NEW YORk – Billionaire investor Bill Ackman appeared to accept defeat Tuesday night and extended an olive branch to Mayor-elect Zohran Mamdani, posting a congratulatory message on X following Mamdani’s surprise victory in the New York City mayoral race.
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“@ZohranKMamdani, congrats on the win,” Ackman wrote. “Now you have a big responsibility. If I can help NYC, just let me know what I can do.”
.@ZohranKMamdani, congrats on the win. Now you have a big responsibility. If I can help NYC, just let me know what I can do.
— Bill Ackman (@BillAckman) November 5, 2025
Ackman, who had publicly supported Andrew Cuomo’s independent bid, had been one of Mamdani’s fiercest critics during the campaign, warning that the Democratic Socialist’s policies could harm the city’s economy. His conciliatory tone Tuesday marked a notable shift.
The hedge fund manager’s post quickly drew thousands of reactions, with some praising his graciousness and others accusing him of trying to align himself with the new administration after backing Cuomo’s failed campaign.
Mamdani, who defeated Cuomo and Republican Curtis Sliwa in a historic upset, has not yet responded publicly to Ackman’s outreach.

Yea, you can help with paying more taxes and fund the free roving homeless shelters busses in NYC. What a bizarre tweet. Bowing like a little cat.
“surprise victory”?! every poll has been predicting it since mamzeri won the democratic primary – where have you been hiding?
wasted millions a fool
Akman is pro Israel
He’s the biggest phony on the planet and sucking up to a terrorist or he’s just trying to be politically correct and doesn’t mean it because we are dealing with a future mayor who hates America hates white hates Jews. Loves. Hamasssss