‘New York is on the verge of making a monumental mistake’

• Ken Langone appeared to deliver a harsh blow to NYC mayoral candidate Zohran Mamdani on Wednesday.

• He said New York was at risk of a “tremendous mistake” and was one of many billionaires to oppose Mamdani.

• Langone also had some advice for people who have issues with America in general.

Home Depot co-founder Ken Langone looks like he’s looking forward to next Tuesday.

Langone catches leading New York mayoral candidate in a not-so-subtle shot Zohran Mamdani Speaking at Goldman Sachs’ 10,000 Small Businesses Conference in Washington, DC, on Wednesday.

“New York is on the verge of making a monumental mistake,” Langone, a Long Island native, said when asked about capitalism.

Many business leaders and billionaires have expressed concerns about Mamdani’s possible victory in the November 4 elections. shed hundreds of thousands He’s trying to stop her from moving into Gracie Mansion. (However, there is one condition Wall Street employees They throw their money behind Mamdani.)

Moments after his comments about New York, the 90-year-old artist called himself an “unabashed, devout lover of capitalism”; Mamdani describes herself as follows: Democratic Socialist. According to Forbes, Langone’s fortune is $9.3 billion; Mamdani had previously said: billionaires shouldn’t exist. Representatives for Mamdani did not respond to Business Insider’s request for comment.

JPMorgan Chase CEO Jamie Dimon also expressed doubts about the mayor’s prospects but said he would call Mamdani and make an offer. help Should the current council member become mayor?

“She may be looking for help in a way that I refuse to do. But maybe she’s actually looking for help with things we can do,” Dimon said at Fortune’s Most Powerful Women conference earlier this month. Still, the banking giant said it was not convinced Mamdani was “willing to change” his views.

Mamdani held meetings and private meetings with executives, including Dimon, and said: last debate When asked how he would balance the needs of the financial sector, he said he would “be the mayor of this entire city.”

Although Langone criticized New York City’s potential election decision next week, he had election words for troubled people across the country.

“I have simple advice for anyone who has a problem with America,” Langone said. “Why don’t you go?” He added that he was “tired of people bitching and complaining.”

Langone is a prominent conservative donor and said he “sold out” himself Embers” In an interview over the summer. But he criticized some tariffs and previously withdrawn Some of his support for the president following the Capitol riot on January 6, 2021.

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