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Billionaire Tom Steyer Drops Out of Democratic Presidential Race

  • He used his personal fortune to deliver an anti-Trump message
  • Steyer failed to win delegates in four early primaries
Tom Steyer in South Carolina on Feb. 27.
Tom Steyer in South Carolina on Feb. 27.Photographer: Drew Angerer/Getty Images

Billionaire Tom Steyer ended his campaign for the Democratic presidential nomination after a disappointing finish in South Carolina, where he had hoped to make a stand.

Steyer didn’t garner enough of the vote to get any delegates. He had been betting on a strong performance in that state after doing poorly in the first three early contests, failing to crack the top four slots in Iowa, New Hampshire and Nevada.