Jump to content

Tom Steyer

From Wikipedia, the free encyclopedia

Tom Steyer
Steyer in 2020
Born
Thomas Fahr Steyer

(1957-06-27) June 27, 1957 (age 67)
Manhattan, New York, U.S.
EducationYale University (BA)
Stanford University (MBA)
Occupations
  • Climate investor
  • Businessman
  • banker
  • philanthropist
  • financier
  • activist
TitleCo-executive chair of Galvanize Climate Solutions
Founder of Farallon Capital
Co-founder of Beneficial State Bank
Political partyDemocratic
Spouse
Kat Taylor
(m. 1986)
Children4
FamilyJim Steyer (brother) Hume Steyer (brother)

Thomas Fahr Steyer (/ˈst.ər/; born June 27, 1957) is an American climate investor, businessman, hedge fund manager, philanthropist, environmentalist, and liberal activist.[1][2] Steyer is the founder and former co-senior-managing-partner of Farallon Capital, and the co-founder of OneCalifornia Bank, which became (through merger) Beneficial State Bank, an Oakland-based community development bank.[1] Farallon Capital manages $20 billion in capital for institutions and high-net-worth individuals. The firm's institutional investors include college endowments and foundations.[1] Steyer served on the board of trustees at Stanford University from 2007 to 2017.[3][4] He was formerly a partner and member of the executive committee at Hellman & Friedman, a San Francisco–based private equity firm.

In 2010, Steyer and his wife signed The Giving Pledge to donate half of their fortune to charity during their lifetime. In 2012, he sold his stake in and retired from Farallon Capital. Switching his focus to politics and the environment, he launched NextGen America, a nonprofit organization that supports progressive positions on climate change, immigration, health care, and education.[5][6]

Steyer sought the Democratic nomination for president in 2020, but dropped out of the race after the first four state contests,[7][8] having spent more than $191 million on campaign advertising but failing to obtain any pledged delegates.[8]

In 2021, Steyer co-founded Galvanize Climate Solutions with Katie Hall, his longtime friend and business partner. Galvanize is a climate-focused investment firm.[9]

Early life and education

[edit]

Steyer was born in Manhattan.[10] His mother, Marnie (née Fahr) was a teacher of remedial reading at the Brooklyn House of Detention and his father, Roy Henry Steyer was a partner in the New York law firm of Sullivan & Cromwell,[11][12] and was a prosecutor at the Nuremberg Trials.[13] His father was a non-practicing Jew, and his mother was Episcopalian.[10]

Steyer grew up on the Upper East Side of Manhattan, and attended the Buckley School and Phillips Exeter Academy.[10] He graduated from Yale University summa cum laude in economics and political science, and was elected to Phi Beta Kappa. He was captain of the soccer team. At Yale, Steyer was a member of Wolf's Head Society[14] Steyer received his MBA from Stanford Graduate School of Business, where he was an Arjay Miller Scholar.[10][15] He has served on the Stanford University board of trustees.[3]

Career

[edit]

After graduation from Yale, Steyer began his professional career at Morgan Stanley in 1979.[1][10] After two years at Morgan Stanley, he attended Stanford Graduate School of Business.[10] Steyer worked at Goldman Sachs from 1983 to 1985 as an associate in the risk arbitrage division, where he was involved in mergers and acquisitions.[10] He later became a partner and member of the Executive Committee at Hellman & Friedman, a San Francisco–based private equity firm.

An early portrait of Steyer

In January 1986, Steyer founded Farallon Capital, a hedge fund firm headquartered in San Francisco.[16][17] Steyer made his fortune running Farallon, which was managing $20 billion by the time he left the company.[18] Steyer was known for taking high risks on distressed assets within volatile markets.[10]

In October 2012, Steyer stepped down from his position at Farallon in order to focus on advocating for alternative energy.[19][20] Steyer decided to dispose of his carbon-polluting investments in 2012, although critics say he did not dispose of them quickly enough and noted that the lifespan of the facilities he funded would extend through 2030.[21] A 2014 New York Times article said coal-mining companies that Farallon invested in or lent money to under Steyer had increased their coal production by 70 million tons annually since receiving money from Farallon, and that Steyer remained invested in the Maules Creek coal mine.[21] Prior to Steyer leaving Farallon, a student activist group called UnFarallon criticized the company for investments in companies with anti-environmental policies.[10] In 2016, some critics noted that Farallon had also invested in private prisons while Steyer was leading the hedge fund.[22] According to SEC filings, Steyer was at the helm as the hedge fund purchased nearly $90 million of Corrections Corporation of America stock (5.5% of the company's outstanding shares).[23] After leaving Farallon, Steyer hosted a two-day think-tank entitled the 'Big Think Climate Meeting' to discuss how to address climate change.[24]

On April 17, 2020, it was announced that California Governor Gavin Newsom had selected Steyer to chair a task force focused on the state's economic recovery after the 2019–20 coronavirus pandemic. The task force will also include former Federal Reserve Chair Janet Yellen, Disney Executive Chairman Bob Iger, and Apple Inc. CEO Tim Cook. Steyer's co-chair was political advisor Ann O'Leary.[25][26][27]

Philanthropy

[edit]

In 2006, Steyer and his wife, Kat Taylor, founded OneRoof, Inc., a B Corp and social enterprise business designed to bring broadband connectivity, computer literacy, and employment skills via OneRoof Internet Centers to small rural towns in rural India and Mexico.[28][29] Neither Steyer nor Taylor remain with the organization.

In 2007, Steyer and Taylor founded Beneficial State Bank, a community development bank, for the purpose of providing commercial banking services to underserved Bay Area businesses, nonprofits, and individuals, with operations now in California, Oregon, and Washington. Its stock ownership is entirely held by a foundation such that all profits are reinvested in local communities.[30][31][32]

Steyer and Taylor put up $22.5 million to start the bank and create the One PacificCoast Foundation to engage in charitable and educational activities, provide lending support, investments, and other services for disadvantaged communities and community service organizations in California.[20][33]

In August 2010, Steyer and his wife signed onto The Giving Pledge, an initiative of Bill Gates and Warren Buffett.[34][35] In 2011 Steyer founded Advanced Energy Economy, an energy research and lobbying group with Hemant Teneja, an Indian-born American venture capitalist.[36][37] Neither Steyer nor Teneja remains with the organization.

Steyer and Taylor created the TomKat Ranch in Pescadero, California, near Half Moon Bay.[38] The ranch is meant to research and demonstrate a sustainable way of doing agriculture.[39] The ranch's activities include underwriting healthy food programs and co-producing an independent film, La Mission, starring Benjamin Bratt, about San Francisco's Mission neighborhood.[40] Around 2011, Steyer joined the board of Next Generation, a nonprofit intending to tackle children's issues and the environment. In 2013, Steyer founded NextGen Climate, an environmental advocacy nonprofit and political action committee.[10]

In August 2015, Steyer launched the Fair Shake Commission on Income Inequality and Middle Class Opportunity, which was intended to advocate policies for promoting income equality.[41]

Political activity

[edit]

In 1983, Steyer worked on Walter Mondale's presidential campaign.[42] He raised money for Bill Bradley in 2000 and John Kerry in 2004.[43][44]

Steyer in 2008

An early supporter of Hillary Clinton in 2008, Steyer became one of Barack Obama's most prolific fundraisers. Steyer served as a delegate to the Democratic National Conventions in 2004 and 2008.[45] Steyer has been a member of the Hamilton Project[46] and has been involved with the Democracy Alliance, a network of progressive donors whose membership in the group requires them to donate at least $200,000 a year to recommended organizations.[47][48]

After the Obama victory in 2008, Steyer was considered for appointment as Secretary of Treasury. Jim Steyer, Tom's brother, told Men's Journal that Obama and his advisors would regret having chosen someone else, due to his expertise.[10] In January 2013, rumors briefly arose that Steyer might be named as a replacement for Energy Secretary Steven Chu.[49] Asked whether he would accept such an appointment, Steyer said he would.[50]

Ballot measures

[edit]

In 2010, Steyer joined the former Secretary of State, San Francisco-based George Shultz, to co-chair the No on Prop. 23 campaign, the measure on the November 2010 ballot concerning California's environmental legislation, AB32. He donated $5 million to the campaign, which defeated Proposition 23.[51][52][53]

In 2012, Steyer was the leading sponsor of Proposition 39 on the ballot in California. Its purpose was to close a loophole that allowed multi-state corporations to pay taxes out of state, mandating that they pay in California. Steyer contributed $29.6 million, saying that he could wait no longer for the change.[54][55][56]

While supporters of Steyer's effort said it would "help break the partisan gridlock in Sacramento", critics objected that "the increasing involvement of rich individuals perverts the original intent of the initiatives". Kim Alexander, president of the California Voter Foundation, said that the level of giving was unprecedented for an individual donor.[56] Some critics called the initiative an ineffective jobs stimulus, while Steyer labeled it a success for closing a corporate loophole.[57]

2012

[edit]

In 2012, Steyer hosted a fundraiser at his home for President Obama. At a private meeting, Steyer, along with fifteen other top donors, reportedly pressed the president regarding the Keystone pipeline, which Steyer opposed. Obama was said to be supportive of Steyer's views, but reluctant to put his full weight behind any initiatives without better proof. Steyer was critical of Obama's decision to keep an energy initiative as a low priority.[58]

Democratic National Convention speech

[edit]

Steyer gave a speech at the 2012 Democratic National Convention,[44] saying that the election was "a choice about whether to go backward or forward. And that choice is especially stark when it comes to energy". Steyer said that Republican presidential nominee Mitt Romney would take no action to reduce U.S. dependence on fossil fuels; rather, he said, Romney would increase it. Steyer went on to support Obama's policies, which he described as investments to "make us energy independent and create thousands of jobs."[59]

2013–2014

[edit]

Anti-Keystone rally

[edit]

In February 2013, Steyer spoke at an anti-Keystone XL Pipeline rally on the Washington Mall organized by Bill McKibben and attended by tens of thousands. McKibben asked Steyer to join the protest by tying himself to the White House gate and getting arrested, but Steyer was dissuaded by his brother Jim.[24]

NextGen America

[edit]

In 2013, Steyer founded NextGen Climate (now NextGen America), an environmental advocacy nonprofit and political action committee.[10] NextGen Climate provided the environmentalist movement with significant capital and political influence.[21] Steyer spent almost $74 million on the 2014 elections.[45][60]

In October 2017, NextGen America donated grants totaling $2.3-million to eight national immigration law service organizations, including the University of California Immigrant Legal Services Center, the Immigration Law Clinic at U C Davis School of Law, U C Hastings Center for Gender and Refugee Studies, Asian Americans Advancing Justice — Asian Law Caucus, California Rural Legal Assistance Foundation, Center for Community Change, American Immigration Lawyers Association, and the Council on American-Islamic Relations.[61]

Electoral campaign activity

[edit]

In 2014, Steyer funded political campaigns to advocate for the election of at least nine candidates and to influence climate change policy through NextGen Climate.[62] Those races included helping elect Ed Markey of Massachusetts over Stephen Lynch to the Senate in a special election in 2013.[45] Reportedly, Steyer spent $1.8 million attacking Lynch, including money for a plane Steyer paid to fly over a Boston Red Sox game with a banner that read, "Steve Lynch for Oil Evil Empire".[24][63]

Steyer supported Democrat Terry McAuliffe's successful 2013 campaign for governor of Virginia through his NextGen Climate Action, contributing funds for paid media (such as television advertisements) and get-out-the-vote efforts.[64] Steyer also supported Democrats in Senate races in Iowa, Colorado, New Hampshire, and Michigan and in Gubernatorial races in Pennsylvania, Maine, and Florida.[65] Steyer cited Florida's pivotal role in the 2016 presidential election and its geographic position, which makes it highly vulnerable to climate change, as reasons for his focus on the state.[66]

Steyer with Secretary John Kerry in Washington, D.C. in October 2015

In June 2014, Steyer said he planned to get involved in California legislative races, targeting three to four races in each house of the Legislature in a bid to affect climate change policy.[67] The Guardian reported in 2014 that Steyer had become the single largest donor in American politics and is the leading advocate of environmental issues.[68]

Steyer spent about $67 million of his personal fortune in the 2014 midterm elections and had a 40% success rate. Of the seven Senate and gubernatorial candidates NextGen Climate supported, three won their races.[45][69]

2015

[edit]

In April 2015, Steyer testified before the California Legislature in favor of a greenhouse-gas reduction bill.[70] In August 2015, Steyer was the guest of honor at the California Democratic Party headquarters to discuss bills to cut gasoline use in half by 2030, although Steyer did not commit to spending large sums of money to support the bills.[71]

In July 2015, Steyer called on 2016 candidates to develop strategic plans to provide the United States with at least 50% of its energy from clean sources by 2030.[72] Reportedly, the message was targeted at Hillary Clinton, who had yet to outline an environmental policy. It was suggested that this was a strategic move to secure a political alliance with Clinton.[73]

2016

[edit]
Steyer in 2016

Steyer raised money for Hillary Clinton,[39] and he hosted a fundraiser on her behalf at his Burlingame home.[74][75] Steyer contributed $87,057,853 in funds exclusively to Democratic Party candidates during the 2016 election cycle.[76][77]

Trump impeachment campaign

[edit]

Beginning in October 2017, Steyer spent approximately $10 million for a television ad campaign advocating the impeachment of Donald Trump, and more on a digital ad campaign to call for Trump's impeachment.[78][79] In the ad, Steyer identifies himself only as an "American citizen" and alleges that Trump "brought us to the brink of nuclear war, obstructed justice at the FBI, and in direct violation of the Constitution has taken money from foreign governments and threatened to shut down news organizations that report the truth." Trump responded by calling Steyer "wacky and totally unhinged."[80][81]

The Need to Impeach campaign led to speculation that Steyer was planning a run for California governor or California senator in 2018, although he did not do so.[82] In March 2018, Steyer launched a 30-city town hall tour[83] and, going into the fall election season, the campaign had amassed close to 6 million petition signatures.[84]

Steyer stepped down from his role as president of Need to Impeach in July 2019 when he announced his presidential campaign. As of 2019, he had reportedly spent over $70 million in the effort. Steyer said Need to Impeach would continue under new leadership and named Nathaly Arriola as the new executive director.[85]

Potential gubernatorial bid

[edit]

Steyer considered running for governor of California in 2018[86][87][88][89] but in January 2018 announced that he would not.[90]

2020 presidential campaign

[edit]
Tom Steyer
Campaign2020 United States presidential election (Democratic Party primaries)
CandidateTom Steyer
AffiliationDemocratic Party
StatusSuspended
LaunchedJuly 9, 2019
SuspendedFebruary 29, 2020
HeadquartersSan Francisco, California
Key peopleHeather Hargreaves (campaign manager)[91]
ReceiptsUS$206,286,970.59[92] (12/31/2019)
SloganActions Speak Louder Than Words
Website
https://www.tomsteyer.com/

After initially indicating that he would not seek the presidency,[93][94] Steyer launched a campaign for the Democratic presidential nomination on July 9, 2019, in an online campaign video posted to Twitter.[2][95] As a self-funded candidate, Steyer committed himself to spending millions of dollars in campaign advertising.[96][97]

Steyer qualified for, and participated in, six televised Democratic primary debates and failed to qualify for one debate.[98][99][100][101]

Steyer came in seventh place in the Iowa caucuses and sixth place in the New Hampshire primaries, out of 11 active candidates, receiving no delegates.[102] He earned no national pledged delegates from Iowa, New Hampshire, or Nevada.[8] Steyer spent a great deal of time and money in South Carolina, far outspending other candidates. However, on February 29, 2020, he finished third (behind Joe Biden and Bernie Sanders). Following that result, he suspended his campaign.[8][103]

Steyer spent over $253 million, with all but a little over $3.5 million coming from his personal funds. This amount worked out to be $3,373 for every vote he received in the three primaries where he was on the ballot before dropping out of the race. During Steyer's time as a candidate, his campaign spending surpassed every other Democratic candidate except for fellow billionaire Michael Bloomberg.[104]

After leaving the race, Steyer co-chaired then Vice President Biden’s Climate Engagement Advisory Council to help mobilize climate voters. The Advisory Council also included Dr. Cecilia Martinez, executive director of the Center for Earth, Energy & Democracy, Lonnie R. Stephenson, head of the International Brotherhood of Electrical Workers, now Secretary of the Interior Deb Haaland, Carol Browner, a top climate official in the Obama years and board chair of the League of Conservation Voters, and Harold Mitchell, Jr., a former South Carolina state representative and founder of the ReGenesis Community Development Corporation. [105]

2024 presidential election

[edit]

In 2023, Steyer held a fundraiser for President Joe Biden's re-election bid for the White House in his San Francisco home.[106]

Political positions

[edit]

Environmentalism

[edit]

Keystone Pipeline

[edit]

After holding several conversations during the summer of 2012 with environmental writer Bill McKibben, Steyer decided to focus much of his attention on the Keystone Pipeline.[107] Steyer officially left Farallon in 2012.[108] He was criticized by some Republicans for attacking the pipeline even though he held some investments in the fossil-fuel industry. The investments included stock in Kinder Morgan, which had its own pipeline connecting the Canadian bitumen sands to a port on the Pacific, which could be seen as a rival to the Keystone pipeline. Steyer promised to fully unload his holdings there within a year.[24] In September 2013, Steyer appeared in a series of commercials in opposition to the proposed pipeline.[24]

In a November 2015 interview, Steyer described the Obama administration's decision to reject the Keystone pipeline as "fantastic."[109]

Global warming and renewable energy

[edit]
Climate Change Cannot Wait rally sign

In 2008, Steyer and Taylor gave $41 million to create the TomKat Center for Sustainable Energy at Stanford University. Part of the Precourt Institute of Energy, it is focused on the development of affordable renewable energy technologies, and promotion of public policies to make renewable energy more accessible. Projects included the creation of lighter, less toxic, and more durable batteries, and an analysis of the then-current power grids capacities to support future renewable energy technologies.[110][111]

In October 2013, Steyer launched a bipartisan initiative to combat climate change along with then-New York City mayor Michael Bloomberg and former Treasury Secretary Henry Paulson.[24] The initiative, called the Risky Business Project, focuses on quantifying and publicizing the economic risks of climate change in the United States. Bloomberg, Paulson, and Steyer serve as co-chairs.[112] The Project has published three reports—a National Report in June 2014, a Midwest Report in January 2015, and a California Report in April 2015.[113][114][115][116]

In 2015, Steyer signed on to the Bill Gates Breakthrough Energy Coalition. The goal of the coalition is to jumpstart the demand and availability of green energy sources.[117]

Healthcare

[edit]
Steyer at the Clark County Democratic Party's 2020 Kick Off to Caucus Gala in February 2020

Steyer opposes Medicare for All but supports expanding coverage.[118]

Gun control

[edit]

Regarding gun control, Steyer supports a ban on assault weapons and universal background checks.[118]

Campaign finance

[edit]

Asked in a November 2014 interview why he invests his money into elections rather than philanthropic organizations, Steyer stated that the price of inaction is too high not to take a direct role.[119] He has said that he opposes Citizens United v. FEC, the 2010 Supreme Court decision allowing unlimited corporate donations to super PACs.[119]

Taxation

[edit]

In an interview in October 2017, Steyer said that he was in favor of raising personal taxes. He said that upper-income people in the United States had done "disproportionately well" at the expense of working families.[120] Steyer called one version of a 2017 Republican tax reform proposal a "thinly veiled reverse Robin Hood".[121] Steyer supports a wealth tax for anyone worth at least $32 million.[122]

5 Rights

[edit]

In November 2018, in a full-page USA Today ad, Steyer outlined five non-partisan issue areas on which he said the Democrats should campaign, and which "represent essential freedoms that should be guaranteed for all Americans": voting rights protections, a clean environment, a complete education, a living wage, and good health.[123][124][125]

Bibliography

[edit]
  • Steyer, Tom. Cheaper, Faster, Better: How We'll Win the Climate War. (2024). Spiegel & Grau. ISBN 9781954118645.[126]

Awards and honors

[edit]
Steyer at a United Nations gala, June 2015

Steyer has received a number of awards and honors for his environmental work, including the Phillip Burton Public Service Award of Consumer Watchdog (2011),[70][127] the Environmental Leadership Award of the California League of Conservation Voters (2012),[128] the Environmental Achievement Award of the Environmental Law Institute (2013),[129] and the Land Conservation Award of the Open Space Institute (2015).[130]

Steyer received Equality California's 2015 Humanitarian Award "for his work advancing progressive causes that benefit the LGBT community."[131]

Personal life

[edit]

In August 1986, Steyer married Kathryn Ann Taylor, a graduate of Harvard College who earned a Master of Business Administration and a Juris Doctor from Stanford University. The Reverend Richard Thayer, a Presbyterian minister, and Rabbi Charles Familant performed the ceremony.[11] They have four children, Samuel Taylor ("Sam"), Charles Augustus ("Gus"), Evelyn Hoover ("Evi"), and Henry Hume ("Henry").[17] Kathryn was on the President's Council for the United Religions Initiative, an interfaith group.[132]

Steyer has two brothers: Hume Steyer, an attorney in New York City and Jim Steyer, an attorney, author, and Stanford University professor.[133][10]

Steyer has a net worth of $1.6 billion.[134] Men's Journal mentioned the modest aspects of his lifestyle noting that he owns an "outdated hybrid Honda Accord" and eschews luxury items such as expensive watches.[10] Steyer wears tartan neckties every day, because in his words “You gotta dress up for a fight.”[135][136]

In his late 30s, Steyer had "a revelation" and began an involvement in the Episcopal Church, the religion of his mother (his father was a non-practicing Jew).[10] He has stated that during this time he became much more interested in religion and theology. The new interest reportedly galvanized his political advocacy.[24]

In 2018, Steyer received two suspicious packages from convicted mail bomber Cesar Sayoc.[137]

He resides in San Francisco, California.[106]

References

[edit]
  1. ^ a b c d Lashinsky, Adam (September 17, 2008). "California's hedge fund king". Fortune. Retrieved July 23, 2010.
  2. ^ a b Garofoli, Joe (July 9, 2019). "San Francisco billionaire Tom Steyer launches presidential campaign". San Francisco Chronicle. Retrieved July 9, 2019.
  3. ^ a b "James Coulter and Thomas Steyer elected to Board of Trustees". Stanford University. Retrieved October 28, 2018.
  4. ^ Sullivan, Kathleen J. (February 15, 2017). "Trustees address a range of issues". Stanford News. Retrieved August 11, 2019.
  5. ^ "About us". NextGen Climate. Archived from the original on May 5, 2016. Retrieved May 8, 2016.
  6. ^ Coral Davenport (May 22, 2014). "Pushing Climate Change as an Issue This Year, but With an Eye on 2016". The New York Times. Retrieved May 8, 2016.
  7. ^ Edelman, Adam; Smith, Allan; Jackson, Jordan (February 29, 2020). "Billionaire Tom Steyer quits Democratic primary race". NBC News. Retrieved February 29, 2020.
  8. ^ a b c d Saul, Stephanie; Stevens, Matt (February 29, 2020). "Tom Steyer Drops Out of 2020 Presidential Race". The New York Times. ISSN 0362-4331. Retrieved February 29, 2020.
  9. ^ Primack, Dan (September 9, 2021). "Tom Steyer launches climate tech investment platform". Axios. Retrieved December 29, 2022.
  10. ^ a b c d e f g h i j k l m n o Hagan, Joe (February 18, 2014). "Tom Steyer: An Inconvenient Billionaire". Men's Journal. Retrieved June 13, 2016.
  11. ^ a b "Kathryn Taylor Weds T.F. Steyer" The New York Times, August 17, 1986
  12. ^ World Who's who in Commerce and Industry. Marquis-Who's Who. 1968. p. 1327.
  13. ^ "Paid Notice: Deaths STEYER, ROY H." The New York Times. June 26, 1997. Retrieved September 2, 2018.
  14. ^ "Secret Society 2013: Who they are, and how they got in!", yaleherald.com, April 21, 2012; retrieved 2012-12-11.
  15. ^ "Remarks by Dean Garth Saloner". Stanford Graduate School of Business. 2016. Archived from the original on October 10, 2020. Retrieved October 20, 2016.
  16. ^ "Tom Steyer". Bloomberg. Retrieved October 20, 2016.
  17. ^ a b Dolan, Kerry A. (September 21, 2011). "Tom Steyer: Hedge Fund Billionaire's Foray Into Politics". Forbes.
  18. ^ "Billionaire Tom Steyer On Money In Politics, Spending $74 M On The Election". Forbes. November 3, 2014.
  19. ^ Celarier, Michelle (October 23, 2012). "Hedgie Steyer hanging it up". New York Post.
  20. ^ a b "Thomas Steyer". Inside Philanthropy. June 21, 2023.
  21. ^ a b c Michael Barbaro; Coral Davenport (July 5, 2014). "Aims of Donor Are Shadowed by Past in Coal". The New York Times. p. A1.
  22. ^ "Old investment by Steyer becomes an issue as he eyes public office". Politico PRO. October 2016. Retrieved June 1, 2017.
  23. ^ Marinucci, Carla (October 24, 2016). "Old investment by Steyer becomes an issue as he eyes public office". Politico. Retrieved November 7, 2016.
  24. ^ a b c d e f g Lizza, Ryan (September 9, 2013). "The President And the Pipeline". The New Yorker.
  25. ^ Khorram, Yasmin (April 17, 2020). "California governor names Steyer, Yellen and tech CEOs to business recovery task force". CNBC. Retrieved April 17, 2020.
  26. ^ Tom Steyer to chair CA economic recovery task force, April 17, 2020, archived from the original on December 21, 2021, retrieved April 17, 2020
  27. ^ "RAW: Gov. Newsom And Former Presidential Candidate Tom Steyer Discuss Council To Lead California Out Of COVID-19 Recession". Retrieved April 17, 2020.
  28. ^ Steven Maviglio (July 26, 2010). "No on Prop 23 Campaign Gets Big Backing from Major Democratic Donor, Releases Report on Valero's $9 Billion Export of California Energy Dollars". Archived from the original on August 7, 2010. Retrieved December 5, 2016.
  29. ^ from former CEO of OneRoof, Inc. (Flashmason99)
  30. ^ Peterson, Deborah. "Kat Taylor: Changing the Face of Philanthropy". Stanford Graduate School of Business. Retrieved October 20, 2016.
  31. ^ Thorpe, Devin (August 25, 2014). "Renamed Bank Still Focused On Building Community". Forbes. Retrieved October 20, 2016.
  32. ^ former CEO of OneRoof, Inc. (Flashmason99), which shared adjacent office space with the bank during its formation, 2006-2007.
  33. ^ Stuhldreher, Anne (April 8, 2009). "Traditional lending goes mainstream". San Francisco Chronicle. Retrieved December 5, 2016.
  34. ^ Blackburn, Bradley (August 4, 2010). "The Giving Pledge: Billionaires Promise to Donate at Least Half Their Fortunes to Charity". ABC News. Retrieved October 20, 2016.
  35. ^ "Buffett, Gates persuade 38 billionaires to donate half of wealth". The Joplin Globe. AP. August 4, 2010. Retrieved October 30, 2013.
  36. ^ Joe Kernen, Becky Quick and Andrew Ross Sorkin "Alternative Energy & the Economy CNBC, December 15, 2011
  37. ^ Joe Kernen, Becky Quick and Andrew Ross Sorkin "Profiting From Clean Energy" CNBC, December 15, 2011
  38. ^ Strom, Stephanie (November 11, 2013). "An Accidental Cattle Ranch Points the Way in Sustainable Farming". The New York Times. Retrieved October 20, 2016.
  39. ^ a b Halper, Evan (October 2, 2015). "Why Tom Steyer's latest fight against climate change involves raising his own cattle". Los Angeles Times. Retrieved October 30, 2015.
  40. ^ Trevenon, Stacy (September 10, 2010). "Film brings 'brown pride' to Pescadero". Half Moon Bay Review. Retrieved September 10, 2010.
  41. ^ Garofoli, Joe (August 8, 2015). "Tom Steyer says effort to end inequality isn't political move". San Francisco Chronicle. Retrieved December 5, 2016.
  42. ^ Patt Morrison (January 20, 2015). "Tom Steyer's Green Ambitions". Los Angeles Times. Retrieved April 3, 2017.
  43. ^ Lizza, Ryan (September 16, 2013). "The President and the Pipeline". The New Yorker. Retrieved April 3, 2017.
  44. ^ a b Fuller, Jaime (February 27, 2014). "Tom Steyer's long road to becoming the environment's donor-in-chief". The Washington Post. Retrieved April 3, 2017.
  45. ^ a b c d Katia, Savchuk (November 3, 2014). "Billionaire Tom Steyer On Money In Politics, Spending $74 M On The Election". Forbes. Retrieved April 3, 2017.
  46. ^ "Tom Steyer". Hamilton Project. Retrieved April 3, 2017.
  47. ^ Gold, Matea (April 12, 2015). "Wealthy donors on left launch new plan to wrest back control in the states". The Washington Post. Retrieved April 20, 2015.
  48. ^ Vogel, Kenneth; Restuccia, Andre (April 13, 2015). "Tom Steyer stars as liberal donors gather". Politico. Retrieved April 20, 2015.
  49. ^ Sink, Justin (January 8, 2013). "Obama looks to fill out Cabinet". The Hill.
  50. ^ Calvey, Mark (January 16, 2013). "San Francisco's Tom Steyer reacts to rumors he'll be named U.S. Energy Secretary". San Francisco Business Times.
  51. ^ Hull, Dana (November 3, 2010). "Prop. 23 defeat sweet for Tom Steyer". San Jose Mercury News. Retrieved April 3, 2017.
  52. ^ Marinucci, Carla (July 25, 2010). "Shultz, Steyer join forces to battle Prop. 23". San Francisco Chronicle. Retrieved April 3, 2017.
  53. ^ Dolan, Kerry (September 21, 2011). "Tom Steyer: Hedge Fund Billionaire's Foray Into Politics". Forbes. Retrieved April 3, 2017.
  54. ^ Henderson, Peter (October 24, 2012). "INTERVIEW-Billionaire Steyer sees clean energy in his future". Reuters.
  55. ^ Carroll, Rory (November 15, 2012). "As U.S. hesitates, California pours billions into green energy". Reuters. Retrieved April 3, 2017.
  56. ^ a b Onishi, Norimitsu (October 17, 2012). "California Ballot Initiatives, Born in Populism, Now Come From Billionaires". The New York Times. p. A22.
  57. ^ "Tom Steyer's Stimulus". The Wall Street Journal. August 18, 2015. Retrieved March 28, 2016.
  58. ^ Lizza, Ryan (September 16, 2013). "The President and the Pipeline". The New Yorker. Retrieved April 3, 2017.
  59. ^ Wesoff, Eric (September 5, 2012). "Tom Steyer Speaks at the DNC on the State of Renewable Energy". Greentech Media. Retrieved April 3, 2017.
  60. ^ Megerian, Chris (December 30, 2014). "Tom Steyer was biggest of mega-donors, analysis shows". Los Angeles Times. Retrieved April 6, 2017.
  61. ^ Watanbe, Teresa (October 20, 2017). "UC immigrant legal services get a boost from billionaire Tom Steyer's donation". Los Angeles Times. Retrieved October 21, 2017.
  62. ^ Ruby, Cramer (January 31, 2017). "Tom Steyer Moves Beyond Climate". BuzzFeed. Retrieved April 3, 2017.
  63. ^ Levenson, Michael (April 8, 2013). "Outside money attacking Stephen Lynch in Senate race". The Boston Globe. Retrieved April 3, 2017.
  64. ^ Meola, Olympia (August 9, 2013). "Out-of-state funds pouring into Virginia race for governor". The Richmond Times Dispatch.
  65. ^ Gold, Matea (May 22, 2014). "Billionaire Tom Steyer will use clout and cash to boost Democrats, environment, in key races". The Washington Post. Retrieved April 3, 2017.
  66. ^ Caputo, Marc (August 2, 2014). "Billionaire climate-change supporter pledges to spend big to beat Florida Gov. Rick Scott". Miami Herald. Retrieved August 5, 2014.
  67. ^ Metha, Seema (June 3, 2014). "Billionaire Steyer looking at spending on legislative races". Los Angeles Times. Retrieved June 4, 2014.
  68. ^ Goldenberg, Suzanne (October 26, 2014). "Tom Steyer: the green billionaire pouring millions into the midterms". The Guardian.
  69. ^ Davenport, Coral, Meager Returns for the Democrats' Biggest Donor, The New York Times, November 6, 2014.
  70. ^ a b Helber, Steve (July 11, 2015). "Tom Steyer's intensifying war on Big Oil takes center stage in California". The Sacramento Bee.
  71. ^ Melanie Mason (August 21, 2015). "Tom Steyer plays it coy about spending money to boost climate bills". Los Angeles Times.
  72. ^ Merica, Dan (July 27, 2015). "Hillary Clinton pushes renewable energy with focus on solar". CNN. Retrieved April 6, 2017.
  73. ^ Andrew Restuccia (July 28, 2015). "Steyer unfazed by Clinton's silence on Keystone". Politico.
  74. ^ Nelson, Colleen McCain (July 24, 2015). "Tom Steyer: Candidates Who Want My Support Must Be Aggressive on Clean Energy". The Wall Street Journal.
  75. ^ Adetiba, Liz (June 8, 2016). "Billionaire Environmentalist Tom Steyer Endorses Hillary Clinton". The Huffington Post. Retrieved April 6, 2017.
  76. ^ "Top Organization Contributions: All Federal Contributions". OpenSecrets.
  77. ^ McCormick, John; Bill Allison (January 18, 2017). "Billionaire Steyer Says There's 'No Limit' on His Spending Against Trump". Bloomberg. Retrieved April 6, 2017.
  78. ^ Au-Yeung, Angel. "This Billionaire Is Spending More Than $10 Million Calling For Trump's Impeachment". Forbes.
  79. ^ John, Arit (August 13, 2018). "Billionaire Steyer Adding $10 Million to Trump Impeachment Drive". Bloomberg. Retrieved August 13, 2018.
  80. ^ "Trump blasts 'wacky' and 'unhinged' Democrat donor". AFP. October 27, 2017. Retrieved November 18, 2017.
  81. ^ Dickinson, Tim (June 29, 2018). "A Conversation With Tom Steyer, the Liberal Billionaire Bankrolling Trump's Impeachment". Rolling Stone. Retrieved August 6, 2018.
  82. ^ McManus, Doyle (November 12, 2017). "Column Tom Steyer's impeachment petition will only make it harder to get rid of Trump". Los Angeles Times. Retrieved November 18, 2017.
  83. ^ Jessica Kwong. "Trump Impeachment Campaign Will Tour the U.S. to Pressure Democrats and Republicans to Remove President". Newsweek. Retrieved September 27, 2018.
  84. ^ Murphy, Erin (September 21, 2018). "Steyer comes to Iowa, talks impeachment". Mason City Globe Gazette. Retrieved September 27, 2018.
  85. ^ Klar, Rebecca (July 9, 2019). "Tom Steyer's campaign to impeach Trump will continue after Steyer enters 2020 race". The Hill. Retrieved November 17, 2019.
  86. ^ Carolyn Lochhead (November 21, 2015). "Tom Steyer ready to spend big to force GOP to face climate change". San Francisco Chronicle.
  87. ^ Sepulvado, John (November 10, 2016). "Tom Steyer: After Trump Win, I May Not Run for Governor". KQED News.
  88. ^ "Tom Steyer still coy about whether he'll run for governor". Los Angeles Times. May 11, 2017. Retrieved June 1, 2017.
  89. ^ Master, Cyra (May 17, 2017). "Tom Steyer testing waters for Calif. gubernatorial bid". The Hill. Retrieved June 1, 2017.
  90. ^ "California Billionaire Will Not Run in 2018 Elections". NBC Connecticut. January 8, 2018. Retrieved February 23, 2018.
  91. ^ Zach Montellaro (July 10, 2019). "Tom Steyer unleashes TV ad blitz". Politico. Retrieved July 10, 2019.
  92. ^ "Form 3P for Tom Steyer 2020". docquery.fec.gov.
  93. ^ Dan Merica; Fredreka Schouten (January 9, 2019). "Billionaire Tom Steyer will not run for president in 2020". CNN. Retrieved July 8, 2019.
  94. ^ Domenico Montanaro (July 9, 2019). "Billionaire Tom Steyer Changes His Mind And Is Now Running For President". Maine Public Broadcasting Network. Retrieved July 11, 2019.
  95. ^ David Wright (July 9, 2019). "Tom Steyer officially announces presidential bid". CNN.
  96. ^ Lissandra Villa (July 9, 2019). "Tom Steyer Brings $100 Million to the Democratic Primary. That May Not Be Enough". Time. Retrieved July 11, 2019.
  97. ^ Zach Montellaro (July 11, 2019). "Tom Steyer unleashes TV ad blitz". Politico. Retrieved July 11, 2019.
  98. ^ Maggie Astor; K.K. Rebecca Lai; Matt Stevens; Gus Wezerek (February 19, 2020). "Who's Qualified for the Next 2020 Democratic Debate?". The New York Times.
  99. ^ "Tom Steyer Qualifies for October Debates, Bringing Field to 11". New York Times. September 8, 2019.
  100. ^ "Tom Steyer qualifies for December debate", Politico, December 3, 2019
  101. ^ "Tom Steyer Qualifies for Democratic Debate With Two Surprising Polls", New York Times, January 9, 2020
  102. ^ Zach Montellaro (February 18, 2020). "Tom Steyer set to miss Nevada debate". Politico.
  103. ^ Kate Sullivan, Tom Steyer ends 2020 presidential campaign, CNN (February 29, 2020).
  104. ^ Jessica Taylor (January 17, 2020). "New Figures Show Billionaire Candidates Spending Big, With Little Return". NPR.
  105. ^ "Biden rolls out team to boost climate vote". July 3, 2020.
  106. ^ a b "Biden raises money at Tom Steyer home in San Francisco". Reuters. October 2, 2023. Archived from the original on October 2, 2023. Retrieved February 14, 2024.
  107. ^ Stockton, Nick. "The Billionaire on a Mission to Save the Planet From Trump". Wired. Retrieved October 28, 2018.
  108. ^ Vardi, Nathan (April 24, 2014). "Hedge Fund Billionaire Tom Steyer Comes Under Republican Attack". Forbes. Retrieved December 27, 2017.
  109. ^ "Tom Steyer talks climate change and the 2016 election". Marketplace. November 20, 2015. Retrieved December 5, 2016.
  110. ^ "Stanford launches $100 million initiative to tackle energy issues". Stanford News. January 12, 2009. Retrieved October 20, 2016.
  111. ^ Ritch, Emma. "Stanford launches $100M energy research institute". Cleantech Group. Archived from the original on December 14, 2010. Retrieved July 23, 2010.
  112. ^ About Us, The Risky Business Project. (retrieved September 14, 2016).
  113. ^ The Risky Business Project, Paulson Institute (retrieved September 14, 2016).
  114. ^ New 'Risky Business' Report Focuses on U.S. Heartland, Yale Climate Connections (February 2, 2015).
  115. ^ Burt Helm, Climate Change's Bottom Line, The New York Times (January 31, 2015).
  116. ^ Victoria Colliver (April 2, 2015), Climate change to make California drought worse, report says, San Francisco Chronicle; accessed October 21, 2017.
  117. ^ Goldman, David (November 30, 2015). "The 30 rich and powerful people Bill Gates signed on to save the Earth". CNN Tech. Retrieved October 20, 2016.
  118. ^ a b "The Issues". Politico. September 6, 2019. Retrieved September 8, 2019.
  119. ^ a b "The World's Billionaires: #962 Thomas Steyer". Forbes. March 5, 2008. Retrieved July 23, 2010.
  120. ^ Fox, Michelle (October 13, 2017). "Billionaire Tom Steyer has a message for Trump: Raise my taxes". CNBC. Retrieved October 13, 2017.
  121. ^ "GOP tax framework is a thinly veiled reverse Robin Hood: Tom Steyer". CNBC. September 27, 2017. Retrieved October 13, 2017.
  122. ^ "We Need A Wealth Tax".
  123. ^ Birnbaum, Emily (November 20, 2018). "Steyer outlines '5 Rights' platform for Dems ahead of 2020". TheHill. Retrieved November 22, 2018.
  124. ^ Resnick, Gideon (November 20, 2018). "Billionaire Tom Steyer Takes Steps Towards a Possible 2020 Run". The Daily Beast. Retrieved November 22, 2018.
  125. ^ Thompson, Alex (November 19, 2018). "Steyer takes step toward 2020 presidential bid". POLITICO. Retrieved November 22, 2018.
  126. ^ Steyer, Tom (2024). Cheaper, Faster, Better: How We'll Win the Climate War. Spiegel & Grau. ISBN 9781954118645.
  127. ^ "Rage for Justice Awards". Consumer Watchdog. 2017.
  128. ^ Jenesse Miller, Tom Steyer, Game-Changing Clean Energy Advocate, Receives CLCV Award Archived November 3, 2018, at the Wayback Machine, California League of Conservation Voters (June 28, 2012).
  129. ^ "George P. Shultz and Thomas F. Steyer Receive 2013 Environmental Achievement Award from Environmental Law Institute: Joint Award presented to Shultz and Steyer at DC Ceremony on October 22". Environmental Law Institute. 2013. Retrieved September 14, 2016.
  130. ^ Tom Steyer Receives OSI's 2015 Land Conservation Award at Annual Luncheon (press release), Open Space Institute (October 21, 2015).
  131. ^ Equality California to Celebrate Civil Rights Champions at L.A. Equality Awards (press release), Equality California (September 1, 2015).
  132. ^ Kat Taylor, United Religions Initiative; retrieved March 30, 2013
  133. ^ "Comparative Studies of Race and Ethnicity at Stanford". Stanford University. Archived from the original on April 25, 2012.
  134. ^ "Forbes profile: Thomas Steyer". Forbes. Retrieved February 13, 2021.
  135. ^ Eilperin, Juliet (February 17, 2013). "Health & Science Billionaire has unique role in official Washington: Climate change radical". The Washington Post. Retrieved May 30, 2020.
  136. ^ Vanessa Friedman (October 16, 2019). "Why Tom Steyer Wears a Tartan Tie". New York Times. Retrieved February 29, 2020.
  137. ^ Bhattacharjee, Riya; Blankstein, rew; Noceda, Kristofer (October 26, 2018). "Packages Sent to Harris, Steyer Tied to Mail Bomb Suspect". NBC 7 San Diego. Retrieved August 16, 2019.
[edit]