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Gavin Newsom: “We have more Fortune 500 companies than we did since 2019…”

Featuring: Gavin Newsom, Democratic | Governor of California

California Governor Gavin Newsom | Bloomberg Newsmaker Event

Published January 30, 2026 | Video Starts at 12:15

So make the case for us that Californians are better off than they were when you took office. Well, I don't know. We have the fourth largest economy in the world, not the sixth. We have more Fortune 500 companies than we did since 2019... Now it's 58. We dominate $405.6 billion output. 13.9% of the nation's manufacturing. No one comes close. $62.1 billion. Just as it relates to agriculture. On the issue of housing, there's no state. (12:15–12:22)

CLAIM

Asserts that the number of Fortune 500 companies in California increased to 58 since 2019.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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