Billionaire Rick Jackson Defeats Trump-Backed Jones in Georgia Runoff

Healthcare billionaire Rick Jackson won Georgia's Republican gubernatorial runoff, defeating Lieutenant Governor Burt Jones, who was endorsed by both Donald Trump and Governor Brian Kemp.

Jackson spent more than $100 million of his own fortune to overcome the Trump endorsement, proving an outsider can still topple the president's backing with enough cash.

The result marks another Georgia race where Trump's endorsement failed to secure victory.

The cost to overcome a Trump endorsement was estimated at $100 million.