Nancy Patricia Pelosi, a politician from the United States, was born on March 26, 1940. She held the position of speaker of the House of Representatives for 52 terms, beginning in 2007 and ending in 2011 and again in 2019 and 2023.
She was a member of the Democratic Party. She served as the House Democrats’ leader for 20 years, from 2003 to 2023, becoming the first woman to be elected Speaker and to head a major political party in either chamber of Congress.
Since 1987, she has served in the US House of Representatives as a representative representing California’s 11th congressional district. Most of San Francisco is included in this district, known as the 5th district from 1987 to 1993, the 8th from 1993 to 2013, and the 12th from 2013 to 2023.
Daughter of Baltimore mayor and congressman Thomas D’Alesandro, Pelosi was born and reared in Baltimore. She earned her degree from Trinity College in 1962 and wed businessman Paul Pelosi the following year. The two had become friends while they were still undergraduates.
After relocating, they spent some time in New York City before settling with their kids in San Francisco. Pelosi entered politics as a Democratic Party volunteer while focusing on her family.
As the senior member of California’s congressional delegation, she was first elected to Congress in a special election in 1987 and is currently serving her 19th term.
Pelosi worked her way up through the House Democratic Caucus ranks to become the first woman to occupy each of those posts in either body of Congress when she was elected House minority whip in 2002 and then House minority leader a year later.
How Much is Nancy Pelosi Net Worth in 2023?
Nancy Pelosi has been in office for decades and has a net worth of almost $200 million. Nancy Pelosi and her husband, Paul Pelosi, estimated their net worth to be between $43 million and $202 million in their most recent wealth statement, depending on the value of their real estate holdings, stock interests, and other private assets.
The position of Speaker of the United States House of Representatives has only ever been held by one woman, Nancy Pelosi, who held it from 2007 to 2011 and will once again hold it starting in 2019.
Vernon Jones’s official account shared a post on Twitter:-
Nancy Pelosi’s net worth is close to $200 million after being in office for decades.
But Dems want to arrest Trump for a $130k payment he made 7 years ago.https://t.co/8OW3ekTGzu
— Vernon Jones (@VernonForGA) May 30, 2023
How Did Nancy Pelosi Start Her Political Career?
In the 1960s, Pelosi worked as an intern for Maryland Senator Daniel Brewster before starting her own political career. Later, she relocated to San Francisco, California, where she made friends with Phillip Burton, a congressman from the 5th District.
She was chosen to represent California on the Democratic National Committee in 1976, a post she held until 1996. Throughout the late 1970s and early 1980s, she also worked in several other positions for the Democratic Party, including finance chair for the Democratic Senatorial Campaign Committee.
Sala, Burton’s wife, succeeded him after he died in 1983. Sala Burton named Nancy Pelosi as her replacement after she decided against seeking re-election, effectively ensuring that Burton’s prior supporters would also back Pelosi.
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Pelosi won the subsequent special election after Sala passed away suddenly one month into her second term, and she was sworn in as the representative for the 5th District in June 1987.
She served as the representative for the 5th District between 1987 and 1993, the 8th District between 1993 and 2013, and the 12th District since 2013 (as of April 2020).
Other notable positions Pelosi has held include Speaker of the US House of Representatives from 2007 to 2011, House Minority Whip from 2002 to 2003, Leader of the House Democratic Caucus since 2003, House Minority Leader from 2003 to 2007, and from 2011 to 2019; she was sworn in again as Speaker in January 2019.
She is the first person to be reelected as Speaker for a non-consecutive term since Sam Rayburn in 1955. She was forced to accept an agreement that would have limited her to serving as a speaker for just four years to reclaim her job.