Gavin Newsom unloads seven-figure earnings in tax filings as feds circle wife Jennifer ahead of 2028 decision

By BREANNE DEPPISCH, US SENIOR POLITICAL REPORTER Published: 22:45, 31 July 2026 | Updated: 22:58, 31 July 2026 California Governor Gavin Newsom and his wife, Jennifer Siebel Newsom, earned more than $1 million in taxable income each year between 2021 and 2024, according to copies of their federal tax filings. The tax filings are the first that Newsom's office has shared publicly since his reelection in 2022. They also come just weeks after Newsom, a Democrat and outspoken foe of Donald Trump, announced that he and his wife are the subjects of an ongoing Justice Department investigation. Newsom has blasted the probe as 'politically motivated' and an effort by the Trump administration to thwart his rumored 2028 presidential bid.  'Donald Trump isn't just coming after me because of my mean tweets,' Newsom said in a video shared to social media.  'He's coming after me because I am considering running for president.' Details of the investigation remain unclear, though the probe is believed to have stemmed in part from whistleblower complaints stemming from the finances of his wife, Jennifer, and her nonprofit.  The filings released Friday indicate fairly stable earnings from the pair during the time period in question.  California Governor Gavin Newsom and his wife, Jennifer Siebel Newsom, attend the White House Correspondents' Garden Brunch in Washington, DC Jennifer Siebel Newsom attends the Clinton Global Initiative Annual Meeting in New York A giant portrait of President Donald Trump looks down from the Justice Department in Washington, DC Between 2022 and 2024, Newsom and his wife earned a combined total of $1.4 to $1.6 million annually, according to the tax documents- the result of their respective salaries, investments, profits from their blind trusts, and other ventures, including Siebel Newsom's film production company.  The governor's office did  not release tax information from 2025, as Newsom and his wife have filed for an extension. The exception in income was 2021, when the couple sold their home in Marin County, netting more than $1 million in additional revenue.  The two paid a combined $2.79 million in federal taxes during the time period in question, or between 30 to 35 percent of their earnings.  Gavin Newsom and his family wave to the crowd at an election night party in Los Angeles after Newsom was elected as California's 40th governor  A giant portrait of President Donald Trump looks down from the Justice Department in Washington, DC Barring that, the filings were not immediately revelatory.  Newsom reported an income of roughly $192,000 annually from his salary as governor, while his wife's income averaged around $148,000 from her role as the founder of two nonprofit groups. Siebel Newsom is the founder of the Representation Project, a nonprofit aimed at combating gender stereotypes, and the cofounder of the California Partners Project, which advocates for 'gender equity' across the state of California.  In a statement provided to the New York Times, a spokesperson for the governor's office said the tax documents 'reflect consistent financials over the four-year period' and that they 'contradicted the false right-wing claims' that the pair had ''enriched themselves' through new ventures and nonprofit organizations.''  Even so, the investigation may not be over any time soon.  The Daily Mail reported earlier this month that Newsom and his wife have retained the counsel of Washington litigator, Abbe Lowell, to represent them in a personal capacity amid the escalating Trump DOJ probe.