Billionaires Spend Millions to Defeat Zohran Mamdani
More than $22 million has been raised to block Zohran Mamdani, with 26 billionaires bankrolling his defeat.
New York State Assemblyman Zohran Mamdani is still ahead in the race for New York City mayor, despite strong opposition from American elites.
- Michael Bloomberg
- Bill Ackman
- Richard Kurtz
"Billionaires like Bill Ackman and Ronald Lauder have poured millions of dollars into this race because they say we pose an existential threat,"
According to Forbes, Bill Ackman has spent around $1.75 million, while Ronald Lauder has spent around $750,000 to support groups working against Mamdani.
Author's summary: Billionaires spend millions to defeat Mamdani.