Summary
Zohran Mamdani, the newly elected Mayor of New York City, has been in the news for discussing his financial situation. Despite his privileged background and campaign focus on social equity, Mamdani's disclosed net worth is relatively modest. He revealed having $2,000 in his bank account and some assets in Uganda, contrasting with higher value properties owned by his parents.
Key Facts
- Zohran Mamdani is taking office as the Mayor of New York City.
- His financial disclosure shows $2,000 in his bank account.
- Mamdani previously earned $131,000 yearly as a state lawmaker.
- He owns land in Uganda worth between $150,000 and $250,000.
- His parents are wealthy; his mother is an Oscar-nominated filmmaker, and his father is a Columbia University professor.
- Mamdani's net worth is estimated at $200,000.
- He will earn a salary of $258,750 as mayor.
- Mamdani does not own a car and lives in a rent-stabilized apartment.
