Wave Wire Services
LOS ANGELES — Businessman and real-estate developer Rick Caruso, whose name has surfaced as a potential candidate for California governor and Los Angeles mayor, has decided not to seek any elected office at this time.
Caruso sought the Los Angeles mayor’s office in 2022, but lost to Karen Bass, sparking rumors of his potential plans to seek a rematch this year. He also has been considered a strong potential contender to fill the governor’s chair being vacated by Gavin Newsom.
In a statement Jan. 16, Caruso said he is “deeply grateful” to the people who have encouraged him to seek public office.
“Throughout these conversations, two questions have guided my thinking: where I can make the greatest impact, and how a possible campaign for public office would affect my family,” Caruso said. “After much reflection and many heartfelt conversations with my family, I have decided not to pursue elected office at this time. It is a difficult decision, and I am deeply disappointed to step back from an election I believe is so critical to California’s future.
“Though my name will not be on a ballot, my work continues,” Caruso added. “I am immensely proud of what we are accomplishing through Steadfast LA, supporting victims of the Palisades and Eaton fires, as well as through my company and family foundation’s efforts to strengthen communities in need.
“These experiences reflect how I approach every challenge: by listening, collaborating, and acting decisively to create lasting impact. I will carry that same commitment to the work ahead, building on the progress we’ve made together and tackling the challenges still before us.
“Public service does not require a title. It is, and always will be, my calling. I remain devoted to serving our communities in every way I can, just from a different seat,” he said.
