Zohran Mamdani Net Worth 2025: Salary, Assets & Income Sources Revealed
— Zohran Mamdani's modest net worth and grassroots fundraising contrast sharply with billionaire-backed rivals in the NYC mayoral race.
Zohran Mamdani, a 33-year-old Indian‑Ugandan New Yorker and the son of filmmaker Mira Nair and Columbia professor Mahmood Mamdani, is now the presumptive Democratic nominee for New York City mayor after securing 43.5% of the vote—trailing behind Andrew Cuomo’s 36.3% in the June 2025 primary.
Income & Salary
As a New York State Assembly member representing Queens since 2020, Mamdani earns approximately $142,000 per year (2024 salary), which forms the bulk of his annual income.
Hip‑Hop Royalties
He previously performed under the stage names “Young Cardamon” and “Mr. Cardamom.” Though his musical career was brief, he still receives around $1,267 in annual royalties from his recordings.
Overseas Assets
Mamdani owns four acres of land in Jinja, Uganda, valued between $150,000 and $250,000—his only significant investment outside income sources.
Estimated Net Worth
Forbes and other outlets estimate his net worth at between $200,000 and $300,000, placing him firmly in the six-figure range—modest for a major U.S. political figure.
Financial Contrast
Mamdani’s financial profile is starkly different from billionaire-backed opponents like Andrew Cuomo. His grassroots campaign, funded by over $7 million from small donors, further emphasizes his working-class appeal.
