Gavin Newsom Net Worth 2025, Family Tree and Wealth
Gavin Christopher Newsom is an American politician and businessman currently serving as California's 40th governor, a role he assumed in January 2019. A member of the Democratic Party, Newsom has built a career marked by progressive policies and entrepreneurial ventures.
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Before becoming governor, he served as California’s lieutenant governor from 2011 to 2019 and was San Francisco's mayor from 2004 to 2011.
Early Life and Education
Born in San Francisco to Tessa Thomas and William Alfred Newsom III, a state appellate court judge and Getty Oil attorney, Gavin Newsom comes from a prominent fourth-generation San Franciscan family. His maternal great-grandfather, Scotsman Thomas Addis, was a pioneer in nephrology and a professor at Stanford University. Gavin’s parents divorced when he was five, and he was raised primarily by his mother, Tessa, who worked three jobs to support him and his sister, Hilary.
Newsom faced challenges early in life due to severe dyslexia, which affected his ability to read, write, and work with numbers. He attended Redwood High School in Marin County, excelling in basketball and baseball, and later received a baseball scholarship to Santa Clara University, where he graduated in 1989 with a Bachelor of Science in politics.
Gavin Newsom Family Tree
| Name | Gavin Christopher Newsom |
| Grandparents | William Alfred Newsom II (Grandfather) Christine Anne Brennan (Grandmother) |
| Parents | William Alfred Newsom III (Father) Tessa Thomas Menzies (Mother) |
| Sibling | Hilary Newsom Callan (Sister) |
| Spouse | Jennifer Siebel Newsom (Wife) |
| Children | Montana Tessa Newsom (Daughter) Hunter Siebel Newsom (Son) Brooklynn Siebel Newsom (Daughter) Dutch William Newsom (Son) |
Gavin Newsom Parents and Family
Gavin Newsom was born to Tessa Thomas and William Alfred Newsom III. His father was a state appellate court judge and attorney for Getty Oil, while his mother worked multiple jobs to support Gavin and his sister after their parents divorced in 1972. Newsom often credits his mother for instilling in him the value of hard work and service, as she also welcomed foster children into their home.
Gavin Newsom Wife and Children
Newsom has been married twice. His first marriage to Kimberly Guilfoyle ended in 2005. In 2008, he married filmmaker Jennifer Siebel, and the couple has four children: Montana, Hunter, Brooklynn, and Dutch. Known for his family’s connection to politics and philanthropy, Newsom values public service—a principle instilled by his mother.
Gavin Newsom Net Worth
Gavin Newsom has an estimated Net Worth of $42 Million as of 2025.Gavin Newsom, the Governor of California, has amassed a significant fortune through his businesses, lobbying efforts, and investments.
Financial Overview
| Category | Amount |
|---|---|
| Net Worth | $42 Million |
| Annual Income | $5 Million |
| Governor’s Salary | $210,000 |
| Business Profits | $1.8 Million |
| Anonymous Earnings | $900,000 |
Gavin Newsom Earning Source and Assets
Newsom founded the PlumpJack Group, a company that operates wineries and restaurants across California. This business is a major source of his income, bringing in about $1.8 million per year in profits.Newsom earns more than $1.3 million annually by lobbying for businesses and wealthy individuals. His ability to help clients secure government approvals has made him a sought-after figure.
In 2018, Newsom bought a house for $1.6 million and sold it just four months later for $4 million, making a profit of over $2.5 million in a single deal.At an auction, Newsom bought a 1965 limited-edition Rolex for just under $7,000. Experts valued the watch at $25,000, but the seller let him buy it at a deep discount for unclear reasons.
Business Career
Newsom’s entrepreneurial journey began in 1991 when he co-founded PlumpJack Associates, which led to the establishment of the PlumpJack Winery in 1992. With financial backing from family friend Gordon Getty, the PlumpJack Group expanded to oversee a network of 23 businesses, including wineries, restaurants, and hotels. By 2002, Newsom's business holdings were valued at $6.9 million.
Early Political Career
Newsom’s political career started in 1996 when San Francisco Mayor Willie Brown appointed him to the Parking and Traffic Commission. A year later, he joined the city’s Board of Supervisors, where he focused on issues like public transportation reform, housing, and homelessness.
His signature initiative, "Care Not Cash," restructured San Francisco's homeless assistance program by replacing cash payments with services like housing and behavioral health support. Despite initial protests, the program was later deemed a success, boosting Newsom's profile and setting the stage for his 2003 mayoral campaign.
Leadership as Mayor and Lieutenant Governor
At age 36, Newsom became San Francisco’s youngest mayor in a century, winning re-election in 2007 with 72% of the vote. As mayor, he championed housing projects and innovative public-private partnerships to increase homeownership and affordable housing. His decision to direct the city clerk to issue marriage licenses to same-sex couples in 2004 placed him at the forefront of the LGBTQ+ rights movement.
Elected as California’s lieutenant governor in 2010 and re-elected in 2014, Newsom continued to focus on progressive policies, including environmental initiatives, education reform, and cannabis legalization.
In 2018, Newsom won the gubernatorial race, assuming office as California faced challenges like homelessness, wildfires, and climate change. His leadership during the COVID-19 pandemic drew both praise and criticism. While his early response was considered a model for other states, controversies over personal behavior—such as attending a large gathering at a Napa Valley restaurant during lockdowns—sparked a recall election in 2021. Newsom ultimately prevailed, becoming only the second U.S. governor to survive a recall.
