Gavin Newsom Net Worth: Family, Wealth, Career & More
Introduction
Gavin Newsom is a name that resonates strongly in California politics. As the 40th Governor of California, he has become a national figure due to his progressive stance on many issues, high-profile leadership style, and deep-rooted connections in both business and political circles. But behind the political image lies a story of privilege, entrepreneurship, and wealth that has grown significantly over the years.
In this article, we dive deep into Gavin Newsom’s net worth, his early business ventures, family background, spouse’s wealth, salary as governor, and how his personal life intertwines with his public persona.
Who is Gavin Newsom?
Gavin Christopher Newsom was born on October 10, 1967, in San Francisco, California. As of August 2025, he is 57 years old. He is a member of the Democratic Party and is serving his second term as Governor of California. Before becoming governor, he served as Mayor of San Francisco (2004–2011) and then as Lieutenant Governor of California (2011–2019).
Newsom’s political career has been marked by bold reforms, including early advocacy for same-sex marriage, climate change initiatives, and strong COVID-19 pandemic measures that drew both praise and criticism nationwide.
Gavin Newsom Net Worth (2025)
As of 2025, Gavin Newsom’s estimated net worth ranges between $18 million to $25 million, according to data from financial disclosure forms, real estate records, and business holdings. The figure may fluctuate due to market conditions and the valuation of his various assets.
Unlike many career politicians, Newsom amassed considerable wealth before entering politics. His portfolio includes:
Luxury real estate across California
A diverse investment portfolio
Multiple business ventures under the PlumpJack brand, including wineries, restaurants, and retail
How Gavin Newsom Built His Wealth
The PlumpJack Group
Newsom’s first major step into entrepreneurship came in 1992 when he co-founded the PlumpJack Winery with seed funding from billionaire oil heir Gordon Getty, a family friend. The business quickly expanded into a larger hospitality group, eventually including:
Wineries in Napa Valley
High-end restaurants and bars in San Francisco
Hotels and retail outlets
By the early 2000s, PlumpJack was generating millions in revenue. Though Newsom later placed his holdings into a blind trust after becoming mayor, his initial ownership and the appreciation of those assets have significantly contributed to his current net worth.
Gavin Newsom Net Worth Before Politics
Before his political career began in earnest, Newsom was already a millionaire. Thanks to the success of his PlumpJack ventures and deep connections to the Getty family, he had built a financial cushion that separated him from most of his peers.
He reported a net worth of several million dollars even during his mayoral campaign, and his lifestyle—including property ownership in high-value markets—reflected this.
Gavin Newsom’s Family Wealth: Who Are His Parents?
Newsom’s path to wealth and influence can be partially attributed to his family background.
Father: William Newsom
William Newsom was a state appellate court judge and a longtime administrator of the Getty family trust. He managed assets for the Gettys, one of America’s richest oil families, and was instrumental in launching Gavin’s early ventures.
While William’s own net worth wasn’t publicly disclosed in detail, his proximity to wealth and elite circles heavily influenced Gavin’s upbringing and opportunities.
Mother: Tessa Thomas Newsom
Tessa Thomas was not involved in politics or business publicly, and little is known about her personal finances. However, the family enjoyed access to high society and financial stability during Gavin’s youth, despite his parents’ divorce when he was a child.
Jennifer Siebel Newsom Net Worth
Gavin Newsom’s wife, Jennifer Siebel Newsom, is a filmmaker, actress, and activist. She has directed award-winning documentaries like:
Miss Representation (2011)
The Mask You Live In (2015)
Jennifer comes from a well-to-do family and has accumulated independent wealth through her media career and public speaking engagements.
As of 2025, Jennifer Siebel Newsom’s net worth is estimated between $10 million to $15 million, contributing significantly to the couple’s combined fortune.
Gavin Newsom’s Salary as Governor
According to the California State Controller’s Office, Gavin Newsom receives an annual salary of $231,000 as Governor of California (2025 figures). While this is one of the highest state salaries for a governor in the U.S., it forms only a small portion of his overall income.
He has previously stated that he does not rely heavily on his government salary, given his private wealth.
Gavin Newsom’s Real Estate Portfolio
Gavin and Jennifer have owned several high-value properties, including:
Kentfield Mansion – Marin County home purchased for $3.7 million
Fair Oaks Estate – A luxury Sacramento-area residence used during his gubernatorial tenure
San Francisco Condominiums – Tied to his earlier business ventures and personal use
Real estate investments have played a pivotal role in growing his wealth, with properties appreciating over the years.
Gavin Newsom’s Children: Family Life
The Newsoms have four children, and their family life remains largely private, though they occasionally appear in public for official events.
Their eldest daughter, Montana Tessa Newsom, was born in 2009. The Newsoms prioritize their children’s privacy, so limited public information is available beyond family appearances and statements.
Gavin Newsom’s Religion
Newsom identifies as Roman Catholic, though his political positions often differ from traditional Church doctrine. He has supported LGBTQ+ rights, reproductive freedom, and euthanasia, which has sometimes caused tension with more conservative religious groups.
Nonetheless, he remains a cultural Catholic, and his background in Catholic education has influenced aspects of his personal and ethical worldview.
Gavin Newsom Approval Rating (2025)
As of August 2025, Newsom holds an approval rating of around 51% among California voters. His numbers fluctuate based on policy decisions, especially in areas like:
Housing and homelessness
Public safety
Climate change and energy
Education and economic inequality
He remains a divisive yet resilient figure, with continued speculation about a potential presidential run in the future.
Is Gavin Newsom Related to Dianne Feinstein?
Despite frequent speculation, Gavin Newsom is not biologically related to the late Senator Dianne Feinstein. However, both figures are connected through San Francisco’s elite political circles.
Feinstein served as a mentor and symbolic bridge to Newsom’s earlier days as Mayor of San Francisco. Additionally, Newsom is distantly connected to Nancy Pelosi’s family through marriage, further fueling rumors about a dynastic political lineage.
The Influence of the Getty Family
Much of Gavin Newsom’s financial foundation can be traced back to Gordon Getty, son of oil tycoon J. Paul Getty. Getty not only invested in Newsom’s early business but remained a close supporter throughout his career.
Though not a trust fund recipient in the traditional sense, Newsom’s proximity to such wealth gave him access to capital, mentorship, and networks that few young entrepreneurs receive.
Final Thoughts: More Than Just a Politician
Gavin Newsom’s wealth story is one of privilege combined with strategic entrepreneurship. Unlike many politicians who build their fortunes after entering office, Newsom had already established himself as a millionaire before holding public office.
His journey reflects how California’s political and economic elite often overlap, where access to capital and relationships play as much of a role as policy or campaigning.
From his family ties and wife’s success to his real estate holdings and wine business empire, Newsom’s net worth is built on diverse and well-managed assets.
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