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Billionaire developer Rick Caruso has decided not to run for mayor of Los Angeles, Eyewitness News has confirmed.
With just days before the deadline to file paperwork to formally run for Los Angeles mayor, the field of candidates remains in flux. The latest move in the race came Thursday with billionaire developer Rick Caruso revealing that he will not run for mayor.
"Rick is incredibly moved by the outpouring of support but reached an earlier decision in a thoughtful process and it stands. He will not be a candidate for mayor," Caruso's spokesperson said in a statement.to become the city's next mayor. It comes after the death of his 22-year-old daughter last month. Meanwhile, Mayor Karen Bass is denying a report from the Los Angeles Times that claims she ordered the watering down of an after-action report that detailed alleged failings of the Los Angeles Fire Department during the deadly Palisades Fire.Caruso had been reconsidering his decision not to run for political office following the Times' report on Bass, but on Thursday afternoon, he made it official that he will not join the race.Copyright © 2026 KABC Television, LLC. All rights reserved.
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