Paul Pelosi is known in America and beyond as a brilliant businessman who has amassed a great deal of wealth over the years through his entrepreneurial efforts and a huge investment portfolio that has paid off very well. He has spent decades in the private sector, investing his hands and money in various industries, and his hard work has been rewarded with immeasurable success, power, and fame.
Paul has established himself primarily in the real estate business. Many years ago, he founded his own venture capital investment, advisory and real estate company called Financial Leasing Services, Inc. The dedicated businessman was also a major player in the world of sports when he invested in the Oakland Invaders, an American football team that played in the United States Football League. Paul went one step further and bought the Sacramento Mountain Lions, another football club in the same league. The club ceased to exist in 2012 when it was dissolved.
Who is Paul Pelosi and How Old is He?
The scope of Paul Pelosi’s business relationships cannot be overestimated. His experience has led him to hold positions on various corporate and philanthropy boards. For a time, he was Chairman of the Foreign Service Board in Georgetown before moving on to other responsibilities. He is also known as the husband of wild and dedicated career politician Nancy Pelosi, who is the 52nd and current Speaker of the U.S. House of Representatives.
Paul Pelosi was born in San Francisco on April 15, 1940. There is very little information about his parents, his early education and his childhood. However, he has a brother named Ronald Pelosi who, like him, is also an avid businessman. After graduating high school, Paul went to Georgetown University, where he studied the Foreign Service. He later ended up at the Stern School of Business at New York University and at Harvard Business School, where he acquired the knowledge that made him the impressive businessman he is today.
Over the years Paul has moved from one company to another and has invested in several companies where he has found potential. He has built his company, Financial Leasing Services, Inc. from the ground up into a viable and thriving business worth millions of dollars. He invested money in the Oakland Invaders football team, but the club was eventually dissolved in 1985. His next move was to buy California Redwood for $12 million in 2009, and the club later changed its name to Sacramento Mountain Lions after moving to Sacramento. Unfortunately, the team left the club in 2012 due to financial difficulties and Paul lost about $5 million.
In 2009, the honorable business mogul was named Chairman of the Foreign Service Board by his alma mater Georgetown. Similarly, he has received further appointments to board positions in several companies and philanthropic organizations. Paul has invested heavily and his stock portfolio includes investments in Apple, Comcast, Walt Disney, Facebook, Shutterfly and Russell Branch LLC. Paul Pelosi has many real estate holdings that generate millions of dollars annually and have helped to further increase his financial value.
His Married Life – Wife and Children
Paul Pelosi met his future wife Nancy Patricia D’Alesandro during her studies. It did not take long for the two of them to become fond of each other and decide to take the next step. The couple married on September 7, 1963, in a beautiful ceremony at Mary Our Queen Cathedral in Baltimore, Maryland. Shortly after their wedding, they moved to New York and then back to San Francisco.
Nancy is the highest-ranking congressional politician and has spent most of her life laying the foundation for what she is today. The Democratic Party member is one of the most powerful politicians in the entire United States. Since her first election in 1987, Nancy has held various positions in Congress before she was finally elected President of the House of Representatives on 3 January 2019 and became the first woman to make history in that office. She is the second woman to hold the presidency after the Vice President.
The real estate magnate and his powerful politician wife have five children together. All their children were born within six years and are named Nancy, Christine, Jacqueline, Paul Jr. and Alexandra. The children of Paul Pelosi and Nancy are all successful and excel in their various professions. Nancy Corinne attended Mount Vernon College and works as a sales manager at the Fairmont Hotel in San Jose, California. Her husband is Theodore Jefferey Prowda Jr.
Her daughter Christine works as a political strategist for the Democratic Party and is also a writer. She graduated from Georgetown University, where she studied the Foreign Service like her father. She is married to Peter Kauffman. Jacqueline is Paul’s third daughter and child. She also attended Georgetown University and works for Gourmet Magazine as a promotions coordinator. Her husband is Michael Terence Kenneally.
Paul Jr. is also a graduate of Georgetown University and works at Oroplata Resources where he serves as a senior consultant to all types of companies on a variety of issues ranging from investment to corporate governance. The baby of the Pelosi family in Alexandria, who works as a documentary producer, writer, and journalist. Her husband is Michiel Vox. In total, the Pelosi children Paul and Nancy have given nine grandchildren.
Paul Pelosi’s Net Worth
Paul Pelosi’s adventures in the business world have brought him great wealth. He has various sources of income, which have all contributed to his financial situation. It is said that the businessman is worth about $100 million, but this estimate has not yet been confirmed, and many argue that his net worth is far greater.