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Paul Pelosi Makes Major Investments Following Arrest for DUI

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OPINION: This article may contain commentary which reflects the author's opinion.


Paul Pelosi, husband of House Speaker Nancy Pelosi, appears to have moved on somewhat from his arrest for allegedly driving under the influence of alcohol last month.

According to a Friday report, Pelosi was back to making a number of notable moves in the stock market in June, including “investing millions in Nvidia Corporation” while selling “large quantities of Visa and Apple stocks and call options,” The Epoch Times noted, citing a disclosure from the Speaker, a California Democrat.

The outlet reported:

According to the filing, Paul Pelosi exercised 200 call options, or 20,000 shares, of Nvidia at a strike price of $100 and expiration of June 17, 2022, worth between $1 million and $5 million.

On that same date, her husband also sold 50 call options in Apple at a strike price of $100, with the transaction listed with a value of between $100,000 and $250,000.

Call options are a contract between a buyer and a seller to purchase a certain stock, bond, commodity, or other assets at a certain price up until a defined expiration date.

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Paul Pelosi is a financier whose estimated wealth is north of $100 million. He also sold 10,000 shares of Visa that were worth between $1 million and $5 million on June 21, the filing by his wife noted.

Earlier in June, Nancy Pelosi disclosed that Paul bought options to purchase shares of Apple Inc. and Microsoft Corp. that were worth nearly $2 million. Paul owns an operates a real estate and consulting firm based in San Francisco.

In late May, Paul Pelosi was arrested for DUI, with his attorney issuing a statement shortly thereafter.

“Several news reports about Saturday night’s traffic incident involving Paul Pelosi have included incorrect information,” the attorney said. “Mr. Pelosi was attending a dinner party at the home of friends near Oakville.”

“He left that party at 10:15 PM Saturday, to drive to his home a short distance away. He was alone in his car,” the statement continued. “After stopping at the intersection of Walnut Drive and Highway 29, and proceeding across Highway 29 to Oakville Cross Road, his car was hit on the back fender by a Jeep heading southbound on Highway 29.”

The attorney went on to say that Pelosi was “fully cooperative with California Highway Patrol officers” and that “a prior driving offense erroneously attributed to Mr. Pelosi is untrue and likely refers to another person with the same name.”

“There are also incorrect reports that misstate the timing of events,” the statement concluded. “Mr. Pelosi left the dinner party at 10:15 PM Saturday. The incident happened a few minutes later. CHP and Napa County processing took until 7:30 AM Sunday.”

More than a week later, however, Paul Pelosi’s mugshot had not yet been released, leading Fox News host Jesse Watters to question why.

The sheriff “told us the jail had to release it. And then the jail said the sheriff’s office had to release it and then one of our producers was told the city council had to release it,” Watters said during his primetime program in early June.

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“And then we were directed to the county board of supervisors. And then when we called the vice-chair of the board, he said why would we have a mugshot?” Watters added.

“All I know is someone’s going through a lot of trouble to keep this mugshot hidden,” he said.

Eventually, Pelosi’s mugshot was released, but California authorities have thus far refused to release police bodycam footage.

The Napa County District Attorney’s Office claimed that releasing the footage of Paul Pelosi’s May 29 arrest by the California Highway Patrol for allegedly driving under the influence of alcohol would “jeopardize” an ongoing investigation.

“The Public Records Unit (PRU) has determined the Department possesses records responsive to your request,” CHP told Fox News Digital in a letter in a response to a California Public Records Act request filed last month.

“However, the Napa County District Attorney’s Office has advised the release of records would jeopardize an ongoing investigation. As such, records are being withheld pursuant to Government Code section 6254 (f).”

He has since been “charged with driving under the influence of alcohol causing injury and driving with .08% blood alcohol level or higher causing injury, according to a news release from the Napa County District Attorney’s Office,” CNN reported June 23.

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