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The Joe Rogan ExperienceThe Joe Rogan Experience

Joe Rogan Experience #2268 - Rick Caruso

Rick Caruso is a businessman, civic leader, and philanthropist. He is the owner and executive chairman of Caruso, one of the largest privately held real estate companies in the world, and founder of Steadfast LA: a nonprofit focused on private-sector involvement in rebuilding wildfire-affected communities. http://www.steadfastla.com This episode is brought to you by AG1. Take ownership of your health with AG1 and get a FREE bottle of Vitamin D3+K2 AND 5 free Travel Packs with your first subscription. Go to http://drinkag1.com/joerogan Don’t miss out on all the action this week at DraftKings! Download the DraftKings app today! Sign-up using http://dkng.co/rogan or through my promo code ROGAN. GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit http://gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit http://ccpg.org (CT) or visit http://www.mdgamblinghelp.org (MD).21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: http://dkng.co/dk-offer-terms. Ends 2/9/25 at 11:59 PM ET. Sponsored by DK.

Rick CarusoguestJoe Roganhost
Feb 5, 20251h 48mWatch on YouTube ↗

CHAPTERS

  1. 0:00 – 1:23

    LA’s decline and why Caruso ran for mayor

    Joe and Rick set the tone by framing Los Angeles as a city in crisis but still worth fighting for. Caruso explains that his campaign was motivated by a desire to give back to the city that enabled his family’s immigrant success, not by political ambition.

  2. 1:23 – 4:20

    What a mayor can actually do: leadership vs. career politics

    Caruso argues that the mayor’s formal power is less important than the ability to lead decisively and set priorities. He contrasts results-driven governance with the incentives of career politicians who focus on reelection and protecting the system.

  3. 4:20 – 6:51

    His family story and the ‘closed loop’ political machine

    Caruso shares his immigrant family history and ties it to his sense of obligation to LA. He also recounts how national Democratic figures rallied against him, framing it as proof that LA’s political system resists outsiders.

  4. 6:51 – 8:07

    Ad break: AG1

    A brief sponsor read promoting AG1 as an easy daily health habit, including a subscription offer with free vitamin D3/K2 and travel packs.

  5. 8:07 – 12:10

    Homelessness: cost overruns, wrong incentives, and fast housing ideas

    The conversation pivots to homelessness as LA’s primary crisis, with emphasis on spending without outcomes. Caruso cites dramatic per-unit housing costs under city programs and proposes rapid-build alternatives using modular production.

  6. 12:10 – 15:03

    Enforcement + treatment: scaling nonprofits that already work

    Caruso argues homelessness can’t be solved by government alone and pushes for partnering with effective street-level nonprofits. They discuss combining law enforcement against open drug markets with structured treatment, housing, and services delivered by proven organizations.

  7. 15:03 – 19:37

    Skid Row history and the moral cost of containment

    Rogan recounts his first exposure to Skid Row and how the city historically concentrated homelessness into one district rather than solving it. They connect the approach to neighborhood decay, business collapse, and catastrophic safety issues like fires in derelict buildings.

  8. 19:37 – 26:26

    Wildfires and infrastructure failure: empty reservoirs, dry hydrants, absent leadership

    The discussion shifts to the LA fires, focusing on preparedness failures and the shocking reality of hydrants running dry. Caruso describes evacuating, losing his daughter’s home, and publicly challenging media attempts to downplay the water shortage.

  9. 26:26 – 29:47

    Water policy, DWP politicization, and the need for accountability

    Caruso explains the official rationale for the empty reservoir (repairing a cover) and argues that emergency realities should override normal bureaucracy. He broadens this into a critique of politicized leadership at DWP and calls for resignations/firings when failures cost lives and homes.

  10. 29:47 – 48:03

    Ad break: DraftKings / UFC 312

    A sponsor segment promoting DraftKings Sportsbook tied to UFC 312 and the ‘big game,’ including a new-customer bonus bet offer and responsible gaming disclaimer.

  11. 48:03 – 55:33

    Law and order: DA incentives, no-cash-bail fears, and rebuilding trust in policing

    Rogan and Caruso discuss crime, repeat offenders, and public frustration with arrest-and-release practices. They credit recent changes (repeal of the <$900 theft loophole and replacing DA Gascón) while debating motivations and emphasizing public safety plus rehabilitation.

  12. 55:33 – 1:09:41

    Opportunity, families, and fixing Skid Row by investing in proven community institutions

    Caruso highlights working-class neighborhoods and families as the people most harmed by homelessness, crime, and taxation. He describes Para Los Niños as a model of hope in Skid Row and argues that the city should ‘supercharge’ effective schools and service providers while building housing on vacant parcels.

  13. 1:09:41 – 1:20:17

    Rebuilding after the fires: underground power lines, incentives, and a private ‘blueprint’ push

    Caruso outlines a new foundation to drive solutions, speed rebuilding, and hold government accountable even as a private citizen. They discuss infrastructure upgrades (undergrounding lines, modernizing mains), financing options, and resisting ‘reimagining’ neighborhoods through mandates during recovery.

  14. 1:20:17 – 1:29:40

    Cutting red tape, lowering taxes, and modernizing water & energy (desal + nuclear)

    The closing stretch focuses on California’s business climate—overregulation, high taxes, and mismanagement—and how that drives the exodus of people and companies. They also explore long-term infrastructure solutions like desalination, water recycling, better storm capture, and expanding nuclear/clean power generation.

  15. 1:29:40 – 1:48:14

    Personal tangent and wrap-up: ice baths, saunas, and Caruso’s future in public service

    They detour into lifestyle routines—cold plunges, infrared and dry saunas—and the theme of ‘voluntary adversity’ as a driver of resilience. Caruso then returns to purpose, saying he wants to do the most good (potentially in future offices) but is currently focused on rebuilding LA after the fires.

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