Gavin Newsom's Bucks Among Missing $5.7 Billion
Even politicians don't know that they might have money the state has collected
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Chuck Schwab, left, might have a few ideas as to how Gavin Newsom, right, could invest $50 in unclaimed cash.
What do NBA Hall of Famer Magic Johnson and California Attorney General Jerry Brown have in common? Hint: It's not a smooth jump shot.
By law, businesses that have assets on the books -- like utility deposits, bank balances, insurance awards and the like -- have to hand them over to the state after around three years.
A total of 11 million Californians are on file with the total available amounting to $5.7 billion. You can check online to see if you have a little extra something to help cover your holiday shopping bill.
San Francisco Mayor Gavin Newsom has $50 due from a Motorla insurance premium, while his wife Jennifer Siebel-Newsom has $200 from Paypal.
While not a lot of money for either of the wealthy San Franciscans, $250 does buy a lot of compostable diapers for young daughter Montana Tessa Newsom.
Jackson West checked, and sadly, doesn't have any found money waiting -- though he could really use a little right about now.
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