T homas "Tom" Steyer is an American billionaire hedge fund manager who has become one of the most prominent and influential philanthropists and political activists in the United States. He began his finance career at Goldman Sachs and, in 1986, founded the hedge fund Farallon Capital Management. He built Farallon into one of the largest and most successful hedge funds in the world, with a multi-strategy, event-driven investment approach that made him a multi-billionaire.
In 2012, Steyer retired from his firm to dedicate his time and fortune to philanthropy and political and environmental advocacy. He has since become one of the largest financial donors to the Democratic party and to causes related to combating climate change. He founded the non-profit organization NextGen America, which is focused on mobilizing young voters around progressive issues like climate, healthcare, and immigration. In 2020, he spent over $300 million of his own money on an unsuccessful bid for the Democratic nomination for President of the United States. He and his wife have signed the Giving Pledge.
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Thomas 'Tom' F. Steyer is an American businessman, the self-made billionaire Founder and former Co-Senior Managing Partner of Farallon Capital Management (hedge fund) and a major environmental and political activist. His career is rooted in elite finance, strategic investment, and high-level political advocacy.
Steyer holds a B.A. in Economics and Political Science from Yale University and an MBA from Stanford Graduate School of Business (HBS). His philosophical approach centers on contrarian, deep-value investment, long-term asset hold, and radical political engagement (leveraging his wealth for climate change and democracy reform). He founded Farallon Capital in 1986.
Tom Steyer's strategic genius was his commitment to fundamental value. He founded Farallon Capital in 1986, successfully building it into one of the largest and most successful hedge funds by focusing on value investing and special situations. His structural contribution is immense: pioneering the modern institutional hedge fund model in San Francisco.
He retired from the firm in 2012 (converting it to a family office) to focus entirely on environmental and political activism (committing over a billion dollars to climate causes). His structural move was leveraging his financial success to become a major political force for climate reform. His wealth is secured by the colossal, long-term, stable returns generated by Farallon's strategies.
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Earns an MBA from Harvard Business School (HBS) (Academic Achievement).
Founds Farallon Capital Management (Founding).
Founds NextGen America (Environmental/Political Founding).
Retires from Farallon Capital to focus entirely on political and environmental activism (Executive Transition).
Runs for the Democratic Presidential Nomination (Political Apex).
Continues as Founder and Patriarch of the environmental movement (Executive Oversight).
Thomas Steyer's wealth is concentrated in the liquid capital generated from his decades of financial success at Farallon Capital Management and his private investments.
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Thomas Steyer's social impact is immense, stemming from his large-scale funding for climate change advocacy and political reform. His organization, NextGen America, mobilizes youth voters on climate issues, and his foundations actively support clean energy research and environmental protection nationwide. He committed over a billion dollars to these causes, making him a central figure in U.S. environmental politics.
His personal philanthropy supports various community and educational initiatives.
Thomas Steyer maintains the professional, political style of a prominent activist. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and purpose, often featuring a distinctive plaid tie (a signature of his campaign).
Residing in San Francisco, California, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, climate advocacy, and political reform.
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“My generation has a moral imperative to address the climate crisis. We have the money, we have the technology, we just need the political will.”
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+1.27% | +$23.19M
-0% | -$0.02M
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All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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