• Lemmyoutofhere@lemmy.ca
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    1 day ago

    “Steyer made his fortune as the founder of Farallon Capital, a hedge fund headquartered in San Francisco that currently manages about $42 billion in assets. After selling his stake in the company in 2012, Steyer started NextGen America, a liberal nonprofit that supports progressive positions on issues such as climate change, immigration, health care and education. The group also launched a labor-aligned super PAC to fund races nationwide. His activism through NextGen America has elevated Steyer’s profile in recent years from little-known hedge fund manager to global climate activist and Republican antagonizer. He has spent millions to pass progressive ballot measures to uphold California environmental laws, raise taxes on tobacco to fund health care and push states to invest in more renewable energy.”

    Hmmm….