Gavin Newsom Net Worth

Gavin Newsom is nan politician of California. Newsom has endorsed Vice President Kamala Harris arsenic nan 2024 Democratic statesmanlike candidate.

Born and raised successful California, Newsom has held various section and authorities positions passim his governmental career. In 2003, Newsom became San Francisco's youngest politician successful much than a century. He went connected to go Lieutenant Governor of California successful 2010, and was elected politician successful 2018. He has remained politician since.

Newsom has a nett worthy of $20 million, according to Celebrity Net Worth. Here's really Newsom made his millions.

Politics, Investments and Businesses

Newsom's yearly net arsenic nan politician is $234,000 arsenic of December 2023.

Aside from his governmental career, Newsom has built wealthiness done his businesses and investments. True to his Northern California roots, Newsom founded and invested successful wineries.

In 1992, Newsom founded San Francisco-based vino store, PlumpJack Wines. It yet became nan PlumpJack Management Group, pinch wineries, restaurants, unit stores, and nan PlumpJack Inn successful its portfolio. Newsom still owns a liking successful nan PlumpJack Management Group, weighted betwixt $100,000 and $1,000,000, according to his 2023 financial disclosure (only a scope is required connected nan disclosure form).

Newsom is invested successful different wineries and winery finance companies arsenic well. His biggest investments see Airelle Wines Inc., Moswen LLC, and Villa Encinal Partners, each weighted astatine complete $1 million. Newsom is invested successful a edifice guidance company, Falstaff Management Group, and Balboa Cafe Partners, a edifice successful San Francisco—both investments are weighted astatine complete $1 million.

Newsom besides shares a unsighted spot finance money pinch his wife, Jennifer Siebel, weighted astatine complete $1 million.

Investopedia requires writers to usage superior sources to support their work. These see achromatic papers, authorities data, original reporting, and interviews pinch manufacture experts. We besides reference original investigation from different reputable publishers wherever appropriate. You tin study much astir nan standards we travel successful producing accurate, unbiased contented successful our editorial policy.