Tom Steyer spent about $1,900 for every vote he got in New Hampshire
![Tom Steyer.](https://cdn.mos.cms.futurecdn.net/xdyQz342zVeuEPyBWNkqKi-415-80.jpg)
There are a lot of ways to spend $19 million. Buying TV ads in a presidential race you have close to zero chance of winning probably shouldn't be one of them.
Billionaire philanthropist Tom Steyer has dumped tons of his own money into the 2020 Democratic presidential race, coming in second to only former New York City Mayor Michael Bloomberg in terms of spending on TV and Facebook ads. But unlike Bloomberg, Steyer has failed to gain more than an ounce of momentum after all was spent and done — a fact that was glaringly obvious after his sixth place finish in Tuesday's New Hampshire primaries.
Steyer spent $19.2 million on TV and radio ads leading up the New Hampshire's vote, NBC News reports, and earned just over 10,000 votes. That's about $1,850 spent on each vote.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
![https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516-320-80.jpg)
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Reason to Believe, a PAC supporting former Massachusetts Gov. Deval Patrick, meanwhile spent about $1,430 for every one of Patrick's 1,258 votes — and unlike Steyer, Patrick dropped out of the race immediately after that count was in.
Create an account with the same email registered to your subscription to unlock access.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
-
Video game performers to strike over AI concerns
Speed Read SAG-AFTRA members are unhappy with gaming production companies
By Rafi Schwartz, The Week US Published
-
Today's political cartoons - July 26, 2024
Cartoons Friday's cartoons - campaign donations, yellow buses, and more
By The Week US Published
-
California orders mass dismantling of unhoused people's camps
Speed Read Gavin Newsom's move follows a Supreme Court ruling last month in favor of an Oregon city that ticketed people for sleeping outside
By Rafi Schwartz, The Week US Published
-
Netanyahu makes controversial address
Speed Reads Israeli Prime Minister Benjamin Netanyahu's speech to Congress denounced Gaza war protestors
By Rafi Schwartz, The Week US Published
-
Menendez convicted of bribery, fraud, and extortion
Speed Read The New Jersey Democratic Senator was found guilty in a federal corruption trial
By Rafi Schwartz, The Week US Published
-
Florida judge dismisses Trump documents case
Speed Read Judge Aileen Cannon ruled that special counsel Jack Smith was improperly appointed
By Rafi Schwartz, The Week US Published
-
How could J.D. Vance impact the special relationship?
Today's Big Question Trump's hawkish pick for VP said UK is the first 'truly Islamist country' with a nuclear weapon
By Harriet Marsden, The Week UK Published
-
Hamas says military chief survived Israeli strike
Speed Read An Israeli bombing failed to hit its intended target, military commander Mohammed Deif, but killed at least 90 Palestinians
By Peter Weber, The Week US Published
-
Biden, Trump urge calm after assassination attempt
Speed Reads A 20-year-old gunman grazed Trump's ear and fatally shot a rally attendee on Saturday
By Peter Weber, The Week US Published
-
First Israeli report on Oct. 7 finds 'severe mistakes and errors' in IDF response
Speed Reads Israeli military admits failures in response to deadly Hamas attack that triggered Gaza war
By Rafi Schwartz, The Week US Published
-
Biden saw neurologist during physicals
Speed Read Following his bad debate performance, many are asking questions about the president's brain
By Peter Weber, The Week US Published