In what is a shocking statistic, US politician Nancy Pelosi has seen her estimated net worth reach an all-time high figure of $271 million. Indeed, the 84-year-old is the 52nd speaker of the US House of Representatives, serving two nonconsecutive terms: from 2007 to 2011, and from 2019 to 2023.
The democratic candidate has been mired in insider trading allegations throughout her political career. In June of this year, the politician had made 20 times her salary in a single trade. Specifically, the speaker and her husband, Paul Pelosi, have gained almost $4 million from Nvidia (NDA) call options.
JUST IN: US Congresswoman Nancy Pelosi’s estimated net worth rises to an all-time high of $271,000,000.
How is this possible? pic.twitter.com/C4szifOsgx
— Watcher.Guru (@WatcherGuru) December 6, 2024
Also Read: Nancy Pelosi Buys $5M Worth of Nvidia Call Options
Nancy Pelosi Net Worth Hits All-Time High Following Trump Election Win
Throughout November, several US finance markets have been surging. After Donald Trump won the 2024 presidential election, the stock market enjoyed a record day. Moreover, his win had propelled Bitcoin to reach a six-figure price for the first time in its history. However, one individual seemingly benefiting is someone many wouldn’t have expected.
The first female Speaker of the House, Nancy Pelosi, has seen her estimated net worth reach an all-time high of more than $271 million. Indeed, data from Quicker Quantitative notes the surging net worth of the US politician. Moreover, they disclose Pelosi has holdings in some of the largest corporations in America, including Apple (APPL), Microsoft (MSFT), and Amazon (AMZN).
Source: NPR
Also Read: Nancy Pelosi Makes $10M in Just 22 Days
Stock trading by members of Congress is allowed but has faced increased criticism from both sides of the political aisle. For Pelosi, a remarkable $111 million of her net worth is serviced from the stock market. Moreover, she has steadily increased her value almost every year since 2016.
There are concerns that politicians are privy to information that could move markets. Therefore, their holdings could potentially be based on insider information that will allow inflation in their asset value. This has long been a criticism of Pelosi. Earlier this year, her gain from a surging Nvidia was well documented.
