Who is Nancy Pelosi and what is her net worth 2020? Nancy Pelosi is a politician from America who was the House Speaker from 2007 to 2011. She is the highest ranked female politician in the history America. She is currently the Minority Leader in the US House of Representatives. Pelosi is a member of the Democratic Party and was elected the Speaker of the House alongside Presidents George W. Bush and Barack Obama. From 2003 – 2007, she was the House Minority Leader. In November 2010, House Democrats elected her as the Democratic Leader. She is also the first Italian-American and the first woman to be the leader of a major party.
Nancy Patricia D’Alesandro Pelosi was born on March 26, 1940, in Baltimore, Maryland. She was born to parents Thomas D’Alesandro, Jr. and Annunciata M. “Nancy”. Her mother is from Italy and her father was the Mayor of Baltimore from the Democratic Party. She has got five siblings and her brother named Thomas D’Alesandro III was also the Mayor of Baltimore as a Democrat. From a very young age, she was involved in politics. Pelosi attended Institute of Notre Dame in Baltimore and completed her graduation in 1962 from Trinity Washington University with a bachelor’s degree in political science.
In 1963, Nancy Pelosi got married to Paul Pelosi. The couple has five children named Alexandra, Paul, Jacqueline, Christine, and Nancy Corinne. They also have eight grandchildren.
Following her marriage, Nancy Pelosi entered in Democratic politics in San Francisco. She later became friends with Phillip Burton. In 1976, she got elected to the Democratic National Committee from the state of California. In 1977, she became the chairperson of the party from Northern California. In 1985, she became the Finance Chair of the DSCC (Democratic Senatorial Campaign Committee).
In 1987, she was elected to the US House of Representatives by defeating Harriet Ross. She won the seat again in 1988 and has won ten times with a margin of more than 80 percent vote. In 2001, she was elected in the House Minority Whip. In 2007, she defeated John Boehner for the Speaker of the House.
Following that, she became the first Californian and the first woman to hold the post of a Speaker. In 2009, she re-elected as a Speaker. She was the permanent chair of the Democratic National Convention 2008 in Denver. She was elected as the minority leader in the 112th Congress. In September 2008, she visited Hiroshima in Japan for the G8 Summit meeting. She has criticized China for the unrest in Tibet.
She has also voted against Partial-Birth Abortion Ban Act of 2003. She favors background check of gun owners. She has also voted against Balanced Budget Proposed Constitutional Amendment 1995. Pelosi has also voted against Secure Fence Act of 2006. In November 2016, she defeated Tim Ryan to be the Minority House Leader.
Nancy Pelosi has been featured many times on the s list of the world’s 100 most powerful women by Forbes. In 2006, she was named as the Most Fascinating Person of the Year by Barbara Walters. In 2015, she was given the Grand Cordon of the Order of the Rising Sun from Japan. In 2007, Pelosi received Knight Grand Cross of the Order of Merit of the Italian Republic.
Net Worth of Nancy Pelosi
Nancy Pelosi has held various important posts in her career. She has voted against many bills and has met world leaders. Nancy Pelosi’s net worth is an estimated $125 million. Members of the Congress are not required to reveal their financial status. However, her net worth in 2014 was over $101 million making her the 8th wealthiest member of the Congress.
Her net worth in 2009 was $58 million and stood at #13 on the list of wealthiest Congress members. Her husband also has property worth $14 million. According to Roll Call’s Wealth of Congress Index, she has liabilities worth $13.46 million which also includes a mortgage on 7 properties.
Nancy Pelosi resides in San Francisco. She was the board member of NIAF (National Italian American Foundation) for 13 years. She is also the member of National Organization of Italian American Women. In her political career, she has enjoyed overwhelming support.