Paul Pelosi Net Worth Explored as Nancy Pelosi’s Husband Buys Million Worth Shares
2 min read
Nancy Pelosi, 81-year-old, an American politician who is serving as speaker of the United States House Of Representatives since 2019. She pushed back on the thought of lawmakers being banned from trading in the stock market individually.
At the same time, her husband, Paul Pelosi, 81-year-old, an American businessman, acquired shares. He purchased the million worth of shares in Google’s parent company Alphabet, Disney, and Salesforce. Earlier this month, Nancy Pelosi and Paul Pelosi attended the 44th Kennedy Center Honors. It was at The Kennedy Center, Washington, DC. Paul also purchased Roblox, Reoff XX, and Micron Technology shares. Read more to know more!
What Did Nancy Pelosi Say?
During a press conference held on December 15, Nancy Pelosi said that We are a free market economy. The lawmakers should be able to participate in it. Just after some days of this statement, her husband invested around $500,001 to 1 million dollars in stock of Alphabet and Disney with $100,001 to $250,000.
Not Just this, Paul Pelosi also acquired two shares of Salesforce worth- $100,001 and $250,000 and $500,001 and $1 million respectively. The other share in which he invested was of Roblox’s share of worth around $250,001 and $500,000. The list does not end here as he bought other shares too. In Micron Technology, he invested $250,001 and $500,000. Reoff XX stocks worth $50,001-$100,000 were also taken by Paul Pelosi. So in total if we see, he invested around $1,750,007 to $3,600,000 starting from December 7 to December 22, 2021.
Nancy’s office has dismissed her involvement in this trading. It stated that the US Speaker does not have ownership of any stock. Further, it added, the transactions are marked as SP which stands for a spouse. The Speaker has no prior information or subsequent partnership in any transaction, the office stated.
Net Worth Of Paul Pelosi Explored
Paul Pelosi is an American Businessman, who is considered a prolific stock trader. He owns and operates Financial Leasing Services. Paul and Nancy married each other in 1963 and are together since then. The pair have five children and are grandparents to three kids. The estimated net worth is $120 million. Paul is a successful and wealthy businessman. He has ownership of many luxurious homes and spends his wealth on different investment deals and real estate. Paul acquired large stakes in Disney, Apple, Facebook, Tesla and Comcast. His real estate portfolio is worth $25 million.
