Billionaire Pledges To Bankroll Any NYC Mayoral Candidate Who Can Beat Zohran Mamdani

Daily Wire ^ | 06/26/2025 | Nathan Gay

[DFG]

Billionaire investor Bill Ackman vowed on Wednesday to provide “hundreds of millions of dollars” to back any viable challenger against Democratic socialist Zohran Mamdani in New York City’s mayoral race.

Mamdani defeated former Governor Andrew Cuomo in New York City’s Democratic primary on Tuesday and will compete against incumbent Mayor Eric Adams (running as an independent this cycle) and Republican nominee Curtis Sliwa in the November general election.

Ackman, founder and chief executive of hedge fund manager Pershing Square Capital, wrote a lengthy post on X to express his alarm at Mamdani’s victory.

“I awoke this morning gravely concerned about New York City,” Ackman wrote. “I thought ‘What has NYC become that an avowed socialist who has supported defunding the police, whose solution to lowering food prices is city-owned supermarkets, who doesn’t understand that freezing rents will only make apartments scarcer and more expensive in the long run.'”

The billionaire investor compared a potential Mamdani-led New York to “another failed major city run by Democrats alongside Seattle, Chicago, LA, and SF,” quoting Senator John Fetterman’s (D-PA) assessment that Mamdani’s victory represented “Christmas in July for the GOP.”

“A mayor who disrespects the NYPD and has called for their defunding will get less effective policing, and Bratton’s ‘broken window theory’ will operate in reverse,” Ackman wrote, warning that New York City would become “much more dangerous and economically unviable” under Mamdani’s administration.

Ackman assured potential candidates that funding would be instantly available, stating, “there are hundreds of million of dollars of capital available to back a competitor to Mamdani that can be put together overnight,” and adding that he is “in the text strings and the WhatsApp groups” organizing the effort.

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TOPICS: Politics
KEYWORDS: ackman; billackman; curtissliwa; johnfetterman; kathyhochul; newyorkcity; nyc; pennsylvania; zohranmamdani

[Fledermaus]

Probably

[Savage Beast]

Sorry, Bill. Too little too late.

[Texas Eagle]

Or margaritas 🍹 😋

[T Ruth]

1. Campaign finance laws don't apply to NYC mayoral elections?

2. Maybe after Mamdani gets elected, the reaction will result in Hochul being defeated and a Republican winning the governorship in 2026.

3. Americans from all over the country should insist that no federal monies bail out NYC.

[ridesthemiles]

MOVE WALL STREET TO TEXAS.

SEE HOW THE MUSLIM DEALS WITH THAT LOSS.

[Jamestown1630]

I honestly don’t see how someone calling for ‘globalizing the intifada’ gets elected in NYC. But even a lot of liberal American Jews seem to have lost their minds.

I hope people wake up and see what a shallow lightweight this tyro is.

[Does so]

There’s a bill afoot in Congress to deport him...

[Chickensoup]

Stupid

[griswold3]

Bill should spend his money on moving to Miami. A new Wall Street South would demonstrate to the radicals there are alternatives to their schemes. They can only go so far then they must use force.

[dfwgator]

Word is they are planning to move a lot of the Wall Street operations to Dallas.