Right here Are the Billionaires Operating for Governor This Yr

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  • A number of billionaires are working for governor in states throughout the nation.
  • A few of them are utilizing their wealth to fund their campaigns.
  • This is what to know in regards to the billionaires working for governor in Ohio, California, and Georgia.

Your state’s subsequent governor is likely to be a billionaire.

Billionaires in each political events are throwing their hats within the ring to be the subsequent governor in three completely different states throughout the US, and a few of them are spending their very own fortunes to take action.

Democratic Gov. JB Pritzker of Illinois is the only real billionaire serving as governor of a US state proper now. Nevertheless it’s not that unusual for billionaires to run for, and even win, their state’s prime workplace.

Earlier than changing into Secretary of the Inside underneath President Donald Trump, billionaire Doug Burgum served for eight years because the governor of North Dakota. And earlier than he was elected to the Senate in 2024, Republican coal magnate Jim Justice served as West Virginia’s governor.

Politicians in America are usually rich, and working for workplace is dear. Billionaires and multi-millionaires typically spend their very own cash to fund their campaigns, and typically they’re recruited by social gathering leaders particularly for that cause.

This is what to know in regards to the billionaires working for governor in 2026.

Tom Steyer in California

Tom Steyer, a hedge fund supervisor turned philanthropist, is working for governor of California.

Etienne Laurent / AFP by way of Getty Photos

Billionaire Tom Steyer is a number one Democratic contender for governor of California in 2026.

Steyer, a philanthropist and local weather activist who additionally ran for president in 2020, made his fortune working the hedge fund Farallon Capital.

He’s estimated to be price $2 billion, in response to Forbes.

His gubernatorial marketing campaign is nearly fully self-funded. He has poured a minimum of $38 million of his personal wealth into his marketing campaign to date, in response to latest disclosures.

Latest polling has typically put Steyer in fifth place, touchdown behind GOP candidates Steve Hilton and Sheriff Chad Bianco, together with Democratic Rep. Eric Swalwell and former Democratic Rep. Katie Porter.

Vivek Ramaswamy in Ohio


Vivek Ramaswamy

Vivek Ramaswamy, a biotech firm founder and 2024 presidential candidate, is working for governor of Ohio.

Slaven Vlasic/Getty Photos for Cantor Fitzgerald

Billionaire Vivek Ramaswamy is the overwhelming favourite to be the GOP nominee for governor of Ohio in 2026.

Ramaswamy obtained wealthy within the biotech trade, and Forbes estimates his web price to be $2.2 billion.

He rose to political prominence throughout the 2024 GOP presidential major, when he poured over $30 million into his largely self-funded, long-shot marketing campaign. He was later slated to be the co-head of DOGE, however in the end left to launch his gubernatorial bid.

In contrast to his presidential bid, Ramaswamy shouldn’t be self-funding this time, and he raised practically $20 million in 2025 with out contributing his personal funds.

He’s anticipated to face Democratic candidate Amy Acton, the previous director of the state’s Division of Well being, within the November election.

Rick Jackson in Georgia


Rick Jackson and his wife Melody

Rick Jackson, a healthcare government, is working for governor of Georgia.

Marcus Ingram/Getty Photos

Billionaire Rick Jackson, the founder and CEO of Jackson Healthcare, is a number one contender for the GOP nomination in Georgia’s 2026 gubernatorial election.

He entered the race in has pledged to spend $50 million on his marketing campaign, a sum that is positive to shake up an already crowded subject.

Different main contenders within the GOP major embody Secretary of State Brad Raffensberger, Lieutenant Gov. Burt Jones, and state Lawyer Common Chris Carr. Trump has endorsed Jones.


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