POLITICAL | Monday, December 16

Pelosi Hits $10M in Profit in December, $273M Net worth


Currently serving as Speaker Emerita of the House of Representatives and continues to represent California's 11th Congressional District, Nancy Pelosi has had quite the incredible trading year, with a current net worth of $273 million. Quite a number when you consider that she currently earns $174,000 per year as a member of Congress. Mind you, back when she was Speaker of the House, her annual salary was $223,500, but still, the writing on the wall is pretty clear when you look at the graph, which is data courtesy of Quiver Quantitate.

Presently, in November, Pelosi has seen profits up to $10 million, while others, like Gotteheimer and Romney, only saw $1 million or so. One can only deduce that Pelosi is genuinely enjoying the high-flying, very green market of the times, but what is she holding to see such figures?

Digging deeper, Pelosi reveals a strategic concentration in top-tier tech stocks and premium California real estate (she resides in San Francisco), with positions sized between $5-25 million in Amazon (AMZN), Alphabet (GOOGL), and Microsoft (MSFT), alongside a notably more significant $25-50 million stake in Apple (AAPL). Her real estate holdings include three prime California properties: a commercial building at 45 Belden Place, a commercial property at 25 Point Lobos, and an estate at 11 Zinfandel Lane featuring both residential and vineyard assets. All positions were reported in 2023 with a May 15, 2024 filing date, and most are held through SP (Separate Property) designation, except the vineyard property, designated as JT (Joint Tenancy). 

This concentrated portfolio, heavily weighted toward mega-cap tech and premium real estate, showcases a clear bias toward dominant market leaders and high-value California property assets—positions that have historically benefited from legislative tailwinds and the region's sustained growth trajectory.

Pelosi's voting record and policy positions align quite well with her port. She was a driving force behind the Infrastructure Investment and Jobs Act, championing over $500 billion in new funding, with massive allocations toward technology demonstration projects and digital infrastructure directly impacting companies like Microsoft and Alphabet's cloud computing divisions. The FIT21 Act, which she vocally supported in May 2024, established favorable regulatory frameworks for digital assets (she has yet to dip her toe into Bitcoin or crypto) while her family maintained positions in the tech companies developing these technologies. Most tellingly, her public stance on tech antitrust regulation has appeared strategically measured—endorsing bipartisan efforts to rewrite antitrust laws while effectively slow-walking meaningful reforms that could impact her portfolio's cornerstone holdings. 

While Pelosi has consistently defended her trading activities as legal and adequately disclosed, the alignment between her legislative influence and investment positions is precise.