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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: 501652

Reported Deaths: 10024
CountyCasesDeaths
Harrison34353540
DeSoto32162408
Hinds31977631
Jackson24508383
Rankin22015390
Lee15596235
Madison14597280
Jones13867243
Forrest13461252
Lauderdale11998317
Lowndes11065188
Lamar10522136
Pearl River9547237
Lafayette8557140
Hancock7740127
Washington7443160
Oktibbeha7147133
Monroe6787178
Warren6706176
Pontotoc6677104
Neshoba6642206
Panola6542131
Marshall6476135
Bolivar6323150
Union605794
Pike5824152
Alcorn5676102
Lincoln5439135
George497479
Scott473098
Tippah470381
Prentiss469182
Leflore4663144
Itawamba4640105
Adams4592119
Tate4592111
Copiah448792
Simpson4448116
Yazoo444887
Wayne440072
Covington429094
Sunflower4240105
Marion4232108
Coahoma4168107
Leake408688
Newton381779
Grenada3711108
Stone360664
Tishomingo360092
Attala331789
Jasper330165
Winston314691
Clay308977
Chickasaw301067
Clarke292594
Calhoun279447
Holmes267987
Smith264150
Yalobusha234547
Tallahatchie228251
Greene219449
Walthall218764
Lawrence213140
Perry205956
Amite205256
Webster203046
Noxubee186840
Montgomery179657
Jefferson Davis172243
Carroll169338
Tunica160039
Benton149239
Kemper141941
Choctaw133326
Claiborne132837
Humphreys129638
Franklin120328
Quitman106528
Wilkinson105139
Jefferson94734
Sharkey64220
Issaquena1937
Unassigned00

Alabama Coronavirus Cases

Cases: 820312

Reported Deaths: 15407
CountyCasesDeaths
Jefferson1148731924
Mobile726221339
Madison52362697
Shelby37640350
Baldwin37266552
Tuscaloosa35120612
Montgomery34123740
Lee23540246
Calhoun22236488
Morgan20958378
Etowah19838500
Marshall18381304
Houston17394412
St. Clair16078339
Cullman15468293
Limestone15354199
Elmore15271286
Lauderdale14323295
Talladega13851283
DeKalb12664261
Walker11221370
Blount10207176
Autauga10048148
Jackson9877184
Coffee9211191
Dale8904185
Colbert8877201
Tallapoosa7093198
Escambia6778134
Covington6715183
Chilton6648162
Russell637559
Franklin5969105
Chambers5612142
Marion5010127
Dallas4979200
Pike4796106
Clarke475884
Geneva4575127
Winston4522103
Lawrence4327117
Bibb425386
Barbour357876
Marengo338390
Monroe331664
Randolph329864
Butler326796
Pickens316584
Henry312866
Hale311688
Cherokee302960
Fayette294180
Washington251651
Cleburne247760
Crenshaw245375
Clay243368
Macon234863
Lamar224847
Conecuh186353
Coosa180340
Lowndes175464
Wilcox168939
Bullock151744
Perry138940
Sumter133238
Greene126744
Choctaw88527
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