Nancy Pelosi claims to fight for the working class.
But her bank account tells a different story.
And Nancy Pelosi made one jaw-dropping amount of money that has Republicans demanding answers.
Nancy Pelosi’s fortune exploded by tens of millions in 2024
Former House Speaker Nancy Pelosi (D-CA) has long faced scrutiny over her remarkable stock market performance.
Now new financial disclosures show just how lucrative her investments have become.
Pelosi and her venture capitalist husband Paul earned between $7.8 and $42.5 million in 2024 alone, according to new financial filings reported by the New York Post.
That substantial increase boosted the couple’s estimated net worth to approximately $413 million.
This represents a significant jump from their 2023 net worth of $370 million.
Market research firm Quiver Quantitative calculated their worth at $257 million based on daily stock values, showing a $26 million increase from the previous year.
The exact figure remains unclear because lawmakers are only required to disclose ranges rather than specific amounts.
But even the conservative estimates show Pelosi accumulated more wealth in one year than most Americans will see in multiple lifetimes.
Pelosi’s trades raised serious questions about insider information
The timing of the Pelosi family’s stock transactions has attracted attention from ethics observers.
In July, Paul Pelosi sold 5,000 shares of Microsoft stock valued at approximately $2.2 million.
This transaction occurred months before the Federal Trade Commission announced an antitrust investigation into the technology company.
The couple also divested 2,000 shares of Visa stock worth approximately $525,000 less than three months before the Department of Justice filed a monopoly lawsuit against the credit card company.
But their most successful investment may have been exercising a call option in December for NVIDIA stock.
The couple purchased the option in late 2023 for an estimated premium of $1.8 million.
This enabled them to buy 50,000 shares of the AI chip stock for just $12 per share.
That price was less than one-tenth of NVIDIA’s market value at the time.
In total, the couple paid an estimated $2.4 million for the investment, which is now worth more than $7.2 million on paper.
AI investments proved particularly lucrative for the Pelosis
NVIDIA wasn’t the couple’s only artificial intelligence play in 2024.
They also purchased a call option on California cybersecurity company Palo Alto Networks in February.
Pelosi bought the shares the same week the White House briefed lawmakers on a serious national security threat related to Russia.
Palo Alto Networks’ shares jumped by nearly 20% after her investment.
The option allowed the pair to acquire 14,000 shares at a $100 strike price in December.
That was half the stock’s trading value at the time.
The company has been crushing earnings over the past year, and the investment is now worth around $2.8 million.
The couple did suffer one setback when they sold 2,500 shares of Elon Musk’s Tesla in June.
They lost somewhere between $100,000 and $1 million on that trade.
Pelosi’s portfolio crushed professional hedge funds
Despite that Tesla loss, the Pelosi investment portfolio delivered an estimated 54% return in 2024.
That’s more than double the S&P 500’s 25% gain for the year.
Even more remarkably, their returns beat every large hedge fund tracked by Bloomberg in their end-of-year tally.
Professional money managers with teams of analysts and sophisticated trading systems couldn’t match what Pelosi allegedly accomplished.
The formidable profits come amid growing calls to ban Congress members from trading individual stocks.
Critics argue lawmakers have access to market-moving information ahead of the public.
Republican Senator Josh Hawley of Missouri has been particularly vocal about this issue.
He even named a bill "The PELOSI Act" after the former Speaker due to her notorious trading success.
Pelosi softened her stance on trading restrictions
Pelosi previously rejected calls for a Congressional trading ban.
"We’re a free‑market economy," she stated when pressed on the issue.
But she has since softened her stance amid growing criticism from both parties.
When asked in May whether Congress should pass a trading ban, she replied, "If they do, they do."
A spokesperson for Pelosi told The Post that "Speaker Pelosi does not own any stocks, and she has no prior knowledge or subsequent involvement in any transactions."
The trades are all conducted in Paul Pelosi’s name, though critics note the couple would naturally discuss major financial decisions.
The money train keeps rolling in 2025
The couple appears to be off to another profitable start in 2025.
In January, they bought call options for artificial intelligence health firm Tempus AI.
The company has since inked a $200 million deal with AstraZeneca and doubled its stock price.
They also took out call options for energy company Vistra.
That stock climbed after the company unveiled a massive $1.9 billion deal to acquire natural gas facilities across the country.
The pattern of perfectly timed investments continues to fuel questions about whether members of Congress should be allowed to trade individual stocks.
While Pelosi claims to fight for working families, her investment success suggests she’s playing by a different set of rules.
The American people deserve to know whether their elected officials are using inside information to enrich themselves.
