, House Democratic leaders unveiled two articles of impeachment against the president, accusing him of abuse of power and obstructing Congress.

The House voted almost entirely along party lines for the two articles of impeachment on December 18, 2019, one day after Pelosi received a scathing letter from the president slamming the “invalid” process. The speaker then postponed relaying the articles to the Senate in the hopes of securing terms for a fair trial in the Republican-controlled upper chamber, before finally proceeding on January 15, 2020.

Pelosi had little choice but to send a team of House impeachment managers to argue the Democrats’ case, as Senate Republicans voted against allowing additional witnesses and expressed their belief that the president’s behavior did not warrant removal from office.

Her strained relationship with Trump was on full display during his televised State of the Union address on February 4, with the president seemingly snubbing her attempted handshake and the speaker later ripping up a copy of his speech. The following day, the Senate voted along party lines to acquit Trump on both charges, bringing the impeachment saga to a close.

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