Thomas Steyer made his wealth through hedge funds, resulting in a net worth of $1.6 Billion. Steyer has gone from investing in hedge funds, to investing in politics. Specifically, Steyer is investing in our environment. People like to call him the Liberal version of the Koch Brothers, but the difference between Steyer and the Koch brothers is that Steyer is investing in our future, while the Koch brothers invest in personal economic gain.
He has started a super PAC called NextGen Climate. The mission of the super PAC is to act politically to prevent climate disaster and preserve American prosperity. Steyer recruits other rich people with the goal to make his political organization one of the largest outside groups in the nation. The group now consists of 20 people that employs polling, reaserch and social media to find environmental friendly voters, hoping to persuade those voters with television ads. NextGen is hoping to reach the young fortunes residing in Silicon Valley and get them to join their team.
Steyer disagrees with the Citizens United decision and thinks it will be “a historic mistake”. But Steyer thinks it is necessary to build NextGen to help defend against big time lobbyists like the Koch brothers and Sheldon Adelson. He is willing to match $50 million of his own to his the donors’ $50 million. he will then dish that money out to specific races that are needed wins for climate change.
Steyer has promised to give away half of his money with the Bill Gates and Warren Buffet. Steyer values our atmosphere more than money. He has invested in the opposition of the Keystone XL pipeline, which poses a huge threat on the earth.
Steyer has only been retired since 2012 and now that all of his time will be dedicated to NextGen, I expect great results. Steyer is investing in our grandchildren while the Koch brothers and Sheldon Adelson invest in personal economic gain. Ya maybe Thomas Steyer is “buying” votes but he is indeed doing it for the right cause.