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Nicholas Riccio Net Worth

$6 Million
Real estate developer

Quick Facts

Full Name Nicholas Riccio
Net Worth $6 Million
Profession Real estate developer
Date of Birth February 23, 1965
Nationality American
Height 5'8" (1.73 m)
Spouse/Partner Karoline Leavitt (m. 2025)
Children 1 son (Niko, b. 2024); expecting daughter (May 2026)

Biography

Nicholas Riccio’s net worth is estimated at $6 million, derived from a real estate investment portfolio he built over more than three decades in Hampton Beach, New Hampshire. Riccio became a nationally recognized name in early 2025 when his wife, Karoline Leavitt, was appointed White House Press Secretary under President Donald Trump — making Riccio the first “Second Gentleman” of a press secretary in modern American political history.

Updated March 2026: According to reporting by People and Realtor.com, Riccio owns a portfolio of 10 to 15-plus rental properties in Hampton Beach, NH, with an estimated combined value forming the core of his $6 million net worth. His wife announced in December 2025 that they are expecting a second child, a daughter, in May 2026.

Early Life

Nicholas Riccio was born on February 23, 1965 (some sources cite March 18, 1965), in New Hampshire. He has spoken publicly about experiencing homelessness at some point in his early adult life before building his real estate business from the ground up. He began acquiring rental properties in Hampton Beach, New Hampshire, starting around 1993 with a single purchase, and methodically expanded his portfolio over the following three decades to include 10 to 15-plus properties.

Business Career

Riccio operates his real estate holdings through entities including Riccio Enterprises LLC and Nautical Beach Properties, both based in Hampton Beach, New Hampshire. The Hampton Beach area is a popular summer resort destination on the New Hampshire Atlantic coast, and Riccio’s properties there generate rental income primarily during the summer tourist season. He has described his investment strategy as patient accumulation of coastal properties over many years.

Riccio is credited with financially supporting his wife Karoline Leavitt’s political campaigns, including her 2022 congressional run in New Hampshire (which she narrowly lost) and her career trajectory that ultimately led to her appointment as White House Press Secretary. His direct involvement in business operations has been modest in public profile; his name became nationally prominent only through his wife’s political rise.

How Nicholas Riccio Built His $6 Million Net Worth

  • Hampton Beach rental portfolio: Starting from one property purchased around 1993, Riccio accumulated 10 to 15-plus rental properties in Hampton Beach, NH, per Realtor.com. The portfolio generates seasonal rental income from New Hampshire’s summer tourism market.
  • Property renovation and appreciation: Coastal New Hampshire real estate has appreciated significantly over the past three decades, likely contributing to the portfolio’s valuation.
  • Riccio Enterprises LLC / Nautical Beach Properties: His operating entities through which rental and property management income flows.

Personal Life

Nicholas Riccio and Karoline Leavitt married in January 2025 in a ceremony that preceded her confirmation as White House Press Secretary by weeks. Their age gap — Riccio is approximately 60 years old, while Leavitt is 27 — attracted significant media coverage. The couple’s son, Nicholas Robert “Niko” Riccio, was born on July 10, 2024. A second child, a daughter, is expected in May 2026, as announced by Leavitt in December 2025. The family is based in Hampton Beach, New Hampshire, where Riccio’s real estate portfolio is concentrated.

Frequently Asked Questions

What is Nicholas Riccio’s net worth?

Nicholas Riccio’s net worth is estimated at $6 million, based primarily on his real estate portfolio of 10 to 15-plus rental properties in Hampton Beach, New Hampshire. He built this portfolio starting from a single property purchase around 1993 despite having experienced homelessness earlier in his life, per Realtor.com.

Who is Nicholas Riccio’s wife?

Nicholas Riccio’s wife is Karoline Leavitt, who was appointed White House Press Secretary by President Donald Trump in January 2025, becoming one of the youngest press secretaries in American history. They married in January 2025. Leavitt previously served as communications director for Congressman Matt Gaetz and ran for Congress in New Hampshire in 2022.

How old is Nicholas Riccio?

Nicholas Riccio was born on approximately February 23, 1965, making him around 60 years old as of March 2026 (some sources cite a March 18, 1965 birth date). He is approximately 33 years older than his wife, Karoline Leavitt, an age gap that has been widely noted in media coverage of the couple.

What does Nicholas Riccio do for a living?

Nicholas Riccio is a real estate developer and landlord based in Hampton Beach, New Hampshire. He operates Riccio Enterprises LLC and Nautical Beach Properties, through which he manages a portfolio of 10 to 15-plus rental properties in the coastal New Hampshire tourist market. He has been in real estate for more than 30 years.

Does Nicholas Riccio have children?

Nicholas Riccio and his wife Karoline Leavitt have one son together, Nicholas Robert “Niko” Riccio, born on July 10, 2024. In December 2025, Leavitt announced that the couple is expecting a daughter in May 2026. Riccio may have children from prior relationships, though this has not been publicly confirmed.

Where does Nicholas Riccio live?

Nicholas Riccio is based in Hampton Beach, New Hampshire, where the bulk of his real estate portfolio is located. Hampton Beach is a coastal resort community on the New Hampshire seacoast. His wife, White House Press Secretary Karoline Leavitt, spends significant time in Washington, D.C., for her official duties.