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Rick Caruso says he's not running for public office 'at this time'
Los Angeles mayoral candidate Rick Caruso's Election Night party at the Grove on Nov. 8, 2022.
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Brian Feinzimer
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LAist
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Topline:
Billionaire real estate developer Rick Caruso announced Friday that he won't be running for public office.
Why it matters: Caruso has long been rumored to be eyeing a run for California governor or for L.A. mayor.
Why now: But in a statement released on social media, Caruso said, "After much reflection and many heartfelt conversations with my family, I have decided not to pursue elected office at this time."
He called it a "difficult" decision.
The backstory: Caruso ran for L.A. mayor in a self-funded campaign costing some $100 million against Karen Bass in 2022.
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Last year, former Vice President Kamala Harris — another high-profile politico said to be interested in the state's top job — announced she would not be joining the race.
Deep dive: Who’s running for California governor? Here’s a look at the current field of candidates
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