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Bill Ackman Reportedly Donates $1 Million To Super PAC Opposing Zohran Mamdani’s NYC Mayoral Run - JPMorgan Chase (NYSE:JPM)

Ackman is the largest donor to Defend NYC super PAC, which raised $1.32 million to oppose Mamdani as a radical socialist and inexperienced candidate, officials said.

Summary by Benzinga
Bill Ackman, a billionaire hedge fund investor and an ally of President Donald Trump, has reportedly made a significant donation to a super PAC opposing the mayoral campaign of Zohran Mamdani, a Democratic socialist.  Ackman Is The Largest Donor Ackman has contributed $1 million to Defend NYC, a super PAC that is actively working against Mamdani’s mayoral campaign, reported Politico on Wednesday. The super PAC Defend NYC, founded by former Trump…
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Bloomberg broke the news in United States on Wednesday, October 15, 2025.
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