For someone leading the race to become New York City’s next mayor, Zohran Mamdani isn’t sitting on much wealth. According to Forbes, the 34-year-old state assembly member, known for his socialist politics, has an estimated net worth of around $200,000 ( ₹1.71 crore) as of 2025. That’s nowhere close to his opponent, Andrew Cuomo, whose fortune Forbes puts at about $10 million.

Zohran Mamdani’s net worth

Most of Mamdani’s declared assets come from Uganda . He was born in Kampala, the capital of Uganda, in 1991. In financial disclosures filed last year, he listed four acres of land in Jinja, an area on the banks of Lake Victoria, not far from the source of the Nile River. He valued the land between $150,000 and $250,000.

However, there’s still some confusion over when he actually acqui

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