Billionaire hedge fund manager Bill Ackman is throwing his support behind Mayor Eric Adams’ uphill independent reelection effort and urging former Gov. Andrew Cuomo to step aside so Hizzoner can have a better shot at besting Democratic nominee Zohran Mamdani.
Ackman, who donated $500,000 to Cuomo’s failed Democratic primary campaign, revealed in a lengthy Wednesday night social media post that he believes the current mayor is best positioned to overcome Mamdani — a democratic socialist Assembly member whom Ackman seems desperate to stop.
