Billionaire Activist Tom Steyer Ends His Democratic Presidential Campaign

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Billionaire Activist Tom Steyer Ends His Democratic Presidential Campaign

#Socialites, check this out! Just less than 24 hours after we saw Tom Steyer shaking and gyrating at his presidential campaign event, the billionaire activist has decided to drop out of the 2020 Democratic presidential primary race!

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ORANGEBURG, SC – FEBRUARY 27: Democratic presidential candidate Tom Steyer at a town hall meeting on rural healthcare issues on February 27, 2020 in Orangeburg, South Carolina. South Carolina holds its Democratic presidential primary on Saturday, February 29. (Photo by Drew Angerer/Getty Images)

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Yup, you read that right. According to The Washington Post, Steyer was set to make the announcement Saturday night in Columbia, S.C. that he was dropping out of the White House race. This comes as a shock to some as it was known that he spent nearly $24 million into his bid!

However, his departure did come after a disappointing finish in the South Carolina Democratic primary. With 56 percent of the vote in, Steyer had just 11.7 percent of the vote — even despite spending millions of dollars on campaigning there. It was said that he finished behind former Vice President Joe Biden and Vermont Sen. Bernie Sanders on Saturday.

As this is all still developing, we just got word that Steyers has made a small statement,

“This has been a great experience. I have zero regrets,” Steyer said, CBS News quoted.

We will continue to keep you updated when more details have been shared.

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