Gavin Newsom reports $1.7M–$2M income

Gavin and Jennifer Siebel Newsom released their 2022–2024 tax returns, revealing an annual income between $1.7 million and $2 million and paying about $500,000 in taxes. Their finances have remained stable since Newsom took office, with one significant sale in 2021 generating $4.2 million. The release occurs amid investigations into Newsom’s finances, which he denounces as politically motivated. Most of Newsom’s income derives from winery and restaurant businesses he places in a blind trust, while Jennifer’s entertainment ventures mostly incurred losses.

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