Left-Wing Billionaire Spends $200,000,000 Of Own Money To Become Governor Only To Lose To Fox News Host
Tom Steyer spent $213 million of his own money in the California gubernatorial primary and finished third. Former Fox News host Steve Hilton, backed by Donald Trump, secured the second spot for the November general election. Xavier Becerra won the runoff position, while the article notes record personal spending in the 2026 elections.
- ▪Steyer self‑funded $213 million, the highest amount ever spent by a candidate on a California governor race according to CalMatters.
- ▪He placed third in the all‑party primary behind Becerra and Steve Hilton.
- ▪Steve Hilton, a Republican former Fox News host, was endorsed by Donald Trump and edged out Steyer for the second spot in the general election.
- ▪Meg Whitman previously held the personal‑spending record with $140 million in her 2010 gubernatorial bid.
- ▪The 2026 midterms saw unprecedented levels of candidates using personal fortunes for state and congressional campaigns.
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Elections Left-Wing Billionaire Spends $200,000,000 Of Own Money To Become Governor Only To Lose To Fox News Host Photo by Justin Sullivan/Getty Images Faith Miller Contributor June 09, 2026 11:46 PM ET June 09, 2026 11:46 PM ET Faith Miller Contributor Font Size: const observer = new MutationObserver((mutations) => { const adDivToHide = document.querySelector("#dailycaller_incontent_1"); if (adDivToHide && dc_noads_page) { adDivToHide.classList.add("hide-premium", "hide-free"); observer.disconnect(); console.log("Ad div found and hidden"); } }); observer.observe(document.body, { childList: true, subtree: true }); Billionaire climate activist Tom Steyer came in third in the California gubernatorial primary despite pouring hundreds of millions of his own dollars into his campaign.
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