Billionaires are spending big to stop Zohran Mamdani's NYC mayoral bid

In the New York City mayoral race, Andrew Cuomo's pro-Cuomo committee, Fix the City, has raised over forty million dollars from influential billionaires and family dynasties, including Bill Ackman, Ronald and William Lauder, Barry Diller, Dan Loeb, Steve Wynn, and Alice Walton. Despite Mamdani's lead in polls with his ambitious platform, the influx of wealthy donors has become a campaign issue, with Mamdani using it to his advantage and pro-Cuomo supporters worrying about potential backlash. As Election Day approaches, the race is heating up with high-stakes donors on both sides.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.