Zohran Mamdani’s net worth is modest by political standards, but every dollar is now under the microscope as he eyes a 2025 New York City mayoral run.
Mamdani currently serves in the New York State Assembly, where legislators earn a base salary of $142,000 per year. This makes up the bulk of his annual income. According to financial disclosures, he has few outside assets, and no known investments or properties that significantly raise his net worth.
What stands out is a niche income stream from his past: hip-hop. Mamdani previously performed as a rapper under the name “Mr. Cardamom.” He still receives small royalty checks about $1,267 annually, from past music projects. Though not substantial, it adds a quirky note to his financial profile.
Unlike high-profile politicians who’ve accumulated real estate, stocks, or consulting income, Mamdani’s filings suggest he’s relatively typical of a public servant living off salary alone. There are no known business holdings, side ventures, or large-scale financial interests.
His campaign war chest, however, is a different story. The Democratic Socialists of America-backed candidate has raised over $7 million for his mayoral campaign. While this does not count toward personal wealth, it reflects his national fundraising power, largely driven by small donors. It also signals potential influence and reach far beyond his modest net worth.
Based on current public records, Zohran Mamdani’s personal net worth is likely in the low-to-mid six figures, shaped almost entirely by his government salary, minor royalties, and standard retirement savings.
In a political landscape where millionaires dominate, Mamdani’s profile is rare: financially transparent, publicly funded, and largely self-contained.
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