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Despite his socialist proposals, New York City mayoral candidate Zohran Mamdani has several millionaires backing his candidacy amid his calls to tax the wealthy to fund expansive social programs.
James Hueston, a 27-year-old venture capitalist, is part of a group called the Mamdani Millionaires in a Wall Street Journal piece published Monday.
“In my eyes, I should absolutely be paying my fair share for the people that need it,” Hueston told the newspaper. “I don’t think that he’s increasing taxation for the sake of it. I think that he’s doing it to fund very explicitly good policies.”
SOCIALIST’S NYC MAYORAL WIN SPARKS FIERCE DEBATE OVER FEASIBILITY OF RADICAL POLICY AGENDA
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 showed that about a third of the city’s wealthiest residents supported Mamdani in the primary, the New York Post reported. Many donors, some from Wall Street and large law firms, have remained anonymous.
Other high-earning supporters of Mamdani include Ahmed Haque, the founder and CEO of consulting firm Didactic Labs.
“For immigrants coming to this country, these small businesses represent the single path for upward mobility that they have,” he said.
Bradley Tusk, a venture capitalist who ran Michael Bloomberg’s third campaign for mayor of New York City, wrote on LinkedIn that New Yorkers should “do what we can to help him succeed.”
SOCIALIST MAYORAL CANDIDATE ZOHRAN MAMDANI UNDER FIRE FOR PLAN TO TAX ‘RICHER AND WHITER NEIGHBORHOODS’
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)
In an Instagram post, Keith McNally, owner of Balthazar, a French restaurant, called Mamdani “fantastic.”
“More so, when my affluent, paranoid friends…
