RE: Enrichment Through Government Service
You are viewing a single comment's thread:
Hi @aloysiusmbaba,
I was actually only writing about the top leader--president, PM, etc. If we are looking at other government officials I'll have to write a book! I don't know how it works in other countries, but the rules governing investing by U.S. elected officials are porous. And their families...well that's open season.
Pelosi's husband is a venture capitalist I think. The possibilities were unlimited and they became, as a couple, vastly wealthy. She came to office in 2007, so that's a long time to make money.
I found a list from 2014 that attempted to show the amount of wealth amassed by U.S. Senators and Representatives over their careers. I don't know how accurate the list is, but it does show that being in government rarely impoverishes. Here's the list.
Ok. Thanks.
Thanks for raising the issue...interesting perspective.