The wealth of House Democratic leader Nancy Pelosi grew more than $4 million last year thanks to gains on investments in her home base of California, according to new financial records.
Pelosi’s minimum net worth grew to about $28.6 million in 2013, with increases in several assets, including a boost of at least $250,000 in Comcast stock that is held by her husband, Paul Pelosi. The stock is worth at least a half million dollars.
Paul Pelosi also holds sock in Facebook that rose in value last year from at least $100,000 to a minimum of $250,000.
But most of the increase in the couple’s wealth came from a single investment called Russell Ranch LLC, which is described as an underdeveloped real estate investment in Sacramento, Calif. The investment’s value rose by at least $4 million.
Read more: http://thehill.com/business-a-lobbying/business-a-lobbying/209366-pelosis-wealth-grows-by-4-million
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