The socialist candidate of NYC mayor Mamdani gains the support of millionaires

Despite his socialist proposals, the New York town hall candidate, Zohran Mamdani, has several millionaires supporting his candidacy in the middle of his calls to tax the rich to finance large social programs.

James Hueston, a 27-year-old venture capital, is part of a group called the Mamdani millionaires in a Wall Street Journal play published Monday.

“In my eyes, I should absolutely pay for my just part for the people who need it,” a hunt on the newspaper told. “I don’t think it increases taxation for good. I think it does it to finance very explicitly good policies.”

The victory of the mayor of NYC in New York stimulates a fierce debate on the feasibility of the radical political agenda

The candidate for the Democrat mayor, Zohran Mamdani, speaks during a rally at the headquarters of the Council of Trades of the Hotel & Gaming in New York, on Wednesday July 2, 2025. (Richard Drew / AP Photo)

Voting data has shown that about a third of the richest residents in the city supported Mamdani in primary New York Post reported. Many donors, some of Wall Street and large law firms, have remained anonymous.

Other supporters of Mamdani, include Ahmed Haque, the founder and CEO of the council company Didactic Labs.

“For immigrants who come to this country, these small businesses represent the unique path for the ascending mobility they have,” he said.

Bradley Tusk, a venture capital that led Michael Bloomberg’s third campaign for the mayor of New York, wrote on LinkedIn that New Yorkers should “do what we can help him succeed”.

The socialist candidate for town hall Zohran Mamdani in fire for a plan to tax “richer and white districts”

The Democratic candidate for town hall Zohran Mamdani goes on stage during his main electoral party. Many rich New Yorkers have supported his candidacy. (Photo Heather Khalifa / AP)

In an Instagram article, Keith McNally, owner of Balthazar, a French restaurant, called Mamdani “Fantastic”.

“Even more, when my rich and paranoid friends tell me that Mamdani is dangerous,” he wrote.

Kathy Wylde, president of the partnership for New York, a large group of companies, told the newspaper that she had met Mandani in September, long before her candidacy was taken seriously.

“I am not in favor of the fact that the government resumes your business,” said Wylde.

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She added that “he has already recognized that the housing crisis will only be addressed if there is an increase in private supply. He therefore does not only speak of socialized or socialized housing solutions.”