Nancy Pelosi Made $500,000 From Her Nvidia Bet, Doubling Her Annual Government Salary In Just 2 Months
  • 3 months ago
U.S. Rep. Nancy Pelosi, D-California, has achieved significant financial gains from her recent investment in Nvidia, a prominent company in artificial intelligence (AI) and semiconductors. On Nov. 22, Pelosi acquired 50 call options for Nvidia with a strike price of $120, expiring on Dec. 20, 2024. The transaction value ranged between $1 million and $5 million​​.

As of early 2024, Pelosi has reportedly made nearly $500,000 from this investment, surpassing her annual government salary of approximately $223,500. This gain is attributed to Nvidia’s stock performance, which has seen an increase of over 21% in value since Pelosi’s acquisition​​, according to Finbold.