New York, June 30 (V7N) — Zohran Mamdani, the Democratic primary winner for New York City mayor, made headlines during an interview on NBC News’ Meet the Press on June 29 by stating that he does not believe billionaires should exist.
 
When asked directly whether billionaires “have a right to exist,” Mamdani, who identifies as a democratic socialist, responded firmly, “I don’t think we should have billionaires because frankly it is so much money in a moment of such inequality.”
 
Mamdani’s comments come in the wake of his surprising victory in the Democratic primary, where he defeated former New York Governor Andrew Cuomo—a result that shocked many political observers. The young political upstart campaigned on a bold and transformative vision aimed at reshaping New York City, a global center often seen as the hub of immense wealth and influence.
 
Advocating for economic justice and addressing widening social disparities, Mamdani has positioned himself as a voice for the city’s marginalized communities. His stance on billionaires reflects a broader critique of extreme wealth concentration and calls for policies that prioritize equity and inclusion.
 
As Mamdani prepares for the general election, his progressive platform and outspoken views on wealth inequality are likely to spark vigorous debate among New Yorkers and beyond about the future direction of one of the world’s largest and most influential cities.
 
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