Caruso steps back from CA governor and LA mayor bids
TL;DR Summary
Billionaire developer Rick Caruso announced he will not run for either California governor or Los Angeles mayor in 2026, choosing to focus on wildfire recovery through his Steadfast LA nonprofit after last year’s devastation. He previously lost the LA mayoral race in 2022 to Karen Bass, and while he sought a more moderate, cross-partisan path, the politically polarized climate and Bass's incumbency made a rematch unlikely.
- Billionaire developer Rick Caruso won’t run for California governor or LA mayor Politico
- Rick Caruso announces he will pursue elected office at this time CBS News
- Rick Caruso opts out of another political run FOX 11 Los Angeles
- Billionaire Rick Caruso says he will not run for public office NBC Los Angeles
- Rick Caruso won't run for California governor or LA mayor ABC7 Los Angeles
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