







Primary Election
Party selects its nominee.
Current roleInvestor
PartyDemocratic
Political ideologyProgressive Democrat
Age69 years old (Jun 27, 1957)
GenderMale
LocationCalifornia
BackgroundInvestor
EducationYale University (BA)
Notable personal detailsThomas Fahr Steyer is an American businessman, philanthropist, and political activist. He founded Farallon Capital Management in 1986 and later became a major funder of environmental and progressive causes, including founding NextGen (NextGen Climate/NextGen America) in 2013. He co-founded Beneficial State Bank with his wife, Kathryn “Kat” Taylor, and has been active in California ballot-measure and voter-mobilization campaigns.
Supports significant tax increases on the very wealthy and closing capital-gains/dividend loopholes to fund expanded social programs; proposes a wealth tax (1% above ~$32 million) and rolling back tax cuts for the wealthy while delivering targeted tax relief for working families. Advocates using revenue from higher taxes on top earners and corporations to expand healthcare, education, infrastructure, and other public investments.
Supports health care as a right and favors building on the Affordable Care Act with a public option rather than implementing Medicare-for-All that would eliminate employer plans. Advocates using government purchasing power and regulation to drive down costs while preserving choice for those with employer-negotiated coverage.
Supports comprehensive, humane immigration reform including a pathway to citizenship, reinstating DACA and expanding TPS, ending family separation and abolishing private immigration detention; opposes construction of a southern border wall while advocating for "smart" border security and reforms to ICE/CBP to prioritize due process and national security. Would decriminalize border crossings (use civil processing) and limit deportations to those convicted of felony crimes, and seeks to expand refugee admissions and asylum protections.
The candidate explicitly identifies as pro‑choice, describes abortion as health care, and supports repealing the Hyde Amendment and protecting reproductive rights. He has worked with and funded pro‑choice organizations and stated he will back policies to preserve abortion access. These positions indicate support for unrestricted access and federal protections for abortion rights.
Supports aggressive climate action including declaring a national climate emergency, backing Green New Deal–style legislation, targeting 100% clean electricity by 2040 and net-zero greenhouse gas emissions by 2045, and large federal investments in clean energy and a civilian climate corps.
Supports strong federal gun safety reforms including universal/background checks, a federal licensing system for gun ownership, waiting periods, red flag (extreme-risk) laws, a ban on new assault weapons and high-capacity magazines, and creation of a federal Office of Gun Violence Prevention. Also supports measures like voluntary buybacks, regulation of ghost/3D-printed guns, and repeal of industry liability protections to increase accountability.
Tom Steyer finished third in California’s 2026 gubernatorial primary and did not advance to the November runoff. He conceded after spending more than $200 million of his own money on the race, including more than $209 million on advertising. The top-two spots went to Xavier Becerra and Steve Hilton, leaving Steyer with another unsuccessful bid for elected office.








Aggregation source: FiftyPlusOne
Endorsers of Tom Steyer for California Governor primary: 1st place
Elected official
North Coast States Carpenters Union endorsed Tom Steyer for governor.
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Independent.com endorsed Tom Steyer for governor.
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Sheldon Whitehouse endorsed Tom Steyer for governor of California.
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California Teachers Association recommended Tom Steyer for governor.
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California Environmental Voters endorsed Tom Steyer for governor.
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California Federation of Labor Unions endorsed Tom Steyer for governor.
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California Nurses Association endorsed Tom Steyer for governor of California.
New updates coming soon
We're monitoring and will update when new data impacts the race.