KEY POINTS
  • Liberal billionaire and Democratic donor Tom Steyer is planning to visit the early caucus and primary states of Iowa, New Hampshire and Nevada as he mulls running for president.
  • The trips are part of his larger "5 Rights" tour and come after he spent $120 million backing Democrats in the 2018 congressional midterms.
  • Steyer already made his way to South Carolina, another historically early primary state for presidential hopefuls.
Anti-Trump Billionaire Tom Steyer hosts a town hall meeting on December 4, 2018 in Charleston, South Carolina. Steyer, founder of NextGen America and Need to Impeach, is testing the waters for a 2020 presidential run.

Billionaire Democrat Tom Steyer is planning to visit the early presidential caucus and primary states of Iowa, New Hampshire and Nevada as he considers running for president in 2020, CNBC has learned.

Steyer is among a large list of potential candidates for the Democratic Party's nomination in 2020. Massachusetts Sen. Elizabeth Warren threw her hat into the ring when she announced an exploratory committee on Monday. She is set to visit Iowa this weekend. Other possible candidates are expected to announce their plans over the next few weeks.