Paul Pelosi

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 52nd speaker of the United States House of Representatives.

In October 2022, Pelosi was severely assaulted after a man wielding a hammer broke into his San Francisco home. Pelosi survived with a skull fracture. The assailant, David DePape, initially targeting Pelosi's wife, was convicted of federal offenses in 2023.[2]

Early life and education

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

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.[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.[12] 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.[13][14][15]

Personal life

In 1957, at the age of 16, Pelosi lost control of a car that he was driving on Skyline Boulevard, 1 mi north of Crystal Springs Dam in San Mateo County, California[4] and crashed. His older brother David, who was a passenger in the car, died in the crash.[4] Moments before the crash, David had warned his brother to reduce speed.[4] Paul Pelosi was exonerated in the matter by the coroner's jury.[16][17]

Pelosi married Nancy Pelosi (D'Alesandro) on September 7, 1963, at the Cathedral of Mary Our Queen in Baltimore, Maryland.[18] 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.[19][20][16] Pelosi pleaded guilty in August 2022 and he was sentenced to five days in jail, paying $6,800 in fines and restitution, completing a DUI program, as well as three years of probation.[21][22][23]

2022 attack

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.[24][25] The suspect was taken into police custody, while Pelosi was hospitalized with blunt force injuries.[24][26] He underwent skull surgery after the attack and was discharged from hospital on November 3.[27][28] 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.[29] DePape was charged with multiple crimes including assault, attempted homicide, and attempted kidnapping. He pleaded not guilty to all state charges.[30][31][32]

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.[33]

DePape was convicted on federal charges on November 16, 2023.[34][2] On May 17, 2024, he was sentenced to 30 years in prison.[35] In October 2024, DePape was sentenced to life without parole in state prison.[36]

When asked by Anderson Cooper about her husband's condition in June 2024, over a year and a half after the attack, Nancy Pelosi replied, "He's making progress. He's about 80% there, physically. Traumatically, it's terrible."[37]

References

  1. George H. Young. Sacramento Mountain Lions Bring UFL Action to Raley Field Sacramento Press, August 6, 2012, retrieved November 26, 2022^
  2. Northern District of California | David DePape Convicted of Assault and Attempted Kidnapping Charges | United States Department of Justice November 17, 2023^
  3. Nancy Pelosi. Know Your Power: A Message to America's Daughters Anchor Books, 2008^
  4. Youth Killed in Crash; Neck Brace Blamed San Francisco Examiner, February 23, 1957, retrieved 2022-11-12^
  5. Christine Pelosi. The Nancy Pelosi Way: Advice on Success, Leadership, and Politics from America's Most Powerful Woman Simon and Schuster, November 26, 2019^
  6. Marc Sandalow. Madame Speaker Modern Times, 2008^
  7. Paul Pelosi Will Marry in the East San Francisco Chronicle, May 27, 1963^
  8. Salmon, Stephanie. 10 Things You Didn't Know About Nancy Pelosi, U.S. News & World Report, November 7, 2006.^
  9. Board of Advisors Georgetown University, retrieved January 3, 2019^
  10. Open Secrets Open Secrets, June 17, 2003, retrieved June 8, 2020^
  11. Nancy Pelosi www.latimes.com, retrieved December 9, 2019^
  12. Les Carpenter. Paul Pelosi, Husband of House Speaker, Takes His Shot at Football The Washington Post, October 17, 2009, retrieved January 3, 2019^
  13. Jonathan Weisman. Stock Trading Ban for Lawmakers Gains Momentum on Capitol Hill The New York Times, February 9, 2022, retrieved September 2, 2022^
  14. Billy House, Anna Edgerton. Pelosi's Husband Locked In $5.3 Million From Alphabet Options Bloomberg, July 8, 2021, retrieved September 2, 2022^
  15. Tim Mak. TikTokers Are Trading Stocks By Copying What Members Of Congress Do NPR, September 21, 2021, retrieved September 2, 2022^
  16. Jacob Bernstein, Holly Secon. Nancy Pelosi's Napa: Wealthy Friends and a Husband's Porsche Crash The New York Times, June 22, 2022, retrieved July 19, 2022^
  17. GVWire June 1, 2022^
  18. Margaret McManus. Baltimore-bred lawmaker lives, breathes politics The Baltimore Sun, February 4, 1995, retrieved December 10, 2011^
  19. Zach Schonfeld. Husband of Speaker Nancy Pelosi arrested for DUI in California The Hill, May 29, 2022, retrieved May 29, 2022^
  20. Gustaf Kilander, Bowden John. House Speaker Nancy Pelosi's husband arrested for DUI after crash in Napa The Independent, May 30, 2022^
  21. Amy B Wang. Paul Pelosi, husband of House speaker, pleads not guilty to DUI charges Washington Post, August 3, 2022, retrieved August 4, 2022^
  22. Alex Stone. Nancy Pelosi's husband Paul Pelosi pleads guilty to DUI ABC News, retrieved August 23, 2022^
  23. Steve Gorman. Nancy Pelosi's husband pleads guilty to drunken driving in California Reuters, August 24, 2022^
  24. Kevin Freking, Michael Balsamo, Colleen Long. Paul Pelosi, speaker's husband, beaten with hammer at home Associated Press, October 28, 2022, retrieved October 28, 2022^
  25. Eugene Scott, Leigh Ann Caldwell. Husband of House Speaker Pelosi attacked during break-in of California home, office says The Washington Post, October 28, 2022, retrieved October 28, 2022^
  26. Amanda Holpuch. Intruder Assaults Nancy Pelosi's Husband in Their San Francisco Home The New York Times, October 28, 2022, retrieved October 28, 2022^
  27. Billy House. 'Full Recovery' Expected for Paul Pelosi After Surgery on Skull www.bloomberg.com, October 28, 2022, retrieved 2022-11-03^
  28. Jamie Gangel, Augie Martin. Paul Pelosi released from hospital, source tells CNN CNN, November 3, 2022, retrieved November 3, 2022^
  29. Tim Arango, Holly Secon, Kellen Browning. Suspect in Pelosi Attack Had Other Targets, Authorities Say The New York Times, 2022-11-01, retrieved 2022-11-03^
  30. Shira Stein, Danielle Echeverria, Megan Cassidy. Suspect in Paul Pelosi hammer attack identified; reportedly asked 'Where is Nancy?' San Francisco Chronicle, October 28, 2022, retrieved October 28, 2022^
  31. Carlos Baker, Billy House, Emily Wilkins. Paul Pelosi Attacker Is Charged With Attempted Homicide Bloomberg, 2022-10-28, retrieved 2022-10-28^
  32. Megan Cassidy. Paul Pelosi attack: Suspect David DePape pleads not guilty, says he was on a 'suicide mission' San Francisco Chronicle, 2022-11-01, retrieved 2022-11-03^
  33. Emily Cochrane, Catie Edmonson. 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, December 5, 2022, retrieved December 5, 2022^
  34. Matthew Green. David DePape Found Guilty in Paul Pelosi Hammer Attack KQED, November 16, 2023, retrieved November 16, 2023^
  35. David K. Li, Mirna Alsharif. David DePape, man who attacked Paul Pelosi with a hammer, sentenced to 30 years in prison NBC News, 17 May 2024, retrieved 17 May 2024^
  36. David Li. David DePape sentenced to life without parole for hammer attack on Paul Pelosi in state case NBC News, 29 October 2024, retrieved 13 December 2025^
  37. Josephine Harvey. Nancy Pelosi Delivers Blistering 5-Word Trump Prediction Huffington Post, June 26, 2024, retrieved July 2, 2024^