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Networth and Chill with Your Rich BFF

Gavin Newsom on Money, Politics, and Your Financial Future

Networth and Chill with Your Rich BFF

Vivian Tu

Business, News, Careers, Entrepreneurship, Business News

4.81.8K Ratings

🗓️ 18 March 2026

⏱️ 60 minutes

🧾️ Download transcript

Summary

Vivian sat down live at SXSW with California Governor Gavin Newsom for a candid conversation about why everything feels so expensive right now, how the government is and isn't showing up for everyday Americans, and what it will actually take to close the wealth gap. In this episode, you'll learn: 1. How Governor Newsom's upbringing between two very different worlds — his mom working multiple jobs and his dad's connections to the Getty family — shaped the way he thinks about wealth, power, and opportunity, and what his experience as a small business owner taught him about the difference between running a company and running a government. 2. The biggest financial obstacles standing between Americans and a better quality of life today, why generational wealth and the housing crisis sit at the center of the problem, and what policy changes could actually move the needle structurally. 3. How to think about the role of government in your personal finances, what resources already exist that most people aren't taking advantage of, and what Governor Newsom believes is flying under the radar that every American should be paying attention to right now. 4. What Governor Newsom would do if he could pass one economic policy tomorrow with zero opposition, whether AI will make inequality worse before it gets better, and — because Vivian had to ask — what's actually next for Gavin Newsom. Check out Governor Newsom’s new book YOUNG MAN IN A HURRY! Follow the podcast on Instagram and TikTok! Host: Vivian Tu  Producer: Grace Rittenhouse Editor: Fringe Podcasts Got a financial question you want answered in a future episode? Email us at podcast@yourrichbff.com Support from the show comes from Hostinger: http://hostinger.com/richbff Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

I mean, literally Donald Trump is the biggest obstacle. Period. Full stop. I mean, these tariffs.

0:05.0

And then he reestablished under this new section, 150-day version of the tariffs.

0:10.0

Just doubling down on stupid. Again, we're aggressive tax. All of you are paying $166 billion

0:17.0

that needs to be sent back. He's about destruction. And destruction is not strength.

0:21.8

Any jackass can tear down a barn,

0:24.3

but it takes a skilled carpenter to build one.

0:27.3

Trump is a jackass.

0:29.6

Support for the show comes from Hostinger.

0:32.1

You might dream about launching your side hustle one day.

0:34.8

With Hostinger, you can turn that one day into day one.

0:38.1

Hostinger is an all-in-one platform that brings everything into one place, domain, website, email, AI tools, and AI agents.

0:46.1

Go to hostinger.com slash rich BFF to bring your idea online for under $3 a month.

0:51.7

Plus, get an extra 20% off with promo code Rich BFF.

0:55.3

That's less than the price of a cup of coffee per month.

0:58.3

That's Hostinger.com slash rich BFF.

1:01.4

promo code Rich BFF for an extra 20% off. All right.

1:20.6

No booze yet for a Californian in Texas.

1:24.6

Nice to see you all. I don't think we're going to get too many booze today at all. I don't know. I love it. This is fancy. I've always wanted to do this. So it's good to be up here with everybody. Thank you, Vivian. Thank you for being here. My honor. Lucky for all of our in-person listeners, we have a very special episode of Networth and Chill live from

1:46.7

South by Southwest. I'm your host, Vivian 2, aka Your HBFF, and your favorite Wall Street

1:52.2

Gurley. Today, I want to talk about rent and groceries and medical bills and everything else

1:58.6

that kind of feels like it's just too damn expensive.

2:01.6

When I was beginning my personal finance journey, it felt like I had to figure all of these

...

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