These Billionaires Have Already Spent $19 Million in a Bid to Defeat Mamdani

As the housing crisis and wealth inequality emerge as top issues for voters in New York City, mayoral hopeful Zohran Mamdani has called for higher taxes on the rich to pay for services and famously suggested that billionaires should not exist. Mamdani’s viral campaign handily defeated Andrew Cuomo, New York’s former governor, in a Democratic primary earlier this year. As expected, billionaires and billionaire-owned companies such as Airbnb and DoorDash are now spending big to defeat Mamdani and influence the race.

An analysis of new campaign finance filings by influence trackers at the nonprofit public interest research organization LittleSis found that multiple billionaires and their companies have funneled more than $19 million into political action committees (PACs) that support Cuom