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Zohran Mamdani, a young progressive candidate, made headlines recently after his primary win in the mayoral race for NY. The Indian-American assemblyman secured the Democratic nomination after a remarkable political upset.
Zohran Mamdani, a democratic socialist, proclaimed victory in the party's primary on Tuesday, overcoming his opponent and political veteran Andrew Cuomo. The latter was the former state governor.
The 33-year-old political figure hails from a privileged background, with his mother being a renowned film director and his father being an academic and author. As per a Forbes report, Zohran Mamdani's estimated net worth is $200,000 in 2025.
Zohran Mamdani’s net worth and more details explored
Zohran does not possess a car and resides in a rented apartment. A few acres of property in his home country of Uganda, which he bought at least ten years ago, was the only significant asset that the assemblyman disclosed in his financial report. Andrew Cuomo, his opponent, has an estimated wealth of roughly $10 million, as reported by Forbes, while Mamdani's assessed net worth hovers around $200,000.
The capital of Uganda, Kampala, is the place of Zohran Mamdani's birth in 1991. When Mamdani was seven years old, his family relocated to New York City. His father, Mahmood Mamdani, took an academic position at Columbia University.
The younger Mamdani went to Bank Street, an exclusive Manhattan institution that charges as much as $66,000 per year for elementary schoolers.
Later, he attended Bowdoin College in Maine to study Africana Studies. For those unaware, Reed Hastings of Netflix and Ken Chenault of American Express are both alumni of this private liberal arts institution.
After finishing high school in 2014, he worked as a set designer for his mom. In his young age, Mamdani also experimented in rap under stage names like Young Cardamom and Mr. Cardamom. He even released his single Nani, featuring Madhur Jaffrey, an actress and cookbook author. He also worked as a community organizer.
Mamdani obtained US citizenship in 2018. The next year, Zohran defeated a five-term incumbent to become the state assemblyman. The position paid him around $142,000 per year.
As per reports, Zohran Mamdani presently takes the train to his debate appearances from his $2,250/month rent-stabilized Astoria flat; he does not possess a car.
Even though he has been a permanent resident of the United States for 25 years, the majority of Mamdani's wealth remains in the East African nation. The financial statements he submitted in 2023 as a state assemblyman indicated that he bought four acres of land in Jinja, an area of Uganda bordering Lake Victoria, in 2012. He estimated a range of $150,000 to $250,000 for the property.
According to the statement he submitted earlier this year while running for mayor, he bought the property in 2016 and has done nothing to develop it since then.
Given that NYC does not mandate candidates to disclose cash accounts, Zohran’s net worth may be an understatement.
More about Zohran Mamdani’s parents
Zohran Mamdani's father, Mahmood Mamdani, who has written at least seven books, is currently a professor at Columbia University. Mahmood specializes in colonialism and conflicts in Africa. Based on data for Columbia from the American Association of University Professors, Forbes reports that Zohran’s father likely makes somewhere between $200,000 and $300,000 a year.
Zohran Mamdani’s mother, Mira Nair, is also an esteemed filmmaker. Mira is a Harvard-educated, award-winning director with works like Mississippi Masala, The Namesake, Salaam Bombay!, Vanity Fair, Amelia, and more.
Mamdani’s parents presently live in Columbia-owned housing on the Upper West Side. The couple’s house, a three-bedroom apartment, was listed for $6,000 rent in 2017, per StreetEasy.
Earlier, Mira Nair owned a condo in Chelsea, which she reportedly sold for around $1.45 million in 2019.
If elected, Zohran will be New York City’s inaugural Muslim and Indian-American mayor. Additionally, Zohran may become the youngest NYC mayor at the age of 34, after Hugh John Grant in 1889.
Read more: Who is Zohran Mamdani’s wife Rama Duwaji? All about the Syrian artist married to New York Mayor
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