Billionaire Steyer won’t run for president in 2020

(9 Jan 2019) Billionaire investor and Democratic activist Tom Steyer said Wednesday that he will not run for the White House in 2020 and will instead focus on calling for President Donald Trump’s impeachment. (Jan. 9)

Subscribe for more Breaking News:

You can license this story through AP Archive:

A billionaire spent $10 million on an ad calling for Trump’s impeachment

Billionaire Democratic mega-donor Tom Steyer is spending over $10 million to run a national advertisement calling for Trump’s impeachment. Steyer made his fortune as a hedge fund manager. In 2016, he spent $65 million supporting Democrats and environmental causes, including Martin O’Malley.

Steyer is considering challenging Democratic Sen. Dianne Feinstein in California, he’s also mulling a 2020 presidential run.

In the ad, Steyer calls Trump “a clear and present danger” who is “mentally unstable” and armed with nuclear weapons. Friday morning Trump attacked Steyer on Twitter calling him “wacky and totally unhinged.”


Follow BI Video on Twitter:
Follow BI on Facebook:
Read more:


Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

Here’s What America’s Biggest Political Donor Does With His Money (HBO)

This segment originally aired on VICE News Tonight on November 3. Watch VICE News Tonight M-F at 7:30PM on HBO.

More money has been spent on 2016 election than any political race in history. And a lot of that money came from Tom Steyer, who has pumped more than $130 million of his own money into national politics over the last two election cycles. Nellie Bowles hit the road with Steyer as he stumped for his number one cause.

Subscribe to VICE News here:

Check out VICE News for more:

Follow VICE News here:
More videos from the VICE network: