Thomas Fahr Steyer, or simply Tom Steyer, is a multifaceted individual. He was born on June 27 in New York City, U.S., and is an American businessman, hedge fund manager, philanthropist, environmentalist, and political activist. Steyer is the founder and former co-senior managing partner of Farallon Capital. He co-founded OneCalifornia Bank, which later became known as Beneficial State Bank. Over the years, he has shifted his focus to environment, healthcare, and education-related policies. In this article, we will delve deeper into Tom Steyer’s net worth in 2025.
What is Tom Steyer’s Net Worth in 2025?
Tom Steyer has an estimated net worth of $2.2 billion in 2025.
Steyer’s net worth is primarily derived from his earnings as a businessman and hedge fund manager. Over the years, he has shifted his focus to a career in politics and is a member of the Democratic Party. Steyer is a liberal activist with a focus on climate change, healthcare, education, and immigration-related policies.
Steyer founded Farallon Capital Management in 1986 and also served as a co-senior managing partner of it. Notably, Farallon is one of the world’s most influential hedge funds. However, over the years, Steyer has devoted himself to a career in politics. He launched the nonprofit organization Next Gen, which advocates for progressive and liberal policies on climate change, immigration, healthcare, and education.
Notably, he has also funded several Democratic candidates in their political and advertising campaigns.
What does Tom Steyer do for a living?
Tom Steyer is an American businessman, hedge fund manager, philanthropist, environmentalist, and political candidate.
On November 19, Steyer announced he will be running for California governor. He revealed he aims to make California more affordable for regular citizens by reducing electricity bills and building affordable housing.
Steyer said (USA Today), “Californians deserve a life they can afford. But the Californians who make this state run are being run over by the cost of living. We need to get back to basics.”
Tom Steyer’s earnings explained – how does he make money?
Tom Steyer earns through various professional pursuits.
Steyer is a billionaire philanthropist, businessman, hedge fund manager, environmentalist, and political candidate who has steadily built his wealth over the years.
He is the founder of Farallon Capital Management, one of the world’s most influential hedge funds. He is also the co-founder of One California Bank, which later became Beneficial State Bank. The prolonged investment converted into revenue and profits.
Over the years, he devoted himself to a career in politics and founded the non-profit organization NextGen America. The non-profit organization takes a progressive stance on climate change, immigration, healthcare, and education.
Steyer owns a six-bedroom estate in Lake Tahoe, valued at $18 million. Notably, former President Joe Biden also stayed in the mansion with his family in August 2023.
This story originally appeared on Realitytea
