Socialist NYC mayor candidate Mamdani gains support from millionaires
New York City Mayoral Candidate Zohran Mamdani Gains Support from Millionaires
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Despite his socialist proposals, Zohran Mamdani, a candidate for mayor of New York City, has garnered support from several millionaires who back his calls to tax the wealthy to fund social programs.
One of these supporters is James Hueston, a 27-year-old venture capitalist, who is part of a group called the Mamdani Millionaires, as reported in a recent Wall Street Journal article. Hueston believes in paying his fair share to support policies that benefit those in need.
Democrat mayoral candidate Zohran Mamdani speaks during a rally at the Hotel & Gaming Trades Council headquarters in New York, Wednesday, July 2, 2025. (Richard Drew/AP Photo)
Voting data reveals that about a third of the city’s wealthiest residents supported Mamdani in the primary election, according to the New York Post. Many donors, including individuals from Wall Street and large law firms, have chosen to remain anonymous.
Another high-earning supporter is Ahmed Haque, the founder and CEO of consulting firm Didactic Labs, who believes that small businesses are crucial for immigrant communities to achieve upward mobility.
Bradley Tusk, a venture capitalist who managed Michael Bloomberg’s third mayoral campaign, expressed his support for Mamdani on LinkedIn, urging New Yorkers to assist in his success.
Democratic mayoral candidate Zohran Mamdani takes the stage at his primary election party. Many wealthy New Yorkers have backed his candidacy. (Heather Khalifa/AP Photo)
Keith McNally, owner of Balthazar restaurant, described Mamdani as “fantastic” in an Instagram post, dismissing claims from his affluent friends that Mamdani is dangerous.
Kathy Wylde, president of the Partnership for New York City, revealed that she had met with Mamdani in September, long before his candidacy gained traction. Mamdani assured her that he supports private sector solutions for the housing crisis.
Overall, Mamdani’s campaign has sparked a debate about the feasibility of his radical policy agenda, but his ability to attract support from millionaires indicates a growing interest in his platform.
