Tom Steyer: The hedge-fund tycoon squaring up to the Koch brothers

Tom Steyer © Getty images
Tom Steyer can be just as ruthless as the Koch brothers

Billionaires get frustrated with Washington, just like everybody else, says Businessweek. “The difference is that they can afford to do something about it.” Falling squarely into this new camp of activist tycoons is Tom Steyer, founder of the Californian hedge fund Farallon Capital Management, who has committed to using his considerable fortune “to fight climate-change deniers”.

Steyer’s mission isn’t sexy politically – even supporters concede that green [...]

MoneyWeek magazine

Latest issue:

Magazine cover
A new lease of life?

The drugs transforming old age

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

FREE REPORT:
What you should really do with your money (2014 Edition)


How to buy and sell penny shares

A beginner's guide to investing in gold

How to invest in British fracking