Billionaire Tom Steyer Doesn't Make California Governor Runoff After $200 Million Campaign
Steyer spent $216 million, but California voters again rejected a wealthy first-time self-funder for governor, echoing past defeats for Whitman and Checchi.
- Billionaire Tom Steyer failed to qualify for California's gubernatorial runoff after Tuesday's updated vote count confirmed he finished third behind Democratic candidate Xavier Becerra and Republican Steve Hilton in the all-party primary.
- Steyer's campaign flooded the airwaves with $209 million in advertisements, fueled by more than $215 million of his own fortune, though a campaign aide acknowledged his wealth was his 'greatest asset and our greatest obstacle.'
- Democratic political expert David McLaughlin compared Steyer's spending to 'Brewster's Millions,' while opponents accused him of trying to 'buy the governor's office' and scrutinized past Farallon Capital investments in migrant detention centers.
- Becerra and Hilton will advance to the November general election to replace term-limited Governor Gavin Newsom, with Becerra securing 27.9% of the vote and Hilton following with 25.1%.
- Steyer's total out-of-pocket political expenses now reach $557,781,638, combining this failed gubernatorial bid with a 2020 presidential campaign where he earned 11% and received zero delegates, reinforcing voter skepticism toward billionaire self-funders.
16 Articles
16 Articles
View: Why Democrats rejected ‘class traitor’ Steyer in California
David’s viewAs Tom Steyer became the least successful self-funding candidate in modern US political history this week, his initial years in Democratic politics felt like a fever dream.Steyer, who liked to say that he became a hedge fund billionaire “by accident,” joined Democratic politics at the start of its modern crisis. In 2014, the party despaired at the success of the Koch donor network — decades of right-wing philanthropy that paid off in…
Tom Steyer’s $216-Million Campaign Failed Again
“Californians couldn’t escape billionaire Tom Steyer’s political ads — during newscasts, sitcoms, or sporting events; on streaming services, YouTube, influencers’ social media feeds, or their mailboxes. Even the Puppy Bowl,” the Los Angeles Times reports. “Yet despite spending a record-shattering $216 million of his wealth on his run for governor, the Democrat failed to win enough votes in last week’s primary to advance to the November general …
Independent Journal Review
Left-Wing Billionaire Spends $200,000,000 Of Own Money To Become Governor Only To Lose To Fox News Host
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Billionare Tom Steyer ends California governor campaign after falling short in Jungle Primary – Democratic Accent
Tom Steyer conceded California’s governor’s race Tuesday, saying it was clear he lacked the votes needed to move on to November. “It’s now clear that we do not have the votes necessary to advance to the general election in November,” Steyer wrote in a letter posted on X. A week after California’s jungle primary, the field has narrowed to two candidates. Former Fox News host Steve Hilton will face former Health and Human Services Secretary Xavier…
Billionare Tom Steyer ends California governor campaign after falling short in Jungle Primary
Tom Steyer conceded California’s governor’s race Tuesday, saying it was clear he lacked the votes needed to move on to November."It’s now clear that we do not have the votes necessary to advance to the general election in November," Steyer wrote in a letter posted on X.A week after California's jungle primary, the field has narrowed to two candidates. Former Fox News host Steve Hilton will face former Health and Human Services Secretary Xavier B…
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