Tom Steyer: Founder of Farallon Capital and NextGen America
Business Owner · Hedge Funds & Investing
Tom Steyer founded the hedge fund Farallon Capital in 1986, left in 2012 for climate advocacy, and spent over $253 million on his 2020 presidential run.
About Tom Steyer: Founder of Farallon Capital and NextGen America
Thomas Fahr "Tom" Steyer (born June 27, 1957) is an American businessman, philanthropist, environmental advocate and Democratic political activist. He founded the San Francisco hedge fund Farallon Capital in 1986, serving as its co-senior managing partner until leaving in 2012, and then became active in climate advocacy and Democratic politics, founding NextGen America and co-founding the climate-focused investment firm Galvanize Climate Solutions. He is a billionaire with an estimated net worth of $2.4 billion as of 2026. Steyer and his wife, Kat Taylor, have supported philanthropic and social-enterprise projects including Beneficial State Bank and TomKat Ranch. He became a major Democratic donor in the 2010s, funding environmental ballot initiatives, candidate campaigns and the Need to Impeach effort against Donald Trump, and his 2024 book Cheaper, Faster, Better: How We'll Win the Climate War reached the New York Times bestseller list. He unsuccessfully sought the 2020 Democratic presidential nomination, spending more than $253 million on his campaign before withdrawing in February 2020 without any pledged delegates. Sources: English Wikipedia (Tom Steyer, accessed September 2026).
Basic Information
Founder, Farallon Capital; founder, NextGen America
Company Details
Farallon Capital / NextGen America
Hedge Funds, Climate Investing
Related Business Owner
Latest Articles
Alana Evans Net Worth in 2026 – Income Sources, Career & Earnings
Amy Lee Net Worth 2026: Income Sources, Evanescence Career & Personal Life
Abz Love Net Worth 2026: Five Star’s Career, TV Comeback & Income Breakdown
