Thomas Fahr Steyer shortly named Tom Steyer is an American hedge fund manager, philanthropist, environmentalist, liberal activist, fundraiser. He is a candidate in the 2020 Democratic Party presidential primaries. He is the founder as well as former co-senior-managing-partner of Farallon Capital and the co-founder of Onecalifornia Bank, which became (through merger) Beneficial State Bank, an Oakland-based community development bank. As of January 2020, his net worth is $1.6 Billion. In 2010, Steyer and his wife signed The Giving Pledge to donate half of their fortune to charity during their lifetime.