What is Gavin Newsom’s Net Worth?

Who is Gavin Newsom?

Gavin Newsom is an American politician and businessman who has been the 40th governor of California since 2019. In 1996, San Francisco Mayor Willie Brown assigned him an official seat on the city’s Parking and Traffic Commission, which marked the start of his political career.

The following year, Brown filled a seat on the Board of Supervisors by appointing him, and in 1998, Newsom won his first election to the Board of Directors.

Gavin Newsom Was Born in California

Newsom was born on October 10, 1967, in San Francisco, California, USA. His parents divorced in 1972 when he was still a young boy. The California governor has pointed out that his childhood was difficult, in part owing to dyslexia.

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Gavin Newsom’s 1st Wife

Newsom married his first wife, Kimberly Guilfoyle in December 2001. Kimberly is a former San Francisco prosecutor who now works as a legal analyst for Court TV, CNN, and MSNBC.

She had attended law school at the University of San Francisco, and they got married there at Saint Ignatius Catholic Church.

They filed for divorce together in January 2005, alleging “difficulties related to their respective careers on opposite coasts.” The couple reached a divorce agreement on February 28, 2006.

Gavin Newsom 2nd Wife

Newsom began dating Jennifer Siebel in September 2006. The couple announced that they were engaged in December 2007, and they tied the knot in Stevensville, Montana, in July 2008. They have four children together.

Gavin Newsom Home

The official residence of the Californian governor is the California Governor’s Mansion, in Sacramento. A total of 14 governors have lived at the mansion; the other governors have chosen to settle in private housing instead of living there.

As soon as he was elected governor, Newsom and his family relocated to Fair Oaks, first residing in the California Governor’s Mansion in Downtown Sacramento.

According to a May 2019 article in The Sacramento Bee, Newsom paid $3.7 million for a 12,000-square-foot real estate in Fair Oaks, making it the most expensive private home sold in the Sacramento region since the year’s beginning.

Newsom made a $5.9 million off-market sale of a house in Marin County in August 2021. Early in 2019, he listed the house for sale for $5.895 million, but after dropping the price to $5.695 million, he took it off the market.

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How many terms has Gavin Newsom served as governor of California?

Newsom is currently serving his second term as the 40th governor of California. Newsom was elected governor of California in 2018. He was reelected in 2022.

What is Gavin Newsom’s Net Worth?

Gavin has a net worth of $20 million as of 2023. According to our research, Newsom has co-founded at least 11 businesses. For instance, he founded the PlumpJack Winery and hosted “The Gavin Newsom Show” on Current TV.

PlumpJack Associates L.P. was set up in 1991 by Newsom and his financiers. The company went on to establish the PlumpJack Winery in 1992 with Gordon Getty, a family friend, and rich heir, as an investor.

Fast forward, 23 enterprises, including wineries, eateries, and hotels, are now under the management of the wine store.

His business holdings were estimated to be more than $6.9 million in 2002. However, he sold his ownership interest in his San Francisco companies in 2004, after he was elected mayor. Newsom made between $141,000 and $251,000 in 2007 from his business ventures.

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How Tall is Governor Newsom?

Governor Newsom stands at an average height of 6 feet 3 inches (1.91 m).