Billionaire Rick Caruso opts out of California gubernatorial and L.A. mayoral races

Name: Billionaire Rick Caruso opts out of California gubernatorial and L.A. mayoral races
Uploaded: 2026-01-19T18:57:26Z
Duration: 1 min 9 s
Description: Billionaire developer Rick Caruso has announced he will not run for Governor of California or Mayor of Los Angeles. Ashley Webster reports on Caruso's decision, noting his previous mayoral campaign loss and the speculation surrounding his political future.

Varney & Company · FBN · Jan 19, 2026 · 1m 9sSign Up Now

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Billionaire developer Rick Caruso has announced he will not run for Governor of California or Mayor of Los Angeles. Ashley Webster reports on Caruso's decision, noting his previous mayoral campaign loss and the speculation surrounding his political future.