‘F**king Tell Everyone’: Billionaire Says He’s Done With Democratic Party, Kicks Swalwell Out Of Mansion

Left-wing billionaire Stephen Cloobeck shares that he kicked former California Democratic Rep. Eric Swalwell out of his mansion and left the Democratic Party following repeated allegations of sexual misconduct, according to an interview.

Cloobeck told the New York Post that he severed ties with Swalwell on Sunday, hours before Swalwell announced he would suspend his bid for California governor and a day before announcing he would resign his House seat. (RELATED: Woman Alleges Eric Swalwell Drugged, Raped Her in New Scandal)

“I no longer support Eric,” he told the Post. “Fuck it, tell everyone I’m a Libertarian. F-you, Democratic Party. I’m a Libertarian now.”

Cloobeck had spent more than $1 million on Swalwell’s application and told the Post he needed to talk to his lawyer about how to get reimbursed.

Swalwell had also filmed his Friday denial video inside Cloobeck’s $26 million Beverly Hills mansion, where he stayed with Cloobeck, his fiancée and many others, according to the Post.

In the video, Swalwell called the allegations “completely false,” adding that he had “certainly made errors of judgment” in his past, and asked for Californians’ continued support in the election from which he would soon withdraw.

Hear it straight from me. These allegations are completely false. And I will fight them. pic.twitter.com/bQSlCquD1U

– Rep. Eric Swalwell (@RepSwalwell) April 11, 2026

“I built a beautiful place, my dream house, I enjoy it and I’m a very generous man. I’m very caring and very kind,” Cloobeck laughed.

Cloobeck had referred to Swalwell as “little brother” only a week ago and had previously scoffed at mention of rumors that Swalwell may have been involved in sexual misconduct involving female staff members and interns, according to the Post.

“I don’t know where these facts are going to end up — you hear or read all of this,” Cloobeck said, adding that he will have to investigate whether Swalwell was telling the truth with him.

In addition to letting Swalwell frequently stay at his 9,700-square-foot mansion, Cloobeck had also offered Swalwell a $31,000 trip to France in 2024, the Post reported.

“I’m going to change my Democratic party affiliation, because I can’t stand this Democratic party at all,” Cloobeck told the Post, after saying he had spent “nearly 40 years” as a Democrat.

“I’m done. Finito,” Cloobeck said.