Billionaires Boost Cuomo's Fundraising Lead in NYC Mayor's Race [View all]
Source: Bloomberg
May 24, 2025 at 4:25 PM EDT
Former Governor Andrew Cuomo expanded his commanding fundraising lead in the New York City mayoral race with help from a few billionaire donors, according to newly published numbers filed with the city’s Campaign Finance Board.
Cuomo has accumulated $3.9 million since his entry into the race on March 1, as well as another $9.1 million from a pro-Cuomo political action committee called “Fix the City.” He’s also leading by significant margins in multiple polls, with four weeks remaining until the June 24 Democratic primary.
The mayoral race has become one of the most crowded in recent memory. Current Mayor Eric Adams’s weakness in polling, combined with ranked-choice voting and generous public matching funds has encouraged a diverse field of candidates to enter the race. At least nine Democrats with significant fundraising numbers are running in next month’s primary.
Between March 14 and May 19, the most recent filing period, Cuomo collected $2.4 million from nearly 3,000 donors. That’s around $2 million more than the second-biggest fundraiser in the period, City Council Speaker Adrienne Adams, who like Cuomo, entered the race in early March.
Read more: https://www.bloomberg.com/news/articles/2025-05-24/billionaires-boost-cuomo-s-fundraising-lead-in-nyc-mayor-s-race
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