American politician and businessman Gavin Christopher Newsom has been serving as the 40th governor of California since 2019. His birthdate is October 10, 1967. He served as the 42nd mayor of San Francisco from 2004 to 2011, and from 2011 to 2019, he was the 49th lieutenant governor of California. He is a Democrat.
Gavin Newsom Net Worth
Twenty million dollars is how much money American politician and investor Gavin Newsom has. The 40th governor of California, Gavin Newsom, took office in 2019. Before running for mayor himself, Gavin served on the San Francisco Board of Supervisors, an appointment he received from Mayor Willie Brown in 1997.
He became San Francisco’s 42nd mayor in 2003, the youngest to hold the office in a century. Renewal of Newsom’s term ended in 2007. He became the 49th Lieutenant Governor of California in 2010 through popular election. His term as California governor began in 2018.
At least eleven companies have been co-founded by Newsom. Newsom, who was 24 years old in 1991, co-founded PlumpJack Associates L.P. with a group of investors. The PlumpJack Winery was established in 1992 by the group.
More than $6.9 million was the worth of his business assets in 2002. In 2004, when Newsom was elected mayor of San Francisco, he sold his stake in his businesses there. He was also present on Current TV’s “The Gavin Newsom Show” before.
Gavin Newsom Early Life and Career Beginnings
San Francisco, California is the site of Gavin Newsom’s birth on October 10, 1967. He inherited the position of administrator of the multi-billion dollar Getty family trust from his father, William Newsom, who served as a judge on the state appeals court. During William’s time as administrator, the Gordon P. Getty Family Trust was managed by Newsom.
The trust was valued at approximately $2 billion. “I make my living working for Gordon Getty.” William said this in an interview he gave to a publication in 2003. Tessa, Gavin’s mom, was William’s wife from 1966 to 1972.
Gavin once had a tangential tie to Nancy Pelosi via William’s sister Barbara, as we’ll explain in a few chapters. But no, Nancy Pelosi is not, and never has been, Gavin’s aunt, as the widespread belief would have you believe. The post goes into more depth on this topic later on.
He was raised in the Irish Catholic faith and baptized into it by his father. He attended the bilingual French-American Ecole Notre Dame Des Victoires when he was a little boy. But he had to switch schools because of his severe dyslexia. He went on to play basketball and baseball at Redwood High School. To continue his studies, Newsom attended Santa Clara University, where he earned a bachelor’s degree in political science in 1989.
Newsom and his investors established PlumpJack Associates in 1991, and the winery was born out of that. The company eventually expanded to employ more than 700 people. Many other enterprises, such as hotels, restaurants, and apparel stores, were established by Newsom and his investors between the years 1993 and 2000.
Gavin Newsom Jumping Into Politics
Newsom got his start in politics in 1995 as an aide to San Francisco mayoral candidate Willie Brown. Upon becoming president of the Parking and Traffic Commission, Newsom was named to the position by Brown after his election. Appointed to the San Francisco Board of Supervisors by Brown in 1997, Newsom was later elected to a whole four-year term in 1998.
Representing the second district, Newsome was re-elected in 2000 and again in 2002. During his tenure as Supervisor, he was known for his support of housing projects through public-private partnerships and his efforts to overhaul San Francisco’s municipal railway.
The Care Not Cash voter initiative, which Newsom oversaw as Supervisor, helped the homeless by providing them with medical attention, drug rehabilitation, stable housing, and mental health assistance. The measure’s passage increased Newsom’s visibility and provided him with funding for a potential run for mayor.
Gavin Newsom Mayor of San Francisco
At the age of 36, Newsom became the youngest mayor of San Francisco in a century when he was elected as the 42nd mayor in 2003. In 2007, thirteen people ran against Newsom for reelection; among them were Michael Powers, owner of the Power Exchange sex club, and nudist activist George Davis.
With $1.6 million in the bank by early August, though, Newsom had no major challenges to his candidacy. With more than 72% of the vote, he was re-elected and pledged to devote his second term to addressing issues related to healthcare, the environment, housing, education, and homelessness. Additionally, he would prioritize development projects on Hunters Point and Treasure Island.
Programs like Project Homeless Connect and the San Francisco Homeless Outreach Team, which offered cheap rental units and permanent housing to individuals without shelter, were among Newsom’s major accomplishments as mayor. When he ordered the city county clerk to defy state law and give marriage licenses to homosexual couples in 2004, he gained global notoriety.
Despite the nullification of the marriages, Newsom helped galvanize LGBTQ political support, laying the groundwork for same-sex marriage to be legalized in the future. Subsequently, in 2007, Newsom authorized Healthy San Francisco to provide health insurance to all San Franciscans.
Gavin Newsom Individual Life
Kimberly Guilfoyle, a conservative legal analyst and former San Francisco prosecutor, was Newsom’s wife in 2001. Their 2006 divorce was final. Jennifer Siebel, a film director, began dating Newsom that same year. Jennifer and Gavin tied the knot in 2008. Four children were born to them as a couple. Ken Siebel, who is Jennifer’s father, is a real estate mogul and highly successful investment manager.
Thomas Siebel, founder of software business Siebel Systems and a multi-billionaire, is her father’s second cousin. Moving from a home in Marin County to the California Governor’s Mansion in Downtown Sacramento, Newsom and his family relocated after being elected governor. He eventually made Fair Oaks his permanent home after that.
The affair between Newsom and Ruby Rippey-Tourk, wife of Newsom’s campaign manager Alex Tourk, was exposed in 2007. Because of this, Tourk decided to leave Newsom’s administration and seek a divorce.
Gavin Newsom Purchasing Property
Located in Kentfield, California, Gavin and Jennifer spent $2.225 million in 2011. In February 2019, they put the house on the market for $5.995 million. In August 2021, the house was sold for $5.895 million. The couple purchased a Sacramento home worth $3.7 million in late 2018, not long after Gavin was elected governor.
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