Billionaire developer Rick Caruso has officially announced that he will not campaign for either Los Angeles mayor or California governor. The decision was made public on Friday following extensive discussions with his family. Caruso emphasized that despite not appearing on the ballot, he remains committed to public service.
Rick Caruso’s Decision Not to Run
Caruso’s political ambitions have stirred considerable conversation in political circles recently. On January 7, when questioned about his potential candidacy, he had suggested that he would likely pursue an office. However, his latest statement indicates a shift in priorities.
Focus on Nonprofit Work
In his announcement on X, Caruso highlighted his intention to concentrate on Steadfast LA, a nonprofit he founded. This organization aims to assist fire recovery efforts, particularly for victims of the Palisades and Eaton fires. He expressed pride in the work done through Steadfast LA and his family foundation to uplift communities in need.
Background and Political Landscape
- Caruso spent $100 million in his 2022 mayoral campaign against Karen Bass.
- He lost to Bass by almost 10 percentage points.
- Caruso previously served on the L.A. Police Commission, influencing police leadership decisions.
- He became the youngest commissioner in L.A. history at age 26.
Political experts noted that Caruso’s withdrawal from these races clarifies the field for upcoming elections. Former Los Angeles Unified School District Superintendent Austin Beutner is anticipated to challenge Bass. His campaign addresses similar quality-of-life concerns that Caruso had advocated.
Competitive Political Landscape
The mayor’s race in Los Angeles is shaping up to be competitive. Other potential candidates include L.A. County Supervisor Lindsey Horvath and community organizer Rae Huang. Former reality star Spencer Pratt has also entered the fray, further complicating Bass’s re-election efforts.
Implications of Caruso’s Departure
Caruso’s choice not to run may also influence the upcoming gubernatorial race. His entry could have disrupted the dynamics of this highly contested race, where several candidates are attempting to establish themselves. Currently, notable Democratic candidates include Rep. Eric Swalwell and former Rep. Katie Porter, while the Republican field features figures like Steve Hilton.
Political analysts suggest that Caruso’s decision was influenced by family considerations rather than concerns about electability. His decision may reflect a broader apprehension among potential candidates about the challenges of running for governor in California, a state known for its complex political landscape.
