Ackman Donates $250,000 to Cuomo’s New York City Mayoral Run (2)

Billionaire hedge fund manager Bill Ackman has donated $250,000 to a super PAC supporting former New York Governor Andrew Cuomo in New York City’s mayoral race.

Ackman’s contribution to the pro-Cuomo PAC “Fix the City, Inc.” was disclosed in campaign filings and brings its total fundraising to more than $4.9 million in about six weeks. Cuomo has recently received $100,000 from philanthropist and Walmart Inc. heiress Alice Walton, $250,000 from media magnate Barry Diller and $100,000 from fashion designer Michael Kors.

Andrew Cuomo

Photographer: Kena Betancur/AFP/Getty Images

Ackman, a long-time donor to Democrats, has in recent years become a leading cheerleader for Republican President ...