Zohran Mamdani is riding high. The 34-year-old democratic socialist New York state assemblyman remains well ahead of former governor Andrew Cuomo and talk show host Curtis Sliwa in the race for New York City mayor—despite making more than a few enemies in high places. “Billionaires like Bill Ackman and Ronald Lauder have poured millions of dollars into this race because they say that we pose an existential threat,” Mamdani declared at an Oct. 13 rally. “I am here to admit something: They are right.”