"Bobby and Carola Jain are part of a new set of ultra-wealthy benefactors who made billions through the capitalist system but now espouse the joys of socialism from their ivory towers."
Posted on 06/23/2026 5:48:03 AM PDT by DFG
Nothing says “Eat the rich” like paying for the knives and forks.
A hedge fund billionaire and his art groupie wife are pumping millions into socialist think tanks positioned to help New York City Mayor Zohran Mamdani achieve his Democratic Socialists of America-backed “worker’s paradise.”
The pair are on a mission to punish landlords and railroad more New Yorkers into government housing, The Post has learned.
From their $20 million Upper East Side townhouse — and their 10-bedroom, nine-bathroom, 10,000-square-foot Hamptons McMansion — Bobby and Carola Jain write checks funding Mamdani-linked intelligentsia paid to create models of how far-left concepts like universal basic income (UBI) and a decommodification of the housing market would work.
It’s the kind of anti-capitalist thinking that has some economists throwing up their hands.
“It must be one of those cults where you have to show you’re a member by mouthing absurd ’emperor’s [new] clothes’ nonsense,” John Cochrane, an economist at Stanford University, told The Post.
Sixteenth-century Grand Duke of Tuscany “Cosimo I de’ Medici supported art because he worried about getting into heaven as a rich man. I wish our guilty billionaires would support great classical art instead of stupid social causes,” he added.
Whether motivated by guilt, social climbing or shrewd business acumen, the Jains join a growing list of ultra-wealthy benefactors — also including George Soros and Neville Singham — who made their billions through the capitalist system selling software or shorting markets, but now espouse the joys of socialism and sharing the wealth from their ivory towers.
Their patronage means they have so far avoided any surprise house calls from Mamdani, who is on a blitz against the rich and, in April, filmed a viral video outside the Billionaire’s Row home of investor Ken Griffin intended to shame wealthy folks.
(Excerpt) Read more at nypost.com ...
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"Bobby and Carola Jain are part of a new set of ultra-wealthy benefactors who made billions through the capitalist system but now espouse the joys of socialism from their ivory towers."
She has that upper crust inbred long face look. He is a foreigner.
Is that John Kerry’s sister? {;^)
She looks anorexic. He looks....well....what you’d expect... DEI pearls to swine. With the requisite “I’ve arrived” white biotch in tow.
She has the resting bitch face. Very punchable.
“Jain” is an Indian surname that acts as a community and religious identifier, predominantly carried by followers of Jainism, an ancient religion from the Indian subcontinent.
If she hadn’t hooked up with him, she’d be wheeling a tiny dog in a baby carriage in Central Park.
“A hedge fund billionaire and his art groupie wife are pumping millions into socialist think tanks positioned to help New York City Mayor Zohran Mamdani achieve his Democratic Socialists of America-backed “worker’s paradise.””
Hoping that they will be eaten last.....................
LOL!
These kind of people make me sick their virtue signaling is repugnant
Socialism is a two class society...................
Review
Just more leftist human debris with money...
From their $20 million Upper East Side townhouse Bobby and Carola Jain write checks funding Mamdani-linked intelligentsia . . . .
“There is living space for thirteen families in this one house!”
economictimes.com-—Bobby Jain, born of Indian parentage, a Wall Street veteran, launched Jain Global in July 2024 with $5.3 billion, marking a significant hedge fund debut. Despite high expectations and Jain’s impressive background, the fund’s initial performance has lagged behind industry giants Millennium and Citadel, with Jain’s returns of just 2.7% in the first year.
It is tedious to me when I hear someone say that socialism, as we know it today, has failed everywhere it is tried. Nothing could be further from the truth! It has succeeded everywhere it is tried...if you are part of the oligarchy.
The primary beneficiary of socialism (socialist policies) is the socialist politician (at the center of the oligarchy).
The secondary beneficiaries are the bureaucracies that support the policies (NGOs, contractors, companies, billionaires, etc.)
Tertiary beneficiaries are the supposed recipients of the policies.
The fundamental characteristic of a socialist politician is being a consummate liar.
“The Capitalists will sell us the rope with which we will hang them.”
― Vladimir Ilich Lenin
Note in the “pool picture how she is all hunched over so she looks less tall than her husband...it’s not working.
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