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Billionaire Chris Larsen Backs Dual Gubernatorial Candidates in California

12/18/2025

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Story summary
  • Chris Larsen, billionaire co-founder of Ripple, backs both Katie Porter and Steve Hilton in California's gubernatorial race.
  • Larsen donated $39,200 to Porter and plans to match that amount for Hilton.
  • He says both candidates address California's business climate and regulatory issues.
  • Larsen has backed candidates across party lines, reflecting a focus on practical solutions.
  • Porter's campaign did not respond to inquiries regarding Larsen's dual support.