A ‘tax-the-rich’ billionaire candidate? Democrats are intrigued

Tom Steyer has built his campaign for governor of California around affordability - he's not the only Democrat testing the party's appetite for a populist from the 1%

Tom Steyer has built his campaign for governor of California around affordability - and taxing the uber-wealthy.

It is perhaps an unusual message for a candidate with an estimated net worth of $2.4bn. But the hedge fund founder-turned climate activist and liberal mega-donor is pitching himself as a different kind of billionaire: one who wants people like him to pay far more in taxes.