The Billionaire Who Made California Unaffordable

Tom Steyer, a 68-year-old former hedge fund manager turned climate activist, turned exactly zero heads last week when he kicked off his campaign for California governor. Tom who?

- By Alysia Finley

To the extent voters have heard of the San Francisco billionaire, it’s likely thanks to his batty climate-focused campaign for the Democratic presidential nomination in 2020—in which he spent $4,600 for every vote he received. If anyone is cheerin