LOS ANGELES — With six weeks remaining before the primary, Rick Caruso’s Los Angeles mayoral campaign has already spent more than $23 million — an astronomical sum that will likely dwarf the combined spending of the other candidates in the field.
That influx of cash — which has largely come out of the billionaire real estate developer’s own pocket — has reshaped the race to succeed Mayor Eric Garcetti. By comparison, Rep. Karen Bass has spent nearly $800,000 this year.
Bass’s campaign has raised more than $1 million since the beginning of the year, a figure well above the more than $570,000 raised by the Caruso campaign, according to filings covering Jan. 1 through April 23 submitted to the Los Angeles City Ethics Commission. Caruso did not enter the race until early February.
