Gavin Newsom net worth has been a topic of interest, especially as he continues to lead California as governor.
His financial journey includes earnings from politics, successful business ventures, and real estate investments. But what exactly contributes to his wealth?
Below, AndoMoney explores his income sources, properties, and financial status in 2025.
Gavin Newsom Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Gavin Christopher Newsom |
| Popular Name | Gavin Newsom |
| Birth Date | October 10, 1967 |
| Age | 57 (as of 02/27/2025) |
| Birthplace | San Francisco, California, U.S. |
| Nationality | American |
| Ethnicity | Irish, Scottish |
| Education | Santa Clara University (BS, Political Science) |
| Marital Status | Married |
| Spouse | Jennifer Siebel Newsom (m. 2008), Kimberly Guilfoyle (m. 2001–2006) |
| Children | 4 |
| Dating | N/A |
| Siblings | Hilary Newsom Callan |
| Parents | William Alfred Newsom III, Tessa Thomas (née Menzies) |
| Height | 1.91 meters |
| Net Worth | $30 million |
| Source of Wealth | Politics, Business, Investments |
What is the Net Worth Of Gavin Newsom in 2025?
Gavin Newsom’s net worth is estimated at $30 million. His financial success is largely attributed to his business investments, particularly PlumpJack Group, and his long political career.
Compared to other political figures, his wealth is substantial but not among the highest.
For instance, Gordon Getty, a family friend, has a significantly higher fortune. Meanwhile, Jerry Brown, a former governor, has a more modest financial standing. While Newsom benefits from political earnings, much of his wealth is tied to private ventures.
Related People:
- Gordon Getty
- Jennifer Siebel Newsom
- Jerry Brown
- Eleni Kounalakis
- Nancy Pelosi
- Ron Pelosi
- Thomas Siebel
- Ken Siebel
- Willie Brown
- Ed Lee
For more details on high-profile public figures and their wealth, visit our list of the wealthiest celebrities.
Gavin Newsom Wealth, Salary and Financial Overview
How Much Does He Earn as Governor of California?
As governor, Newsom earns approximately $210,000 per year. This salary is set by the California Citizens Compensation Commission and has remained relatively stable over time. Compared to other U.S. governors, his salary is on the higher end. However, it represents just a small fraction of his overall wealth.
What Are His Main Sources of Income?
His income comes from multiple streams:
- Political Salary – Governor of California ($210,000 annually).
- Business Investments – Co-founder of PlumpJack Group, a hospitality and winery business.
- Real Estate Holdings – Investments in multiple properties, including a luxury home in Kentfield, California.
- Book Deals & Media – Former host of The Gavin Newsom Show, though media earnings are minimal.
How Did He Build His Wealth?
His journey to wealth began in 1991 when he co-founded PlumpJack Group with backing from Gordon Getty. The company expanded into wineries, restaurants, and retail. By 2002, his business holdings were valued at $6.9 million. Even after selling his San Francisco businesses upon becoming mayor, he retained ownership in ventures outside the city.
Additionally, his wife, Jennifer Siebel Newsom, comes from a wealthy background. Her family is connected to Ken Siebel, a successful investor, and Thomas Siebel, a tech billionaire.
What Properties and Assets Does He Own?
Newsom’s real estate investments include:
- Kentfield, California – Purchased in 2024 for $9.1 million (previously owned by Hyatt Hotels heir Daniel Pritzker).
- Fair Oaks, California – Bought for $3.7 million in 2018.
- Former Kentfield Home – Sold for $5.9 million in 2021.
Real estate has been a significant contributor to his financial stability, as he has consistently bought and sold high-value properties.
Does His Financial Background Influence His Political Decisions?
His financial background raises questions about potential conflicts of interest. Notably:
- Ties to Business and Policy – His businesses were financed by Gordon Getty, a wealthy investor.
- Campaign Funding – He has received donations from prominent business figures.
- Silicon Valley Bank Connections – Some of his companies held accounts at the collapsed Silicon Valley Bank in 2023.
Despite these connections, Newsom has publicly supported progressive economic policies, including higher taxes on the wealthy and increased business regulations.
How Does His Wealth Compare to Other U.S. Politicians?
Compared to other U.S. politicians:
- Wealthier than Jerry Brown (former governor).
- Less wealthy than Nancy Pelosi, who has a high net worth due to stock investments.
- Far behind billionaires like Michael Bloomberg.
His financial standing places him among the wealthier state leaders, though not in the ranks of the richest politicians.
Is He Financially Independent from Politics?
Yes, his political salary is a minor part of his wealth. His businesses and real estate provide significant financial security. Even after leaving office, he will likely continue to earn from investments and potential speaking engagements.
Conclusion
Gavin Newsom net worth in 2025 reflects a mix of political earnings, business investments, and real estate.
While his wealth is notable, it’s not solely tied to his role as governor. For more celebrity financial insights, visit AndoMoney and stay informed. Don’t forget to share and comment below!
