Tom Steyer Made $3 Billion in Markets, Now Wants Crack at Trump

  • Hedge fund founder stepped down in 2012 for activist role
  • He says he’ll spend $100 million of fortune on White House run
Tom SteyerPhotographer: Daniel Acker/Bloomberg
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Tom Steyer has the sort of pedigree that’s been successful in American politics for generations.

The son of a lawyer, he was raised on Manhattan’s Upper East Side, attended boarding schools and then Yale and Stanford universities. He learned merger arbitrage at Goldman Sachs Group Inc. under the tutelage of future U.S. Treasury Secretary Robert Rubin, before starting his own hedge fund.