Billionaire Tom Steyer drops out of Democratic race

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COLUMBIA, United States, March 1, 2020 (BSS/AFP) – Billionaire activist Tom
Steyer dropped out of the race for the Democratic presidential nomination on
Saturday after a disappointing finish in the South Carolina primary.

Steyer spent more than $20 million on advertising in South Carolina but
was heading to a third-place finish behind former vice president Joe Biden
and Vermont Senator Bernie Sanders.

“We were disappointed with where we came out,” Steyer said in a speech to
supporters. “I said if I didn’t see a path to winning I’d suspend my
campaign,” he said. “And I can’t see a path where I can win the presidency.”