Billionaire Alex Soros, the son of billionaire philanthropist George Soros, has publicly endorsed Socialist New York City mayoral candidate Zohran Mamdani in the 2025 mayoral race, a move that highlights the influence of the Soros family in New York politics. The Open Society Foundations, which Soros now leads, have historically supported progressive causes, and their financial backing has played a significant role in Mamdani’s campaign. Despite the endorsement, Mamdani faces a formidable challenge from former Democratic Governor Andrew Cuomo, who is running as an independent, and Republican candidate Curtis Sliwa.
Alex Soros’ support for Mamdani is not unexpected, as the Open Society Foundations have reportedly contributed $37 million to left-wing groups promoting Mamdani’s candidacy over the past decade. This level of financial support is part of a broader strategy to influence local and national politics through grassroots organizing and campaign financing. The endorsement comes as President Donald Trump continues to criticize the Soros family, accusing them of undermining American values and funding left-wing candidates. Trump’s rhetoric has intensified in recent months, with comments on Truth Social labeling Mamdani a ‘communist’
The 2025 election cycle includes several high-profile races, including the New York City mayoral race, the New Jersey gubernatorial race, and the Virginia gubernatorial race. Additionally, a special election in California is set to determine whether the state’s congressional districts will be redrawn. These races reflect a broader trend of progressive candidates gaining traction in key states, a development that has alarmed some conservative politicians and media outlets. The political landscape is shifting, with the potential for significant changes in local and state governance.
Despite the attention, the Open Society Foundations have yet to respond to Fox News Digital’s request for comment on Alex Soros’ endorsement of Mamdani. The lack of immediate response from the foundation may indicate a preference for maintaining their public stance without further engagement. As the election approaches, the influence of wealth and philanthropy in politics remains a contentious issue, with debates over the role of private money in shaping public policy and democratic processes.