Who is Tom Steyer, the Democratic billionaire megadonor?

Tom Steyer, the largest individual donor in Democratic politics, ...

Posted: Jan 9, 2018 12:05 PM
Updated: Jan 9, 2018 12:05 PM

Tom Steyer, the largest individual donor in Democratic politics, announced on Monday that he'll spend $30 million on House races in 2018 and "double" his $20 million campaign to impeach President Donald Trump.

For Steyer, the moves mark the third consecutive election cycle in which he's spent tens of millions from his personal fortune on Democratic candidates and causes.

It's the 3rd consecutive election cycle in which he's spent tens of millions

Steyer has devoted much of his political energy to environmental issues

Steyer, 60, began amassing a net worth -- which Forbes now estimates is $1.6 billion -- in 1986, when he launched Farallon Capital, a hedge fund that ultimately managed $20 billion while Steyer was there.

In 2010, Steyer and his wife, Kat Taylor, signed a pledge launched by Bill Gates and Warren Buffett to give at least half their wealth to charity.

RELATED: Tom Steyer bought a copy of 'Fire and Fury' for every member of Congress

Two years later, Steyer sold his stake in Farallon Capital and shifted his focus to politics, launching the political advocacy organization that has become NextGen America.

Steyer has devoted much of his political energy to environmental issues -- including opposing the Keystone XL pipeline under former President Barack Obama.

He launched his nonprofit and political action committee initially as NextGen Climate and pumped $75 million into organizing efforts in the 2014 midterm elections. Steyer then spent about $90 million in 2016 backing Democratic candidates and causes.

His group then rebranded and broadened its focus, changing its name to NextGen America in 2017. Steyer, meanwhile, publicly flirted with a run for office -- including potential campaigns for the presidency in 2020 or in California, for the governor's office or Sen. Dianne Feinstein's seat, in 2018.

"I would say it is hard for me not to think about that fight," Steyer said in an interview with CNN reporters at Netroots Nation, a progressive summit in Atlanta, in August 2017. He called Trump's presidency a "historic moment" and said America's political divide "is not shrinking, it's growing."

Asked about his thought process as he weighed a run for office, Steyer said: "The way that I think about it is, how can I make the biggest difference?"

"It's not a question of what is the biggest thing I can do? It's how can I make the biggest difference from what would otherwise happen?" he said. "And I honestly haven't figured it out, but I think we've spent a lot of time on it, and I think I still have some time to make up my mind."

Steyer later launched his "Need to Impeach" campaign to remove Trump from office. He spent $10 million on a 60-second ad to kick off the campaign, then another $10 million to oppose Trump's tax reform effort while also calling for his impeachment.

Steyer told reporters in Washington on Monday that he is not running for office this year. Instead, he said, he'll spend $30 million on House races, attempting to unseat Republicans in 10 states. He said he'll also "double" his impeachment push.

Mississippi Coronavirus Cases

Data is updated nightly.

Cases: 259117

Reported Deaths: 5668
CountyCasesDeaths
DeSoto17436187
Hinds16524328
Harrison13876199
Rankin11000217
Jackson10652187
Lee8981141
Madison8413168
Jones6552112
Forrest6101121
Lauderdale6034189
Lowndes5463119
Lafayette507393
Lamar496465
Washington4877124
Bolivar4068109
Oktibbeha401681
Panola378380
Pontotoc372155
Monroe3628105
Warren3619101
Union350563
Marshall349569
Neshoba3433152
Pearl River3380104
Leflore3079108
Lincoln300687
Sunflower289272
Hancock285360
Tate276762
Alcorn268854
Pike266580
Itawamba266261
Scott253448
Yazoo250156
Prentiss249552
Tippah245850
Copiah244549
Coahoma243654
Simpson240069
Leake234367
Grenada221171
Marion218473
Covington216972
Adams210170
Wayne206432
Winston205267
George202739
Attala195761
Newton195745
Tishomingo192461
Chickasaw186144
Jasper176038
Holmes169868
Clay162735
Tallahatchie154935
Stone148424
Clarke143562
Calhoun138021
Smith125825
Yalobusha120234
Walthall113437
Greene112129
Noxubee111425
Montgomery110936
Carroll105922
Lawrence104317
Perry103231
Amite99926
Webster94324
Tunica87621
Jefferson Davis87327
Claiborne86825
Benton84023
Humphreys83624
Kemper79120
Quitman7029
Franklin68716
Choctaw62313
Wilkinson58825
Jefferson55920
Sharkey44217
Issaquena1606
Unassigned00

Alabama Coronavirus Cases

Cases: 432536

Reported Deaths: 6379
CountyCasesDeaths
Jefferson63523957
Mobile30967562
Madison27627201
Tuscaloosa21122268
Montgomery19495326
Shelby18941126
Baldwin16798188
Lee12901102
Morgan12447129
Etowah11911178
Calhoun11365205
Marshall10322119
Houston8813156
Limestone823176
Cullman8159106
Elmore8056104
DeKalb7796102
Lauderdale773399
St. Clair7705122
Talladega6347109
Walker5993174
Jackson590341
Colbert543274
Blount541186
Autauga527061
Coffee454160
Dale405482
Franklin371948
Russell345712
Chilton340972
Covington334168
Escambia328344
Dallas310196
Chambers297370
Clarke290536
Tallapoosa2665107
Pike258830
Marion250155
Lawrence249150
Winston231442
Bibb219848
Geneva206946
Marengo205229
Pickens198631
Hale180842
Barbour177836
Fayette174528
Butler171358
Cherokee162530
Henry157523
Monroe150718
Randolph143236
Washington139527
Clay128546
Crenshaw121644
Cleburne119724
Lamar119621
Macon119637
Lowndes112536
Wilcox105822
Bullock101428
Perry99118
Conecuh96320
Sumter89726
Greene76723
Coosa62215
Choctaw51624
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