Business titans are plowing millions into Mayor Eric Adams' re-election campaign efforts
Briefly

Zohran Mamdani's primary win has alarmed business elites in New York, prompting them to back Mayor Eric Adams in the upcoming election. Billionaires like Bill Ackman have endorsed Adams, viewing him as a strong opponent to Mamdani. Fundraising efforts are ramping up, exemplified by Kenneth and Maria Fishel's event in the Hamptons, attended by influential business figures. This fundraiser aims to bolster Adams's campaign, with expectations of raising millions. Business leaders support Adams's policies, hoping to maintain a capitalist framework while resisting socialism.
"This is about keeping New York vibrant, keeping it free from socialism and keeping it safe," Kenneth Fishel told Fortune about his fundraiser.
"It was a great day," Todd Shapiro, publicist for the Adams campaign, told Fortune. "The mayor felt it was one of the best fundraisers he's had."
Read at Fortune
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