Because if this is how one accumulates wealth, it certainly sounds like it’s “off the pain and suffering of the working class and poor.”
D.C.-based nonprofit OpenSecrets.org estimated Pelosi’s net worth at $115 million in 2020, a rise of $41 million since 2004 - the first year OpenSecrets began tracking members’ personal finances.
Paul Pelosi’s company, Financial Leasing Services, has been highly successful in its investments in recent years and those investments have included shares in major firms such as Disney, Amazon and Google.
The New York Post estimated that the Pelosis had made between $5.6 million and $30.4 million between 2007 and 2020 through capital gains and dividends from investments in five tech companies - Facebook, Google, Amazon, Apple and Microsoft - based on public disclosures.
Fair! But personally it’s my opinion that in all but a vanishingly small number of cases, if someone is sitting on high tens of millions of dollars and on up, I feel very certain that fundamentally this description works:
Literally enriched herself off the pain and suffering of the working class and poor.
While there are people who are underpaid and struggling to eat, there’s not a path to that kind of wealth that isn’t directly or indirectly exploiting their pain and suffering.
Are we playing the “it’s her spouse who is the stock investor” game?
https://www.newsweek.com/how-nancy-pelosi-net-worth-vastly-increased-while-house-speaker-1762361
Because if this is how one accumulates wealth, it certainly sounds like it’s “off the pain and suffering of the working class and poor.”
That’s not really good evidence. They could’ve made more money by just holding an SP 500 index fund. Their recent Visa trade is better evidence.
Fair! But personally it’s my opinion that in all but a vanishingly small number of cases, if someone is sitting on high tens of millions of dollars and on up, I feel very certain that fundamentally this description works:
While there are people who are underpaid and struggling to eat, there’s not a path to that kind of wealth that isn’t directly or indirectly exploiting their pain and suffering.
Their wealth is itself the evidence.