Newsom Net Worth (Updated 2025).

Gavin Newsom, born on October 10, 1967, in San Francisco, California, began his career in the late 1990s, initially working in the wine industry. He co-founded PlumpJack Winery in 1995, which later expanded into a successful hospitality group, including restaurants and hotels, primarily in the San Francisco Bay Area.

In 2004, Newsom’s political career took off when he was elected as the 42nd Mayor of San Francisco. His tenure was marked by progressive policies, including the city’s first universal healthcare program and the successful implementation of a same-sex marriage ordinance, which gained national attention. This visibility and his innovative approach to governance catapulted him into the national spotlight, paving the way for his subsequent political roles.

Gavin Newsom’s Current Net Worth (2025)

As of 2025, Gavin Newsom’s net worth is estimated to be around $20 million, according to Forbes. This figure takes into account his real estate holdings, investments, and his political career.

Career

Gavin Newsom, born in 1967, is a prominent American politician and businessman. He served as the 40th Governor of California from 2019 to 2023, and previously as the 42nd Lieutenant Governor of California from 2011 to 2019. Before his political career, Newsom was the Mayor of San Francisco from 2004 to 2011.

Other Ventures

In addition to his political career, Newsom has several business ventures. He is a co-owner of the San Francisco Giants baseball team and a partner in PlumpJack Winery and other hospitality businesses. He also founded the wine company, CADE Estate Winery, in 2003.

Assets

Newsom’s assets include several properties in California, including a home in Marin County valued at around $3 million. He also has investments in various companies, including the technology sector. His wine businesses are estimated to be worth tens of millions of dollars.

Annual Income

As Governor of California, Newsom’s annual salary was $202,000. However, his total annual income can vary significantly due to his business ventures. In 2019, before he became Governor, his total income was around $1.5 million, primarily from his winery and hospitality businesses.

Frequently Asked Questions about  Newsom

Frequently Asked Questions: Newsom Net Worth

1. What is Newsom’s net worth?

Newsom’s net worth is estimated to be around $10 million.

2. How did Newsom build his wealth?

Newsom’s wealth primarily comes from his political career, including his time as the Mayor of San Francisco and the current Governor of California. He also has investments and real estate holdings.

3. What is Newsom’s annual salary as Governor of California?

As of 2021, Newsom’s annual salary as Governor of California is $206,500.

4. Does Newsom have any side businesses or investments?

Yes, Newsom has investments in various businesses, including a wine company called PlumpJack Winery and a holding company called 2PAC Management, which oversees several of his business ventures.

5. What is the value of Newsom’s real estate holdings?

The exact value of Newsom’s real estate holdings is not publicly known, but it’s estimated to be worth several million dollars. He owns properties in San Francisco and the Napa Valley region.

6. How does Newsom’s net worth compare to other governors?

Newsom’s net worth is higher than many other governors, but it’s important to note that net worth can fluctuate and is not a precise measure of wealth.

7. What are some of Newsom’s political achievements that may have contributed to his net worth?

Newsom’s political achievements include his work on universal healthcare, affordable housing, and LGBTQ+ rights during his time as Mayor of San Francisco. As Governor, he has focused on issues like climate change and criminal justice reform.

8. Has Newsom ever faced any financial controversies?

In 2017, Newsom faced criticism for using state-owned aircraft for personal trips, but he reimbursed the state for the costs and apologized for the mistake.

9. How does Newsom’s net worth compare to other high-profile politicians?

Newsom’s net worth is lower than many prominent politicians, such as former President Donald Trump, but it’s higher than many others, like President Joe Biden.

10. What is Newsom’s political affiliation?

Newsom is a Democrat.