Zokhran Mamdani: how much does the new mayor of New York earn?

5 november 2025 в 21:37
Zokhran Mamdani: how much does the new mayor of New York earn? Zokhran Mamdani: how much does the new mayor of New York earn?
Zohran Mamdani exceeded expectations in the 2025 New York City mayoral election. By connecting with young voters through social media and informal personal appearances, and advocating for his goal to make the Big Apple more affordable to live in, Mamdani was elected mayor of New York City. As he actively criticized wealthy politicians, voters are interested in how much Mamdani is worth and how much he currently earns.

According to Forbes, Mamdani currently pays $ 2,250 a month for rent in a stabilized apartment in Astoria, Queens, New York. It is unclear whether he will live in the mayor’s mansion overlooking the East River, but if he does, he will live there rent-free.

According to Forbes, Mamdani earned around $ 142,000 a year as a state assembly member. When he becomes mayor of New York City, it is expected that Mamdani will earn over $ 258,000 a year, according to Business Insider.

More than 20 years after he and his parents immigrated from Kampala, Uganda, to Cape Town, South Africa, and finally to New York, Mamdani still has assets in Africa. In 2012, he acquired four acres of land in Jinja, Uganda, bordering Lake Victoria, according to Forbes. The publication estimates the value of the land to be somewhere between $ 150,000 and $ 250,000 in a document he filed.

In a document he filed as a mayoral candidate, Mamdani stated that he acquired the land in Jinja in 2016 and that it remains undeveloped.

A person’s overall net worth includes the calculation of their assets. Mamdani’s known asset is the land in Jinja, but he does not own a home in the US, and he does not have a car. Instead, he uses the subway.

According to the American Association of University Professors at Columbia University, Mamdani’s father, Mahmud Mamdani, earns somewhere between $ 200,000 and $ 300,000 a year as a professor. Reportedly, both he and Mamdani’s mother, Mira Nair, still live in housing owned by Columbia University on the Upper West Side of Manhattan.

According to Forbes and StreetEasy, Mamdani’s parents had a three-bedroom apartment listed for sale for $ 6,000 in 2017, and Nair once owned an apartment in Chelsea, which she sold for $ 1.45 million in 2019
© Artemenko Olga

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