Billionaire hedge fund founder Tom Steyer is running for governor

Los Angeles TimesWednesday, November 19, 2025 at 2:00:00 PM
PositiveU.S News
  • Tom Steyer, a billionaire hedge fund founder and climate activist, has declared his intention to run for governor of California, focusing on combating corporate influence and addressing housing affordability issues.
  • His candidacy is significant as it enters a competitive race to succeed current Governor Gavin Newsom, who will conclude his second term in January 2027.
  • Steyer's campaign reflects broader themes of populism and environmental activism, positioning him against a backdrop of ongoing debates about housing and corporate power in California.
— via World Pulse Now AI Editorial System

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