Sagar Patil
Published on May 4,2024
Net Worth Estimate Gavin Newsom, the 40th Governor of California, has an estimated net worth of $20 million1. His wealth comes from a combination of business ventures, investments, and family inheritance.
Sagar Patil
Published on May 4,2024
1Business Ventures and Investments Newsom co-founded at least 11 businesses during his career. In 1991, he and a group of investors established a company called PlumpJack Associates L.P. Later, they founded the PlumpJack Winery. His business holdings were valued at more than $6.9 million in 2002. Newsom sold his share of San Francisco businesses when he became the city’s mayor in 2004.
Sagar Patil
Published on May 4,2024
Political Career Newsom’s political journey began when Mayor Willie Brown appointed him to the San Francisco Board of Supervisors in 1997. He was elected as the 42nd Mayor of San Francisco in 2003 and re-elected in 2007. In 2010, he became the 49th Lieutenant Governor of California, and in 2018, he was elected as the Governor of California.
Sagar Patil
Published on May 4,2024
Family Background and Inheritance Gavin Newsom’s father, William Newsom, was a state appeals court judge and administrator of J. Paul Getty’s multi-billion-dollar Getty family trust. Through his father’s connections, Newsom had indirect relations to influential figures like Nancy Pelosi, although she is not his aunt as some rumors suggest.
Sagar Patil
Published on May 4,2024
Early Life and Education Newsom was born on October 10, 1967, in San Francisco, California. He attended Santa Clara University, graduating in 1989 with a BS degree in political science. Dyslexia led him to transfer schools during his childhood.
Sagar Patil
Published on May 4,2024