Paul Francis Pelosi Sr. is an American businessman who owns and runs Financial Leasing Services, Inc., an investment and consulting firm in San Francisco that focuses on real estate and venture capital. He was the owner of the United Football League’s Sacramento Mountain Lions. He is married to Nancy Pelosi, who is the current Speaker of the House of Representatives in the United States.
Brief Information About Paul Pelosi
|April 15, 1940
Who is Paul Pelosi?
Pelosi is the youngest of four brothers; she was born and reared in San Francisco. John Pelosi Sr. was a wholesale pharmacist and his father. He completed his secondary education at St. Ignatius High School and then moved on to Malvern Preparatory School in Pennsylvania.
While he was getting his BS in foreign service from Georgetown University, he met his future wife, Nancy D’Alesandro, who was studying at Trinity College, a Roman Catholic women’s college in Washington, D.C. He attended New York University and graduated with an MBA from Stern.
Since 2009, he has presided over Georgetown University’s Foreign Service Board as its chair.
Paul Pelosi’s Net Worth
American entrepreneur Paul Pelosi has a $120 million fortune. The most notable accomplishment of Paul Pelosi is owning and running the San Francisco-based real estate, venture capital, and consulting company Financial Leasing Services.
He had previously controlled the United Football League’s Sacramento Mountain Lions, who are no longer in existence. Prior to purchasing the California Redwoods for $12 million and transforming them into the Mountain Lions, Paul Pelosi made an initial investment in the UFL’s Oakland Invaders.
Pelosi also holds significant stock in firms including Facebook, Apple, Comcast, and Disney. She also serves on numerous corporate and charitable boards.
Paul Pelosi’s Personal Life
In 1963, Pelosi married Nancy (née D’Alesandro) at the Cathedral of Mary Our Queen in Baltimore, Maryland. Nancy Pelosi is the 52nd Speaker of the House of Representatives of the United States. Nancy, Christine, Jacqueline, Paul, and Alexandra are the couple’s five children.
The youngest sibling is a journalist, author, and documentary filmmaker; her HBO-produced documentaries include “Diary of a Political Tourist,” “The Trials of Ted Haggard,” “Fall to Grace,” and “Outside the Bubble: A Roadtrip with Alexandra Pelosi.” Christine is a California-based Democratic strategist, whereas Paul Jr. was accused of securities fraud in 2014 in regard to his company Natural Blue Resources.
Overall, Pelosi wants to avoid the media spotlight and tries to stay out of the political realm in which his wife is active. However, he did become active in 1986 when Nancy ran for the California 5th Congressional District. In addition, Pelosi occasionally attends campaign rallies in the state.
Paul Pelosi Career
Pelosi is the founder and CEO of the venture capital firm Financial Leasing Services, Inc., which he and his wife use to amass a personal wealth of over $114 million. Pelosi is also the current Speaker of the House of Representatives.
After having some success with his investment in the Oakland Invaders of the United States Football League, he decided to purchase a franchise in the United Football League and paid $12 million for the California Redwoods in 2009. After some time, the Redwoods relocated to Sacramento, where they eventually became known as the Sacramento Mountain Lions.
In the summer of 2021, the success that Nancy Pelosi had in the stock market attracted the attention of the media, which ultimately led to moves to severely limit the individual stock ownership of members of Congress.
Business Ventures and Investments
Financial Leasing Services, a San Francisco-based real estate and venture capital investment and consultancy firm, is Pelosi’s crowning business achievement. He and his wife have amassed more than $100 million in personal wealth thanks to the company.
Outside of this, since 2009, Pelosi has presided over the Georgetown University Foreign Service Board, where he served as a student. In addition to owning real estate with Russell Ranch, he is invested in Apple, Facebook, Walt Disney, Comcast, Microsoft, Nvidia, Amazon, and more. His largest investment to date was made in June of 2021 when he spent about $4.8 million on shares of Alphabet (the parent company of Google).
Pelosi has bought the California Redwoods for $12 million and backed the Oakland Invaders of the USFL. As time went by, the Redwoods relocated to Sacramento, where they became known as the Sacramento Mountain Lions. As the owner, Pelosi lost over $5 million when the United Football League disbanded in the middle of the 2012 season.