BiographyNet Worth

Gavin Newsom Net Worth 2024: How Much is the Governor of California Worth?

Who is Gavin Newsom?

Gavin Christopher Newsom is a prominent American politician and businessman born on October 10, 1967, in San Francisco, California. With a B.S. in political science from Santa Clara University, Newsom has had a varied career spanning both business and politics. He is currently the Governor of California, having taken office in January 2019. Before this role, he served as the Mayor of San Francisco and the Lieutenant Governor of California.

Gavin Newsom Career

Gavin Newsom’s career began in business with the founding of the PlumpJack Group in 1991, a company that includes wineries, restaurants, and hotels. His foray into politics started in 1997 with a role on the San Francisco Board of Supervisors, which he held until 2004 when he became Mayor of San Francisco. His political ascent continued as he was elected Lieutenant Governor of California in 2011, before finally becoming the 40th Governor of California in 2019. Newsom’s career has been marked by his progressive stance on issues like climate change, healthcare access, and criminal justice reform.

Gavin Newsom Net Worth

As of 2024, Gavin Newsom’s net worth is estimated to be between $6.17 million and $16.71 million, according to his 2023 financial disclosure form. This range reflects a conservative estimate, as several of Newsom’s assets are listed with values of “over $1 million,” and the actual worth could be higher.

How did Gavin Newsom make his money?

Gavin Newsom’s wealth primarily comes from his business ventures and investments. Here’s a breakdown of his sources of income:

  • Politics: As Governor of California, Newsom earns an annual salary of $234,101. His political career, which started in 1997, has provided a steady income but constitutes a smaller portion of his net worth compared to his business activities.
  • Business: Newsom co-founded the PlumpJack Group, which has expanded into various sectors including wineries, hotels, and restaurants. Though he sold his San Francisco-based businesses when he became mayor, he still holds significant stakes in other PlumpJack enterprises, contributing a major portion of his net worth.
  • Investing: Beyond his business, Newsom has invested in mutual funds, including a blind trust valued at over $1 million. His investments add another layer to his financial portfolio.

Gavin Newsom Age

As of 2024, Gavin Newsom is 56 years old.

Gavin Newsom Family: Wife and Children

Gavin Newsom is married to Jennifer Siebel Newsom, an actress and filmmaker. The couple has four children: Montana Tessa Newsom, Hunter Siebel Newsom, Brooklynn Newsom, and Dutch William Newsom. They are a prominent family in California, with Jennifer often involved in various social causes and media projects.

Gavin Newsom Height and Weight

Gavin Newsom stands approximately 1.91 meters (6 feet 3 inches) tall. His weight is not publicly disclosed, but given his height, he maintains a notable presence.

Also Read: Tony Elumelu Net Worth 2024: How Much is the Chairperson of the United Bank for Africa Worth?

Vishnu Chaudhary

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