Posted on 06/15/2011 10:34:03 AM PDT by Sub-Driver
Pelosi's wealth grows by 62 percent By Kevin Bogardus - 06/15/11 12:46 PM ET
House Minority Leader Nancy Pelosi (D-Calif.) saw her net worth rise 62 percent last year, cementing her status as one of the wealthiest members of Congress.
Pelosi was worth at least $35.2 million in the 2010 calendar year, according to a financial disclosure report released Wednesday. She reported a minimum of $43.4 million in assets and about $8.2 in liabilities.
For 2009, Pelosi reported a minimum net worth of $21.7 million.
Speaker John Boehner (R-Ohio) also remained a multimillionaire. He reported that his minimum net worth in 2010 was close to $2.1 million, with zero liabilities. His 2009 minimum net worth was more than $1.8 million.
Forms disclosing the assets and liabilities of lawmakers for the 2010 calendar year were released Wednesday. The forms give a good estimate of lawmaker wealth, though they show ranges and not precise values for stocks, pension plans, vacation homes and other assets of lawmakers.
Pelosi saw her wealth rise due to some stock gains and real estate investments made by her husband, Paul.
Apple stock owned by Pelosi's spouse rose from at least $500,000 in 2009 to $1 million in 2010. The minority leader's husband also took a bigger stake in Matthews International Capital Management worth at least $5 million last year, compared to $1 million in 2009 and his investment in some undeveloped residential real estate in Sacramento, Calif., jumped to at least $5 million in value.
Paul Pelosi also has sizable assets in the United Football League, including $1 million in a partnership interest in a Jacksonville, Fla., franchise and $5 million in a partnership interest for the Sacramento Lions.
Who said we are in a recession. 62% growth ain’t bad.
I love how the article equates Pelosi and Boehner as both “multi-millionaires” even though she has, you know, like twenty times as much money as he does.
Ah, the bribes and graft just keep on coming for the Inner Circle. Shouldn’t she be buying the poor some healthcare with all that excessive wealth? Can you say Libracrite?
Obviously Nancy hasn’t yet reached the point where Obama thinks you’ve made enough money.
Democrats play the Libs for fools...
They tell them they must hate rich people, and then USE that hate to enrich themselves.
The hypocrisy and gullibility of the libs has never ceased to amaze me..
Interesting. And I thought all real estate was still tanking. Who knew?
Its not hard to make money when you are allowed to trade on inside information.
800 billion goes along way....since there is absolutely no accountability. Rat leaders have stolen billions.
stolen=stole
No wonder he's always crying, he considers himself *po* compared to Nancy.
Shouldn’t she volunteer to pay the preBush tax rates? You can bet she had an army of lawyers and accountants squeezing ever $$ from the IRS.
Pray for America
The hypocrisy doesnt stop there. Pelosi has received more money from the Hotel Employees and Restaurant Employees union than any other member of Congress in recent election cycles.
The multi-millionaire investors own a large stake in an exclusive resort hotel in Wine Country, the Napa Valley Auberge Du Soleil Resort. It has more than 250 employees. But none of them are in a union, according to Peter Schweizer, author of Do As I Say, (Not As I Do) Hypocrisy of Democrats and a regular contributor to the New York Times.
http://www.freerepublic.com/focus/f-news/1738226/posts
Pelosi’s numbers are way low. They are worth closer to 100 million
See? The recession’s over.
They MAKE the laws SO they can profit from them.
They make Madoff proud.
How can I make sure I boycott anything Nancy might profit from?
Is she a rich Republican?
That 2.7 trillion from tarp and the baiilouts ahs sure helped a buinch of congresscrittters. Look at ollie Snowe, went into congress with under 250K now worth some 50Million, not bad on her salary.
So Boehner has $2 M or so and that's supposed to be in the same league as Pelosi with her $40 M or so?
How ridiculous these reporters are.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.