Nancy Pelosi’s fortune took a hit in 2025, but she remains one of the richest figures in American politics. Pelosi’s projected net worth in 2026 is about $249 million, down from about $257 million a year ago, according to financial data platform Quiver Quantitative. Much of this decline has to do with a sharp decline in the value of one of California’s leading real estate investments. Still, strong gains in technology stocks helped limit losses and keep her portfolio growing.
Why did Nancy Pelosi lose $8 million?
The biggest reason for Pelosi’s net worth decline is the reduction in her stake in Russell Ranch, a large housing development in Folsom, California. The project includes thousands of homes, schools and a town centre.
according to Pelosi’s The latest financial disclosures show the investment’s value has dropped significantly. Research cited by Quiver Quantitative estimated the stake at between $1 million and $5 million, compared with previous estimates ranging from $5 million to $25 million. This decrease reduces her estimated wealth by a total of $8 million in 2025.
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Setbacks behind real estate decline
As housing struggles, Pelosi’s stock portfolio Another strong year. Quiver Quantitative estimates her investments will return about 18% by 2025, adding about $21.5 million to the portfolio, bringing its value to about $135 million.
Google remains the largest holding in the Pelosi family’s portfolio. Quiver Quantitative estimates the position at about $18.3 million, or about 13% of the portfolio. The stock posted strong gains in 2025 and remains one of the family’s largest investments.
Shareholdings in Google, Apple and others continue to drive growth in Pelosi family wealth
Beyond Google, previous financial disclosures have revealed significant invest Companies like Apple, Microsoft, Amazon, Nvidia and Salesforce. The Pelosi family’s wealth also includes real estate assets, private investments and business interests managed through Paul Pelosi Investments.
Pelosi’s office has repeatedly stated that she does not personally own shares or participate in transaction decisions.
Her communications director, Ian Krager, told the New York Post: “Speaker Pelosi does not own any stock, had no prior knowledge, and was not involved in any transactions.” The investments are held in the name of her husband, venture capitalist Paul Pelosi.
