Gavin Newson Net Worth (Updated 2025).
Gavin Newsom, a prominent figure in American politics, embarked on his career in the early 1990s, initially venturing into the hospitality industry. Born into a politically connected family in San Francisco, Newsom leveraged his background and business acumen to establish a successful wine business, PlumpJack Winery, in the late 1990s. This entrepreneurial venture not only laid the groundwork for his future political aspirations but also introduced him to the public eye, sparking his rise to fame.
In 2003, Newsom made his first foray into politics, running for San Francisco’s Mayor. His dynamic campaign, centered on progressive ideas and community engagement, resonated with voters, and at the age of 36, he became the city’s youngest mayor in a century. Newsom’s tenure was marked by innovative policies, including the city’s first universal healthcare program and the successful implementation of same-sex marriage, which catapulted him into the national spotlight and solidified his status as a prominent political figure.
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Table Of Contents
Gavin Newsom’s Current Net Worth (2025)
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As of 2025, Gavin Newsom’s net worth is estimated to be around $50 million. This significant figure reflects his successful political career and various business ventures.
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Career
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Gavin Newsom’s career spans over two decades, primarily in politics. He served as the Mayor of San Francisco from 2004 to 2011, and then as the Lieutenant Governor of California from 2011 to 2019. Since 2019, he has been serving as the Governor of California.
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Other Ventures
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Before his political career, Newsom was a successful businessman. He co-founded the PlumpJack Group, a wine, hospitality, and retail conglomerate, in 1992. He also founded the news website, The San Francisco Examiner, in 2014.
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Assets
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Newsom’s assets include a significant real estate portfolio, primarily in the San Francisco Bay Area. He also owns stakes in various businesses, including wineries, restaurants, and hotels, through the PlumpJack Group. His residence, the Fairmont Hotel in Gettysburg, Pennsylvania, is one of his notable properties.
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Annual Income
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As the Governor of California, Newsom’s annual salary is $209,750. His annual income from his business ventures and investments is not publicly disclosed but is estimated to be substantial, contributing significantly to his net worth.
Frequently Asked Questions about Gavin Newson
**Frequently Asked Questions: Gavin Newsom Net Worth**
1. **What is Gavin Newsom’s net worth?**
Gavin Newsom’s net worth is estimated to be around $50 million.
2. **How did Gavin Newsom make his money?**
Newsom’s wealth comes from his career in politics, business ventures, and investments. He has served as the Governor of California since 2019, previously serving as the Lieutenant Governor of California from 2011 to 2019. He also co-founded the wine company PlumpJack Winery in 1992.
3. **What is Gavin Newsom’s salary as Governor of California?**
The salary for the Governor of California is $206,500 per year.
4. **Does Gavin Newsom have any other businesses besides PlumpJack Winery?**
Yes, Newsom is also a partner in several other businesses, including Theavin, a wine and spirits company, and a group of restaurants and bars known as the “Newsom family businesses.”
5. **How old is Gavin Newsom?**
Gavin Newsom was born on October 10, 1967, making him 54 years old.
6. **Where did Gavin Newsom grow up?**
Newsom was raised in San Francisco, California.
7. **What is Gavin Newsom’s political party?**
Gavin Newsom is a member of the Democratic Party.
8. **Did Gavin Newsom attend college?**
Yes, Newsom graduated from Santa Clara University with a Bachelor of Science degree in 1989. He also attended the Diablo Valley College.
9. **Is Gavin Newsom married?**
Yes, Gavin Newsom is married to Jennifer Siebel Newsom. They have four children together.
10. **What are Gavin Newsom’s political views?**
Gavin Newsom is known for his progressive political views. He supports issues such as universal healthcare, climate change action, and LGBTQ+ rights.
