Billionaire hedge fund heir Elizabeth Simons donates $250K to pro-Zohran Mamdani super PAC

Philanthropist Elizabeth Simons, daughter of the late billionaire hedge fund investor Jamie Simons, donated $250,000 to the pro-Zohran Mamdani super PAC New Yorkers for Lower Costs.

The contribution is the largest made to the group promoting the Democratic socialist nominee’s mayoral campaign, which has already raised nearly $2 million from nearly 300 separate donations.

Simons is chairwoman of the board of directors of the Heising-Simons Foundation, which she co-founded with her husband, Mark Heising.

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