$22 million raised to block Zohran Mamdani - Meet 26 billionaires bankrolling his defeat - US News | The Financial Express

Billionaires Bankroll Zohran Mamdani's Defeat

Over $22 million has been raised to block Zohran Mamdani, with 26 billionaires contributing to his defeat.

New York State Assemblyman Zohran Mamdani remains a strong candidate 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."

According to Forbes, notable contributions include:

Author's summary: Billionaires spend millions to defeat Zohran Mamdani.

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The Financial Express The Financial Express — 2025-10-27

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