Tom Steyer Wants to Save California From Billionaires. But Also Doesn’t Want Them to Leave

The hedge fund billionaire turned gubernatorial candidate wants to tax California’s ultrawealthy, regulate AI, and keep Silicon Valley happy at the same time. Good luck with that.

May 20, 2026 - 07:30
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Tom Steyer Wants to Save California From Billionaires. But Also Doesn’t Want Them to Leave
The hedge fund billionaire turned gubernatorial candidate wants to tax California’s ultrawealthy, regulate AI, and keep Silicon Valley happy at the same time. Good luck with that.

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