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Billionaire developer Rick Caruso will not run for LA mayor
Rick Caruso, who spent $100 million on the 2022 race, confirms he will not challenge Mayor Karen Bass in the June primary despite recent reconsideration.
- Billionaire developer Rick Caruso announced he will not run for LA mayor in the 2026 election, citing concerns for the future of the city.
- Mayor Karen Bass and her office denied Caruso's accusations, asserting that she did not alter any details in the report.
- As of February 5, 2026, the LA City Ethics Commission lists 37 candidates for mayor, with the filing deadline approaching on February 7.
- Former LAUSD Superintendent Austin Beutner dropped out of the mayoral race on February 5 following the death of his daughter.
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Billionaire developer Rick Caruso will not run for LA mayor
Billionaire developer Rick Caruso will not run for mayor of Los Angeles, his spokesperson said Thursday, clarifying his plans just days before the filing deadline. The decision marks a swift turnaround from comments a day earlier, when Caruso said he was weighing whether to reenter the race following reporting on the Palisades fire response. It comes amid a volatile stretch in the mayoral contest, as scrutiny of Mayor Karen Bass’ handling of the…
Coverage Details
Total News Sources15
Leaning Left2Leaning Right3Center7Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 17%
C 58%
R 25%
Factuality
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