Tom Steyer
| Tom Steyer | |
|---|---|
 |
|
| Born |
Thomas Fahr Steyer June 27, 1957 New York City, New York, U.S. |
| Alma mater |
Yale University (BA) Stanford University (MBA) |
| Net worth |
 US$1.6 billion (June 2016) |
| Political party | Democratic |
| Spouse(s) | Kathryn Taylor (1986–present) |
| Children | 4 |
| Website | Official website |
Thomas Fahr "Tom" Steyer (born June 27, 1957) is an American hedge fund manager, philanthropist, and environmentalist.
Steyer is the founder and former co-senior managing partner of Farallon Capital and the co-founder of Beneficial State Bank, an Oakland-based community development bank. Farallon Capital manages $20 billion in capital for institutions and high-net-worth individuals. The firm’s institutional investors include college endowments and foundations. Since 1986, Steyer has been a partner and member of the Executive Committee at Hellman & Friedman, a San Francisco-based $8 billion private equity firm.
In 2010, Steyer and his wife signed The Giving Pledge to donate half of their fortune to charity during their lifetime. Since leaving Farallon in 2012, he has become a leading figure in environmental causes, being among the top donors of the 2014 election cycle, and an environmental advisor to the Obama administration.
Steyer is on the board of Next Generation, a non-profit that intends to tackle children's issues and the environment. Steyer is NextGen Climate's founder. He serves on the Board of Trustees at Stanford University and is active in political campaign fundraising.
Tom Steyer was born in 1957 in Manhattan. His mother, Marnie (née Fahr), was a teacher of remedial reading at the Brooklyn House of Detention, and his father, Roy Henry Steyer, was a partner in the New York law firm of Sullivan & Cromwell. His father was Jewish and his mother was Episcopalian. Steyer attended the Buckley School, Philips Exeter Academy and later graduated from Yale University summa cum laude in economics and political science, and was elected to Phi Beta Kappa. He was captain of the Yale soccer team. Steyer received his MBA from Stanford Business School, where he was an Arjay Miller Scholar. He has served on the Board of Trustees.
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