Paul Francis Pelosi (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 52nd speaker of the United States House of Representatives.

Paul Pelosi
Pelosi in June 2022
Born
Paul Francis Pelosi

(1940-04-15) April 15, 1940 (age 83)
San Francisco, California, U.S.
EducationGeorgetown University (BS)
New York University (MBA)
OccupationBusinessman
Spouse
(m. 1963)
Children5, including Christine and Alexandra
RelativesRon Pelosi (brother)

In October 2022, Pelosi was severely assaulted after a man wielding a hammer broke into his San Francisco home, surviving with a skull fracture. The assailant, David DePape, initially targeting Pelosi's wife, was convicted of federal offenses in 2023.

Early life edit

Pelosi was born and raised in San Francisco, the youngest in a family of three boys.[2] He is the son of John Pelosi, a wholesale pharmacist, and his wife Corinne (née Bianchi).[3][4] He attended St. Ignatius High School[3] and graduated from Malvern Preparatory School in Pennsylvania.[5][6] 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 Catholic women's college, Trinity College, in Washington, D.C.[7] 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.[8][9]

Career edit

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.[10][11]

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.[8] 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.[12][13][14]

Personal life edit

In 1957, at the age of 16, Pelosi lost control of a car that he was driving on Skyline Highway, a mile north of Crystal Springs Dam in San Mateo County, California[3] and crashed. His older brother David, who was a passenger in the car, died in the crash.[3] Moments before the crash, David had warned his brother to reduce speed.[3] Paul Pelosi was exonerated in the matter by the coroner's jury.[15][16]

Pelosi married Nancy Pelosi (née D'Alesandro), on September 7, 1963, at the Cathedral of Mary Our Queen in Baltimore, Maryland.[17] They have five children, including Christine and Alexandra. Nancy served as the 52nd Speaker of the House of Representatives from 2007 to 2011 and again from 2019 to 2023.

In May 2022, Paul Pelosi was arrested for driving under the influence of alcohol in Napa County after he crashed into another car at an intersection.[18][19][15] Pelosi pleaded guilty in August 2022 and he 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.[20][21][22]

2022 attack edit

In the early hours of October 28, 2022, an assailant broke into Pelosi's San Francisco home, shouted "Where's Nancy?", and subsequently attacked Pelosi with a hammer.[23][24] The suspect was taken into police custody, while Pelosi was hospitalized with blunt force injuries.[25][26] He underwent skull surgery after the attack. An initial statement from Nancy Pelosi's spokesperson said doctors expected him to make a full recovery.[27][28] On October 31, Nancy Pelosi reported he was "making steady progress on what will be a long recovery process."[29] On November 3, he was discharged from hospital.[30] The suspect, 42-year-old David DePape, told police he was on "a suicide mission" and wanted to take Nancy Pelosi hostage, question her, and break her kneecaps if she lied.[31] DePape was charged with multiple crimes including assault, attempted homicide, and attempted kidnapping. He pleaded not guilty to all state charges.[32][33][34]

Pelosi first returned to public view over a month later, when he appeared with his wife at the Kennedy Center Honors. He wore a hat and a glove to conceal his injuries.[35]

DePape was convicted on federal charges on November 16, 2023.[36]

References edit

  1. ^ Young, George H. (August 6, 2012). "Sacramento Mountain Lions Bring UFL Action to Raley Field". Sacramento Press. Retrieved November 26, 2022.
  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 c d e "Youth Killed in Crash; Neck Brace Blamed". San Francisco Examiner. February 23, 1957. Retrieved November 12, 2022.
  4. ^ Pelosi, Christine (November 26, 2019). The Nancy Pelosi Way: Advice on Success, Leadership, and Politics from America's Most Powerful Woman. ISBN 9781510755857.
  5. ^ Sandalow, Marc (2008). Madame Speaker. New York: Modern Times. p. 37. ISBN 978-1-59486-807-8.
  6. ^ "Paul Pelosi Will Marry in the East". San Francisco Chronicle. May 27, 1963. p. 20.
  7. ^ Salmon, Stephanie. 10 Things You Didn't Know About Nancy Pelosi, U.S. News & World Report, November 7, 2006.
  8. ^ 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.
  9. ^ "Board of Advisors". Georgetown University. Retrieved January 3, 2019.
  10. ^ "Open Secrets | Nancy Pelosi". Open Secrets. Dow Jones Newswires. June 17, 2003. Retrieved June 8, 2020.
  11. ^ "Nancy Pelosi". www.latimes.com. Retrieved December 9, 2019.
  12. ^ Weisman, Jonathan (February 9, 2022). "Stock Trading Ban for Lawmakers Gains Momentum on Capitol Hill". The New York Times. Retrieved September 2, 2022.
  13. ^ House, Billy; Edgerton, Anna (July 8, 2021). "Pelosi's Husband Locked In $5.3 Million From Alphabet Options". Bloomberg. Retrieved September 2, 2022.
  14. ^ Mak, Tim (September 21, 2021). "TikTokers Are Trading Stocks By Copying What Members Of Congress Do". NPR. Retrieved September 2, 2022.
  15. ^ 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.
  16. ^ GVWire June 1, 2022
  17. ^ McManus, Margaret (February 4, 1995). "Baltimore-bred lawmaker lives, breathes politics". The Baltimore Sun. Retrieved December 10, 2011.
  18. ^ Schonfeld, Zach (May 29, 2022). "Husband of Speaker Nancy Pelosi arrested for DUI in California". The Hill. Retrieved May 29, 2022.
  19. ^ Kilander, Gustaf; John, Bowden (May 30, 2022). "House Speaker Nancy Pelosi's husband arrested for DUI after crash in Napa". The Independent.
  20. ^ Wang, Amy B (August 3, 2022). "Paul Pelosi, husband of House speaker, pleads not guilty to DUI charges". Washington Post. Retrieved August 4, 2022.
  21. ^ Stone, Alex. "Nancy Pelosi's husband Paul Pelosi pleads guilty to DUI". ABC News. Retrieved August 23, 2022.
  22. ^ Gorman, Steve (August 24, 2022). "Nancy Pelosi's husband pleads guilty to drunken driving in California". Reuters.
  23. ^ 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.
  24. ^ 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.
  25. ^ "AP source: Assailant shouted 'Where is Nancy?" in attack". Associated Press. October 28, 2022. Retrieved October 28, 2022.
  26. ^ 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.
  27. ^ House, Billy (October 28, 2022). "'Full Recovery' Expected for Paul Pelosi After Surgery on Skull". www.bloomberg.com. Retrieved November 3, 2022.
  28. ^ "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.
  29. ^ "Nancy Pelosi says husband making "steady progress" on "long recovery"". www.cbsnews.com. Retrieved November 3, 2022.
  30. ^ Gangel, Jamie; Martin, Augie (November 3, 2022). "Paul Pelosi released from hospital, source tells CNN". CNN. Retrieved November 3, 2022.
  31. ^ Arango, Tim; Secon, Holly; Browning, Kellen (November 1, 2022). "Suspect in Pelosi Attack Had Other Targets, Authorities Say". The New York Times. ISSN 0362-4331. Retrieved November 3, 2022.
  32. ^ 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.
  33. ^ Baker, Carlos; House, Billy; Wilkins, Emily (October 28, 2022). "Paul Pelosi Attacker Is Charged With Attempted Homicide". Bloomberg. Retrieved October 28, 2022.
  34. ^ Cassidy, Megan (November 1, 2022). "Paul Pelosi attack: Suspect David DePape pleads not guilty, says he was on a 'suicide mission'". San Francisco Chronicle. Retrieved November 3, 2022.
  35. ^ Cochrane, Emily; Edmonson, Catie (December 5, 2022). "Paul Pelosi Is Cheered at Kennedy Honors in Public Return After Attack: The ceremony honored the rock band U2, the singer Gladys Knight, the actor George Clooney, the composer Tania León and the singer-songwriter Amy Grant". New York Times. Retrieved December 5, 2022.
  36. ^ Green, Matthew (November 16, 2023). "David DePape Found Guilty in Paul Pelosi Hammer Attack". KQED. Retrieved November 16, 2023.

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