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EXCERPT:
Billionaire Tom Steyer, a leading Democratic candidate for California governor, as of Monday has donated a record-shattering $192.4 million of his personal wealth to his campaign in the lead-up to the June 2 primary.
The cash infusion dwarfs the money raised by all his Democratic and Republican challengers combined, and has fueled a torrent of political ads and a campaign infrastructure that’s kept him near the top of the opinion polls.
But Californians have dismissed rich candidates in the past, especially those who use their own fortunes to appeal to a largely middle- and working-class electorate struggling with day-to-day expenses in the notoriously costly state.
Steyer hopes to avoid the fate of former EBay CEO Meg Whitman, former Hewlett-Packard chief Carly Fiorina, banki