Viewpoints
Opinion

LA Mayor Race: How a Billionaire Businessman Blew $100 Million With 1 Mistake

Google LogoMark Us Preferred on Google
LA Mayor Race: How a Billionaire Businessman Blew $100 Million With 1 Mistake
Los Angeles mayoral candidate Rick Caruso appears at his election night party in Los Angeles on Nov. 8, 2022. David McNew/Getty Images
James Breslo
|Updated:
0:00
Commentary

Real estate developer Rick Caruso, a former Republican, spent more than $100 million, most of it his own money, to try to become mayor of Los Angeles. He outspent his opponent by about 11-1. Yet he lost by ten points.

Google LogoMark Us Preferred on Google
James Breslo
James Breslo
Author
James Breslo is an attorney and host of the “Hidden Truth Show” podcast. He is a former partner at the international law firm Seyfarth Shaw and public company president. He has appeared numerous times as a legal expert on Fox News and CNN, and serves on the Heritage Foundation's Project 2025 Public Diplomacy committee.
Related Topics