US Billionaires Spend $22 Million to Defeat Zohran Mamdani
Billionaires have invested over $22 million in campaigns to defeat Democratic nominee Zohran Mamdani in the New York City mayoral race.
Despite strong opposition, New York State Assemblyman Zohran Mamdani remains a strong contender, ahead of Andrew Cuomo and Curtis Sliwa.
Key Opponents
- Michael Bloomberg
- Bill Ackman
- Richard Kurtz
- Ronald Lauder
“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.”
Notable contributions include Bill Ackman's $1.75 million and Ronald Lauder's $750,000 to support groups opposing Mamdani.
Author's summary: Billionaires spend millions to defeat Zohran Mamdani.
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