Billionaire real estate developer and L.A. City mayoral candidate Rick Caruso doesn’t seem to need City matching funds. In just the first two months since declaring his candidacy, the developer has lent his campaign a whopping $10 million (chump change for a man worth $4 billion) – that’s nearly the entire amount Mayor Garcetti spent on his entire 2013 campaign. With no limits on how much a candidate can spend of their own money on a mayoral race, the sky’s the limit for Caruso.
Another Dick Riordan trying to buy his way into the mayor’s office. But unlike Caruso, Riordan at least had the honesty to run as the Republican he was.
Another rich Republican businessman trying to buy his way into the mayor’s office, like Riordan. Unlike Caruso, though, Riordan at least had the integrity to run as the Republican he was.