Billionaire Tom Steyer Bets Hard On The White House

Bluffton, South Carolina – Tom Steyer says "it is not possible" to buy the Democratic presidential nomination.

However, the crowd of elders gathered in the back of the Southern Barrell Brewing Company in the city of Bluffton, near the coast of South Carolina, surely appreciated the free iced tea and lemonade they received while they waited for him to board the stage the aspirant to the White House. The fried tomatoes and mozzarella sticks were also a success.

Welcome to the campaign of this multimillionaire investment fund entrepreneur who seeks to make space in the busy Democratic primary of 2020. He is already so involved that wealth itself is being attacked as never before in presidential politics, in an election in which Several candidates, including Steyer, have rallied behind a wealth tax and openly question whether billionaires should exist.


And beyond free food and drinks, Steyer has used his wealth to quickly bring together a large staff in several states that now exceeds 300. He has paid agents on the ground in at least five Super Tuesday states. And it has an extensive advertising campaign that is dwarfing the best efforts of its opponents.

Although he entered the race months after most of his competitors, Steyer has already spent $ 4 million more on internet ads than any other Democrat. In Iowa alone, he has spent twice as much on television advertising as his next closest rival, Pete Buttigieg, and more than everyone else on the list combined, according to data obtained by The Associated Press.

In an interview with AP, Steyer said he is prepared to spend more than the $ 100 million he initially promised for candidacy if necessary. Separately, he said he is still committed to giving at least an additional 50 million in this election cycle to outside groups that he helped create, including one dedicated to the impeachment of President Donald Trump.



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