Tom Steyer drops out of 2020 race

by Adam Ford · Feb 29th, 2020 9:22 pm

Billionaire Tom Steyer has dropped out of the 2020 presidential race after failing to win any delegates in the South Carolina primary.

Steyer spent $20 million in the state in an attempt to gain traction for his failed presidential bid. He has spent nearly $200 million on his campaign since entering the race in July.

While he qualified for most of the Democratic debates, the billionaire struggled to get beyond 2% in national polling.

Steyer's decision comes after Joe Biden won a decisive victory in the South Carolina contest.


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