Tom Steyer spends more money on digital and TV ads in 6 weeks than any other Democrat has all year

Tom Steyer.
(Image credit: JOSH EDELSON/AFP/Getty Images)

Billionaire Tom Steyer has plenty of cash to burn on 2020 ads, and he has already outspent every one of his opponents.

The 2020 Democratic candidate and impeachment advocate has dropped $12 million on digital and television ads, The New York Times reports, noting that this is more than every other Democratic candidate in the race. That's especially notable considering Steyer only declared his candidacy six weeks ago, whereas most of his competitors have been at it for at least a few months. The majority of candidates in the race also didn't raise more than $12 million last quarter, but Steyer's net worth is estimated to be $1.6 billion, per Forbes.

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Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.