A Billionaire Trump Backer Is Desperate to Stop Zohran Mamdani
Billionaire Bill Ackman and his rich friends want someone, anyone, to bring down Zohran Mamdani. Their pitch: take our money, it won’t be much time and energy, and maybe you’ll get famous enough to use the campaign as a stepping stone to higher office.
Bill Ackman at the Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 6, 2025. (Patrick T. Fallon / AFP via Getty Images)
Gazillionaire Bill Ackman says that he is “gravely concerned” by the possibility of Zohran Mamdani getting elected mayor because rich people are going to flee New York and the city will become “economically unviable.”
Paul Krugman says this kind of talk is nothing more than “hysteria” from “the moguls of madness.”
I know Krugman only won the Nobel Prize in Economics while Ackman is a rich Trump supporter whose major achievement is getting the first black woman president of Harvard fired, but who are you going to believe?
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