Andrew Yang Campaign/Clara Lu Andrew Yang was one of the earliest candidates to announce a presidential bid for the 2020 election. In photos: Former presidential candidate Andrew Yang

Andrew Yang Campaign/Clara Lu Andrew Yang was one of the earliest candidates to announce a presidential bid for the 2020 election.

Andrew Yang suspended his political campaign Tuesday, February 11, ending the upstart run that vaulted him from complete obscurity to a Democratic contender.

"While there is great work left to be done, you know I am the math guy, and it is clear tonight from the numbers that we are not going to win this race," he told a crowd in Manchester, New Hampshire.

Yang, a businessman from New York, launched his presidential campaign in November 2017. One of his campaign priorities was to institute a universal basic income for all American adults: $1,000 per month, or $12,000 per year.

He leaves the race with a level of power in Democratic politics that no one would have expected when he entered the contest. Members of the eponymous Yang Gang — colorfully known as Yangsters — are devoted to the businessman, meaning his next moves will be closely watched.