--- title: Nancy Pelosi Is Getting a Big Raise as the New Speaker of the House description: Nancy Pelosi is the new speaker of the House. Here's how much she will make in her new role. authors: - name: Julia Glum role: Managing Editor url: https://money.com/author/julia-glum/ bio: Julia Glum joined Money in 2018 and specializes in covering financial trends that affect everyday Americans' wallets. She also writes Dollar Scholar, a weekly newsletter that teaches young adults how to navigate the messy world of money. education: University of Florida at_money_since: 2018 articles: 453 covers: - Economy and Politics - Banking - Business - Career Advice - Credit - Credit Cards - Debt - Education - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Professional Services - Retirement - Shopping - Taxes - Technology also_seen_in: - Newsweek - International Business Times - CBS News - Good Morning America - WUSA9 - Pix 11 - The New York Times - Mashable - The Washington Post - CNBC - Politico social: - https://x.com/superjulia - https://www.linkedin.com/in/julia-glum published: '2019-01-03T19:00:55.000Z' modified: '2021-01-20T16:40:34.000Z' section: Economy and Politics tags: - Congress word_count: 547 canonical: https://money.com/nancy-pelosi-speaker-of-house-salary/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![(L-R) House Minority Whip Steny Hoyer (D-MD), Senate Minority Whip Richard Durbin (D-IL), House Speaker designate Nancy Pelosi (D-CA) and Senate Minority Leader Charles Schumer (D-NY) talk to journalists following a meeting with U.S. President Donald Trump, Homeland Security Secretary Kirstjen Nielsen and fellow members of Congress about border security at the White House January 02, 2019 in Washington, DC.](https://img.money.com/2019/01/190103-nancy-pelosi.jpg?crop=0px%2C5px%2C2800px%2C1575px&quality=85) *(L-R) House Minority Whip Steny Hoyer (D-MD), Senate Minority Whip Richard Durbin (D-IL), House Speaker designate Nancy Pelosi (D-CA) and Senate Minority Leader Charles Schumer (D-NY) talk to journalists following a meeting with U.S. President Donald Trump, Homeland Security Secretary Kirstjen Nielsen and fellow members of Congress about border security at the White House January 02, 2019 in Washington, DC.* When Nancy Pelosi became the speaker of the House on Thursday, she didn't just make history. She also got a serious pay bump. House speakers earn an annual salary of $223,500, [according to the House Press Gallery](https://pressgallery.house.gov/member-data/salaries). That amounts to a roughly $30,000 raise for Pelosi, who is now again the third-highest-paid elected official in the U.S. federal government (after the president and vice president). Pelosi is the first politician in over 60 years to land the speaker job twice. She's also the only woman and the [oldest](https://www.politico.com/story/2019/01/03/nancy-pelosi-speaker-congress-profile-1077678) in the role. When she was first elected to the House of Representatives back in 1987, the standard pay for a non-ranking member of Congress was $89,500. But the California Democrat quickly climbed the ladder, and her compensation has recently outpaced that of her colleagues. As [House Minority Leader](https://history.house.gov/People/Office/Minority-Leaders/) of the 115th Congress, the California Democrat earned $193,400 per year. All other representatives [made](https://www.senate.gov/CRSpubs/9c14ec69-c4e4-4bd8-8953-f73daa1640e4.pdf) $174,000. Here's what else we know about congressional pay and Pelosi's finances. ## How Nancy Pelosi Made Her Money Estimates of Pelosi's net worth vary. Roll Call's most recent [Wealth of Congress](http://www.rollcall.com/wealth-of-congress) analysis says she's worth at least $16 million, but [OpenSecrets](https://www.opensecrets.org/personal-finances/net-worth?cid=N00007360&year=2016) puts her around $100 million. (She has [refused to talk](https://www.realclearpolitics.com/video/2018/02/21/heckler_to_pelosi_how_much_are_you_worth_nancy_pelosi_were_not_talking_about_that.html) about it.) What we do know comes from her [financial disclosure reports](http://clerk.house.gov/public_disc/financial-pdfs/2017/10020995.pdf). For example, she and her husband, Paul, own a house and vineyard in California that's worth at least $5 million and that brought in between $15,000 and $50,000 in grape sales in 2017. She owns a commercial property and a four-story building in San Francisco that each earned her at least $100,000. She also has stock in Apple, Facebook and Disney. Paul Pelosi makes most of his cash from Financial Leasing Services, Inc., an investment company. But he's not always bringing home the metaphorical bacon: He recently lost millions of dollars as the owner of the the Sacramento Mountain Lions, a soccer team in the [short-lived](https://www.sacbee.com/latest-news/article211830339.html) United Football League, according to Roll Call. "He's a private person, not involved in political life," a Pelosi spokeswoman [told the *San Francisco Chronicle*](https://www.sfgate.com/politics/article/Pelosi-s-husband-prefers-a-low-profile-2660253.php) in 2007. "Mr. Pelosi's investments are separate from hers, and they have separate careers." ## **The Politics of Pelosi's Pay** Pelosi is stepping into her old position in a turbulent time. President Donald Trump has spent nearly two weeks warring with the Democrats over funding for his Mexico border wall, leading to a partial government shutdown. As a result, about 380,000 employees are on furlough, [according to the *Wall Street Journal*](https://www.wsj.com/articles/more-than-380-000-federal-employees-face-furlough-in-shutdown-11545350290). The new speaker has called upon Trump to end the shutdown, but she hasn't yet joined her peers in publicly vowing to donate her salary while Congress works to find a solution. Sen. Elizabeth Warren, of Massachusetts, [tweeted](https://twitter.com/SenWarren/status/1080247369420161025?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1080247369420161025&ref_url=https%3A%2F%2Fwww.cnn.com%2F2019%2F01%2F01%2Fpolitics%2Felizabeth-warren-congress-donate-salary-shutdown%2Findex.html) that she planned to donate her salary to a refugee nonprofit during the shutdown. Sen. Mazie Hirono, of Hawaii, [promised](https://www.staradvertiser.com/2018/12/27/breaking-news/sen-mazie-hirono-says-she-is-donating-pay-to-hawaii-food-banks-during-shutdown/) to give her pay to local food banks. Meanwhile, as Pelosi takes over the House, her predecessor [Paul Ryan](https://money.cnn.com/2015/10/29/pf/jobs/paul-ryan-pay-hike/) is on track to enjoy a payday of his own. The specifics of his pension [are unclear](https://www.businessinsider.com/house-speaker-paul-ryan-retirement-decision-pension-2018-4), but Wisconsin Republican's net worth is [estimated](https://www.opensecrets.org/news/2018/04/as-paul-ryan-retires/) at about $6 million. [Bloomberg reported](https://www.bloomberg.com/news/articles/2018-04-12/ryan-poised-to-earn-millions-even-if-he-sheds-weekend-dad-role) that, now that Ryan's retired from the House, he'll make a great candidate for high-paying corporate board gigs. 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