What is Paul Pelosi’s Net Worth?
Paul Pelosi, husband of United States Senator Nancy Pelosi, has a net worth of $120 million. He is the founder of Financial Leasing Services, a San Francisco-based real estate and venture capital investment and consulting firm. Pelosi also owned the now-defunct Sacramento Mountain Lions of the United Football League and holds stakes in companies like Facebook, Apple, Comcast, and Disney.
In recent years, Pelosi has been involved in several notable incidents, including a May 2022 arrest for driving under the influence in Napa County, California, and an October 2022 home invasion at their San Francisco mansion.
Paul and Nancy Pelosi’s Net Worth
According to their most recent wealth disclosure, Paul and Nancy Pelosi have an estimated net worth of between $43 million and $202 million, depending on the value of their real estate assets, stock investments, and other private assets.
The Pelosi’s real estate assets primarily consist of multiple homes in California, located in San Francisco and Napa, with a total value of over $25 million.
Early Life and Education
Paul Pelosi was born on April 15, 1940 in San Francisco, California. He attended St. Ignatius High School before pursuing his bachelor of science degree in foreign service at Georgetown University in Washington, DC. It was during his time at Georgetown that he met his future wife, Nancy Patricia D’Alesandro. Pelosi went on to earn his MBA from New York University’s Stern School of Business.
Paul has an older brother named Ron, who has worked in finance, mediation, and arbitration.
Paul Pelosi’s Business Ventures
Paul Pelosi’s most successful business venture has been Financial Leasing Services, a real estate and venture capitalist investment and consulting firm based in San Francisco. He and his wife have amassed a personal fortune of over $100 million through the company. Pelosi is also the chair of the Foreign Service Board at Georgetown University and has investments in major companies such as Apple, Facebook, Walt Disney, Comcast, Microsoft, Nvidia, Amazon, and the real estate group Russell Ranch. In June 2021, he purchased approximately $4.8 million worth of shares in Alphabet, the parent company of Google.
Aside from his involvement in Financial Leasing Services, Pelosi invested in the Oakland Invaders of the United States Football League and purchased the California Redwoods for $12 million in 2009. The team later moved to Sacramento and was renamed the Sacramento Mountain Lions. Pelosi owned the team until the United Football League folded during the 2012 season, resulting in a loss of around $5 million.
Family and Personal Life
Paul Pelosi married Nancy D’Alesandro in 1963 at the Cathedral of Mary Our Queen in Baltimore. The couple has five children, including Alexandra Pelosi, a journalist and documentary filmmaker, and Christine Pelosi, a Democratic strategist in California. Paul Jr., an investor, was charged with securities fraud in 2014 in relation to his company Natural Blue Resources. Despite his wife’s involvement in politics, Paul Pelosi generally prefers to stay out of the public eye.
However, he did get involved in 1986 when Nancy ran for the House to represent the 5th district of California. Additionally, Pelosi sometimes appears at campaign events in the state.
Paul Pelosi’s Connection to Gavin Newsom
Contrary to some rumors, Paul Pelosi is not Gavin Newsom’s uncle. However, there is a family connection between the two. Paul’s brother, Ron Pelosi, married Barbara Newsom, Gavin’s father’s sister, in 1956. Ron and Barbara divorced in 1977, meaning that Nancy Pelosi was Gavin Newsom’s aunt-by-marriage’s sister-in-law for the first ten years of his life. To put it in simpler terms, if you have an aunt named Katie who was at one point married to a man named Joe Example, Joe’s brother Bill Example and his wife Sarah would not be considered your uncle and aunt, respectively. It’s important to note that this connection is distant and has not had any significant impact on the professional lives of either Paul Pelosi or Gavin Newsom.
Pelosi’s Properties and Real Estate Holdings
Nancy Pelosi and her husband own a combined home and vineyard in St. Helena, California that has a value ranging from $5 million to $25 million. They also possess a townhome in Norden and two commercial buildings in San Francisco.
Paul Pelosi Guilty of DUI
In May 2022, Paul Pelosi, husband of House Speaker Nancy Pelosi, was arrested for driving under the influence in Napa County. He caused an accident with another car at an intersection while driving his Porsche SUV. He spent the evening in jail and was subsequently charged with DUI.
In August 2022, Paul pleaded guilty to the charge and was sentenced to pay a $6,800 fine, serve five days in jail, and serve three years of probation.
Attacked with a Hammer, Paul Pelosi Spent Days in Hospital
Paul Pelosi, a resident of San Francisco, was attacked by a deranged man wielding a hammer on October 28, 2022. The attack occurred in his home. Following the incident, Paul underwent skull surgery and spent several days in the hospital.
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