By Eliyahu Kamisher, Bloomberg
California Governor Gavin Newsom is betting his political future on a controversial ballot measure that would redraw the state’s congressional maps to favor Democrats. A coalition of super wealthy and working people is giving him a big financial advantage.
Over the past 11 weeks, Newsom and his allies brought in more than $120 million for Proposition 50, about three times the total raised by the proposal’s opponents. The governor’s backers include billionaires George Soros, Michael Moritz and Reed Hastings, as well as the state’s influential nurses, teachers and public employee unions and an army of small donors.
A flood of contributions “broke the seal” and helped dispel initial concerns over donor fatigue after Kamala Harris’ 2024 presidential loss and w

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