California billionaire Tom Steyer spent $47 million in three months on presidential bid

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California billionaire Tom Steyer spent $47 million in three months on presidential bid
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$47 million. The jaw-dropping sum, spent in his campaign's first three months, places Steyer on track to join the biggest self-funding political candidates in American history.

Elizabeth Warren feels the heat, Joe Biden defends his age and his son and Pete Buttigieg goes on the attack in Democrats’ October debate.Much of Steyer’s spending was devoted to earning him a place on Tuesday night’s debate stage, including $15.6 million on media ad buys, $14.8 million on digital ads and $3.7 million on direct mail, according to the disclosure forms. Hundreds of thousands of dollars more were spent on production costs.

The 62-year-old has never run for public office before. He is among the biggest Democratic donors in the country and has said he would spend $100 million of his wealth on his presidential bid. He has been among the most vocal advocates of the impeachment of Trump.

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