Tom Steyer Net Worth (Updated 2025).

Tom Steyer, a prominent figure in American politics and climate activism, began his career in the financial sector. Born into a wealthy family, Steyer attended Yale University and later earned an MBA from Stanford University. After graduation, he worked at Morgan Stanley and Goldman Sachs, honing his skills in finance and investment. In 1986, Steyer co-founded the hedge fund Farallon Capital, which grew to manage over $20 billion in assets under his leadership. His success in the finance world brought him significant wealth and influence, setting the stage for his future endeavors.
Steyer’s transition into politics and activism began in the late 1990s when he started focusing on environmental issues. He co-founded OneSky, an organization dedicated to protecting the Arctic National Wildlife Refuge from oil drilling. In 2006, Steyer and his wife, Kat Taylor, launched the TomKat Center for Sustainable Energy at Stanford University, further solidifying his commitment to environmental causes. Steyer’s activism gained national attention when he founded NextGen America in 2013, a political action committee focused on climate change and voter registration. His involvement in high-profile campaigns and his outspoken advocacy for climate action brought him to the forefront of American politics, eventually leading to his run for the Democratic nomination in the 2020 U.S. presidential election.
Tom Steyer’s Current Net Worth (2025)
As of 2025, Tom Steyer’s estimated net worth is $1.6 billion, according to Forbes.
Career
Tom Steyer, a prominent American hedge fund manager and philanthropist, is known for his career in finance. He co-founded the hedge fund Farallon Capital in 1986, which managed over $20 billion at its peak. Steyer retired from Farallon in 2012 to focus on his philanthropic efforts and political activism.
Other Ventures
After retiring from Farallon, Steyer launched NextGen America, a political action committee focused on climate change and progressive causes. He also founded OneStop, a company aimed at simplifying the process of starting a business. Additionally, Steyer has been involved in various philanthropic initiatives, including the TomKat Center for Sustainable Energy at Stanford University.
Assets
Tom Steyer’s assets include a significant real estate portfolio, with properties in California, New York, and other states. He also has a substantial investment portfolio, consisting of stocks, bonds, and other securities. Steyer’s philanthropic giving is primarily focused on climate change, education, and criminal justice reform.
Annual Income
Tom Steyer’s annual income is not publicly disclosed. However, as a successful hedge fund manager and entrepreneur, his income has likely been substantial. His philanthropic giving has been significant, with Steyer donating hundreds of millions of dollars to various causes over the years.
Table Of Contents
- Tom Steyer Net Worth FAQs
- 1. What is Tom Steyer’s net worth?
- 2. How did Tom Steyer make his money?
- 3. What is Tom Steyer’s political affiliation?
- 4. Has Tom Steyer run for president?
- 5. What is the TomKat Center for Entrepreneurship?
- 6. What is the NextGen Climate Action Committee?
- 7. Has Tom Steyer been involved in any philanthropic efforts?
- 8. What is Tom Steyer’s education background?
- 9. Has Tom Steyer written any books?
- 10. What is Tom Steyer’s age?
Frequently Asked Questions about Tom Steyer
Tom Steyer Net Worth FAQs
1. What is Tom Steyer’s net worth?
Tom Steyer’s net worth is estimated to be around $1.6 billion.
2. How did Tom Steyer make his money?
Tom Steyer made his fortune through his hedge fund, Farallon Capital, which he founded in 1986. He managed the fund until 2012, when he stepped down to focus on political activism.
3. What is Tom Steyer’s political affiliation?
Tom Steyer is a Democrat and has been involved in various political campaigns and initiatives throughout his career.
4. Has Tom Steyer run for president?
Yes, Tom Steyer ran for the Democratic nomination in the 2020 U.S. presidential election but dropped out in February 2020.
5. What is the TomKat Center for Entrepreneurship?
The TomKat Center for Entrepreneurship is a center at Stanford University that supports entrepreneurship and innovation in the fields of energy and climate change. It was founded by Tom Steyer and his wife, Kat Taylor.
6. What is the NextGen Climate Action Committee?
The NextGen Climate Action Committee is a political action committee founded by Tom Steyer in 2013 to advocate for climate change action and support political candidates who prioritize climate issues.
7. Has Tom Steyer been involved in any philanthropic efforts?
Yes, Tom Steyer and his wife have been involved in various philanthropic efforts, including the creation of the TomKat Foundation, which focuses on supporting education, environmental conservation, and community development.
8. What is Tom Steyer’s education background?
Tom Steyer graduated from Yale University in 1983 with a Bachelor of Arts degree in political science. He then received his Master of Business Administration degree from Stanford University in 1990.
9. Has Tom Steyer written any books?
Yes, Tom Steyer has written two books: “The GOP-Just Say No” Party: How the Republicans Plan to Run the Government for the Next 50 Years” (2009) and “Need to Rise: A New Strategy for American Progress” (2019).
10. What is Tom Steyer’s age?
Tom Steyer was born on June 27, 1957, making him 64 years old.