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The Independent UK
The Independent UK
Michael R. Blood

Billionaire Tom Steyer’s record spending dominates California governor race

Billionaire Democrat Tom Steyer is set to leave an indelible mark on California's gubernatorial race, not least for orchestrating the most expensive political advertising campaign seen across the US this year.

The former hedge fund manager, now a prominent liberal activist, has already committed over $195 million to broadcast TV, cable, and radio advertisements, a figure that continues to climb, according to data compiled by advertising tracker AdImpact.

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