Zohran Mamdani’s Historic Victory Shakes New York’s Elite, Billionaires Lose Political Power in 2025 Election
New York City, often hailed as the world’s financial capital, witnessed a political earthquake on 5 November 2025. In the race for the 36th District State Assembly seat, 33-year-old Social Democrat Zohran Mamdani not only secured re-election but also defeated his rival by an astonishing 30-point margin, setting a new benchmark in the city’s political…