Karoline Leavitt’s departure from the White House, scheduled for the end of August, was confirmed by US President Donald Trump on Wednesday. Her time as press secretary made her the youngest person ever to hold the position. Now, at 28, she is preparing to leave the administration and focus on the next stage of her life as a mother of two.
The announcement has also drawn attention to her husband, Nicholas Riccio, a New Hampshire businessman who has spent years building a multimillion-dollar real estate portfolio. Nicholas Riccio’s net worth is estimated at millions of dollars. Riccio is 32 years older than Leavitt.
Although Leavitt will relinquish her official duties at the end of August, Trump said she would remain available to advise him from outside the White House. Her departure from the white house therefore marks a change in her role rather than a complete break with the president.
Who is Nicholas Riccio?
Nicholas Riccio works in real estate in New Hampshire and has maintained a relatively private life despite his wife’s prominent position in American politics. According to People, he is 60 years old and owns Riccio Enterprises, a business with more than a dozen properties in the Hampton Beach area. His property holdings have helped establish him as a multimillion-dollar real estate developer.
Karoline Leavitt and Nicholas Riccio began their relationship in New Hampshire in 2022. At the time, Leavitt was campaigning for a seat in Congress. Their acquaintance grew into a romance, and Riccio proposed in December 2023. They married in January 2025, shortly before Donald Trump returned to the White House for his second term.
What is Nicholas Riccio Net Worth?
Nicholas Riccio net worth is commonly estimated at around $6 million, as per Realtor.com. However, Riccio has not publicly confirmed his personal net worth. There is a difference between a reported estimate and an established financial fact.
His exact wealth remains difficult to determine. The value of a property portfolio does not necessarily equal its owner’s net worth, since mortgages, business debts and other liabilities must also be considered. Riccio’s real estate holdings in New Hampshire reportedly account for most of his wealth, but the available information does not establish a definitive total.
How a 32-Year Age Difference Shaped Their Relationship
The difference in their ages has become one of the most discussed aspects of their relationship. Leavitt is 28, and Riccio is around 60. He is 32 years her senior. He is also older than her mother, a detail that has attracted particular attention.
Leavitt has admitted that her parents did not find the relationship easy to accept. The age difference presented an obvious difficulty, especially since Riccio is older than her mother. Leavitt, however, has defended the man she chose.
In an interview, Leavitt was asked whether she could not find men her own age who matched Riccio’s maturity. Her reply was direct: “Honestly? No.” She went on to call him “an amazing guy.” Leavitt has described their romance as an “atypical love story.” She has also called Riccio her “greatest supporter,” “best friend” and “rock.”
Inside Nicholas Riccio’s Hampton Beach Real Estate Portfolio
Nicholas Riccio built his fortune by investing in property. His business centres on Hampton Beach, New Hampshire, where he owns and manages rental properties. People reports that his holdings include more than 15 properties in the coastal community. His path to success was not an easy one.
Riccio experienced homelessness when he was younger before establishing himself in the real estate business. Unlike his wife, whose political career has brought her considerable public attention, Riccio has largely stayed out of the limelight. His property ventures have remained the principal focus of his professional life.
Karoline Leavitt Is Prioritizing Life With Her Children
The decision to leave the press secretary’s office reflects a conflict Leavitt has found difficult to resolve. Her daughter was born in May, and she recently returned to work after maternity leave. At home, she and Nicholas Riccio have two young children. At the White House, the job demands constant attention. Leavitt concluded that she could not give both responsibilities the time they required.
Leaving the administration does not mean ending her political work. Trump has asked her to continue advising him from outside the White House. She can therefore step away from the daily demands of the press secretary’s office without abandoning her place in his political circle.
Her departure also offers a glimpse of the private considerations behind a very public career. Leavitt’s marriage to Riccio, their 32-year age difference and his property business have attracted considerable interest. Yet the immediate reason for her decision is simpler: she wants to devote more time to raising her children.
Disclaimer
The net worth numbers in this article are only estimates based on information available online and reports from the media. They are not official figures. The person’s actual income, assets, debts, taxes, and net worth could be different. We have tried to clearly separate facts that have been reported from numbers that are only estimates.
