- Nancy Pelosi’s net worth grew from $123M in 2014 to $259M in 2024, despite a recent $14.5M decline due to tech stock losses.
- Major holdings like Amazon, NVIDIA, and Alphabet dropped sharply, while high-risk bets on Tempus AI saw gains.
- Pelosi denies involvement in family stock trades, reigniting debates over congressional stock trading ethics.
Former Speaker Nancy Pelosi recently attended President Donald Trump’s speech to Congress with a somber expression, but it wasn’t just politics on her mind. The California Democrat, who has seen her net worth skyrocket over the last decade, has taken a financial hit as key tech stocks in her portfolio plummeted due to market uncertainty.
Pelosi’s Wealth Doubles Despite Recent Declines
Over the past decade, Pelosi and her husband, Paul Pelosi, have grown their net worth from $123 million in 2014 to nearly $250 million in 2024, according to Quiver Quantitative. Their investments, primarily in big tech stocks like Google, Amazon, and NVIDIA, have proven highly profitable—until this year.
As of late January, Pelosi’s portfolio peaked at $270 million but has since seen a $14.5 million decline, according to Quiver co-founder Chris Kardatzke. Some of her largest holdings, including Amazon, Salesforce, and Crowdstrike, have experienced sharp losses, with Amazon alone dropping over 17%.
“We now estimate that Pelosi is worth just $259M,” Kardatzke shared.
Tech Stocks Underperform Amid Economic Uncertainty
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The ongoing tariff discussions under President Donald Trump have spooked markets, leading to volatility for tech-heavy portfolios. For the Pelosi family, this has meant significant losses in NVIDIA, which dropped from $140 to $110 per share since January. Similarly, Alphabet (Google) fell from $200 to $172, while Amazon shares slid from $230 to $200.
Although some investments—like Apple and Tempus AI—have seen modest gains, the losses elsewhere have outweighed the profits. Notably, the Pelosi family’s risk-heavy call option bets on Tempus AI have surged by 62% in under two months, highlighting their appetite for high-stakes investing.
Pelosi Denies Personal Involvement in Stock Trades
Despite scrutiny, Pelosi’s team insists she is not involved in managing the family finances. Spokesperson Ian Krager stated, “Speaker Pelosi does not own any stocks, and she has no prior knowledge or subsequent involvement in any transactions.”
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Congressional filings label their trades as being made by her “spouse,” Paul Pelosi, a venture capitalist known for his savvy investments. Together, they disclose holdings in major tech firms, including Apple, NVIDIA, Amazon, and Palo Alto Networks.
Criticism of Congressional Stock Trading Practices
Pelosi has long opposed efforts to ban stock trading by members of Congress. In 2021, she defended lawmakers’ ability to trade stocks, stating, “We are a free-market economy… lawmakers should be able to participate in that.” However, this stance has drawn criticism from progressive leaders and members of both parties, who argue that such practices create conflicts of interest.
For instance, Rep. Alexandria Ocasio-Cortez (D-NY) has called for stronger regulations, stating, “Members of Congress should not be allowed to buy and sell individual stock. We are here to serve the public, not to profiteer.” Similarly, Sen. Elizabeth Warren (D-MA) and Sen. Jon Ossoff (D-GA) have pushed for stricter reforms, though legislative efforts have stalled.
Stock Trading Rules Under Fire
Current regulations under the STOCK Act require lawmakers to disclose trades, but penalties for violations are minimal—often just a few hundred dollars. Critics argue this hardly deters unethical behavior, especially when trades involve tens of thousands or even millions of dollars.
Share Your Thoughts!
Should lawmakers like Pelosi be allowed to trade stocks while in office? What do you think of the losses they’ve faced recently? Share your opinions in the comments below and help spark the conversation. Don’t forget to share this article from The Dupree Report to stay informed about key political and economic stories.
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