This story was originally published by the WND News Center.
Alex Soros, heir to his father George's empire and fortune, cheered the Tuesday election of Mayor-elect Zohran Mamdani, posting a photo of himself and the young socialist.
As a billionaire living in the Big Apple, Soros is one of the residents who will be targeted by Mamdani's plan to raise taxes on the city's "top 1%."
As reported by Fox News, Soros posted: "The American dream continues! So proud to be a New Yorker! Congrats, Mayor Zohran Mamdani."
George Soros' Open Society Foundations have helped fund left-wing campaigns stretching from district attorneys to federal elections. In 2022, Alex Soros succeeded his father as chairman of the board of directors of the $25 billion nonprofit.
Wednesday Mamdani appeared on ABC's "Good Morning America," declaring, "I think you have to raise taxes on the top 1% of New Yorkers."
According to Fox, Open Society Foundations reportedly donating $37 million across the last decade to left-wing groups that ultimately promoted Mamdani's nomination this year, such as the Working Families Party, the New York Post reported in July.
Though a self-described "democratic socialist," Mamdani is better known in the Trump White House as a "communist." He came under fire Wednesday for his victory speech Tuesday, which quoted famed socialist Eugene Debs.
Trump wrote on Truth Social in August: "Soros, and his group of psychopaths, have caused great damage to our Country! That includes his Crazy, West Coast friends. Be careful, we're watching you!"
