{"id":1442,"date":"2026-06-10T04:36:40","date_gmt":"2026-06-10T04:36:40","guid":{"rendered":"https:\/\/hometransferguide.com\/?p=1442"},"modified":"2026-06-10T04:36:40","modified_gmt":"2026-06-10T04:36:40","slug":"left-wing-billionaire-spends-200000000-of-own-money-to-become-governor-only-to-lose-to-fox-news-host","status":"publish","type":"post","link":"https:\/\/hometransferguide.com\/?p=1442","title":{"rendered":"Left-Wing Billionaire Spends $200,000,000 Of Own Money To Become Governor Only To Lose To Fox News Host"},"content":{"rendered":"<div>\n<div><!-- \/10519169\/dailycaller_incontent_1 --> <\/p>\n<p>Billionaire climate activist Tom Steyer came in third in the California gubernatorial primary despite pouring hundreds of millions of his own dollars into his campaign.<\/p>\n<p>Read more <a href=\"https:\/\/hometransferguide.com\/?p=1440\">EXCLUSIVE: Trump Aligned Group Drops Six Figures On \u2018Talafreako\u2019 Ad In Texas<\/a><\/p>\n<p>Steyer, a Democrat, self-funded his failed campaign for governor $213 million, according to CalMatters. One week after polls closed, outlets called that former Fox News host Steve Hilton, a Republican backed by President Donald Trump, had edged out Steyer for the second spot in the November general election.<\/p>\n<p>Former Biden-era Secretary of Health and Human Services Xavier Becerra clinched a runoff spot days earlier with a first-place finish in the all-party primary. Like Steyer, Becerra is a Democrat.<\/p>\n<p>Steyer has spent the most a candidate has ever spent of their own money on a California gubernatorial campaign since digital campaign finance records were first recorded back in 1999, CalMatters reported. Former eBay CEO Meg Whitman set a record for personal wealth spent on a California gubernatorial campaign when she spent $140 million of her own money on her failed 2010 run.<\/p>\n<p>During the 2026 midterms, candidates have spent more of their own personal fortune on campaigns across state and congressional offices than ever before, the outlet reported. <strong>(RELATED: Republican\u2019s Bid To Succeed Newsom Hangs On By Thread With Race Called One Week After Election)<\/strong><\/p>\n<p><!-- \/10519169\/dailycaller_incontent_2 --> <\/p>\n<div>\n<div>\n<img decoding=\"async\" alt=\"\" aria-describedby=\"caption-attachment-8641638\" class=\"size-full wp-image-8641638\" loading=\"lazy\" sizes=\"(max-width: 2560px) 100vw, 2560px\" src=\"https:\/\/images.dailycaller.com\/image\/width=1280,height=2499,fit=inside,format=webp,f=auto\/https:\/\/cdn01.dailycaller.com\/wp-content\/uploads\/2026\/06\/GettyImages-2278835123-scaled.jpg\" srcset=\"https:\/\/images.dailycaller.com\/image\/width=1280,height=2499,fit=inside,format=webp,f=auto\/https:\/\/cdn01.dailycaller.com\/wp-content\/uploads\/2026\/06\/GettyImages-2278835123-scaled.jpg 1280w, https:\/\/images.dailycaller.com\/image\/width=180,height=2499,fit=inside,format=webp,f=auto\/https:\/\/cdn01.dailycaller.com\/wp-content\/uploads\/2026\/06\/GettyImages-2278835123-180x120.jpg 180w, https:\/\/images.dailycaller.com\/image\/width=620,height=2499,fit=inside,format=webp,f=auto\/https:\/\/cdn01.dailycaller.com\/wp-content\/uploads\/2026\/06\/GettyImages-2278835123-620x413.jpg 620w, https:\/\/images.dailycaller.com\/image\/width=768,height=2499,fit=inside,format=webp,f=auto\/https:\/\/cdn01.dailycaller.com\/wp-content\/uploads\/2026\/06\/GettyImages-2278835123-768x512.jpg 768w\" style=\"width: 100%; height: auto; display: block;\"\/>\n<\/div>\n<p>Democratic gubernatorial candidate Tom Steyer speaks during an election night watch party on June 2, 2026 in San Francisco, California. (Photo by Minh Connors\/Getty Images)<\/p>\n<\/div>\n<p>Steyer has a net worth of $2.4 billion, according to Forbes. He founded and ran Farallon Capital Management, a San Francisco-based hedge fund, for 26 years, before he sold his stake in 2012 and got involved in politics.<\/p>\n<p>Read more <a href=\"https:\/\/hometransferguide.com\/?p=1438\">China Pours More Fuel On The AI Arms Race Fire<\/a><\/p>\n<p>Steyer\u2019s campaign emphasized around affordability, planning to lower the cost of housing and electricity in California. The climate activist planned to lower electricity costs by breaking utility company monopolies. He also cofounded an investing firm, Galvanize Climate Solutions, which promotes \u201cenergy transition.\u201d<\/p>\n<p>The billionaire\u2019s campaign manager called him a \u201cprogressive changemaker\u201d in a May press release. He had plans to \u201cbuild 1 million homes over four years and fundamentally transform affordability\u201d in California, according to his website.<\/p>\n<p><!-- \/10519169\/dailycaller_incontent_3 --> <\/p>\n<p>Steyer was an unsuccessfully candidate for the Democratic presidential nomination in 2020.<\/p>\n<p>In May, Steyer praised a biological male track and field athlete who took two girls\u2019 state titles in 2025.<\/p>\n<p>All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter\u2019s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact\u00a0licensing@dailycallernewsfoundation.org.<\/p>\n<p>Read more <a href=\"https:\/\/hometransferguide.com\/?p=1436\">SPLC Head Doubles Down On Calling TPUSA \u2018Hate\u2019 Group Before Charlie Kirk\u2019s Murder<\/a><\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire climate activist Tom Steyer came in third in the California gubernatorial primary despite spending hundreds of millions of his own dollars.<\/p>\n","protected":false},"author":1,"featured_media":1441,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1847,166,1848,1290],"class_list":["post-1442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting","tag-billionaires","tag-california","tag-california-governor","tag-tom-steyer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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