Steyer has made millions through funds tied to his former hedge fund, Farallon Capital Management, since he left in 2012.
Billionaire Democratic presidential candidate Tom Steyer remains an investor in assets tied to the hedge fund he founded.
Tom Steyer, a businessman and 2020 presidential candidate, greets an attendee during the Iowa State Fair in Des Moines, Aug. 11, 2019.Billionaire Democratic presidential candidate Tom Steyer remains an investor in assets tied to the hedge fund he founded. Alberto Lammers, press secretary for Steyer's campaign, confirmed to CNBC that Steyer is a passive investor in Farallon investment funds.
Yet his wealth and business entanglements are largely unique among recent presidential candidates. The clearest comparison would be President Donald Trump. The president did not divest his related assets in the Trump Organization after he won in November 2016, although he handed control of the company over to his two eldest sons.
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