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Pelosi's success in stock trading attracted media attention in the summer of 2021, leading to efforts to strictly control individual stock ownership by members of Congress.<ref>{{cite news|title=Stock Trading Ban for Lawmakers Gains Momentum on Capitol Hill | url=https://www.nytimes.com/2022/02/09/us/politics/pelosi-stock-trading-congress.html | access-date=September 2, 2022 | newspaper=The New York Times|date=February 9, 2022|first=Jonathan|last=Weisman}}</ref><ref>{{cite news|title=Pelosi's Husband Locked In $5.3 Million From Alphabet Options|url=https://www.bloomberg.com/news/articles/2021-07-07/pelosi-s-husband-locked-in-5-3-million-from-alphabet-options|access-date=September 2, 2022|date=July 8, 2021|work=Bloomberg|first1=Billy|last1=House|first2=Anna|last2=Edgerton}}</ref><ref>{{cite news|title=TikTokers Are Trading Stocks By Copying What Members Of Congress Do| url=https://www.npr.org/2021/09/21/1039313011/tiktokers-are-trading-stocks-by-watching-what-members-of-congress-do | work=NPR|first=Tim|last=Mak|date=September 21, 2021|access-date=September 2, 2022}}</ref> This surge in attention came after investors started watching his activity and copying his trades on ],<ref>{{Cite web |title=TikTokers Are Trading Stocks By Copying What Members Of Congress Do |url=https://www.npr.org/2021/09/21/1039313011/tiktokers-are-trading-stocks-by-watching-what-members-of-congress-do |website=NPR}}</ref> a platform that has since been banned in the ] by Congress.<ref>{{Cite web |last=Fung |first=Brian |date=2024-04-24 |title=Biden just signed a potential TikTok ban into law. Here’s what happens next {{!}} CNN Business |url=https://www.cnn.com/2024/04/23/tech/congress-tiktok-ban-what-next/index.html |access-date=2025-01-02 |website=CNN |language=en}}</ref> Pelosi's success in stock trading attracted media attention in the summer of 2021, leading to efforts to strictly control individual stock ownership by members of Congress.<ref>{{cite news|title=Stock Trading Ban for Lawmakers Gains Momentum on Capitol Hill | url=https://www.nytimes.com/2022/02/09/us/politics/pelosi-stock-trading-congress.html | access-date=September 2, 2022 | newspaper=The New York Times|date=February 9, 2022|first=Jonathan|last=Weisman}}</ref><ref>{{cite news|title=Pelosi's Husband Locked In $5.3 Million From Alphabet Options|url=https://www.bloomberg.com/news/articles/2021-07-07/pelosi-s-husband-locked-in-5-3-million-from-alphabet-options|access-date=September 2, 2022|date=July 8, 2021|work=Bloomberg|first1=Billy|last1=House|first2=Anna|last2=Edgerton}}</ref><ref>{{cite news|title=TikTokers Are Trading Stocks By Copying What Members Of Congress Do| url=https://www.npr.org/2021/09/21/1039313011/tiktokers-are-trading-stocks-by-watching-what-members-of-congress-do | work=NPR|first=Tim|last=Mak|date=September 21, 2021|access-date=September 2, 2022}}</ref> This surge in attention came after investors started watching his activity and copying his trades on ],<ref>{{Cite web |title=TikTokers Are Trading Stocks By Copying What Members Of Congress Do |url=https://www.npr.org/2021/09/21/1039313011/tiktokers-are-trading-stocks-by-watching-what-members-of-congress-do |website=NPR}}</ref> a platform that has since been banned in the ] by Congress.<ref>{{Cite web |last=Fung |first=Brian |date=2024-04-24 |title=Biden just signed a potential TikTok ban into law. Here’s what happens next {{!}} CNN Business |url=https://www.cnn.com/2024/04/23/tech/congress-tiktok-ban-what-next/index.html |access-date=2025-01-02 |website=CNN |language=en}}</ref>

Largely escaped public attention, government disclosures show that Pelosi’s private holdings, such as the ] resort and ], received ] taxpayer funds, including the ] (PPP) and the ].<ref>{{cite news |title=Nancy Pelosi Profited as Luxury Napa Resort Won COVID-19 Bailout |url=https://www.realclearinvestigations.com/articles/2024/12/18/nancy_pelosi_profited_as_luxury_napa_resort_won_covid-19_bailout_1078263.html/ |access-date=December 25, 2024 |work=www.realclearinvestigations.com}}</ref><ref>{{cite news |title=Firm Linked to Pelosi’s Husband Got Virus Loan, Data Show |url=https://www.washingtonpost.com/business/on-small-business/firm-linked-to-pelosis-husband-got-virus-loan-data-show/2020/07/06/ddbfe428-bfbd-11ea-8908-68a2b9eae9e0_story.html/ |access-date=December 25, 2024 |work=www.washingtonpost.com}}</ref><ref>{{cite news |title=$14M in relief funds find members of Congress and family |url=https://rollcall.com/2020/07/08/14m-in-relief-funds-find-members-and-family/ |access-date=December 25, 2024 |work=www.rollcall.com}}</ref>


Pelosi and his wife own part of an entity that acquired a commercial office property in ] in 2024.<ref name=":2">{{Cite web |date=2024-09-19 |title=The markets are still out on SF real estate — but Nancy Pelosi is all in |url=https://sfstandard.com/2024/09/19/pelosis-take-part-in-sf-real-estate-reset/ |access-date=2025-01-02 |website=The San Francisco Standard |language=en}}</ref><ref name=":4">{{Cite web |last=Staff |first=T. R. D. |date=2024-09-20 |title=Nancy and Paul Pelosi double down on SF commercial real estate |url=https://therealdeal.com/sanfrancisco/2024/09/20/nancy-and-paul-pelosi-expand-sf-commercial-portfolio/ |access-date=2025-01-02 |website=The Real Deal |language=en}}</ref> The prior year, they made an investment in a real estate venture, Flynn and Highgate, led by businessman Greg Flynn.<ref name=":2" /><ref name=":4" /> The company purchased the ] on ].<ref name=":2" /><ref name=":4" /> Pelosi and his wife own part of an entity that acquired a commercial office property in ] in 2024.<ref name=":2">{{Cite web |date=2024-09-19 |title=The markets are still out on SF real estate — but Nancy Pelosi is all in |url=https://sfstandard.com/2024/09/19/pelosis-take-part-in-sf-real-estate-reset/ |access-date=2025-01-02 |website=The San Francisco Standard |language=en}}</ref><ref name=":4">{{Cite web |last=Staff |first=T. R. D. |date=2024-09-20 |title=Nancy and Paul Pelosi double down on SF commercial real estate |url=https://therealdeal.com/sanfrancisco/2024/09/20/nancy-and-paul-pelosi-expand-sf-commercial-portfolio/ |access-date=2025-01-02 |website=The Real Deal |language=en}}</ref> The prior year, they made an investment in a real estate venture, Flynn and Highgate, led by businessman Greg Flynn.<ref name=":2" /><ref name=":4" /> The company purchased the ] on ].<ref name=":2" /><ref name=":4" />


The Pelosis also own multiple ] and ] hotels across the United States,<ref name=":3">{{Cite web |title=Financial Disclosure Report |url=https://disclosures-clerk.house.gov/public_disc/financial-pdfs/2023/10059734.pdf}}</ref> the El Dorado in ],<ref name=":1">{{Cite web |last=Woodhouse |first=Leighton |date=2024-12-18 |title=Nancy Pelosi Profited as Luxury Napa Resort Won COVID-19 Bailout {{!}} RealClearInvestigations |url=https://www.realclearinvestigations.com/articles/2024/12/18/nancy_pelosi_profited_as_luxury_napa_resort_won_covid-19_bailout_1078263.html |access-date=2025-01-02 |website=www.realclearinvestigations.com |language=en}}</ref><ref name=":5">{{Cite web |title=Firm Linked to Pelosi’s Husband Got Virus Loan, Data Show |url=https://www.washingtonpost.com/business/on-small-business/firm-linked-to-pelosis-husband-got-virus-loan-data-show/2020/07/06/ddbfe428-bfbd-11ea-8908-68a2b9eae9e0_story.html}}</ref> restaurants, and undeveloped housing tracts in ].<ref name=":1" /><ref name=":3" /><ref name=":5" /> The Pelosis also own multiple ] and ] hotels across the United States,<ref name=":3">{{Cite web |title=Financial Disclosure Report |url=https://disclosures-clerk.house.gov/public_disc/financial-pdfs/2023/10059734.pdf}}</ref> the El Dorado in ],<ref name=":1">{{Cite web |last=Woodhouse |first=Leighton |date=2024-12-18 |title=Nancy Pelosi Profited as Luxury Napa Resort Won COVID-19 Bailout {{!}} RealClearInvestigations |url=https://www.realclearinvestigations.com/articles/2024/12/18/nancy_pelosi_profited_as_luxury_napa_resort_won_covid-19_bailout_1078263.html |access-date=2025-01-02 |website=www.realclearinvestigations.com |language=en}}</ref><ref name=":5">{{Cite web |title=Firm Linked to Pelosi’s Husband Got Virus Loan, Data Show |url=https://www.washingtonpost.com/business/on-small-business/firm-linked-to-pelosis-husband-got-virus-loan-data-show/2020/07/06/ddbfe428-bfbd-11ea-8908-68a2b9eae9e0_story.html}}</ref> a vineyard in ], and undeveloped housing tracts in ].<ref name=":1" /><ref name=":3" /><ref name=":5" />


==Personal life== ==Personal life==

Revision as of 15:53, 3 January 2025

American businessman (born 1940)

Paul Pelosi
Pelosi in June 2022
BornPaul Francis Pelosi
(1940-04-15) April 15, 1940 (age 84)
San Francisco, California, U.S.
EducationGeorgetown University (BS)
New York University (MBA)
OccupationBusinessman
Spouse Nancy D'Alesandro ​(m. 1963)​
Children5, including Christine and Alexandra
RelativesRon Pelosi (brother)

Paul Francis Pelosi (born April 15, 1940) is an American businessman who owns and operates Financial Leasing Services, Inc., a San Francisco–based real estate and venture capital investment and consulting firm. He was the owner of the Sacramento Mountain Lions of the United Football League. He is married to Nancy Pelosi, the 52nd speaker of the United States House of Representatives.

In October 2022, Pelosi was severely assaulted after a man wielding a hammer broke into his San Francisco home, surviving with a skull fracture. The assailant, David DePape, initially targeting Pelosi's wife, was convicted of federal offenses in 2023.

Early life

Pelosi was born and raised in San Francisco, the youngest in a family of three boys. He is the son of John Pelosi, a wholesale pharmacist, and his wife Corinne (née Bianchi). He attended St. Ignatius High School and graduated from Malvern Preparatory School in Pennsylvania. He earned a bachelor of science (BS) in foreign service at Georgetown University, during which he met his future wife, Nancy D'Alesandro, who was attending a Catholic women's college, Trinity College, in Washington, D.C. He earned an MBA from the Stern School of Business at New York University. He has been the chair of the Foreign Service Board at Georgetown since 2009.

Career

Pelosi founded and runs the venture capital firm Financial Leasing Services, Inc., through which he and his wife have a personal fortune of about $114 million.

Having previously invested in the Oakland Invaders of the United States Football League, he purchased the California Redwoods, a franchise in the United Football League, for $12 million in 2009. The Redwoods later moved to Sacramento to become the Sacramento Mountain Lions.

Pelosi's success in stock trading attracted media attention in the summer of 2021, leading to efforts to strictly control individual stock ownership by members of Congress. This surge in attention came after investors started watching his activity and copying his trades on TikTok, a platform that has since been banned in the United States by Congress.

Largely escaped public attention, government disclosures show that Pelosi’s private holdings, such as the Auberge du Soleil resort and Piatti Ristorante, received COVID-19 pandemic taxpayer funds, including the Paycheck Protection Program (PPP) and the Restaurant Revitalization Fund.

Pelosi and his wife own part of an entity that acquired a commercial office property in SoMa in 2024. The prior year, they made an investment in a real estate venture, Flynn and Highgate, led by businessman Greg Flynn. The company purchased the Huntington Hotel on Nob Hill.

The Pelosis also own multiple Marriott and Hilton hotels across the United States, the El Dorado in Sonoma County, a vineyard in St. Helena, California, and undeveloped housing tracts in Sacramento.

Personal life

In 1957, at the age of 16, Pelosi lost control of a car that he was driving on Skyline Boulevard, a mile north of Crystal Springs Dam in San Mateo County, California and crashed. His older brother David, who was a passenger in the car, died in the crash. Moments before the crash, David had warned his brother to reduce speed. Paul Pelosi was exonerated in the matter by the coroner's jury.

Pelosi married Nancy Pelosi (née D'Alesandro) on September 7, 1963, at the Cathedral of Mary Our Queen in Baltimore, Maryland. They have five children, including Christine and Alexandra. Nancy served as the 52nd Speaker of the House of Representatives from 2007 to 2011 and again from 2019 to 2023.

In May 2022, Paul Pelosi was arrested for driving under the influence of alcohol in Napa County after he crashed into another car at an intersection. Pelosi pleaded guilty in August 2022 and he was sentenced to serving five days in jail, paying $6,800 in fines and restitution, completing a DUI program, as well as three years of probation.

2022 attack

Main article: Attack on Paul Pelosi

In the early hours of October 28, 2022, an assailant broke into Pelosi's San Francisco home, shouted "Where's Nancy?", and subsequently attacked Pelosi with a hammer. The suspect was taken into police custody, while Pelosi was hospitalized with blunt force injuries. He underwent skull surgery after the attack. An initial statement from Nancy Pelosi's spokesperson said doctors expected him to make a full recovery. On October 31, Nancy Pelosi reported he was "making steady progress on what will be a long recovery process." On November 3, he was discharged from hospital. The suspect, 42-year-old David DePape, told police he was on "a suicide mission" and wanted to take Nancy Pelosi hostage, question her, and break her kneecaps if she lied. DePape was charged with multiple crimes including assault, attempted homicide, and attempted kidnapping. He pleaded not guilty to all state charges.

Pelosi first returned to public view over a month later, when he appeared with his wife at the Kennedy Center Honors. He wore a hat and a glove to conceal his injuries.

DePape was convicted on federal charges on November 16, 2023. On May 17, 2024, he was sentenced to 30 years in prison.

When asked by Anderson Cooper about her husband's condition in June 2024, over a year and a half after the attack, Nancy Pelosi replied, "He's making progress. He's about 80% there, physically. Traumatically, it's terrible."

References

  1. Young, George H. (August 6, 2012). "Sacramento Mountain Lions Bring UFL Action to Raley Field". Sacramento Press. Retrieved November 26, 2022.
  2. ^ "Northern District of California | David DePape Convicted of Assault and Attempted Kidnapping Charges | United States Department of Justice". November 17, 2023.
  3. Pelosi, Nancy (2008). Know Your Power: A Message to America's Daughters. New York: Anchor Books. p. 46. ISBN 978-0-385-52586-2.
  4. ^ "Youth Killed in Crash; Neck Brace Blamed". San Francisco Examiner. February 23, 1957. Retrieved November 12, 2022.
  5. Pelosi, Christine (November 26, 2019). The Nancy Pelosi Way: Advice on Success, Leadership, and Politics from America's Most Powerful Woman. Simon and Schuster. ISBN 9781510755857.
  6. Sandalow, Marc (2008). Madame Speaker. New York: Modern Times. p. 37. ISBN 978-1-59486-807-8.
  7. "Paul Pelosi Will Marry in the East". San Francisco Chronicle. May 27, 1963. p. 20.
  8. Salmon, Stephanie. 10 Things You Didn't Know About Nancy Pelosi, U.S. News & World Report, November 7, 2006.
  9. ^ Carpenter, Les (October 17, 2009). "Paul Pelosi, Husband of House Speaker, Takes His Shot at Football". The Washington Post. Retrieved January 3, 2019.
  10. "Board of Advisors". Georgetown University. Retrieved January 3, 2019.
  11. "Open Secrets | Nancy Pelosi". Open Secrets. Dow Jones Newswires. June 17, 2003. Retrieved June 8, 2020.
  12. "Nancy Pelosi". www.latimes.com. Retrieved December 9, 2019.
  13. Weisman, Jonathan (February 9, 2022). "Stock Trading Ban for Lawmakers Gains Momentum on Capitol Hill". The New York Times. Retrieved September 2, 2022.
  14. House, Billy; Edgerton, Anna (July 8, 2021). "Pelosi's Husband Locked In $5.3 Million From Alphabet Options". Bloomberg. Retrieved September 2, 2022.
  15. Mak, Tim (September 21, 2021). "TikTokers Are Trading Stocks By Copying What Members Of Congress Do". NPR. Retrieved September 2, 2022.
  16. "TikTokers Are Trading Stocks By Copying What Members Of Congress Do". NPR.
  17. Fung, Brian (April 24, 2024). "Biden just signed a potential TikTok ban into law. Here's what happens next | CNN Business". CNN. Retrieved January 2, 2025.
  18. "Nancy Pelosi Profited as Luxury Napa Resort Won COVID-19 Bailout". www.realclearinvestigations.com. Retrieved December 25, 2024.
  19. "Firm Linked to Pelosi's Husband Got Virus Loan, Data Show". www.washingtonpost.com. Retrieved December 25, 2024.
  20. "$14M in relief funds find members of Congress and family". www.rollcall.com. Retrieved December 25, 2024.
  21. ^ "The markets are still out on SF real estate — but Nancy Pelosi is all in". The San Francisco Standard. September 19, 2024. Retrieved January 2, 2025.
  22. ^ Staff, T. R. D. (September 20, 2024). "Nancy and Paul Pelosi double down on SF commercial real estate". The Real Deal. Retrieved January 2, 2025.
  23. ^ "Financial Disclosure Report" (PDF).
  24. ^ Woodhouse, Leighton (December 18, 2024). "Nancy Pelosi Profited as Luxury Napa Resort Won COVID-19 Bailout | RealClearInvestigations". www.realclearinvestigations.com. Retrieved January 2, 2025.
  25. ^ "Firm Linked to Pelosi's Husband Got Virus Loan, Data Show".
  26. ^ Bernstein, Jacob; Secon, Holly (June 22, 2022). "Nancy Pelosi's Napa: Wealthy Friends and a Husband's Porsche Crash". The New York Times. Retrieved July 19, 2022.
  27. GVWire June 1, 2022
  28. McManus, Margaret (February 4, 1995). "Baltimore-bred lawmaker lives, breathes politics". The Baltimore Sun. Retrieved December 10, 2011.
  29. Schonfeld, Zach (May 29, 2022). "Husband of Speaker Nancy Pelosi arrested for DUI in California". The Hill. Retrieved May 29, 2022.
  30. Kilander, Gustaf; John, Bowden (May 30, 2022). "House Speaker Nancy Pelosi's husband arrested for DUI after crash in Napa". The Independent.
  31. Wang, Amy B (August 3, 2022). "Paul Pelosi, husband of House speaker, pleads not guilty to DUI charges". Washington Post. Retrieved August 4, 2022.
  32. Stone, Alex. "Nancy Pelosi's husband Paul Pelosi pleads guilty to DUI". ABC News. Retrieved August 23, 2022.
  33. Gorman, Steve (August 24, 2022). "Nancy Pelosi's husband pleads guilty to drunken driving in California". Reuters.
  34. Freking, Kevin; Balsamo, Michael; Long, Colleen (October 28, 2022). "Paul Pelosi, speaker's husband, beaten with hammer at home". Associated Press. Retrieved October 28, 2022.
  35. Scott, Eugene; Caldwell, Leigh Ann (October 28, 2022). "Husband of House Speaker Pelosi attacked during break-in of California home, office says". The Washington Post. Retrieved October 28, 2022.
  36. "AP source: Assailant shouted 'Where is Nancy?" in attack". Associated Press. October 28, 2022. Retrieved October 28, 2022.
  37. Holpuch, Amanda (October 28, 2022). "Intruder Assaults Nancy Pelosi's Husband in Their San Francisco Home". The New York Times. ISSN 0362-4331. Retrieved October 28, 2022.
  38. House, Billy (October 28, 2022). "'Full Recovery' Expected for Paul Pelosi After Surgery on Skull". www.bloomberg.com. Retrieved November 3, 2022.
  39. "Nancy Pelosi's husband undergoes skull surgery after attack at SF home, sources say; suspect ID'd". KABC-TV. Los Angeles. October 28, 2022. Retrieved October 28, 2022.
  40. "Nancy Pelosi says husband making "steady progress" on "long recovery"". www.cbsnews.com. October 31, 2022. Retrieved November 3, 2022.
  41. Gangel, Jamie; Martin, Augie (November 3, 2022). "Paul Pelosi released from hospital, source tells CNN". CNN. Retrieved November 3, 2022.
  42. Arango, Tim; Secon, Holly; Browning, Kellen (November 1, 2022). "Suspect in Pelosi Attack Had Other Targets, Authorities Say". The New York Times. ISSN 0362-4331. Retrieved November 3, 2022.
  43. Stein, Shira; Echeverria, Danielle; Cassidy, Megan (October 28, 2022). "Suspect in Paul Pelosi hammer attack identified; reportedly asked 'Where is Nancy?'". San Francisco Chronicle. Retrieved October 28, 2022.
  44. Baker, Carlos; House, Billy; Wilkins, Emily (October 28, 2022). "Paul Pelosi Attacker Is Charged With Attempted Homicide". Bloomberg. Retrieved October 28, 2022.
  45. Cassidy, Megan (November 1, 2022). "Paul Pelosi attack: Suspect David DePape pleads not guilty, says he was on a 'suicide mission'". San Francisco Chronicle. Retrieved November 3, 2022.
  46. Cochrane, Emily; Edmonson, Catie (December 5, 2022). "Paul Pelosi Is Cheered at Kennedy Honors in Public Return After Attack: The ceremony honored the rock band U2, the singer Gladys Knight, the actor George Clooney, the composer Tania León and the singer-songwriter Amy Grant". New York Times. Retrieved December 5, 2022.
  47. Green, Matthew (November 16, 2023). "David DePape Found Guilty in Paul Pelosi Hammer Attack". KQED. Retrieved November 16, 2023.
  48. Li, David K.; Alsharif, Mirna (May 17, 2024). "David DePape, man who attacked Paul Pelosi with a hammer, sentenced to 30 years in prison". NBC News. Retrieved May 17, 2024.
  49. Harvey, Josephine (June 26, 2024). "Nancy Pelosi Delivers Blistering 5-Word Trump Prediction". Huffington Post. Retrieved July 2, 2024.

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