Democrat Party Billionaire Update: Tom Steyer struggles to find big-money donors

Politico reports:

Billionaire environmentalist Tom Steyer is falling far short on his pledge to raise $50 million in outside money to make climate change a midterm-election weapon against the GOP.

His super PAC, NextGen Climate Action, has raised just $1.2 million from other donors toward that goal, according to still-unreleased figures that his aides shared with POLITICO. And he appears to be struggling to woo wealthy allies in his effort to compete with big-money conservative donors — leading some supporters to question whether his fundraising goal is realistic.

Party of the super-rich update.