- House Speaker Nancy Pelosi announced a formal impeachment inquiry into President Donald Trump on Sept. 24.
- As a couple, Pelosi and her husband have a combined net worth between -$42.8 million and $236.2 million.
- Pelosi regained her role as speaker of the House in January 2019.
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House Speaker Nancy Pelosi announced on Sept. 24 that Congress would be launching a formal impeachment inquiry into President Donald Trump. The announcement followed news that, during a phone call, Trump had pressed the Ukranian president to investigate former Vice President Joe Biden’s son, CNN reported. Roughly one week before the call, Trump had asked his acting chief of staff, Mick Mulvaney, to put a hold on military aid to Ukraine.
During the announcement of the impeachment inquiry, Pelosi said, “The president must be held accountable. No one is above the law.” Trump responded to the announcement in a series of tweets, calling the impeachment inquiry “presidential harassment.” He also promised to release an “unredacted transcript” of his call with the Ukranian president.
Only three previous presidents have been subjected to impeachment proceedings: Andrew Johnson, Bill Clinton and Richard Nixon. Johnson and Clinton were both acquitted, and both completed their terms in office. Nixon resigned to avoid impeachment.
In the wake of Pelosi’s history-making announcement, GOBankingRates explored her life and fortune.
Birthdate: March 26, 1940
Net worth: -$42.8 million to $236.2 million
Primary source of income: Congressional salary
Career highlight: First woman speaker of the House of Representatives
Nancy Pelosi’s Net Worth: -$42.8 Million to $236.2 Million
As the veteran congresswoman representing California’s 12th District, Pelosi is rooted in politics. Her father, Thomas D’Alesandro Jr., served as Baltimore’s mayor and as a five-term Maryland congressman. Her political ambitions began while she was an unpaid intern for a Democratic senator in 1962. Pelosi, who now has decades of experience as a civil servant, was elected to Congress in 1987.
A financial disclosure report she filed in May 2019 reveals a broad range of potential values for Pelosi and her husband’s combined net worth. With between $54.5 million to $256.3 million in assets and $20.1 million to $97.3 million in liabilities, the couple could be anywhere from nearly $43 million in debt to over $236 million in the black.
In February 2018, Roll Call pegged her net worth at $16 million and ranked her as the 30th-richest member of the 115th Congress.
Pelosi’s past annual salary when she served as minority leader was $193,400. In January 2019, she regained her role as speaker of the House, which comes with a $223,500 salary.
Nancy Pelosi’s Husband and Properties
The majority of Pelosi’s wealth is attributed to the success of her husband, Paul Pelosi, who is an investor and a real estate tycoon. The speaker and her husband share an estate and vineyard in Northern California’s wine country estimated to be worth between just over $5 million and $25 million. The couple sold a townhome near a ski resort in Norden, California, for $1.53 million in 2016, the Los Angeles Times reported.
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