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Millionaire investor joins Virginia governor contest

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Posted at 9:52 AM, Jan 27, 2021

RICHMOND, Va. -- A former executive of a global investment firm has announced he will join Virginia’s race for governor.

Former Carlyle Group co-CEO Glenn Youngkin said Tuesday in a video that he's running as a conservative.

Youngkin emphasized his modest roots, recalling a time as a child when his father lost his job, rather than his leadership of a company with $230 billion in assets or his personal wealth estimated at $265 million.

He's casting himself as a political outsider who worked his way up.

Youngkin joins a wide field.

The governor's race now has five Republicans and five Democrats in contention.