Tax returns show California’s Newsom earning between $1.7 million and $2 million annually

California Gov. Gavin Newsom and his wife earned between $1.7 million and $2 million annually from 2022 to 2024, paying about $500,000 in taxes each year. Their income has remained consistent since 2019, except in 2021 when they sold a house for $6 million, generating $800,000 in profit. Newsom’s income primarily comes from a blind trust holding winery and restaurant businesses, while his wife’s production company incurred losses most years.