https://www.mercurynews.com/2020/02/29/tom-steyer-drop-out-presidential-race/

Former San Francisco hedge fund chief Tom Steyer dropped out of the presidential race Saturday, ending his expensive and long-shot White House bid after a disappointing showing in South Carolina’s primary.

Steyer — the last Californian standing in the White House contest — decided to call it quits, after getting less than 12 percent in the Palmetto State with about three-fourths of votes counted, despite spending more than $22 million on ads in the state.