Former House Speaker Nancy Pelosi’s fortune bled out a staggering $8 million this last year, one of the first every steps backward since Pelosi first took power decades ago.
But don’t worry too much for Pelosi and her husband, Paul. While her access to insider information may not be as reliable as in the past, their stock portfolio still continued to grow.
The California Democratic leaders annual financial disclosure shows her net worth fell to a modest $249 million in 2025, down from $257 million the year before.
The massive $8 million loss was driven almost entirely by a collapsing real estate investment, according to figures compiled by Quiver Quantitative and first reported by The New York Post.
The culprit was Russell Ranch, an 11,000-home luxury development outside that had been decades in the making before it opened in 2020. Pelosi’s stake in the project was valued between $5 million and $25 million on her 2024 disclosure.
This year’s filing shows that range collapsed to between just $1 million to $5 million.
While the real estate side crashed in value, Pelosi’s stock portfolio still did fine and is still worth roughly $135 million.
Dan Weiskopf, a portfolio manager who runs an investment fund named for Pelosi (NANC) and designed specifically to mirror congressional stock trades told The Post that the California Democrat still manages to enrich herself despite the real estate losses.
“Pelosi’s net worth may be down slightly because of some real estate deals that were not working out as planned, but her investment in Google demonstrates she hasn’t lost her touch or convictions!” Weiskopf said. “She continues to enrich herself with great stock picks.”
“Speaker Pelosi does not own any stocks, and she has no prior knowledge or subsequent involvement in any transactions,” Pelosi’s office claimed in a statement to The Post.
That excuse has never satisfied critics. Across 37 years in Congress, the Pelosis have grown their stock holdings from roughly $785,000 to nearly hundreds of millions of dollars… all on Nancy’s $174,000 annual taxpayer-funded salary.
Republican say she has earned a return of approximately 16,930%, which dwarfs the S&P 500’s performance over the same stretch.
RNC spokesperson Kiersten Pels did not mince words about Pelosi’s miraculous investment returns when asked in 2025.
“Nancy Pelosi’s true legacy is becoming the most successful insider trader in American history,” Pels said at the time.
“If anyone else had turned $785,000 into $133.7 million [estimated] with better returns than Warren Buffett, they’d be retiring behind bars.”
Pelosi is set to retire at the end of the 2026 midterms with enough money to buy a small country.
What luck.