Rick Caruso Opts Out of 2026 LA Mayor and California Governor Races

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Source: The New York Times
Rick Caruso Opts Out of 2026 LA Mayor and California Governor Races
Photo: The New York Times
TL;DR Summary

Los Angeles billionaire Rick Caruso said he will not run for LA mayor or California governor in 2026, choosing to step back after weighing how a campaign would affect his family. His withdrawal removes a potential wealth-backed challenger in both races, where Karen Bass faces a crowded field and the governor’s race is already packed with contenders since Gavin Newsom is term-limited; Caruso’s name recognition is stronger in LA than statewide, and his 2022 bid cost him over $100 million.

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