California News:
Public Servant Gavin Newsom’s rise in California politics and acquired power since the 1990s has been through the knavery of family and influential friends.
If you ever doubted that politics is made up of the elite class who see themselves as the ruling class, but want the taxpayers to pay for everything, doubt no more: Governor Gavin Newsom and the “First Partner” (his wife) acquired a $9.1 million home in Marin County, I reported in November 2024. It’s time to revisit this issue because we still don’t have any answers on this home acquisition, or the $3.7 million Fair Oaks home also purchased for them in 2018-2019 by another LLC.
Did the Newsoms buy this home? How? Did someone buy it for them? Who?
The Marin “mansion” is 5,600 square feet, with Newsoms paying 7 percent above the asking price.
Reports reveal that Newsom acquired the home through MHBD Farms, LLC, an entity formed just two days before the transaction, a spokesperson told the San Francisco Chronicle, “The family continues to split their time between Sacramento and Marin counties.” According to the Daily Mail, the governor plans to keep his $3.7 million Sacramento residence too, Yahoo Finance reported.
We found this thread of economists who report:
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This is the new $9.1 million mansion that California Governor Gavin Newsom
GavinNewsom just purchased in Marin County, CA.I did some digging into the entity that purchased the home, and the home was purchased by MHBD Farms LLC on 11/14. That’s one of the entities used by Gavin Newsom that’s named after his kids. He tried covering that up because the entity was created on 11/12/24 via a registered agent.
Why did Gavin Newsom pop up a new entity 2 days before he purchased a $9.1 million home?
Gavin’s kids are named Montana, Hunter, Brooklynn, and Dutch, hence the LLC being named MHBD.
The home was previously owned by Zuloo properties, which is owned by Daniel Pritzker of the Pritzker family.
It is worth noting the Pritzker family were Gavin Newsom’s first donors when he began his political career.
One of the economists on the thread pointed out the obvious: “There are no farms in Marin County.”
The Secretary of State has this on MHBD Farms LLC.
And this – Jennifer Siebel Newsom, the “First Partner” is the new manager of the LLC, as this document was filed last month, May 15, 2025:
This is the original document filed November 12, 2024 with the SOS declaring that one manager would manage the LLC:
Do you know how much income it takes to purchase a $9 million home – unless purchased for cash?
You would need to make an annual income of nearly $2 Million to qualify for a $9 million dollar house if purchased on a 30-year mortgage. The monthly payments would be $56,464.75 …each month at today’s current interest rates.
But if you bought it for cash, it is likely you are either a rock star or professional athlete, or a very successful hedge fund manager, or movie producer or drug dealer – and not a public servant politician.
The governor earns $203,939.40 from the State of California, and receives $95,063.16 in “benefits,” Transparent California reports.
Newsom has held public office since 1996, when San Francisco mayor Willie Brown appointed him to the city’s Parking and Traffic Commission… 28 years Newsom has been a “public servant.”
The annual property tax on the new Marin property is over $117,000 a year – approximately 1% of total value of property. But that probably doesn’t matter to Newsom – As Jennifer Van Laar reported in 2020, Newsom had “chronically delinquent property taxes in both Marin and Sacramento counties: Newsom’s delinquent on more than $20,000 in property taxes for his Kentfield estate (which was last listed for $5.9 million) according to the Marin County Department of Finance’s website.”
Threats of hefty penalties for late property tax payments are for the hoi polloi, lower class, proletariat common folk.
This truly is a deja vu. Because in 2018-2019, an LLC registered to Newsom’s cousin, biz partner, and Co-President of PlumpJack, Jeremy Scherer, paid $3.7 million cash for a Fair Oaks estate, December 2018. In Oct 2019 the LLC “gifted” the home to the Newsoms free and clear, claiming Newsom was a member of the LLC to avoid a $4,000 Transfer Tax.
In January 2020 the Newsoms received $2.7 million tax-free when they obtained a cash-out refinance, Jen Van Laar reported at Redstate.
Since the Newsoms didn’t buy their 12,000-square-foot $3.7 million Fair Oaks, Sacramento home, they probably have a little left over from the $5.9 million sale of their Marin home, the Globe reported… except according to Van Laar, that home was mortgaged to the hilt. And, Newsom’s financial disclosure forms don’t mention the LLC or the gifts, which far exceed the $500 gift limit…
Stunning that this was done under the nose of California’s Fair Political Practices Commission (FPPC), who regularly investigate and fine politicians for ethics and campaign violations, and whose mission says it “regulates campaign financing, conflicts of interest, lobbying, and governmental ethics. The Commission’s objectives are to ensure that public officials act in a fair and unbiased manner in the governmental decision-making process, to promote transparency in government, and to foster public trust in the political system.”
Except for Democrat politicians?
California desperately needs a DOGE, and to start DOGING at the top with the Newsoms.
Is it any wonder Newsom is under such criticism for running in elite circles? But he doesn’t care. He and the First Partner moved into the Marin estate and live the lifestyle unto which they have become accustomed and entitled.
As the Globe reported at the same time in 2020 in the midst of the Covid flu, about Newsom:
“America’s political elite who deem themselves royalty, and live accordingly, are the same politicians who have been keeping their citizens in states under total lockdown for the purpose of destroying the economy, they mandate the wearing of face masks which they themselves do not wear, they prohibit travel to second homes and family cabins while traveling themselves, are keeping schools locked down, and attend funerals while our dead cannot be mourned in a service, and they are thwarting the use of hydroxychloroquine – a known prophylaxis (prevention) to coronavirus, and a successful cure… all to try to force President Donald Trump out of office one way or another.”
The Newsoms will retain the six-bedroom Fair Oaks home of $3.7 million, where he will spend several nights a week with his wife, Jennifer Siebel Newsom, news.meaww.com reported.
So the Newsoms now have two multi-multi-million dollar homes, which appear to not actually belong to them. And if they don’t, who owns them? Who is investing so heavily in Gavin Newsom? Who is providing this Lifestyle for the Rich and Famous to the Newsoms, and what do they expect in return?
This is one way to make investments (campaign contributions) to a future presidential candidate.
Since Newsom’s new $9M pad was purchased through another Limited Liability Corporation – he never has to dirty his hands in a real estate deal, other than to borrow from it, as they did in January 2020 when the Newsoms received $2.7 million tax-free for a cash-out refinance.
This is the California Governor who believes he is entitled to the United States Presidency, but he’s just another privileged San Francisco Bay Area elite “who inherited a California paradise and turned it into purgatory,” says Victor Davis Hanson.
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Author: Katy Grimes
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