Without a doubt, U.S. Rep. Nancy Pelosi (D-CA) remains one of the most powerful politicians in America. She also remains, along with her husband Paul Pelosi, a shrewd investor when it comes to stocks.
In fact, it’s almost uncanny how savvy the Pelosis are when it comes to trading in the stock market as seen this week when a recent investment in the world’s second biggest stock Microsoft just produced a staggering dividend of nearly $20 million.
“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 reported — the stock reached an all-time high Monday of more than $377.
Lo and behold, less than three years ago Pelosi bought roughly $10 million worth of MSFT shares in 2021 at $130 per share by exercising her calls, according to Nancy Pelosi Stock Tracker.
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
“Currently, Microsoft’s shares have surged nearly threefold from that price, marking a substantial 190% increase in percentage terms,” Finbold added. “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.”
As noted in the tweet above, that payoff resulted in a 190% return for Pelosi — returns like that help explain Pelosi’s estimated net worth of $171.4 million, as of 2021.
When it comes to Pelosi, social media users have seen and heard it all before… here’s a quick sampling of responses to the story, as seen on X:
That’s interesting
— Shon Phillips (@Zev804) November 20, 2023
Nothing to see here..
— AG (@Yolo304741) November 21, 2023
Rich getting richer and poor getting poorer
— Adekol (@Adekol5) November 20, 2023
And that’s how it’s done!
— TheLastDon (@TheLastDon222) November 20, 2023
I assume she was able to make this purchase with her government salary
— Sheldon Matos (@sheldon_matos) November 21, 2023
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Tom@bizpacreview.com
The longest-tenured writer at BizPac Review, Tom grew up in Maryland before moving to Central Florida as a young teen. It is in the Sunshine State that he honed both his passion for politics and his writing skills.
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