Billionaires Funding Opposition to Zohran Mamdani
A significant amount of $22 million has been raised to block Zohran Mamdani, with 26 billionaires contributing to his defeat.
Zohran Mamdani, a New York State Assemblyman and Democratic nominee, remains a strong contender in the New York City mayoral race, despite opposition from American elites.
“Billionaires like Bill Ackman and Ronald Lauder have poured millions of dollars into this race because they say we pose an existential threat,” Mamdani told supporters. “I am here to admit something, they are right.”
- Michael Bloomberg, Bill Ackman, and Richard Kurtz are among the billionaires opposing Mamdani.
- Bill Ackman has spent around $1.75 million to support groups working against Mamdani.
- Ronald Lauder has contributed around $750,000 to the opposition.
Author's summary: Billionaires pour millions into campaigns to defeat Zohran Mamdani.
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