July 9 (UPI) -- Billionaire Tom Steyer announced Tuesday he will run for president of the United States, joining a growing list of more than 20 candidates seeking the Democratic nomination in 2020.
Steyer is a former hedge fund manager and frequent Democratic donor in San Francisco who crusades against corporate money in politics. In a video posted to his Twitter account, Steyer said corporations driven by profits are corrupting the U.S. political system.