Billionaire Tom Steyer drops out of 2020 presidential race after Biden wins South Carolina primary
Tom Steyer , the California activist billionaire who has largely been a nonfactor in the Democratic primary campaign, dropped out of the race on Saturday night. Steyer's departure came after a disappointing finish in the South Carolina Democratic primary. With 70 percent of the vote in, Steyer had just 11.5 percent of the vote — despite spending millions of dollars on campaigning there. "There’s no question today that this campaign, we were disappointed with where we came out," Steyer told supporters in Columbia, S.C. "But I said if I didn’t see a path to winning that I'd suspend my campaign, and honestly I can't see a path where I can win the presidency." Steyer promised to remain involved in political issues across the country and said any one of the Democratic candidates for president would be better than President Trump. He also took a shot at Sen. Lindsey Graham, S.C., who represents South Carolina in the U.S. Senate. "Every De