"Zohran Mamdani reported $1,643 in royalties for 2025, an increase from $1,267 in 2024, stemming from his earlier rap career as 'Young Cardamom.'"
"The couple's joint income for 2025 was $143,634, with Mamdani earning $131,296 as a state assemblyman and $1,599 in capital gains income."
"Mamdani and his wife received a $7,011 tax refund, which included $5,704 from the federal government and $1,307 from New York state."
"As mayor, Mamdani's salary is now $258,750, over $100,000 more than his previous earnings, and he has moved into Gracie Mansion."
Zohran Mamdani's 2025 tax returns reveal $1,643 in royalties from his past rap career, an increase from 2024. He and his wife reported a joint income of $143,634, primarily from his role as a state assemblyman. The couple received a $7,011 tax refund. Mamdani is now earning $258,750 as mayor, significantly more than his previous salary. He has also moved into Gracie Mansion, reducing his living expenses. Mamdani is advocating for a new wealth tax on high-value second homes.
Read at www.businessinsider.com
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