The surprise success of Zohran Mamdani’s campaign has some business leaders backing his opponent—and directing their millions to his campaign.
Bill Ackman’s ‘hundreds of millions of dollars’ in NYC mayoral race goes to Eric Adams—‘ready to go to battle, guns blazing’ against Zohran Mamdani
July 3, 2025
A self-described democratic socialist could be NYC’s next mayor, and the ultrarich are in revolt: It’s a ‘hot commie summer’
BY MARCO QUIROZ-GUTIERREZ
June 28, 2025
Members of NYC's business community are forming an advisory group in an effort to guide the mayoral candidate if he wins the…
Daniel Loeb, the hedge fund manager, and some other New York City business leaders are aghast at Zohran Mamdani’s success in the…
Mayor’s entry comes as the city’s business community reacts harshly to democratic socialist’s primary success
Bill Ackman, Ronald Lauder, William Lauder, Barry Diller and Dan Loeb have all made large donations to stop Mamdani. So have…
Bill Ackman, one of Mamdani’s fiercest critics, was conciliatory: “If I can help NYC, just let me know what I can do.”
The Democratic nominee far outpaces former governor Andrew Cuomo and embattled incumbent Eric Adams
