Hedge Fund Heir Elizabeth Simons Gives $250,000 to Mamdani PAC
Elizabeth Simons, the heir to the Renaissance Technologies hedge fund founded by her father James Simons, has donated $250,000 to a super PAC supporting Zohran Mamdani's Democratic mayoral campaign. Simons, a philanthropist, made the contribution to the PAC last week. Mamdani is running for mayor in a competitive race, and the super PAC's support is expected to provide a significant boost to his campaign. The large donation from Simons highlights the role of wealthy individuals and special interest groups in influencing local elections through independent expenditure committees, which are not subject to the same contribution limits as traditional campaign donations.
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