Big Apple billionaire John Catsimatidis planned to move his business to New Jersey if Zohran Mamdani was elected mayor. Now he’s reconsidering.
New York City supermarket billionaire John Catsimatidis went nuclear in June, when Zohran Mamdani, who had proposed opening a cheap city-run grocery story in each of the five boroughs, won the democratic primary for mayor. Catsimatidis held a press conference with Bodega owners; publicly threatened to shut down his 30-plus stores if the democratic socialist won the election; and ranted on TV. “He’s not qualified… this is silly,” he said on FOX News, comparing Mamdani to Fidel Castro. “It’s one big con game.”
He also called President Trump, who publicly backed his friend. “[Mamdani] actually wants to take over the grocery stores of John Catsimatidis, who’s a great guy, a rich guy,” Trump said of his buddy, whose net worth Forbes pegs at $4.8 billion, “He actually called me the other day, he’s concerned his stores are going to be taken from him, and they won’t be run like John runs them, believe me, he runs a good operation.”
Read the full story on Forbes: https://www.forbes.com/sites/martinadilicosa/2025/11/07/supermarket-billionaire-john-catsimatidis-threatens-to-cut-workforce-move-to-florida-after-mamdanis-win/
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