House Minority Leader Nancy Pelosi's wealth grows 62% to $35.2M, Bo...

http://articles.nydailynews.com/2011-06-16/news/29687626_1_stock-gai...

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House Minority Leader Nancy Pelosi's wealth grows 62% to $35.2M, Boehner, Reid's worth increases too
BY ALIYAH SHAHID DAILY NEWS STAFF WRITER Thursday, June 16, 2011

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What recession? House Minority Leader Nancy Pelosi's net worth skyrocketed 62% last year, to a jaw-dropping $35.2 million, according to financial disclosure forms released Wednesday. Pelosi, the former House speaker, wasn't alone. The California Democrat's gavel-gripping successor, Republican John Boehner, also saw his wealth get a boost, with the Ohio GOPer's net worth increasing from $1.8 million in 2009 to $2.1 million last year. Pelosi's drastic growth, from an initial $21.7 million in 2009, is attributed to recent stock gains and smart investments. Her husband reported raking in $1 million to $5 million last year from a sale of Apple stocks.
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The couple also has a commercial property in San Francisco and a home in St. Helena, Calif., each valued between $5 million and $25 million. She also has a stake in some valuable residential real estate in Sacramento. Boehner, too, has a portfolio of stocks in oil companies, financial firms, communication companies and pharmaceuticals. None of the newly acquired cash violates congressional ethics rules, though members can't use their official positions for personal gain and are limited to earn a maximum of $26,100 outside Congress, personal investments are allowed. All rank-and-file members of Congress received salaries of $174,000 last year. As speaker last year, Pelosi was paid $223,500 and House and Senate majority and minority leaders garnered $193,400. Among the findings: -- Darrell Issa (R-Calif), inventor of the Viper car alarm system, is among the richest members of Congress. He reported holdings of between $150 million and $500 million. --Rep. Charles Rangel (D-N.Y.), who was censured by the House last year for failing to pay taxes on

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House Minority Leader Nancy Pelosi's wealth grows 62% to $35.2M, Bo...

http://articles.nydailynews.com/2011-06-16/news/29687626_1_stock-gai...

income from a villa in the Dominican Republic, sold the residence for $250,001 to $500,000. -- Senate Majority Leader Harry Reid (D-Nev.) has a net worth of $3.4 million - a nearly 10% increase from 2009 to 2010. -- Senate Republican Leader Mitch McConnell (R-Ky.) says he has a minimum net worth of $9.8 million, nearly a 30% increase from last year. -- 101 House members and 20 senators were given extensions to file their forms. That includes No. 2 Senate Democrat Dick Durbin of Illinois, House Ways and Means Committee Chairman Dave Camp, (R-Mich.), House Appropriations Committee Chairman Hal Rogers (R-Ky.) and Tea Party presidential hopeful Michele Bachmann, (R-Minn.). With News Wire Services ashahid@nydailynews.com
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