A key Napa Valley property deeded to Gavin Newsom is connected to The Ronald Family Trust – a $600 million Getty family trust fund.
Trustee of Getty-connected Ronald Family Trust – affiliated with Gavin’s hotel property – also presided over an oil company in Russia
Gavin Newsom claims he’s no Trust Fund kid, but an intricate web of financial dealings sure seems to reveal otherwise.
As we reported recently, new information about Gavin Newsom’s so-called “businesses” are coming to light which reveal a list of properties and businesses funded by the Getty family which have contributed to the candidate’s cushy lifestyle.
Now, Carneros Cottages LLC – a property which was deeded to Gavin Newsom – appears to be connected to and possibly funded by yet another Getty family entity.
The Ronald Family Trust appears as a party to Carneros Cottages LLC on public notices.
The Ronald Family Trust is a $600-million family trust established by Getty family members. The trust was established in Nevada (not California), by Gavin Newsom’s father, William Newsom.
For a guy who – according to the L.A. Times – claims he’s been the beneficiary of “No trust funds in my life,” that claim seems to be due for a “Pinocchio” rating as it is becoming abundantly clear the Fortunate Son has benefitted from a labyrinth of Getty Trusts for more than two decades, dating back to the Getty-funded purchase of a wine shop in San Francisco.
In the current day, the Gavin-connected “Ronald Family Trust” is named for Gordon Getty’s half-brother, Ronald, according to a press report in Nevada City, CA.
According to the newspaper The Union, Trust members include Ronald (a Florida resident) and his four grown children (also offspring of the Getty family): Christopher, Christina, Cecily and Stephanie.
At least one of those Getty Trust members presided over an oil company in Russia in 2002:
“The oldest child, Christopher, 34, is based in London and is president of an oil company that operates in Russia,” according to Bill Newsom, the newspaper reported. It is unknown if Christopher still presides over the Russian oil company.
It seems that the more one digs, the more intricate the web of financial dealings becomes.
However, an oil company? In Russia? Connected to the Trust fund listed in public notices as an associate of Gavin’s Napa Valley hotel? That may surprise some of Gavin’s supporters.
It seems that the Fortunate Son’s got some explaining to do.