LOS ANGELES—Billionaire real estate mogul Rick Caruso officially entered the LA mayoral race on Friday, hours before the city clerk’s declaration of intent deadline on Feb. 12. Caruso, 63, was joined by longtime political advisor Peter Ragone on Friday afternoon at the election office. Ragone has a long history of advising influential Democratic candidates nationwide—including Gov. Gavin Newsom in 2004 and presidential candidate Al Gore in 2001. Ragone confirmed to The Epoch Times the campaign is made up of a handful of close advisors to Caruso, but he expects it to grow as the campaign is officiated and gets off the ground. Caruso told reporters Friday he’s excited to join the race and that it’s “very meaningful” to him and his family. “I’m excited to be here,” he said. “We’re gonna have more to talk about next week. I look forward to spending more time with you and have a …