Nancy Pelosi's Net Worth: Grant Cardone Calculates Her Age

Grant Cardone Calculates Nancy Pelosi Would Have To Be '1500 Years Old' To Earn Her $120 Million Net Worth On Current Salary

Grant Cardone recently gave his take on Nancy Pelosi's impressive $120 million net worth during a DJ Vlad interview and as usual, it came with his signature bluntness.Cardone, a well-known real estate investor, didn't hold back when he questioned how someone making a public servant's salary of $179,000 could amass such a fortune. "Can't do the math on it," he said, calculating that Pelosi would have to be over 3,300 years old to build up that wealth if she lived solely on her paycheck.

Cardone's Calculations

But then he did the actual math using a calculator. After deducting taxes in California, he divided Pelosi's net worth by her salary and determined she'd have to be 1500 years old to earn $120 million.

Now, Cardone's tongue-in-cheek comment about Pelosi needing to be "1500 years old if she never spent one penny" may have raised eyebrows. Still, it highlights something people have been curious about for a while: how does a person in a position like hers achieve such financial success?

Pelosi's investment portfolio

It's not a secret that Pelosi has a substantial stock portfolio and her trades are closely watched. Some even claim she's one of the savviest investors in Congress.

• Pelosi and her husband have made millions by trading in blue chip stocks like Salesforce and Roblox.
• They also invested heavily in Nvidia, which surged in value by nearly 200% after the CHIPS Act was passed.
• Pelosi has faced scrutiny over her stock trading, especially regarding investments tied to sensitive information that might not be available to the general public.

Insider Trading Allegations

The timing of these trades has led to accusations of insider trading, with figures like Sen. Josh Hawley introducing legislation – even nicknamed the PELOSI Act – aimed at banning lawmakers from owning or trading stocks.

This was in response to the belief that some elected officials may have leveraged insider knowledge to make financial gains.

Cardone's comments, while humorously framed, reflect a broader concern many have had for years about lawmakers like Pelosi’s financial activities.

Politician	Net Worth	Controversial Trades
Nancy Pelosi	$120 million	Nvidia, Salesforce, Roblox
Diane Feinstein	$94 million	Intel, Google, Visa
Richard Burr	$11 million	Covid-19 related stocks

Whether you agree with Cardone's take or not, his comments shine a light on a broader conversation about transparency in government and the financial perks that come with political power. And as long as Pelosi's trades keep making headlines, it's likely this conversation will not go anywhere anytime soon.