New York socialists against billionaires get money from hedge funds

Heirs of a billionaire hedge fund manager’s wealth have donated to a super PAC that is consistent with the socialist New York City mayoral candidate Zohran Mamdanithe candidate said he did not think billionaires should exist.

Among the biggest contributions of this cycle, Mamdani-new Yorks’ lower costs are consistent with PAC’s lower costs, recently earning $250,000 from philanthropist Elizabeth Simons New York Post reports.

Simons is the daughter of late billionaire hedge fund manager Jamie Simons, who founded the extremely successful hedge fund Renaissance technology, built $31.4 billion worth of personal wealth throughout his life and used billions of dollars in money as a charity.

“I don’t think we should have billionaires because frankly, it’s such an inequality moment and ultimately, we need more equality across the city, our state and our country and our country,” Mamdani Tell NBC News In June.

Meet with a radical consulting circle of Mamdani, including communist activists and anti-Israel advocates

News of support from Mamdani billionaire has sparked criticism from social media, including Mamdani’s rival, the former New York State government. Andrew Cuomo.

“congratulations, @zohrankmamdani completed the hypocritical Holy Trinity: Eat the Rich → Cash their pac checks,” cuomo Posted on X. “Frozen the rent → the wealthy in affordable housing you don’t need. Go to police around the world → from campaign trails to Uganda.

Fox News Digital has been in contact with the Mamdani campaign and New Yorkers at a lower cost PAC, which operates independently from the event, asking whether the funds will be refunded or condemned, but has received no response from either party.

Meet the former Soros Foundation executives link the Obama world to the Mamdani movement

Beverly Hills, CA – May 4: Elizabeth Simons, chairman of the board of directors of the Heising-Simons Foundation, held at the 2016 Milken College Global Conference on May 4, 2016 in Beverly Hills, CA. (Getty Image)

Railings targeting billionaires have been common during Mamdani’s campaign as he tries to position himself as a candidate who provides affordability and living costs to the working class in New York City.

“We want to reach New Yorkers who are ignored by institutional politicians and overwhelmed by the billionaire class,” Posted on X In March. “Our grassroots dynamics will enable us to cross the finish line in June.”

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New York City Democratic mayoral candidate Zohran Mamdani announced his “Five boroughs against Trump” tour Friday in New York City in Queens. (Deirdre Heaveny/Fox News Numbers)

Mamdani also criticized Cuomo for making money from billionaires, Posted on x In June, “We live in the most expensive city in the United States. Cuomo’s billionaire donors want that. But we have an agenda to make life affordable.”