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New York’s Billionaires Are Bending the Knee to Zohran Mamdani (theintercept.com)

submitted 1 week ago by BrikoX@lemmy.zip to c/usa@midwest.social

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After fighting his candidacy to the bitter end, New York City billionaires are already offering to help incoming Mayor Zohran Mamdani.

Archived version: https://archive.is/20251106225933/https://theintercept.com/2025/11/06/zohran-mamdani-wins-new-york-billionaires/

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[–] NoneOfUrBusiness@fedia.io 9 points 1 week ago (1 children)

I mean, hell, they can leave and it wouldn't affect the city one bit, because their wealth tied up in NYC businesses won't be going anywhere.

[–] tdawg@lemmy.world 5 points 1 week ago

Even if it did it would take years or even decades for them to migrate it all. The business would lose a ton of money on the move alone and would have to rehire nearly everyone who can't work remote. And that's assuming it's even possible to do it