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NYC’s Mamdani Says Billionaires Shouldn't Exist

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June 30, 2025

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Democratic mayoral candidate Zohran Mamdani said Sunday that billionaires shouldn’t exist, stepping up his rhetoric in a network television interview against the wealthiest and most powerful New Yorkers.

“I don’t think that we should have billionaires,” Mamdani said on NBC’s Meet the Press. “Because, frankly, it is so much money in a moment of such inequality, and ultimately what we need more of is equality across our city and across our state and across our country.”

Mamdani, who’s increasingly drawing national attention after a crushing victory in last week’s New York primary, stood by his critique of income inequality in the global financial capital. He defended his denunciations of Israeli policy, a traditional campaign topic in the city, including the war in Gaza. He declined to condemn the phrase “globalize the intifada,” which is offensive to many Jewish people.

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NYC’s Mamdani Says Billionaires Shouldn't Exist · Bloomberg News · Sentinel