Steyer’s campaign will focus on affordability and corporate accountability. He argues that corporate interests have too much influence in Sacramento. His announcement video highlighted the state’s high cost of living as a key issue.

He joins several prominent Democrats. The field includes former federal official Xavier Becerra and former Rep. Katie Porter. Former Los Angeles Mayor Antonio Villaraigosa is also running. According to Reuters, the race is expected to be one of the most expensive in state history.
Steyer’s Political History and Financial Power
Steyer is no stranger to national politics. He previously ran for the Democratic presidential nomination in 2020. During that campaign, he spent over $317 million of his own money.
He has long been a major donor and activist. Steyer founded a nonprofit advocating for climate action and healthcare. He also funded a national effort to impeach former President Donald Trump.
His wealth guarantees he can self-fund a significant part of his gubernatorial bid. This financial independence is a central part of his message. He claims it frees him from obligations to corporate donors.
The Uphill Battle in a Crowded Primary
California uses a unique nonpartisan primary system. All candidates, regardless of party, appear on the same ballot. Only the top two vote-getters advance to the general election.
This system makes the race highly unpredictable. Steyer must distinguish himself in a large field of well-known contenders. His strategy relies on appealing to voters frustrated with the political status quo.
His main challenge will be connecting with average Californians. As a billionaire, he must convince voters he understands their daily struggles with housing and bills. This will be a key test of his campaign’s authenticity.
Steyer’s entry into the California governor race adds a significant and well-funded voice to the debate over the state’s future. His focus on corporate power and affordability will now be tested directly with voters. The coming months will reveal if his message can overcome the challenges of a crowded primary.
Info at your fingertips
Who is Tom Steyer running against?
He is running against several Democrats. Key opponents include Xavier Becerra, Katie Porter, and Antonio Villaraigosa. Several Republican candidates, like Sheriff Chad Bianco, are also in the race.
What are Tom Steyer’s main campaign issues?
His main issues are affordability and corporate influence. He promises to build more affordable housing and lower energy costs. He also vows to make large corporations pay their fair share in taxes.
Has Tom Steyer run for office before?
Yes, he ran for president in 2020. He ended his campaign before the Super Tuesday primaries. This is his first run for a state-level office.
How does California’s primary system work?
It is a nonpartisan top-two primary. All candidates are listed together on one ballot. The two candidates with the most votes, regardless of party, advance to the general election.
Why is Steyer considered an outsider?
He has never held elected public office. His career has been in finance and activism. This distinguishes him from his rivals who have extensive government experience.
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