In a move that has left political observers stunned, billionaire developer Rick Caruso has definitively ruled out running for Los Angeles mayor or California governor, putting an end to months of speculation that gripped political circles. But here's where it gets intriguing: Caruso’s decision wasn’t driven by doubts about his chances of winning—it was a deeply personal choice rooted in family and quality of life. “Public service doesn’t require a title,” Caruso declared on X, emphasizing that his commitment to making a difference remains unwavering. “It is, and always will be, my calling.” This sentiment, however, raises a thought-provoking question: Can someone truly impact public life without holding office? Let’s dive in.
Caruso’s announcement on Friday came after what he described as “many heartfelt conversations” with his family, a reminder that even the most high-profile figures face personal dilemmas. Just weeks earlier, he had all but confirmed his political ambitions, telling a reporter on January 7 that the option of not running was “pretty much off the table now.” His sudden reversal has left many scratching their heads, especially given his substantial investments in past campaigns. In 2022, Caruso spent a staggering $100 million of his own fortune in a failed bid for L.A. mayor against Karen Bass, outspending her 11 to 1 but losing by nearly 10 percentage points. “I am deeply disappointed to step back from an election I believe is so critical to California’s future,” he admitted, a statement that underscores the weight of his decision.
And this is the part most people miss: Caruso’s absence from the ballot doesn’t mean he’s stepping away from public service. Instead, he’s doubling down on his nonprofit, Steadfast LA, which brings industry leaders together to aid fire recovery efforts. “I am immensely proud of what we are accomplishing,” he wrote, highlighting the organization’s work supporting victims of the Palisades and Eaton fires. This pivot raises another intriguing question: Is philanthropy a more effective avenue for change than politics? It’s a debate worth having.
Caruso’s decision has sent ripples through the political landscape, particularly in the 2026 L.A. mayoral race. Former Los Angeles Unified School District Superintendent Austin Beutner, who is running a moderate campaign, now faces less competition. Beutner’s critiques of Bass’s handling of the Palisades fire and quality of life issues mirror Caruso’s own arguments, making his path potentially smoother. Meanwhile, L.A. County Supervisor Lindsey Horvath remains a wildcard, with many urging her to enter the race. On the left, community organizer Rae Huang has already announced her candidacy, while former reality star Spencer Pratt, a Palisades fire victim, has added an unexpected twist to the race. Bass’s campaign, weakened by her handling of the fire, has remained silent on Caruso’s decision—a telling sign of the mayor’s vulnerability.
But here’s where it gets controversial: Had Caruso run for governor, his political past might have been a double-edged sword. A former Republican who registered as a Democrat in 2022, he faced questions about his party loyalty. Yet, his focus on public safety and quality of life could have resonated with voters disillusioned by the current gubernatorial candidates. No single candidate has dominated the field, and high-profile figures like Senator Alex Padilla and Attorney General Rob Bonta have opted out. The Democratic lineup includes heavyweights like Rep. Eric Swalwell, former Rep. Katie Porter, and former L.A. Mayor Antonio Villaraigosa, while billionaire Tom Steyer is also in the mix. On the Republican side, former Fox News commentator Steve Hilton and Riverside County Sheriff Chad Bianco are leading contenders. Caruso’s absence leaves a void that no candidate has yet filled.
Political consultants are divided on Caruso’s reasoning. Mike Murphy, who advised Caruso, admitted he was surprised, noting that polling showed promise in both races. “It was a family, quality of life thing,” Murphy explained. Tim Rosales, who works primarily with Republican candidates, was equally taken aback, having heard from donors that Caruso was gearing up for a gubernatorial run. “Running for California governor is one of the hardest things you can do in politics,” Rosales noted, “second only to running for president.” Rob Stutzman added that the list of those opting out this year is unusually long, including former Vice President Kamala Harris. “A lot of smart people have decided it may not be a good job,” he quipped.
Caruso’s legacy in public service is undeniable. As president of the L.A. Police Commission in the 2000s, he played a key role in hiring William Bratton as police chief. At just 26, he became the youngest commissioner in L.A. history when appointed to the Department of Water and Power board in 1984. Since his 2022 defeat, he’s been a vocal critic of Bass, honing his argument that voters should reject her incumbency. “Her record is so bad,” he declared at a November town hall. His decision not to run now solidifies the 2026 mayoral field, but it also leaves a lingering question: What could have been?
As we reflect on Caruso’s choice, it’s impossible not to wonder: Is politics the only way to drive meaningful change? Caruso’s focus on philanthropy suggests otherwise, but the debate is far from settled. What do you think? Is stepping away from the ballot box a step back, or a step forward in a different direction? Share your thoughts in the comments—let’s keep the conversation going.
