Tom Steyer Left The Club!

Tom Steyer drops out the race.

The push is to defeat Donald J. Trump. This is what Tom Steyer wants to do and he said he will back the eventual nominee of the Democratic Party.

Tom Steyer, the famed billionaire has decided to exit the race after a poor showing in the South Carolina Democratic Primary. He banked a lot of money on this race being in his favor.

Steyer was set to announced on Saturday night in Columbia that he was dropping out of the White House race. After spending nearly $25 million on television advertising in the state, he finished behind Joe Biden and Sen. Bernie Sanders (I-VT) on Saturday.

Steyer rose to national prominence as a leading advocate to impeach Trump. He also wanted to get the candidates to talk about issues facing the climate (similar to Jay Inslee, governor of Washington).

Steyer, who has a net worth of $1.6 billion was hoping to capture Black voters. He even got the endorsement of former Cash Money Records rapper Juvenile.

In a video, Juvenile got Steyer and his wife, Kat Taylor to Back That Thang Up.

With 70 percent of the vote in, Steyer had just 11.5 percent of the vote — despite spending millions of dollars on campaigning there.

"There’s no question today that this campaign, we were disappointed with where we came out," Steyer told supporters in Columbia, South Carolina.

Juvenile endorsed Tom Steyer.

"But I said if I didn’t see a path to winning that I'd suspend my campaign, and honestly I can't see a path where I can win the presidency."

His exit came after he'd spent a total of $158 million on television and radio ads, according to Advertising Analytics. In South Carolina alone, Steyer had spent nearly $21 million as of Tuesday, the firm said.

Steyer had essentially put all of his efforts in recent weeks into South Carolina. He'd shown promise in recent polling in the Palmetto State and invested more time there than any of his competitors.

Steyer had initially opted against entering the presidential contest before reversing course and joining the large field in July. He spent exorbitant sums of his own money on the race, outpaced in the Democratic field by another late-entrant, former New York City Mayor Mike Bloomberg, the billionaire media mogul.

Steyer and fellow billionaire Bloomberg entered the race because they felt that Sanders and Sen. Elizabeth Warren's (D-MA) populist views and anti-billionaire rhetoric could turn off moderates and independents.