Billionaire Bill Ackman: If Mamdani’s goal is to make New York ‘financially solvent’ he shouldn’t ‘drive out the Ken Griffins of the world’

Billionaire Investor Warns NYC Mayor: Don't Drive Out Wealth-Creating Businesses. In a scathing rebuke, billionaire investor Bill Ackman has cautioned New York City Mayor Zohran Mamdani against policies that could potentially drive out successful entrepreneurs and businesses from the city. Ackman, known for his high-stakes investments, expressed concern that Mamdani's efforts to make New York "financially solvent" might inadvertently harm the very individuals who contribute to the city's economic growth. Specifically, Ackman referenced wealthy business leaders like Ken Griffin, who have invested heavily in the city and created jobs, warning that if Mamdani's policies continue, he risks pricing out the very people who help keep New York thriving.

Billionaire Bill Ackman: If Mamdani’s goal is to make New York ‘financially solvent’ he shouldn’t ‘drive out the Ken Griffins of the world’ Bill Ackman says New York City Mayor Zohran Mamdani risks ...