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NYC Mayor-Elect Mamdani Raises $3M Amid Billionaire Backing

12/7/2025

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Summary

Story summary

Zohran Mamdani, the New York City mayor-elect, has raised over $3 million from nearly 30,000 donors in 30 days.
The transition team aims for $4 million, with funds for staff salaries and office operations.
Despite his anti-billionaire rhetoric, Mamdani has drawn donors, including a cryptocurrency billionaire and a Hunt oil heiress.
The transition team, co-chaired by women, is preparing a staff overhaul before the inauguration on January 1, 2026.

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Story summary

Zohran Mamdani, the New York City mayor-elect, has raised over $3 million from nearly 30,000 donors in 30 days.
The transition team aims for $4 million, with funds for staff salaries and office operations.
Despite his anti-billionaire rhetoric, Mamdani has drawn donors, including a cryptocurrency billionaire and a Hunt oil heiress.
The transition team, co-chaired by women, is preparing a staff overhaul before the inauguration on January 1, 2026.