Nicholas Riccio Net Worth 2025: How Rich is Real Estate Agent?

Nicolas Riccio is an American real estate entrepreneur who founded Riccio Enterprises LLC. He owned 70 apartments and 15 properties by 2015. Nicholas’ wife, Karoline Leavitt is the youngest White House Press Secretary. As of 2025, Nicholas Riccio net worth is estimated at around $45 million.

Early Life

Nicholas Riccio was born in 1965 in the United States. He spent his childhood days growing up in a turbulent household. Nicholas was very young when his parents separated by divorce. He and his four siblings were primarily raised by his mom, Marilyn in Massachusetts. Riccio had a hard time during his childhood days. He faced homelessness by 18 and had spent most of his days living on the streets.

Riccio often relied on friends to fulfill necessities. He used to take showers at his friend’s houses. Despite these obstacles, he showcased remarkable determination and resilience. Nicholas studied at Alvirne High School and completed graduation in 1983. Following high school, he joined Plymouth State University. However, financial issues made his journey challenging. Nicholas frequently slept in his car. At one point, he worked at Purity Supreme grocery stores where he stocked shelves.

Career

Nicholas Riccio enrolled in a real estate course in 1990. He was driving with his mom through Hampton Beach, New Hampshire in 1993 when he encountered numerous condemned buildings on M Street. At that time, he sparked a vision for revitalization. Nicholas didn’t have financial resources but he was willing to succeed. Then, he started purchasing rundown buildings. Initially, he began with one property and later invested time and effort in the renovations of the structures that brought new life into the buildings.

Nicholas’ approach was methodical. He identified distressed properties, invested in renovations, and then transformed the structure into desirable living spaces. He was conducting real estate activities through his company, Riccio Enterprises LLC. By 2015, his company owned 70 apartments and 15 properties in Hampton Beach on M Street. Riccio focused on enhancing property value through strategic investments and thoughtful renovations.

Within a short time, Nicholas expanded his operations beyond Hampton Beach. He acquired multiple properties across New Hampshire and the White Mountains. By revitalizing neglected areas, he contributed positively to local communities and increased his wealth. Besides his real estate ventures, he became involved in political activities. Riccio actively participated in the campaign of his wife, Karline Leavitt, who later became the White House Press Secretary. Riccio utilized some of his properties for campaign events.

Nicholas has maintained a low profile and has preferred to stay out of the limelight. Rather than seeking media attention, he focused on his business. Nicholas has expressed aspirations to expand his venture into sports ownership. He is viewing his success in the real estate business as a means to achieve this objective. Riccio has a dream of owning a professional sports team as he is passionate about sports memorabilia.

Throughout the year, he has been actively involved in the success of growing his construction business. He has shared his plan to be more active in sharing details about his business journey through LinkedIn and other social media platforms. His activeness on the social platform shows his willingness to engage more with the public. Through his story of success and resilience, he potentially wants to inspire others.

Nicholas Riccio’s Wife- Karoline Leavitt

Niholas Riccio is married to Karoline Leavitt. Their paths crossed during Karoline’s congressional campaign in New Hampshire in 2022. Nicholas played a pivotal role in Leavitt’s campaign finance committee. He demonstrated his commitment and support to her political aspirations. Their romance blossomed due to their shared interests in community engagement and politics. The couple’s love affair gained public attention due to their big age gap. Leavitt is 32 years younger than Riccio. Despite the age difference, their relationship grew stronger as they continuously navigated the complexities and issues of political life together.

Nicholas proposed to Leavitt on Christmas Day 2023. Their families and supporters became very excited after they announced their engagement. The exact date of their wedding is still not known. But it is revealed that the pair tied the knot shortly following their engagement. They welcomed their first kid, a son, Nicholas “Niko” Robert in July 2024. The addition of a new member to the family brought immense joy and fulfillment. Karoline often shares glimpses of precious moments with her son and wife on social media. She proudly identified herself as a mom and a wife while balancing her demanding position as the White House Press Secretary.

Nicholas Riccio Net Worth

As of 2025, Nicholas Riccio net worth is nearly $45 million. He has accumulated a huge fortune from his multimillion-dollar real estate company, Riccio Enterprises LLC, which he founded in the early 2000s. Nicholas had acquired 70 apartments and 15 buildings on M Street by 2005. He identified distressed properties, invested in their rehabilitation, and finally turned them into valuable assets. His business model generated substantial financial returns and also made a positive impact on urban renewal and community development.

Nicholas’ annual income figures are not publicly disclosed. It is estimated his multimillion-dollar company generates millions in revenue every year through property sales, rental income, and ongoing renovations. The profitability of his company is bolstered by its diverse portfolio of properties. He has extended his business beyond Hampton Beach and reached to the White Mountains and Boston. The renovations and strategic acquisitions have allowed him to maintain a steady cash flow while expanding his business and increasing the overall value of his real estate holdings.

Specific details regarding his residential house and car are not extensively documented. He currently resides in Hampton Beach, New Hampshire. Riccio has transformed some parts of his house into a sports museum, where he displays memorabilia from legendary sports personalities like Larry Bird and Muhammad Ali. This indicates his love for sports and depicts his successful journey from hardship to affluence.