Lavish Wealth Exposed! WH Press Sec Karoline Leavitt’s Husband Owns as much as 10 Properties—Is His Fortune Raising Ethical Questions?

The millionaire has surprising plans for his future

WHITE House Press Secretary Karoline Leavitt’s husband has amassed an enviable group of properties in his impressive rags-to-riches career.

Leavitt, 27, made history by being the youngest press secretary and having an impressive resume for her age, but her husband, Nicholas Riccio, has had several secret successes of his own.

White House Press Secretary Karoline Leavitt’s husband Nicholas Riccio has a multi-million dollar real estate portfolioCredit: Instagram/karolineleavitt

The powerhouse couple first got engaged on Christmas Day in 2023Credit: Instagram/karolineleavitt

In July, they welcomed a baby boy to their familyCredit: Instagram/karolineleavitt
Riccio, who is 32 years older than Leavitt, may not be in the spotlight at the White House like his wife, but he’s the center of attention in the New Hampshire real estate scene.

That’s because he owns a multi-million dollar property portfolio in enviable areas like Hampton Beach, which is just an hour north of Boston, Massachusetts, Realtor.com reported.

Riccio chose to invest in the beachfront resort area after driving around and seeing broken-down buildings with tons of potential.

Though he didn’t have any money as a young man, as soon as he had enough cash he made his first purchase.

The self-made millionaire bought 15 buildings by 2005 and founded his business, Riccio Enterprises LLC.

Riccio, a 60-year-old New Hampshire native, now has a net worth of $6 million and nine homes for rent under Nautical Beach Rentals in his home state and one in West Virginia.

Before he became a real estate mogul, Riccio battled his way through a rough upbringing where he spent years bouncing between his divorced parents’ homes.

By 18, Riccio was virtually homeless.

“When I was 19 or 20, I would call my buddies to go over [to] their houses to watch a game just so I could take a shower,” he told the Portsmouth Herald.

Riccio said he worked at grocery stores and borrowed money to pay his way through college.

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In 1990, he took a real estate course and became infatuated with the industry.

Since then, Riccio has taken over the real estate world, but that isn’t actually his ultimate dream.

A massive sports fan, his home includes impressive sports memorabilia, from boxing gloves autographed by Muhammad Ali to photos of Larry Bird.

“My work in real estate has helped facilitate my dream of owning a professional sports team,” he told Seacoast Online.

“And that will happen one day in the near future.”

Get to know Karoline Leavitt

Donald Trump’s press secretary is the youngest White House press secretary ever at 27.

Here are some fast facts about Karoline Leavitt:

She was raised Catholic in Atkinson, New Hampshire
She attended Saint Anselm College
She started her college’s first broadcasting club
She interned at Fox News during college
She worked as the assistant press secretary under Kayleigh McEnany
She won the Republican primary for the US House of Representatives in New Hampshire in 2022
She’s married to 59-year-old entrepreneur Nicholas Riccio
She gave birth to her first son, Niko, in July 2024
She went back to work for Trump days after giving birth
She had her mic cut off in a CNN interview in June 2024 after criticizing presidential debate moderators Dana Bash and Jake Tapper