Paul Pelosi

American businessman (born 1940)

Paul Pelosi

Pelosi in June 2022

Born|

Paul Francis Pelosi

(1940-04-15) April 15, 1940 (age 84)

San Francisco, California, U.S.

Education| Georgetown University (BS)
New York University (MBA)
Occupation| Businessman
Spouse|

Nancy D'Alesandro

(m. 1963)​

Children| 5, including Christine and Alexandra
Relatives| Ron Pelosi (brother)

Paul Francis Pelosi (born April 15, 1940) is an American businessman who owns and operates Financial Leasing Services, Inc., a San Francisco–based real estate and venture capital investment and consulting firm. He was the owner of the Sacramento Mountain Lions of the United Football League.[1] He is married to Nancy Pelosi, the 52nd speaker of the United States House of Representatives.

In October 2022, Pelosi was severely assaulted after a man wielding a hammer broke into his San Francisco home, surviving with a skull fracture. The assailant, David DePape, initially targeting Pelosi's wife, was convicted of federal offenses in 2023.[2]

## Early life

[edit]

Pelosi was born and raised in San Francisco, the youngest in a family of three boys.[3] He is the son of John Pelosi, a wholesale pharmacist, and his wife Corinne (née Bianchi).[4][5] He attended St. Ignatius High School[4] and graduated from Malvern Preparatory School in Pennsylvania.[6][7] He earned a bachelor of science (BS) in foreign service at Georgetown University, during which he met his future wife, Nancy D'Alesandro, who was attending a Catholic women's college, Trinity College, in Washington, D.C.[8] He earned an MBA from the Stern School of Business at New York University. He has been the chair of the Foreign Service Board at Georgetown since 2009.[9][10]

## Career

[edit]

Pelosi founded and runs the venture capital firm Financial Leasing Services, Inc., through which he and his wife have a personal fortune of about $114 million.[11][12]

While his wife has been a longtime supporter of the United Farm Workers, the small vineyard they own in St. Helena doesn't hire union labor to pick the grapes there.[13][14] Likewise, the couple have investments in the Auberge du Soleil resort hotel in Rutherford and the upscale Italian Piatti restaurant chain, which aren't union shops.[13][14]

Having previously invested in the Oakland Invaders of the United States Football League, he purchased the California Redwoods, a franchise in the United Football League, for $12 million in 2009.[9] The Redwoods later moved to Sacramento to become the Sacramento Mountain Lions.

Pelosi's success in stock trading attracted media attention in the summer of 2021, leading to efforts to strictly control individual stock ownership by members of Congress.[15][16][17] This surge in attention came after investors started watching his activity and copying his trades on TikTok,[18][19] a platform that has since been banned in the United States by Congress.[20]

In 2024, a financial disclosure revealed a lesser-known part of the portfolio of Pelosi and his wife in an entity that acquired a commercial office property at 631 Howard Street in SoMa.[21][22][23] The previous year, Pelosi made an investment in a real estate venture led by businessman Greg Flynn, contributing an amount between $500,000 to $1 million towards the acquisition and renovation of a luxury hotel in San Francisco.[21][23] Flynn and Highgate, a hospitality management company, purchased the historic 135-room Huntington Hotel on Nob Hill the same month as the Pelosi disclosure was reported.[21][23] Pelosi's commercial real estate holdings include a storefront at 25 Point Lobos, south of the Presidio, that contains a Walgreens pharmacy.[21][22][23] Other Pelosi properties in San Francisco include a three-story commercial building at 45 Belden Place,[22] which generates another $100,000 to $1 million a year in rental income.[23] "The one percent [with money] can make these sorts of moves right now,” said a real estate broker with knowledge of Flynn and Pelosi.[21][23]

According to financial disclosures, the Pelosis also own multiple other real estate properties, including office and commercial real estate, and an undeveloped housing tract in Sacramento.[23][21]

## Personal life

[edit]

In 1957, at the age of 16, Pelosi lost control of a car that he was driving on Skyline Boulevard, a mile north of Crystal Springs Dam in San Mateo County, California[4] and crashed. His older brother David, who was a passenger in the car, died in the crash.[4] Moments before the crash, David had warned his brother to reduce speed.[4] Paul Pelosi was exonerated in the matter by the coroner's jury.[24][25]

Pelosi married Nancy Pelosi (née D'Alesandro) on September 7, 1963, at the Cathedral of Mary Our Queen in Baltimore, Maryland.[26] They have five children, including Christine and Alexandra. Nancy served as the 52nd Speaker of the House of Representatives from 2007 to 2011 and again from 2019 to 2023.

In May 2022, Paul Pelosi was arrested for driving under the influence of alcohol in Napa County after he crashed into another car at an intersection.[27][28][24] Pelosi pleaded guilty in August 2022 and he was sentenced to serving five days in jail, paying $6,800 in fines and restitution, completing a DUI program, as well as three years of probation.[29][30][31]

### 2022 attack

[edit]

Main article: Attack on Paul Pelosi

In the early hours of October 28, 2022, an assailant broke into Pelosi's San Francisco home, shouted "Where's Nancy?", and subsequently attacked Pelosi with a hammer.[32][33] The suspect was taken into police custody, while Pelosi was hospitalized with blunt force injuries.[34][35] He underwent skull surgery after the attack. An initial statement from Nancy Pelosi's spokesperson said doctors expected him to make a full recovery.[36][37] On October 31, Nancy Pelosi reported he was "making steady progress on what will be a long recovery process."[38] On November 3, he was discharged from hospital.[39] The suspect, 42-year-old David DePape, told police he was on "a suicide mission" and wanted to take Nancy Pelosi hostage, question her, and break her kneecaps if she lied.[40] DePape was charged with multiple crimes including assault, attempted homicide, and attempted kidnapping. He pleaded not guilty to all state charges.[41][42][43]

Pelosi first returned to public view over a month later, when he appeared with his wife at the Kennedy Center Honors. He wore a hat and a glove to conceal his injuries.[44]

DePape was convicted on federal charges on November 16, 2023.[45][2] On May 17, 2024, he was sentenced to 30 years in prison.[46]

When asked by Anderson Cooper about her husband's condition in June 2024, over a year and a half after the attack, Nancy Pelosi replied, "He's making progress. He's about 80% there, physically. Traumatically, it's terrible."[47]

## References

[edit]

1. ^ Young, George H. (August 6, 2012). "Sacramento Mountain Lions Bring UFL Action to Raley Field". Sacramento Press. Retrieved November 26, 2022.
2. ^ a b "Northern District of California | David DePape Convicted of Assault and Attempted Kidnapping Charges | United States Department of Justice". November 17, 2023.
3. ^ Pelosi, Nancy (2008). Know Your Power: A Message to America's Daughters. New York: Anchor Books. p. 46\. ISBN 978-0-385-52586-2.
4. ^ a b c d e "Youth Killed in Crash; Neck Brace Blamed". San Francisco Examiner. February 23, 1957. Retrieved November 12, 2022.
5. ^ Pelosi, Christine (November 26, 2019). The Nancy Pelosi Way: Advice on Success, Leadership, and Politics from America's Most Powerful Woman. Simon and Schuster. ISBN 9781510755857.
6. ^ Sandalow, Marc (2008). Madame Speaker. New York: Modern Times. p. 37\. ISBN 978-1-59486-807-8.
7. ^ "Paul Pelosi Will Marry in the East". San Francisco Chronicle. May 27, 1963. p. 20.
8. ^ Salmon, Stephanie. 10 Things You Didn't Know About Nancy Pelosi, U.S. News & World Report, November 7, 2006.
9. ^ a b Carpenter, Les (October 17, 2009). "Paul Pelosi, Husband of House Speaker, Takes His Shot at Football". The Washington Post. Retrieved January 3, 2019.
10. ^ "Board of Advisors". Georgetown University. Retrieved January 3, 2019.
11. ^ "Open Secrets | Nancy Pelosi". Open Secrets. Dow Jones Newswires. June 17, 2003. Retrieved June 8, 2020.
12. ^ "Nancy Pelosi". www.latimes.com. Retrieved December 9, 2019.
13. ^ a b Wildermuth, John. "Pelosi's husband prefers a low profile / Successful investor has taken care to avoid causing controversy". SFGATE. Archived from the original on December 13, 2024. Retrieved December 25, 2024.
14. ^ a b "Financial Disclosure Report" (PDF).
15. ^ Weisman, Jonathan (February 9, 2022). "Stock Trading Ban for Lawmakers Gains Momentum on Capitol Hill". The New York Times. Retrieved September 2, 2022.
16. ^ House, Billy; Edgerton, Anna (July 8, 2021). "Pelosi's Husband Locked In $5.3 Million From Alphabet Options". Bloomberg. Retrieved September 2, 2022.
17. ^ Mak, Tim (September 21, 2021). "TikTokers Are Trading Stocks By Copying What Members Of Congress Do". NPR. Retrieved September 2, 2022.
18. ^ "Everything to Know About Nancy Pelosi's Husband, Paul Pelosi". Yahoo Entertainment. December 13, 2022. Retrieved December 25, 2024.
19. ^ "TikTokers Are Trading Stocks By Copying What Members Of Congress Do".
20. ^ Fung, Brian (March 7, 2024). "House panel unanimously approves bill that could ban TikTok | CNN Business". CNN. Retrieved December 25, 2024.
21. ^ a b c d e f "The markets are still out on SF real estate — but Nancy Pelosi is all in". The San Francisco Standard. September 19, 2024. Retrieved December 25, 2024.
22. ^ a b c "Periodic Transaction Report" (PDF).
23. ^ a b c d e f g Staff, T. R. D. (September 20, 2024). "Nancy and Paul Pelosi double down on SF commercial real estate". The Real Deal. Retrieved December 27, 2024.
24. ^ a b Bernstein, Jacob; Secon, Holly (June 22, 2022). "Nancy Pelosi's Napa: Wealthy Friends and a Husband's Porsche Crash". The New York Times. Retrieved July 19, 2022.
25. ^ GVWire June 1, 2022
26. ^ McManus, Margaret (February 4, 1995). "Baltimore-bred lawmaker lives, breathes politics". The Baltimore Sun. Retrieved December 10, 2011.
27. ^ Schonfeld, Zach (May 29, 2022). "Husband of Speaker Nancy Pelosi arrested for DUI in California". The Hill. Retrieved May 29, 2022.
28. ^ Kilander, Gustaf; John, Bowden (May 30, 2022). "House Speaker Nancy Pelosi's husband arrested for DUI after crash in Napa". The Independent.
29. ^ Wang, Amy B (August 3, 2022). "Paul Pelosi, husband of House speaker, pleads not guilty to DUI charges". Washington Post. Retrieved August 4, 2022.
30. ^ Stone, Alex. "Nancy Pelosi's husband Paul Pelosi pleads guilty to DUI". ABC News. Retrieved August 23, 2022.
31. ^ Gorman, Steve (August 24, 2022). "Nancy Pelosi's husband pleads guilty to drunken driving in California". Reuters.
32. ^ Freking, Kevin; Balsamo, Michael; Long, Colleen (October 28, 2022). "Paul Pelosi, speaker's husband, beaten with hammer at home". Associated Press. Retrieved October 28, 2022.
33. ^ Scott, Eugene; Caldwell, Leigh Ann (October 28, 2022). "Husband of House Speaker Pelosi attacked during break-in of California home, office says". The Washington Post. Retrieved October 28, 2022.
34. ^ "AP source: Assailant shouted 'Where is Nancy?" in attack". Associated Press. October 28, 2022. Retrieved October 28, 2022.
35. ^ Holpuch, Amanda (October 28, 2022). "Intruder Assaults Nancy Pelosi's Husband in Their San Francisco Home". The New York Times. ISSN 0362-4331. Retrieved October 28, 2022.
36. ^ House, Billy (October 28, 2022). "'Full Recovery' Expected for Paul Pelosi After Surgery on Skull". www.bloomberg.com. Retrieved November 3, 2022.
37. ^ "Nancy Pelosi's husband undergoes skull surgery after attack at SF home, sources say; suspect ID'd". KABC-TV. Los Angeles. October 28, 2022. Retrieved October 28, 2022.
38. ^ "Nancy Pelosi says husband making "steady progress" on "long recovery"". www.cbsnews.com. October 31, 2022. Retrieved November 3, 2022.
39. ^ Gangel, Jamie; Martin, Augie (November 3, 2022). "Paul Pelosi released from hospital, source tells CNN". CNN. Retrieved November 3, 2022.
40. ^ Arango, Tim; Secon, Holly; Browning, Kellen (November 1, 2022). "Suspect in Pelosi Attack Had Other Targets, Authorities Say". The New York Times. ISSN 0362-4331. Retrieved November 3, 2022.
41. ^ Stein, Shira; Echeverria, Danielle; Cassidy, Megan (October 28, 2022). "Suspect in Paul Pelosi hammer attack identified; reportedly asked 'Where is Nancy?'". San Francisco Chronicle. Retrieved October 28, 2022.
42. ^ Baker, Carlos; House, Billy; Wilkins, Emily (October 28, 2022). "Paul Pelosi Attacker Is Charged With Attempted Homicide". Bloomberg. Retrieved October 28, 2022.
43. ^ Cassidy, Megan (November 1, 2022). "Paul Pelosi attack: Suspect David DePape pleads not guilty, says he was on a 'suicide mission'". San Francisco Chronicle. Retrieved November 3, 2022.
44. ^ Cochrane, Emily; Edmonson, Catie (December 5, 2022). "Paul Pelosi Is Cheered at Kennedy Honors in Public Return After Attack: The ceremony honored the rock band U2, the singer Gladys Knight, the actor George Clooney, the composer Tania León and the singer-songwriter Amy Grant". New York Times. Retrieved December 5, 2022.
45. ^ Green, Matthew (November 16, 2023). "David DePape Found Guilty in Paul Pelosi Hammer Attack". KQED. Retrieved November 16, 2023.
46. ^ Li, David K.; Alsharif, Mirna (May 17, 2024). "David DePape, man who attacked Paul Pelosi with a hammer, sentenced to 30 years in prison". NBC News. Retrieved May 17, 2024.
47. ^ Harvey, Josephine (June 26, 2024). "Nancy Pelosi Delivers Blistering 5-Word Trump Prediction". Huffington Post. Retrieved July 2, 2024.

## External links

[edit]

Wikimedia Commons has media related to Paul Pelosi.

* Profile at UFL-Football.com

* v
* t
* e

Nancy Pelosi

* 52nd Speaker of the U.S. House of Representatives (2007–2011, 2019–2023)
* Leader of the House Democrats (2003–2023)
* House Minority Leader (2003–2007, 2011–2019)

Speakership|

* 100-Hour Plan
* 2007 State of the Union Address
* 2020 State of the Union Address
* First Trump impeachment
* Second Trump impeachment
* January 6 Capital attack
* 2021 joint session address
* 2022 State of the Union Address
* Visit to Taiwan

Elections|

| U.S. Representative|

* 1987 special
* 1988
* 1990
* 1992
* 1994
* 1996
* 1998
* 2000
* 2002
* 2004
* 2006
* 2008
* 2010
* 2012
* 2014
* 2016
* 2018
* 2020
* 2022
* 2024

|

Speaker|

* 2003
* 2005
* 2007
* 2009
* 2011
* 2013
* 2015
* January
* October
* 2017
* 2019
* 2021

Books|

* Know Your Power (2008)
* The Art of Power (2024)

Family|

* Paul Pelosi (husband)
* Christine Pelosi (daughter)
* Alexandra Pelosi (daughter)
* Thomas D'Alesandro Jr. (father)
* Thomas D'Alesandro III (brother)

Related|

* Awards and honors
* Attack on Paul Pelosi
* Pelosi in the House (2022)

* v
* t
* e

United Football League (2009–2012)

Teams|

* New York Sentinels / Hartford Colonials
* Las Vegas Locomotives
* Omaha Nighthawks
* California Redwoods / Sacramento Mountain Lions
* Florida Tuskers / Virginia Destroyers

Owners|

Most recent
Bill Hambrecht (LV / OMA)
Paul Pelosi (CA / SAC)
Bill Mayer (VA / NY / HFD)
Historical
Stuart Sternberg, Joe Theismann (FL)
Jim Speros (VA)
Zach Nelson (OMA)
Mark Cuban (league investor)

Front office|

* Founders: Bill Hambrecht and Tim Armstrong
* Director of Football Operations (2012): Jim Fassel
* Commissioner (2009–2011): Michael Huyghue
* Chairman (2009): Henry Bienen
* Liaison (2011): Jerry Glanville

Drafts|

* 2009
* 2010
* 2011

Seasons|

* 2009
* 2010
* 2011
* 2012

Championships|

* 2009
* 2010
* 2011

Stadiums|

* AT&T Park
* Citrus Bowl
* Giants Stadium
* Hornet Stadium
* James M. Shuart Stadium
* Johnny Rosenblatt Stadium
* Rentschler Field
* Raley Field
* Sam Boyd Stadium
* Spartan Stadium
* TD Ameritrade Park
* Tropicana Field
* Virginia Beach Sportsplex

* v
* t
* e

Sacramento Mountain Lions

* Formerly the California Redwoods
* Founded in 2009
* Folded in 2012
* Based in Sacramento, California

The franchise|

* Franchise
* Players

Stadiums|

* AT&T Park
* Spartan Stadium
* Hornet Stadium
* Raley Field

Head coaches|

* Green
* Schonert

Key personnel|

* Owner: Paul Pelosi
* Head Coach/General Manager: Turk Schonert

Seasons (4)|

* 2009
* 2010
* 2011
* 2012

Current league affiliation|

* United Football League

*[m.]: married
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*[t]: Discuss this template
*[e]: Edit this template