(Congress Report) – Despite not having been Speaker of the House for some time now, California Democratic Rep. Nancy Pelosi is still one of the most powerful people in the United States, along with her infamous husband Paul Pelosi, who made a fortune by investing in the stock market. Come to think of it, the grand success that the Pelosi family has enjoyed from trading stocks is extremely impressive, a fact evidenced by the couple making a dividend of almost $20 million with shares they own in Microsoft, the second biggest stock in the world.
“On Monday, November 20, shares of Microsoft rose more than 2% on the reports that the tech giant hired former OpenAI CEO Sam Altman to lead its new advanced AI research division,” Finbold stated in a report. The stock went up to a shocking $377 per share.
And as luck would have it, Pelosi snapped up $10 million worth of shares in the company just a couple of years ago after getting on the phone and making a few calls, according to BizPac Review.
“Currently, Microsoft’s shares have surged nearly threefold from that price, marking a substantial 190% increase in percentage terms,” Finbold continued. “Given that Pelosi invested $10 million in the stock at the time, this bet reaped a staggering $19,000,000 million in potential profits, excluding the cost of the original calls.”
Today, Microsoft just executed the best chess move of all time
But people forget that back in 2021 Nancy Pelosi bought ~$10M of $MSFT for $130/share by exercising her calls
Today $MSFT just hit an all time high of $377/share
Thats a 190% return
$19,000,000 in potential… pic.twitter.com/k1um9EuFxM
— Nancy Pelosi Stock Tracker ♟ (@PelosiTracker_) November 20, 2023
Paul and Nancy Pelosi pulled in a 190 percent return on their investment, which goes a long way toward understanding how their net worth is estimated at $171.4 million. Staggering, right? The couples’ ability to make profitable trades is so good it’s almost like they can see into the future…
The American people aren’t falling for these shenanigans. We all know there’s some insider trading tips being shared in exchange for political favors. Information coming through Congress enabled Pelosi to make a number of stock trades that helped create her enormous net worth.
Nothing to see here..
— AG 🔥 (@Yolo304741) November 21, 2023
I assume she was able to make this purchase with her government salary 😁🤔
— Sheldon Matos (@sheldon_matos) November 21, 2023
Once a crook, always a crook. Congress will be a much better place when Pelosi steps down and takes this blatant corruption with her.
Copyright 2023. CongressReport.com
Who knows. Maybe at some point she’ll have a chance to prove her innocence.
Congress is loaded with crooks. Look at all the bills they sign without reading, just because the working class get stuck paying the bill. But we the people will definitely will be voting those undeserving Congress individuals out.
that will some day maker her the richest congressperson in the cemetary!
Nancy cannot prove her innocence. She is totally guilty of many crimes, one of which is treason. Per the GITMO tribunal tv channel, she was executed 12/26/22 at 10:07 am. Amazing how many people do not do their research and will believe anything. I believe those people are also criminals in retrospect.
How come she is not prosecuted? Martha Stewart was prosecuted for getting insider trading.