What is Zohran Mamdani's net worth? All about Indian-origin New York City Mayoral candidate's earnings, properties
Zohran Mamdani has won the Democratic nomination for NYC mayor, defeating Andrew Cuomo with 43.5% of the vote.
Zohran Mamdani has emerged as the Democratic nominee for mayor of New York City by defeating former governor Andrew Cuomo. In 2025, Zohran Mamdani declared his intention to run for mayor of New York City.

According to recent trends, the 33-year-old received 43.5% of the vote, while Cuomo finished in second with 36.3%.
Mamdani's net worth was mostly made up of his state pay and a small income from his previous musical career.
Mamdani and NYC mayoral election in November
With this triumph, Mamdani was able to guarantee his place as the Democratic contender for the NYC mayoral election, which are scheduled to take place on November 4, 2025.
Mamdani, the Indian-origin, Uganda-born, New York City-raised, will face incumbent Eric Adams, who became mayor on the Democratic Party line in 2021 but is running for reelection as an independent for a second term after being charged with federal corruption in September 2024 and being pressured to step down.
Zohran was born in Kampala, Uganda, and moved to New York as a kid with his mother, the celebrated director Mira Nair, and father, the renowned scholar Mahmood Mamdani.
The major factor influencing Mamdani's personal financial impact has been his own job, despite the fact that his well-known family indicates exposure to significant cultural and educational resources.
What is Zohran Mamdani's net worth?
Mamdani has served as the representative for Queens' 36th Assembly District since 2020. His most recent 2024 tax returns show that he was paid $131,000 year as a state lawmaker.
Additionally, he earned $1,267 in song royalties from his past hip-hop endeavors while going by the name “Mr. Cardamom.” Following graduation, he tried his hand at rapping and worked on his mother's movie sets. During his brief musical career, he recorded many songs, including Nani and Sidda Mukyaalo.
Forbes estimates Mamdani's net worth to be between $2,000,000 and $3,000,000 (about Rs. 1.6 crore to Rs. 2.5 crore).
After obtaining US citizenship in 2018, he contested for a seat in the New York State Assembly in 2020. He receives $1,42,000 (about ₹1.18 crore) annually for the job. He continues to collect modest royalty checks from his previous musical endeavors totaling around $1,267 (roughly ₹1.05 lakh) year, according to Music Essentials.
It has been 25 years since Mamdani came to the United States. According to official records, he owns four acres of land in Jinja, Uganda, and it costs around $1,50,000 and $2,50,000.
If Mamdani win the November election, he would become the youngest NYC Mayor after Hugh John Grant, who was elected at the age of 30 in 1889. He will also create history by becoming the city's first Muslim mayor.
ABOUT THE AUTHORShweta KukretiShweta Kukreti has over 8 years of experience in covering Indian and world politics. She joined the Hindustan Times in 2024 and is primarily assigned to the US desk. She currently works as Deputy Chief Content Producer and reports on a wide range of topics, including US politics, immigration issues (especially H-1B visa) and major global events. Shweta strongly emphasizes team operations, which encompasses monitoring news, delegating tasks, editing, developing comprehensive coverage strategies, and crafting engaging, and data-informed narratives. She received the Digi Star Award at the Hindustan Times within a year of joining for her broad coverage of US politics. In 2025, she earned both a promotion and a redesignation, a significant achievement recognising her contributions and the strong value she brings to the team. She has previously worked with the Indian Express, HTDS, ANI and Republic World. Seniors in all the media organisations recognised her work. Regarding education, she earned a BA (Hons.) in Political Science and a master's degree from Delhi University, and she pursued a PG Diploma in English Journalism from the Indian Institution of Mass Communication (IIMC). She also holds a diploma in Women's Empowerment and Development from IGNOU University and a French certification course from Alliance Française de Delhi. If not working, you can find her exploring the hills and engaging in adventurous activities in Rishikesh and Himachal Pradesh. She loves to play badminton, volleyball, and chess, and spend time with her friends and family. She also enjoys spiritual activities.Read More

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