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Paul Pelosi

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Paul Pelosi
Pelosi in 2022
Born
Paul Francis Pelosi

(1940-04-15) April 15, 1940 (age 84)
San Francisco, California, U.S.
EducationGeorgetown University (BS)
New York University (MBA)
OccupationBusinessman
Spouse
(m. 1963)
Children5, including Christine and Alexandra
RelativesRon Pelosi (brother)

Paul Francis Pelosi Sr. (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 current Speaker of the United States House of Representatives.

Early life

Pelosi was born and raised in San Francisco, the youngest in a family of three boys.[2] His father was John Pelosi, a wholesale pharmacist.[3] He attended St. Ignatius High School[3] and graduated from Malvern Preparatory School in Pennsylvania.[4][5] 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 Roman Catholic women's college, Trinity College, in Washington, D.C.[6] 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.[7][8]

Career

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.[9][10]

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.[7] 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.[11][12][13]

Personal life

In 1957, when Pelosi was still a minor, a car that he was driving was involved in an accident. His older brother David, who was a passenger in the car, died in the crash; Pelosi was subsequently acquitted of misdemeanor manslaughter.[14]

Pelosi married Nancy Pelosi (née D'Alesandro), on September 7, 1963, at the Cathedral of Mary Our Queen in Baltimore, Maryland.[15] They have five children including Christine and Alexandra. Nancy served as the 52nd Speaker of the U.S. House of Representatives from 2007 to 2011. Becoming the Speaker again, in 2019.

In May 2022, Pelosi was arrested for driving under the influence of alcohol in Napa County after he crashed into another at an intersection.[16][17][14] Pelosi pled guilty in August 2022 and 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.[18][19][20]

2022 attack

In the early hours of October 28, 2022, an assailant broke into Pelosi's San Francisco home screaming "Where's Nancy?" repeatedly, and subsequently attacked Paul Pelosi with a hammer.[21][22] The suspect was taken into police custody, while Pelosi was hospitalized with blunt force injuries, and expected to make a full recovery.[23][24] Pelosi underwent skull surgery after the attack.[25] The assailant demanded to see Nancy while entering the house, though she was in Washington, D.C. at the time of the attack.[23] The motive of the suspect remains unknown.[26] The suspect, a 42 year old man, was charged with attempted homicide.[27][28]

References

  1. ^ Young, George H. (August 6, 2012). "Sacramento Mountain Lions Bring UFL Action to Raley Field". Sacramento Press.
  2. ^ Pelosi, Nancy (2008). Know Your Power: A Message to America's Daughters. New York: Anchor Books. p. 46. ISBN 978-0-385-52586-2.
  3. ^ a b "Youth Killed in Crash; Neck Brace Blamed". San Francisco Examiner. February 23, 1957.
  4. ^ Sandalow, Marc (2008). Madame Speaker. New York: Modern Times. p. 37. ISBN 978-1-59486-807-8.
  5. ^ "Paul Pelosi Will Marry in the East". San Francisco Chronicle. May 27, 1963. p. 20.
  6. ^ Salmon, Stephanie. 10 Things You Didn't Know About Nancy Pelosi, U.S. News & World Report, November 7, 2006.
  7. ^ 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.
  8. ^ "Board of Advisors". Georgetown University. Retrieved January 3, 2019.
  9. ^ "Open Secrets | Nancy Pelosi". Open Secrets. Dow Jones Newswires. June 17, 2003. Retrieved June 8, 2020.
  10. ^ "Nancy Pelosi". www.latimes.com. Retrieved December 9, 2019.
  11. ^ Weisman, Jonathan (February 9, 2022). "Stock Trading Ban for Lawmakers Gains Momentum on Capitol Hill". The New York Times. Retrieved September 2, 2022.
  12. ^ House, Billy; Edgerton, Anna (July 8, 2021). "Pelosi's Husband Locked In $5.3 Million From Alphabet Options". Bloomberg. Retrieved September 2, 2022.
  13. ^ Mak, Tim (September 21, 2021). "TikTokers Are Trading Stocks By Copying What Members Of Congress Do". NPR. Retrieved September 2, 2022.
  14. ^ 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.
  15. ^ McManus, Margaret (February 4, 1995). "Baltimore-bred lawmaker lives, breathes politics". The Baltimore Sun. Retrieved December 10, 2011.
  16. ^ Schonfeld, Zach (May 29, 2022). "Husband of Speaker Nancy Pelosi arrested for DUI in California". The Hill. Retrieved May 29, 2022.
  17. ^ Kilander, Gustaf; John, Bowden (May 30, 2022). "House Speaker Nancy Pelosi's husband arrested for DUI after crash in Napa". The Independent.
  18. ^ Wang, Amy B (August 3, 2022). "Paul Pelosi, husband of House speaker, pleads not guilty to DUI charges". The Washington Post. Retrieved August 4, 2022.
  19. ^ Stone, Alex; Shapiro, Emily (August 23, 2022). "Nancy Pelosi's husband Paul Pelosi pleads guilty to DUI". ABC News. Retrieved August 23, 2022.
  20. ^ Gorman, Steve (August 24, 2022). "Nancy Pelosi's husband pleads guilty to drunken driving in California". Reuters.
  21. ^ 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.
  22. ^ 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.
  23. ^ a b "AP source: Assailant shouted 'Where is Nancy?" in attack". Associated Press. October 28, 2022. Retrieved October 28, 2022.
  24. ^ 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.
  25. ^ "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.
  26. ^ Barria, Carlos (October 28, 2022). "House Speaker Pelosi's husband in hospital after assault, motive unclear". Reuters. Retrieved October 28, 2022.
  27. ^ 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.
  28. ^ Baker, Carlos; House, Billy; Wilkins, Emily (October 28, 2022). "Paul Pelosi Attacker Is Charged With Attempted Homicide". Bloomberg. Retrieved October 28, 2022.