Print For the last two decades, Gavin Newsom has been rising to the highest levels of California politics. At the same time, he also has become a multimillionaire businessman, with an upscale chain of wine stores, wineries, restaurants, nightclubs, hotels and retail shops stretching from the Bay Area and Napa Valley to Lake Tahoe and Palm Springs. While Newsom has focused his campaign for governor on his progressive politics, he also has touted his success as an entrepreneur and jobs creator, citing the 23 businesses and employees under the umbrella of his PlumpJack Group. Democrat Antonio Villaraigosa hammered him during the primary campaign for making millions in the wine industry while serving as lieutenant governor. Newsom, who declined to be interviewed for this article, has defended himself against the attacks, downplaying the involvement of billionaire Gordon Getty, a longtime family friend who was the first investor in the businesses more than 25 years ago and still has a stake in some. Their actual values and ownership stakes are difficult to determine because that information is not publicly available. His Airelle Wines Inc. The economic interest statements are an imprecise gauge of wealth.
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