HomeLatestWho is Rick Caruso? Elon Musk Endorses Caruso for LA Mayor

Who is Rick Caruso? Elon Musk Endorses Caruso for LA Mayor

Rick Caruso is an American billionaire businessman who is now contesting the 2022 Los Angeles mayoral election. He is the founder and chief executive officer (CEO) of one of the largest privately held American real-estate companies, Caruso.

He is presently serving as chair of the board of trustees at the University of Southern California. He earlier served as president of the Los Angeles Police Commission.

Rick was earlier a member of the Grand Old party – The Republican Party who has changed his affiliation now to the Democratic Party. He gets support from none other than the world’s richest person, Elon Musk today in a tweet.

Elon Musk mentioned Caruso in his tweet today by writing, “Los Angeles is fortunate to have someone like Rick Caruso running for mayor. He’s awesome.”

Elon Musk endorses billionaire Rick Caruso for Los Angeles mayor

Elon further added, “It is rare for me to endorse political candidates. My political leanings are moderate, so neither fully Republican nor Democrat, which I am confident is the case for most Americans. Executive competence is super underrated in politics – we should care about that a lot more!”

Who is Rick Caruso?

We will cover everything you need to know about Rick Caruso in our article below. Keep reading!

Early life and education

Rick Joseph Caruso was born in the year 1959 in Los Angeles, America. His father was a businessman and his mother was a billboard model. Rick completed his Bachelor of Science degree in 1980 from the University of Southern California. He then enrolled for a J.D. degree from the Pepperdine University School of Law in 1983.

Entrepreneurial Journey

Caruso started his career as a real-estate lawyer in the corporate finance department at US law firm Finley Kumble. In 1990, he left his job to start developing retail and residential properties.

He founded the Caruso company which specializes in buying, developing, and managing properties in 1987.

His company has a big real estate portfolio like The Grove at Farmers Market (Los Angeles), the Americana at Brand (Glendale), The Commons (Calabasas), the Promenade (Westlake), 8500 Burton Way (Waterside Marina del Rey), and the Rosewood Miramar Beach (Santa Barbara) among others.

He delivered lectures on the issues plaguing the real estate sector at the Kennedy School of Public Administration at Harvard University, the USC Price School of Public Policy, and the Milken Institute Global Conference.

Public Service

When he was 26, Rick was appointed as a commissioner for the Los Angeles Department of Water and Power by Mayor Tom Bradley in 1985.

He was later appointed by Mayor James K. Hahn to the Los Angeles Board of Police Commissioners in 2001 and got elected as President.

Caruso was elected to serve as a member of the Los Angeles Coliseum Commission in 2008.

Los Angeles – Mayor Election

Caruso wanted to contest for the mayor of Los Angeles twice in the 2009 and 2013 elections but he did not run.

In 2019, he disclosed that he wants to contest the 2022 election when Caruso was chosen to help the US government in tackling Covid-19.

Personal life

Rick Caruso is married to Tina and the couple share four children together – Alex, Gregory, Justin, and Gianna. His family resides in the Brentwood section of Los Angeles.

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Archana Kabra
Archana Kabra is a Freelance Writer and has been extensively writing stuff related to Entertainment, Lifestyle, and Technology. She is also an ardent music lover. Twitter handle: @archana153sarda
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