Gavin Newsom: How much is the California governor’s fortune?

Newsom’s career as governor has focused on economic development, education and various liberal policies, convictions that he has carried forward thanks to his entrepreneurial training that he cultivated before becoming a politician.

So, beyond his career in the Democratic Party, The California governor’s fortune is also due to his private businesses. He started out selling braces and working as an assistant at a real estate firm. In 1991, he opened a wine store called PlumpJack, which today is a conglomerate of 21 companies that include wineries, restaurants, retail stores and hotels.

According to information from the portal Financhillwho specializes in stock market ratings and who made an evaluation of the president’s numbers, Gavin Newsom’s income fluctuates significantly from one year to the next, as it depends on the performance of their businesses. However, They estimate that he earns at least US$1,000,000 from his participation in the businesses he owns.

As governor of California he receives a little more than US$234,100 annually. He also earns income from the acting and documentary projects of his wife, Jennifer Siebel Newsom, whom he married in 2008. Based on this information, the aforementioned portal estimates Newsom has a net worth of between $18 million and $22 million.

The trajectory of Gavin Newsom, governor of California

Gavin Newsom was born in San Francisco in 1967 and became its mayor between 2004 and 2011. In fact, he was the youngest mayor of the last century, as he was only 34 years old when he took up the office to which he was re-elected.

As Governor of California, the Santa Clara University graduate has promoted issues such as gun safety, the legal use of marijuana, universal health care, access to pre-school education, and criminal justice reform. Newsom is married to Jennifer Siebel Newsomwith whom she has four children: Montana, Hunter, Brooklyn and Dutch.