Zohran Mamdani's win rattles Wall Street mogul: Bill Ackman's stunning pledge to crush NY's likely new mayor

Zohran Mamdani is set to become the Democratic nominee in New York City's upcoming mayoral election. But his win has rattled Wall Street moguls with the billionaire investor Bill Ackman pledging hundreds of millions of dollars to defeat him. Mamdani's victory in the Democratic Party primary over former governor Andrew Cuomo was a significant political upset.