timosman
10-26-2018, 07:00 PM
http://www.latimes.com/projects/la-pol-ca-gavin-newsom-san-francisco-money/
SEPT. 7, 2018
http://www.latimes.com/projects/la-pol-ca-gavin-newsom-san-francisco-money/static/img/topper.jpg
Gavin Newsom wasn’t born rich, but he was born connected — and those alliances have paid handsome dividends throughout his career.
A coterie of San Francisco’s wealthiest families has backed him at every step of his political rise, which in November could lead next to his election as governor of California.
San Francisco society’s “first families” — whose names grace museum galleries, charity ball invitations and hospital wards — settled on Newsom, 50, as their favored candidate two decades ago, said Willie Brown, former state Assembly speaker and former mayor of the city.
http://www.latimes.com/projects/la-pol-ca-gavin-newsom-san-francisco-money/static/img/photos/gavin-mayor-gov.jpg
Left: Gavin Newsom in San Francisco one day after winning the mayoral election in 2003. (Robert Durrell / Los Angeles Times) Right: Newsom in Inglewood one day before the 2018 gubernatorial primary
“He came from their world, and that’s why they embraced him without hesitancy and over and above everybody else,” said Brown, who is a mentor to Newsom. “They didn’t need to interview him. They knew what he stood for.”
A Times review of campaign finance records identified eight of San Francisco’s best-known families as being among Newsom’s most loyal and long-term contributors. Among those patrons are the Gettys, the Pritzkers and the Fishers, whose families made their respective fortunes in oil, hotels and fashion. They first backed him when he was a restaurateur and winery owner running for a seat on the San Francisco Board of Supervisors in 1998, and have continued their support through the governor’s race.
They are not Newsom’s largest donors: The families in total have given about $2 million of the $61 million that donors have contributed to his campaigns and independent committees backing those bids. But they gave while he was a relative unknown, providing crucial support to a political newcomer in the years before his campaign accounts piled high with cash from labor unions, Hollywood honchos, tech billionaires and donors up and down the state.
Now the families appear poised to see their investments pay off.
These donors are mostly liberal, inspired by Newsom’s history as an early supporter of progressive causes, including same-sex marriage as San Francisco mayor in 2004. But some are Republicans, including President Trump’s new ambassador to Austria, who are drawn by Newsom’s background as a small businessman.
The front-runner’s opponents have attacked him for his connections. During the primary, two of his Democratic rivals, Antonio Villaraigosa and John Chiang, painted Newsom as the beneficiary of wealth and privilege. John Cox, his GOP opponent in the November election, reiterated the theme in a new website titled “Fortunate $on.” And an independent expenditure committee supporting the Republican spent a quarter-million dollars late last month on an ad calling Newsom “a child of privilege, his path greased by family and political connections and billionaire patrons.”
Newsom, whose campaign did not respond to a request for comment on this article, has long been tied to San Francisco society.
His father, Bill, was a lifelong friend of Gordon Getty, the son of oil magnate J. Paul Getty — they attended high school together. Bill Newsom later managed the Getty family trust on behalf of Gordon, estimated by Forbes to be worth more than $2 billion in 2018. Bill Newsom was so close with the family that he helped deliver the ransom money after the 1973 kidnapping of J. Paul Getty’s grandson, John Paul Getty III.
More at link. http://www.latimes.com/projects/la-pol-ca-gavin-newsom-san-francisco-money/
SEPT. 7, 2018
http://www.latimes.com/projects/la-pol-ca-gavin-newsom-san-francisco-money/static/img/topper.jpg
Gavin Newsom wasn’t born rich, but he was born connected — and those alliances have paid handsome dividends throughout his career.
A coterie of San Francisco’s wealthiest families has backed him at every step of his political rise, which in November could lead next to his election as governor of California.
San Francisco society’s “first families” — whose names grace museum galleries, charity ball invitations and hospital wards — settled on Newsom, 50, as their favored candidate two decades ago, said Willie Brown, former state Assembly speaker and former mayor of the city.
http://www.latimes.com/projects/la-pol-ca-gavin-newsom-san-francisco-money/static/img/photos/gavin-mayor-gov.jpg
Left: Gavin Newsom in San Francisco one day after winning the mayoral election in 2003. (Robert Durrell / Los Angeles Times) Right: Newsom in Inglewood one day before the 2018 gubernatorial primary
“He came from their world, and that’s why they embraced him without hesitancy and over and above everybody else,” said Brown, who is a mentor to Newsom. “They didn’t need to interview him. They knew what he stood for.”
A Times review of campaign finance records identified eight of San Francisco’s best-known families as being among Newsom’s most loyal and long-term contributors. Among those patrons are the Gettys, the Pritzkers and the Fishers, whose families made their respective fortunes in oil, hotels and fashion. They first backed him when he was a restaurateur and winery owner running for a seat on the San Francisco Board of Supervisors in 1998, and have continued their support through the governor’s race.
They are not Newsom’s largest donors: The families in total have given about $2 million of the $61 million that donors have contributed to his campaigns and independent committees backing those bids. But they gave while he was a relative unknown, providing crucial support to a political newcomer in the years before his campaign accounts piled high with cash from labor unions, Hollywood honchos, tech billionaires and donors up and down the state.
Now the families appear poised to see their investments pay off.
These donors are mostly liberal, inspired by Newsom’s history as an early supporter of progressive causes, including same-sex marriage as San Francisco mayor in 2004. But some are Republicans, including President Trump’s new ambassador to Austria, who are drawn by Newsom’s background as a small businessman.
The front-runner’s opponents have attacked him for his connections. During the primary, two of his Democratic rivals, Antonio Villaraigosa and John Chiang, painted Newsom as the beneficiary of wealth and privilege. John Cox, his GOP opponent in the November election, reiterated the theme in a new website titled “Fortunate $on.” And an independent expenditure committee supporting the Republican spent a quarter-million dollars late last month on an ad calling Newsom “a child of privilege, his path greased by family and political connections and billionaire patrons.”
Newsom, whose campaign did not respond to a request for comment on this article, has long been tied to San Francisco society.
His father, Bill, was a lifelong friend of Gordon Getty, the son of oil magnate J. Paul Getty — they attended high school together. Bill Newsom later managed the Getty family trust on behalf of Gordon, estimated by Forbes to be worth more than $2 billion in 2018. Bill Newsom was so close with the family that he helped deliver the ransom money after the 1973 kidnapping of J. Paul Getty’s grandson, John Paul Getty III.
More at link. http://www.latimes.com/projects/la-pol-ca-gavin-newsom-san-francisco-money/