Gavin Newson Net Worth 2022: How Did the 40th California Governor Become a Multimillionaire?

Gavin Newsom is a career public servant currently serving as the governor of California, one of the richest states in the United States.

Newsom is seen as a rising star in the Democratic party and widely touted by many as the party's future. He previously served as the mayor of San Francisco, one of the most liberal cities not only in the United States but in the entire world.

Newsom was the city's youngest-ever mayor at the age of 36. He then built up his political career serving as the lieutenant governor of California before becoming the 40th governor of the state.

Outside of politics, Newsom is also a businessman and investor with various ventures and investments. According to the Los Angeles Times, he earned his money through various businesses ranging from wineries to restaurants around California. By the time he entered politics, he had amassed wealth worth millions of dollars, making him a multimillionaire.

California Governor Gavin Newsom's Many Businesses

As a businessman, Gavin Newsom co-founded 11 businesses. At 24, he and other investors started the PlumpJack Associates L.P. in 1991.

They then co-founded the PlumpJack Winery the very next year. By 2002, the then businessman's business holdings were valued at over $6.9 million.

Newsom had a variety of businesses across California, which can be found in the Bay Area, Napa Valley, Palm Springs, and Lake Tahoe. These include an upscale chain of wine stores, wineries, restaurants, hotels, nightclubs, and retail shops.

While he started with the PlumpJack Winery on Fillmore Street in 1992, his businesses grew over time. According to Celebrity Net Worth, that business now has over 700 employees. Newsom and his fellow investors also used the PlumpJack name in their other businesses.

While running for governor, Newsom cited his business acumen and touted his success as an entrepreneur. He also cited his 23 businesses and that he was a job creator himself, with over 800 employees across all those businesses.

Gavin Newsom Net Worth 2022

Before entering the world of politics and running for mayor in San Francisco, Gavin Newsom had proven himself as a successful businessman. However, as he finally began his political campaigns, he sold off his PlumpJack Winery shares, according to Scintillating Stars.

Newsom is also an accomplished author, writing two books. He wrote about how technology can help the government with "Citizenville: How to Take the Town Square Digital and Reinvent Government."

Last year, he also wrote a children's book titled "Ben and Emma's Big Hit." The California governor grew up with dyslexia and used his experience to write "Ben and Emma's Big Hit."

With all his businesses, investments, books, and wages as California governor, Gavin Newsom currently has a net worth of $20 million. And his fortune only started with a single wine store on Fillmore Street in San Francisco.

This article is owned by Latin Post.

Written by: Rick Martin

WATCH: California, Washington, Oregon Commitment to Reproductive Freedom: West Coast Offense - From California Governor Gavin Newsom