Gavin Newsom, an American politician and investor, has a net worth of $20 million per celebritynetworth. In 2019, he became the 40th governor of California.
Gavin’s political career started in 1997 when he was appointed to the San Francisco Board of Supervisors by Mayor Willie Brown. He held this position until he ran for mayor himself.
In 2003, Gavin became the 42nd Mayor of San Francisco, making him the youngest person to hold the position in 100 years.
In 2007, he won re-election. Gavin was chosen to be the 49th Lieutenant Governor of California in 2010 and the Governor of California in 2018.
| Real Name | Gavin Newsom |
| Date of birth | October 10 (1967) |
| Nationality | American |
| Ethnicity | White Caucasian |
| Place of birth | San Francisco, California, U.S. |
| Current Spouse | Jennifer Siebel Newsom (m. 2008) |
| Ex-Spouse | Kimberly Guilfoyle (2001 to 2006) |
| Residence | Fair Oaks, California, U.S. |
| Kids | 4 |
| Known For | Governor Of California |
| Height | 6′ 3″ |
| Weight | 80 kg |
| Parents | William Newsom (Dad) & Tessa Menzies (Mom) |
| Zodiac Sign | Libra |
| Net Worth 2023 | $20 Million |
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Gavin Newsom Career
Moreover, Gavin Newsom established PlumpJack Winery and hosted “The Gavin Newsom Show” on Current TV. He has been involved in the creation of a minimum of 11 businesses.
At 24, in 1991, Newsom and his investors established PlumpJack Associates L.P., which launched PlumpJack Winery in 1992.
By 2002, his business assets were estimated at over $6.9 million. However, Newsom divested his interest in his San Francisco-based enterprises when he assumed the position of mayor in 2004.
Gordon P. Getty Family Trust
Gavin was born in San Francisco, California, on October 10, 1967. His father, William Newsom, served as a state appellate court judge and managed J. Paul Getty’s multi-billion-dollar family trust.
Additionally, he oversaw the Gordon P. Getty Family Trust as administrator, valued at around $2 billion. In a 2003 interview, William mentioned that he worked for Gordon Getty to make a living.
From 1966 to 1972, Gavin’s mother, Tessa, married William. Gavin was raised in his father’s Irish Catholic faith and attended Ecole Notre Dame Des Victoires, a French-American bilingual school, as a child.
However, he faced severe dyslexia and had to switch schools. He later played baseball and basketball at Redwood High School and graduated with a political science degree from Santa Clara University in 1989.
Gavin Newsom Real Estate
Gavin and Jennifer purchased a property in Kentfield, California, for $2.225 million in 2011. In February 2019, they put the property up for sale at a listing price of $5.995 million and sold it in August 2021 for $5.895 million.
Following Gavin’s election as Governor, the couple bought a house in Sacramento for $3.7 million in late 2018.
Gavin Newsom Car Collection
Gavin Newsom, the Governor of California, has a collection of luxury cars that includes several high-end vehicles such as a Porsche, a Ferrari, and a Bentley. He also reportedly owns a Tesla Model 3 and a Chevrolet Volt.
Newsom’s car collection has drawn criticism from environmental advocates, who argue that owning multiple gas-guzzling vehicles does not align with his progressive climate change stance.
However, Newsom has defended his collection, stating that he uses the cars for personal enjoyment and drives electric and hybrid vehicles.
How Did Gavin Newsom Accumulate His Wealth?
As a winery owner, Newsom co-founded Plumpjack Associates with a group of investors in 1991, and a year later, they launched the winery.
With partial financing from businessman and classical music composer Gordon Getty, Newsom established 11 other businesses, ranging from PlumpJack Café to PlumpJackSport and retail, which collectively employed over 700 workers.
Newsom’s Annual Personal Income
Between 1996 and 2001, Newsom averaged over $425,000, and his total investments were valued at $7 million by 2002. Newsom sold his shares in many of his San Francisco-based ventures upon his election as mayor in 2004 but retained ownership of those outside the city.
In addition to his business ventures, Newsom dabbled in real estate investment, earning a $750,000 profit from selling some of his property in 2009. Since fully entering politics after becoming San Francisco’s mayor, Newsom has remained a prominent figure in the Democratic Party.
