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Billionaire Tom Steyer Positions Himself as 'Class Traitor' in California Governor Race
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Politics·4/29/2026AI summary

Billionaire Tom Steyer Positions Himself as 'Class Traitor' in California Governor Race

Billionaire climate activist Tom Steyer is positioning himself as a "class traitor" in the California governor's race, advocating for higher taxes on the wealthy and corporations. The 68-year-old Democrat, who founded hedge fund Farallon Capital Management, has spent over $62 million on California ballot measures and is now a leading contender in the June 2 primary. Despite criticism from business groups like Pacific Gas & Electric and the California Chamber of Commerce, he has earned endorsements from progressive organizations including Our Revolution.

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