Billionaire’s $250K Donation to Pro-Mamdani Super PAC Sparks Debate on Wealth and Politics
Elizabeth Simons, daughter of the late billionaire hedge fund investor Jamie Simons, has donated $250,000 to the pro-Zohran Mamdani super PAC, New Yorkers for Lower Costs, making it the largest contribution to the group. The super PAC has already raised nearly $2 million from almost 300 donations. Simons, who is chairwoman of the Heising-Simons Foundation, is contributing to a campaign of a Democratic socialist, Mamdani, who has expressed that he does not believe billionaires should exist. Other super PACs have also been supporting campaigns of mayoral candidates, including Andrew Cuomo and Eric Adams.
John Q. Hosedrinker