LOS ANGELES — Real estate mogul and billionaire Rick Caruso hired a high profile political consulting firm, in what was reported Wednesday to be a sign that he could be planning a run for mayor of Los Angeles.
What You Need To Know
- Caruso is the developer behind The Grove, Palisades Village and other shopping centers
- Caruso, who was born in Los Angeles, served as the president of the civilian police commission
- Caruso became caught up in the USC college-admissions scandal, as he was serving as the chair of the USC Board of Trustees at the time
- If Caruso enters the race, he'll join a field of high profile candidates, including Rep. Karen Bass, Councilmen Kevin de Leon and Joe Buscaino, City Attorney Mike Feuer, City Association of Los Angeles President and CEO Jessica Lall and businessman Mel Wilson
Caruso, the developer behind The Grove, Palisades Village and other shopping centers, hired Ace Smith and his firm Bearstar Strategies, Los Angeles magazine reported Wednesday. The firm worked as a consultant on Kamala Harris' campaign for U.S. Senate, Gavin Newsom's campaign for governor and Katie Porter's campaign for Congress, according to its website.
A spokesperson for Caruso told Los Angeles magazine he is "seriously considering a run for mayor."
"And as part of that consideration, he has worked with numerous people, including Bearstar Strategies, to analyze the situation and determine how best he can help solve L.A.'s mounting problems," the spokesperson said, according to Los Angeles magazine.
In a 2019 interview with Giselle Fernandez for "LA Stories" on Spectrum News 1, Caruso — who said his core drive is to make life better for others — talked about the idea of running for office.
“It’s not on my radar screen, yet. It is down the road,” he said at the time. “If I was fortunate enough to be elected, could I really make a difference or have politics gotten to the point that it makes it impossible? Then, I would say to myself better to just stay private [and] do the best I can.”
During the interview, Caruso said his priority would be to bring the city together.
“That is education. That is the quality of housing. It is a quality of neighborhoods, the safety, the parks, the support systems that we need. We have to give people hope that there is a fair path for success in their life. It's really basic things that I don't think we address because politically they’re tough to address,” he said.
On the topic of homelessness, Caruso told Fernandez, “We have people that are living on the streets in the worst conditions in the world.”
When asked about the bridge housing, Caruso said it was not working.
“We should be ashamed of ourselves having families live like that. This is a wealthy city by any definition maybe we should rethink how were spending our money and more money should go down in those neighborhoods and give those kids hope and then you start changing the cycle,” he told Fernandez.
When Fernandez asked him if he was ready to run, Caruso once again said, “I don’t know.”
“I am ready to help in any way I can,” he said in the 2019 interview.
Caruso, who was born in Los Angeles, served as the president of the civilian police commission after being appointed to the commission by Mayor James Hahn in August 2001, as well as on the Board of Water and Power Commissioners.
Caruso became caught up in the USC college-admissions scandal, as he was serving as the chair of the USC Board of Trustees at the time. Olivia Jade Giannulli, a USC student and social media influencer who was enrolled at USC and whose parents were charged in the scandal, was on Caruso's yacht when the news broke about the federal indictments. Giannulli was friends with Caruso's daughter, who also attended USC.
If Caruso enters the race, he'll join a field of high profile candidates, including Rep. Karen Bass, Councilmen Kevin de Leon and Joe Buscaino, City Attorney Mike Feuer, City Association of Los Angeles President and CEO Jessica Lall and businessman Mel Wilson.
The primary for the 2022 Los Angeles mayoral election will take place on June 7, with the top two finishers squaring off in the election on Nov. 8.