California village
By 2025, his total assets are estimated to be around 30 million dollars, according to Financial monthlyReflecting a mixture of political salary, entrepreneurous undertakings and investments.
Political career
Neusam began His political visit in 1997 when San Francisco Mayor Willy Brown appointed him to the board of supervisors.
In 2003, he was elected Mayor of San Francisco, who became the youngest to hold a position in a century.
After serving two conditions, he became the Lieutenant Governor of California in 2010 and was elected 40th Governor of the state in 2018.
He is known since Progressive policies championWith similar-sex marriage rights, environmental reforms and universal health care.
Business undertaking
During his political career, Newsom has co-established several businesses.
At just 24 years old, he launched Plumjack Associates LPDue to which inaugurated Plumpjack vinery In 1992, Finance Monthly reported. In the next decade, the brand expanded to restaurants, hotels and retail stores, with more than 700 people employment.
As of 2002, their trade holdings were valued at around $ 7 million. When he became the mayor in 2004, Newsomm sold his stake in most of his San Francisco undertakings.
Real estate
Newsom and his wife, filmmaker Jennifer Sebel Newsom have done high-profile real estate moves.
He bought a Kentfield, California, home in 2011, bought it in 2021 for about $ 5.9 million in 2021.
He later bought a $ 3.7 million home in a Sacramento suburb and acquired $ 9.1 million Kentfield Estate in 2024 under the ownership of Hyatt Heir Daniel Pritzkar.
Investments and assets
Beyond Plumjack, Newsom has held a blind trust of more than $ 1 million in a mutual fund. Gazette direct.
His financial records also cite about $ 500,000 silver trading profits in 2011, as well as a royalty from his 2013 book “Citizenville: How to Tech the Town Square Digital and RainVant Government”, which brought him $ 125,000 alone in 2019.
