Nicholas Riccio, the husband of White House Press Secretary Karoline Leavitt, has shared an inspiring narrative of his journey from homelessness to becoming a multi-millionaire.
At 59 years old, and 32 years older than his wife, Riccio recently recounted his extraordinary life story in an interview with the Portsmouth Herald, detailing his ascent from a life of hardship to one of financial achievement.
He successfully built a substantial fortune and established himself as a notable figure in the real estate sector. His transformation from poverty to prosperity exemplifies resilience and ambition. Riccio reflected on his challenging upbringing in a low-income family as one of four siblings, discussing the emotional impact of his parents’ divorce and the devastating loss of his mother to cancer.
At the age of 18, Riccio left home and relied on friends for shelter, recalling how, at 19 or 20, he would visit their houses under the guise of watching a game, simply to have the opportunity to shower.
His narrative illustrates a remarkable shift from a life marked by instability to achieving multimillion-dollar success in business—a quintessential American story.
A graduate of Alvirne High School, class of 1983, Riccio later attended Plymouth State University. After completing his education, he enrolled in a real estate course in 1990, a pivotal decision that would influence his career trajectory.
In the early stages of his real estate career, Riccio took bold financial risks, even borrowing money at exorbitant interest rates ranging from 50 to 100 percent—decisions that ultimately contributed to his success.
His perseverance eventually led to the creation of a flourishing real estate enterprise. Riccio now serves as the driving force behind Riccio Enterprises LLC and its subsidiary, Nautical Beach Properties.As reported by Economic Times, his astute investment tactics and unwavering commitment to the real estate industry have contributed to his estimated net worth of $6 million.
Nicholas encountered Karoline Leavitt, who currently serves as the White House Press Secretary, through a mutual acquaintance at a political event.
While they have maintained a level of privacy regarding their relationship, the couple made their engagement public in December 2023.
Shortly thereafter, they celebrated their marriage in an intimate ceremony. In July 2024, Karoline welcomed their first child, a son named Nicholas Robert.
