Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

groundloop

(13,895 posts)
Sun Apr 19, 2026, 12:39 PM Sunday

Billionaire Steyer's spending binge dwarfs rival campaigns in California governor's race

Source: AP News

In the wide-open race for California governor, billionaire Tom Steyer is on a spending binge.

The hedge fund manager-turned-liberal activist is using his personal fortune to saturate TV screens and mobile phones with advertising, while his competitors accuse him of trying to use his vast wealth to buy the state’s most powerful job.

Steyer’s ads — in which he promises to bring down household costs or rails against federal immigration raids — appear inescapable at times in heavily Democratic Los Angeles, the state’s largest media market. Data compiled by advertising tracker AdImpact show Steyer has spent or booked over $115 million in ads for broadcast TV, cable and radio — nearly 30 times the amount of his nearest Democratic rival.

If he makes it through the June 2 primary election, Steyer could easily eclipse the 2010 record set by Republican Meg Whitman, who spent $178.5 million in a losing bid for governor, much of it her own money. At the time, it was the costliest campaign for statewide office in the nation’s history.

Read more: https://apnews.com/article/california-governor-democrats-tom-steyer-billionaire-6e55c315e687a8cae88012a404753b07

7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Billionaire Steyer's spending binge dwarfs rival campaigns in California governor's race (Original Post) groundloop Sunday OP
Ugh, even if he is a good guy IbogaProject Sunday #1
I'm backing Steyer, but am looking forward to the debate. Sibelius Fan Sunday #2
I get tired of these rich people who are only interested in holding the top job, always need to be the "boss". ToxMarz Sunday #3
Sorry as 4th generation Californian I can not vote for Steyer kimbutgar Sunday #4
I'm leaning towards Becerra chowder66 Sunday #5
Same here about Becerra kimbutgar Sunday #6
I'll be tuning into the upcoming debates. chowder66 Sunday #7

IbogaProject

(5,980 posts)
1. Ugh, even if he is a good guy
Sun Apr 19, 2026, 12:49 PM
Sunday

People smell BS when the advertising is so excessive I am concerned that we don't get one of the two top spots in this Jungle Primary.

ToxMarz

(2,993 posts)
3. I get tired of these rich people who are only interested in holding the top job, always need to be the "boss".
Sun Apr 19, 2026, 01:08 PM
Sunday

Would be a lot more supportive of him if he did the hard work in the trenches and worked his way up. He just pops his head up when there is a Governor or Presidential election coming up. His only real distinguishing qualification is he is rich and can outspend everyone else.

kimbutgar

(27,366 posts)
4. Sorry as 4th generation Californian I can not vote for Steyer
Sun Apr 19, 2026, 01:28 PM
Sunday

He has no government experience, is a rich out of touch guy who is trying to buy the governorship. I fast forward his commercials and think he is bs. And also he gained millions investing in the prison industrial complex paid for by taxpayer money!

He is trying to buy the governorship by airing commercials on TV all the time. We already have a president who saturated tv airwaves and had his rich friends buy the presidency.

NO to Steyer ! Wake up California it’s all about him gaining power and making money of the governship.

chowder66

(12,368 posts)
5. I'm leaning towards Becerra
Sun Apr 19, 2026, 01:34 PM
Sunday

The following is a copy/paste from Indivisible of California (Al Wei) on CA gubernatorial candidates' policies and experience on #climate and #FossilFuels

Rhuta Bhayga (@rhutabhayga.bsky.social) 2026-04-18T14:22:47.387Z

chowder66

(12,368 posts)
7. I'll be tuning into the upcoming debates.
Sun Apr 19, 2026, 01:41 PM
Sunday

April 22 California Governor Debate
April 28 Pomona College Debate
May 5th CNN in Los Angeles Debate

Latest Discussions»Latest Breaking News»Billionaire Steyer's spen...